Category: News

IRS Introduces Safe Harbor Allowing Tax-Free Staking for Crypto ETPs

The U.S. Treasury and the IRS have announced a new safe harbor that allows crypto exchange-traded funds (ETFs) to stake digital assets without paying extra tax. The guidance resolves a regulatory challenge that previously prevented asset managers from participating in staking networks due to concerns about potentially violating tax...
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Polymarket finds US gateway through PrizePicks alliance

Polymarket is leveraging fantasy sports leader PrizePicks’ user base and regulatory standing as its gateway to re-entering the U.S. market. According to a prepared statement on Nov. 11, PrizePicks will integrate Polymarket’s event contracts into its own platform, offering its…...
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Solana ETFs Top Crypto Inflows as Altcoin Season Index Flashes Early Recovery Signal

Solana (SOL) continues to dominate the crypto investment space as institutional inflows surge, signaling renewed confidence in the altcoin market. According to recent filings, major financial institutions, including Rothschild Investment and PNC Financial Services,  have disclosed holdings in Solana-based ETFs, adding to a nine-week streak of consistent inflows that...
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Coinbase Pulls Plug On $2 Billion Agreement With BVNK

A Coinbase spokesperson confirmed to Fortune that the cryptocurrency exchange has officially terminated its acquisition discussions with UK-based stablecoin startup BVNK. Coinbase had initially secured exclusive negotiation rights with BVNK after navigating a competitive bidding process. Coinbase Abandons BVNK Acquisition A Coinbase representative stated, “We’re continuously seeking opportunities to...
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Why The XRP Price Is Set To Repeat ZCASH’s Legendary 40x Rally

A new XRP price chart shared by market analyst Mikybull Crypto suggests the digital asset could be on the verge of a significant price rally similar to Zcash’s legendary 40x breakout. Setting modest price targets of $8 to $10, Mikybull’s projection comes as XRP consolidates around the $2 mark,...
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