Tag: Crypto

Bitcoin Soars Back To $88,000 After BlackRock CEO Says “Buy The Dip”

Amid several days of massive Bitcoin volatility, the asset soared back above $88,000 on Tuesday after BlackRock CEO Larry Fink allegedly told investors to buy any short-term dips, as he expects an economic rally for later this year.  Bitcoin traded for $82,300 at 11:40am ET on Tuesday, before rallying...
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Is Trump eliminating capital gains taxes on crypto?

Recent speculation on X suggests that President Donald Trump may propose eliminating capital gains taxes on cryptocurrency sales. Rumors circulating online indicate that an announcement could come as soon as Friday, though no official confirmation has been provided. While the…...
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SEC Agrees to Drop Enforcement Suit Against Cumberland DRW, Firm Says

The U.S. Securities and Exchange Commission (SEC) has agreed to drop its enforcement case against Cumberland DRW, the crypto trading arm of Chicago-based trading firm DRW, according to a Tuesday announcement from the company. The SEC sued Cumberland DRW last October, accusing the firm of acting as an unregistered...
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