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Bitcoin prices have increased 20.27% in the last week, according to CoinMarketCap, following news around BlackRock’s bitcoin spot exchange-traded fund (ETF) application.
As the 2024 US presidential election looms, will the White House's next occupant usher in a cryptocurrency bull market, or will they double down on stringent regulations?
US President Joe Biden pointed out the loopholes in the crypto industry at the Bidenomics in Chicago, Illinois, on June 28. In the first part of his speech, the US president emphasized the country’s infrastructure and the creation of 13.4…
Unmasking the tensions between crypto traders, wealthy tax evaders, and the imminent financial crisis, U.S. President Joe Biden takes a firm stance against biased fiscal deals.
In response to the Biden administration's proposed crypto mining tax, Bit Digital has strategically moved a significant portion of its mining machines to Iceland and Canada.
The president of the United States, Joe Biden, recently claimed that the government is losing $18 billion due to cryptocurrency tax loopholes.
Robert Kennedy Jr. has spoken out against President Biden's proposed 30% tax on cryptocurrency mining
the White House advisers are again proposing a 30% energy tax on cryptocurrency miners due to negative environmental impact. The proposal has however drawn criticism from the crypto community.
In a recent report, the White House made a concern against cryptos by claiming that some elements of the ecosystem for digital assets are problematic for consumers, the economy, and the environment.
After the pro-cryptocurrency Silvergate Bank was shut down, several industry insiders have speculated that the US government is actively targeting the cryptocurrency sector.
There was a panic in the financial markets when Silicon Valley Bank collapsed under the pressure of large-scale withdrawals by depositors.
Hedge fund billionaire Ken Griffin was critical of how the U.S. government saved the depositors at Silicon Valley Bank (SVB), and thinks that is is a lesson in the moral hazard that exists in today's global marketplace.
Following the Silicon Valley Bank collapse, US President Joe Biden sought to portray calm on March 13 by assuring US citizens that the country’s financial and banking systems are secure. In a move that has sent shockwaves throughout the banking…
President Biden has assured the Senate Banking Committee that taxpayers will not bear the brunt of any potential losses incurred by SVB Financial Group and Signature Bank.
The President Joe Biden administration has proposed imposing a 30% electricity tax on crypto mining operations in the United States. The move is attracting severe criticism from industry players. Despite the unfavorable market conditions and FUD that have plagued the…
U.S. President Joe Biden's proposed budget will be released on March 9, including a stipulation to tax loss loopholes on crypto transactions.