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What is the tax year? When filing taxes, understanding the tax season and year is crucial for staying compliant and avoiding penalties. A tax year is the 12-month period in which your income, deductions and credits are recorded for tax purposes. This period is essential because it defines the timeframe for calculating all your earnings …
Continue reading “What are exit liquidity traps — and how to detect them before it is too late”
Since US President Donald Trump’s inauguration on Jan. 20, Bitcoin (BTC) has swung from a record high of $109,000 to below $78,000 as major tariff announcements from the US and retaliatory moves from trade partners shaved off chunks of cryptocurrency market value and rattled global markets. “The back-and-forth on tariffs, with Trump sometimes tough and …
Continue reading “Timeline: How Trump tariffs dragged Bitcoin below $80K”
US derivatives exchange operator CME Group is piloting solutions for tokenized assets using Google Cloud Universal Ledger (GCUL), a new distributed ledger that was designed for traditional financial institutions. According to a March 25 announcement, CME has already begun integrating GCUL to improve capital market efficiency and wholesale payments. CME Group chairman and CEO Terry …
Continue reading “CME Group to pilot tokenization technology for capital market efficiency”
About $13 million worth of cryptocurrency has been drained from decentralized lending protocol Abracadabra.Money following an exploit targeting pools using GMX tokens. In a March 25 X post, crypto cybersecurity firm PeckShield reported that contracts related to GMX and Abracadabra.Money had been compromised, resulting in the loss of about 6,260 Ether (ETH), worth around $13 …
Continue reading “Abracadabra.Money’s GMX pools hacked, $13M lost”
US President Donald Trump’s trade war with China and efforts to ramp up on-shore Bitcoin mining will be a boon for US mining rig manufacturers, which currently only hold a small sliver of market share compared to their major Chinese counterparts. The United States accounts for over 40% of the Bitcoin network’s global hashrate but …
Continue reading “Bitcoin mining supplier Auradine sees opportunity in Trump policies”
BlackRock’s tokenized money market fund has expanded to the Solana blockchain as its market capitalization approaches the $2 billion mark. On March 25, Carlos Domingo, the founder and CEO of real-world asset (RWA) tokenization platform Securitize, welcomed the Solana network to the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This marked the tokenized money market …
Continue reading “BlackRock’s BUIDL expands to Solana as tokenized money market fund nears $2B”
Cryptocurrency-friendly trading platform eToro has filed for an initial public offering (IPO) in the United States following several previous attempts. The company said in a March 24 announcement that it had submitted a registration statement on Form F-1 with the US Securities and Exchange Commission related to the IPO of its Class A common shares. …
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Ether’s (ETH) price printed a bear flag on the daily chart, a technical chart formation associated with strong downward momentum. Could this bearish setup and decreasing transaction fees signal the start of the second leg of ETH’s drop toward $1,200? Ethereum’s network activity slumps The market drawdown, fueled by US President Donald Trump’s tariff threats, …
Continue reading “ETH price to $1.2K? Ethereum's PoS 'deflation' ends with fees at all-time lows”
Traditional and cryptocurrency investors are eagerly awaiting Friday’s upcoming Personal Consumption Expenditures (PCE) release, which may provide more relief to inflation-related concerns and bring more investor appetite to risk assets including Bitcoin. The US Bureau of Economic Analysis (BEA) is set to release the next PCE report on March 28, which measures the inflation in …
Continue reading “Friday’s PCE inflation report may catalyze a Bitcoin April rally”
Real-world asset (RWA) tokenization platform DigitShares is bringing tokenized real estate trading to Polygon with the launch of RealEstate.Exchange, also known as REX. According to a March 25 announcement, REX is designed to offer retail investors a compliant venue for fractional property investments in a secondary market, potentially addressing the industry’s existing liquidity constraints. As …
Continue reading “Tokenized real estate trading platform launches on Polygon”
