Tuesday, April 22, 2025
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Bitcoin price drops to lowest since May as Ethereum market trades at 18.4% loss

Bitcoin (BTC) saw further losses on June 12 as thin weekend trading volumes fueled an ongoing sell-off.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst likens risk asset 'pump' to 1929Data from Cryptox Markets Pro and TradingView showed BTC/USD hitting lows of $27,150 on its sixth straight day of downside.With hours to

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Rep. Cawthorn’s Crypto Wallet Reveals Undisclosed Trades Amid House Ethics Investigation

Regardless, Cawthorn, who sold LGB for ETH (which itself was crashing through January) likely lost money on his $150,000 initial investment; he almost certainly ran up a hefty short-term capital gains tax bill for the 2021 trades. Based on his congressional salary for last year ($174,000), his married status and

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Brazil’s Federal Revenue now requires citizens to pay taxes on like-kind crypto trades

Brazil's Federal Reserve (RFB) has declared that Brazilian investors in the crypto-asset market must pay income tax on transactions that involve the like-kind exchange of cryptocurrencies; for example, Bitcoin (BTC) for Ethereum (ETH).The RFB's declaration was published in the Diário Oficial da União and was the result of a consultation

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Bitcoin trades in $29K ‘no man’s land’ as Tesla ESG fallout routs stocks

Bitcoin (BTC) stayed $1,000 lower on May 19 after a grim trading session on Wall Street the day before put pay to further upside.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewMusk blasts ESG "scam" after S&P 500 exitData from Cryptox Markets Pro and TradingView showed BTC/USD circling $29,000 at the time of

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Crypto.com unblocks users, reverses glitched LUNA trades that made 30-40x

Crypto.com was one of the few crypto exchanges to keep LUNA trades open as Terra’s death spiral saw an unrecoverable price crash of LUNA and stablecoin UST. However, a technical glitch on Crypto.com’s mobile application allowed users to get away with a 30-40x profit on LUNA trades momentarily.On Friday, Crypto.com

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