Tag: News

Why Crypto Investors Are Receiving Internal Revenue Service Warning Letters

According to CoinLedger CEO David Kemmerer, thousands of U.S. crypto investors have recently received warning letters from the Internal Revenue Service (IRS), marking a significant escalation in the agency’s efforts to enforce tax compliance in digital assets. What Happened: In an interview with The Block, Kemmerer revealed that IRS...
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CoinDesk Weekly Recap: Stablecoins Dominate the Cycle

With the near-passage of the GENIUS Act and a host of companies announcing stablecoin initiatives, stablecoin-related assets have been on a tear. Circle, issuer of USDC, has seen its stock rise about 500% since its debut on June 5. This week, the company was valued at a staggering $77...
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BTC holds strong amid volatility, but altcoin momentum fades

As global markets absorbed Middle East shocks, BTC climbed above $107,000 this week, outperforming equities, bonds, and commodities. Altcoins, meanwhile, struggled to catch a bid. According to a Binance Research report on June 27, Bitcoin (BTC) weathered a volatile weekend…...
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Bakkt’s Bitcoin Strategy: Company Files With SEC To Raise $1 Billion

Bakkt Holdings filed Form S-3 with the US Securities and Exchange Commission on 26 June 2025 to raise up to $1 billion for its ambitious new Bitcoin strategy.  Originally launched in 2018 by Intercontinental Exchange as a pioneer in Bitcoin futures, Bakkt is set to transform into a “pure-play...
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Analysts Predict Bitcoin Price Could Lose $100K: Here’s Why

Now that tensions between Israel and Iran have temporarily eased, analysts are turning their attention back to Bitcoin’s next major move. Earlier in the week, Bitcoin price briefly dipped below the $100,000 mark following Iran’s missile strikes on U.S. military bases in Qatar. Although the price rebounded to $108,000...
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Donald Trump Says ‘Bitcoin Takes A Lot Of Pressure Off The Dollar’

U.S. President Donald Trump said Bitcoin (CRYPTO: BTC) is helping relieve pressure on the U.S. dollar, calling its increasing adoption “a great thing for our country.” Speaking about the evolving role of Bitcoin in the economy, Trump said that more people are using it for payments and that the...
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