CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Bitcoin Eyes $40K as $1B in BTC Withdrawals Suggests Bullish Mood
Data shows over $1 billion worth of BTC has been withdrawn from exchanges over the past week.
Polygon's Secret Deal: Sending DraftKings Millions to Run Failed Validator
Blockchain data shows the crypto project quietly gave DraftKings preferential treatment while telling the public it was an "equal" member of the validator community.
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Bitcoin Going From Boiling the Oceans to Draining Them, According to Critic
A data scientist for the Dutch National Bank, Alex De Vries, claims every bitcoin transaction uses enough water to fill a swimming pool.
Republicans' Leadership Squabbles Delayed U.S. Crypto Bills Until 2024, Key Lawmakers Say
Republican Rep. French Hill and Democrat Rep. Jim Himes see potential future floor votes for crypto bills being key to convincing the Democrat-controlled Senate to play ball.
Paying for Use Slows Down Crypto's Search for a Use Case
CoinDesk's Danny Nelson reported that Polygon paid DraftKings to be on the network, a furtive deal that only misrepresents consumer choice.
World's Largest Bitcoin Futures ETF Breaks 2021 Record Highs for Assets Under Management
ProShares' BITO now has $1.47 billion in holdings, as a flurry of bitcoin ETF applications in the U.S. seemingly spurs institutional interest in the asset.
MicroStrategy Bought $600M of BTC in November, Increased Holdings by 10%
MicroStrategy is also looking to raise up to $750 million in a sale of class A common stock.
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Nov 29, 2023
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Binance Crackdown
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Binance to Make 'Complete Exit' From U.S., Pay Billions to FinCEN, OFAC on Top of DOJ Settlement
The crypto exchange, which is settling charges with the Department of Justice, will appoint a monitor as well.
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Tax Week 2023
Confused by crypto taxes? CoinDesk rounds up expert opinion on what you should be paying, how to avoid paying too much, and what to do if you are unsure, sponsored by TaxBit.
- New Form 1099-DA: What it Means for Digital Asset Brokers and Their Customers
- ‘We're Not Asking for Special Treatment’: Coin Center on the Proposed IRS Broker Rules
- The IRS and the Rising Cost of Crypto Tax Compliance
- The Tax Implications of Sam Bankman-Fried’s Conviction
- The IRS Is Making Crypto Compliance Impossible
- The IRS Should Heed This Warning
- The IRS Should Offer a Free Tax Reporting Tool to DeFi Users
- Crypto Tax Basics: A 101 for Beginners
- Top 5 Crypto Tax Questions, Answered
- IRS 'Raided' by Crypto Investors as Industry Puts Up Fight Against U.S. Tax Proposal
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Discovery
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Leadership Turmoil Hits Cosmos, ENS and Unstoppable Domains Fuel Tech Ownership Debate and More
Cosmos faces internal leadership challenges, with its founder advocating for a 'hard fork.' Concurrently, the Ethereum Name Service founder contemplates challenging Unstoppabl...
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Why the Crypto Industry Is So Upset About the IRS’ Proposed New Tax Reporting Rules
A pair of crypto industry tax experts describe the problems with the tax agency’s new reporting proposals and suggest alternatives.
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Protocol Village: ARPA's Random Number Generator Launches on Base
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 23-29, with live updates throughout.
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Featured Story | Bitcoin and the Changing Definition of 'Safety'
When supposedly safe investments like bonds and stocks underperform, what does that mean for our view of apparently risky investments like bitcoin? Noelle Acheson offers her t...
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Ali Yahya, Andreessen Horowitz: 'Many Fair Weather VCs Have Pivoted'
A16z’s general partner tells Jeff Wilser why the blue-chip venture fund is "100% committed on crypto as a space."
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The IRS Is Making Crypto Compliance Impossible
The 6045 digital asset broker regulations are likely to greatly increase the cost of filing your crypto taxes, says Kirk David Phillips, CPA.
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