Tag: Crypto

US Council Sounds The Alarm: Crypto Oversight Needed For Stablecoins

Popular stablecoins, or digital assets designed to have a “relatively stable price,” are getting noticed by policymakers. While these crypto units are more stable than their counterparts, a recent Financial Services Oversight Council (FSOC) report suggests they can pose risks to the financial markets. Specifically, the FSOC 2024 Annual...
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Bitcoin Rally Fuels Demand For Crypto Loans: Lending Sector On The Rebound

The recent Bitcoin price surge, which surpassed $100,000 for the first time, is creating ripples in the long-struggling crypto lending sector, particularly through decentralized finance (DeFi) applications.  According to a Bloomberg report, the speculative excitement surrounding Bitcoin has not only invigorated its trading but is also spilling over into...
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Dogecoin Steadily Ascends To $0.4484 Resistance As Bulls Maintain Control

Dogecoin has been steadily climbing, with its price approaching the critical $0.44848 mark. This consistent upward movement signals that the bulls are firmly in control, pushing DOGE closer to new territory.  As the price steadily advances, market attention intensifies, leaving many wondering if this persistent ascent is the beginning...
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Bitcoin Goes Tax-Free In Czech Republic For Long-Term Holders

If you’re from the Czech Republic, you have another good reason to hold your Bitcoin. The government has approved a new tax policy exempting Bitcoin from capital gains tax, provided these assets have been held for at least three years. The updated tax policy also exempts individuals from paying...
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