The IRS wants Circle, a Boston-based fintech company that enables trading of various types of cryptocurrencies, to produce account registration information, account activity records, and other materials for clients who had at …
Read More »Loyalty plans to launch Bitcoin ETFs
Fidelity Investments unveiled plans on Wednesday to launch an exchange-traded fund that tracks the price of bitcoin, fueling the money manager’s push to bring cryptocurrencies into mainstream finance. The ETF, called the …
Read More »Tesla CEO Elon Musk is selling one of his tweets about NFT, as NFT
Tesla TSLA, -4.39% and SpaceX CEO Elon Musk is selling one of his tweets about NFT, as NFT. The bid for Musks’ tweet, which features a video and song about NFT, has …
Read More »Americans ready to invest $ 40 billion in bitcoin and the stock market as stimulus checks roll in: survey
Another round of stimulus controls could provide an opportunity for stocks and especially bitcoin, according to a survey published Monday by Mizuho Securities. The survey of 235 people waiting to receive checks …
Read More »Now is the time to sell cyclical winners and buy back tech stocks, says JPMorgan
US stocks will open higher after the Dow Jones Industrial Average DJIA, + 0.90% and S&P 500 SPX, + 0.10% it closed at all-time highs last week. Comes as the yield on …
Read More »Bitcoin hits $ 60,000, which means Tesla has made a lot of money
Text size Elon Musk, CEO of Tesla fake images Bitcoin traded above $ 60.00 on Saturday. That means Elon Musk’s bet on crypto has paid off. Tesla more than a billion dollars. …
Read More »Bitcoin is at a ‘tipping point’ between the mainstream boom and speculative implosion. Citi says one is more likely
US equities have started the week strong as bond yields declined from last week’s highs on Monday. Two positive developments over the weekend have also encouraged investors: The U.S. House of Representatives …
Read More »Coinbase IPO: 5 Things You Need to Know About the US Cryptocurrency Exchange
A long-awaited public offering from Coinbase Global Inc. comes almost after the cryptocurrency trading platform filed paperwork with the Securities and Exchange Commission on Thursday. Coinbase currency, + 3.70% plans to list …
Read More »Do you need to report bitcoin transactions on your taxes? Here are 5 things to know first
Treasury Secretary Janet Yellen is not very good at bitcoin, a point she recently reiterated when she called the digital currency speculative and “inefficient.” That doesn’t mean that Yellen and the department …
Read More »Bitcoin and Ether Prices Fall After Hitting All-Time Highs
This year’s furious crypto rally lost steam on Tuesday, knocking prices of bitcoin and ether down from recent highs, along with declines in other risky assets, including tech stocks. Bitcoin fell 13% …
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