News

Should You Buy the Bitcoin Dip?

Bitcoin has lost some steam and is now trading at about $94,000 at the time of writing. While this is still a remarkable price level when considering Bitcoin's humble beginnings, uncertainty looms in the market, leaving many investors asking the critical question: Should you buy the Bitcoin dip? Bitcoin's recent pullback may have surprised some, but it aligns with a historical pattern seen in the years after a halving.

IRS And Treasury Impose New Tax Rules For Crypto DeFi Platforms

The IRS and U.S. Treasury have finalized a controversial new rule requiring DeFi platforms to implement KYC procedures and report user transactions, treating them as traditional brokers. Effective by 2027, these regulations have sparked backlash for potentially overreaching legal authority, threatening privacy, and risking innovation in the decentralized finance space.

Crypto Brokerage FalconX Buys Derivatives Startup Arbelos Markets

(Bloomberg) -- Digital-asset prime brokerage firm FalconX has acquired Arbelos Markets, a derivatives startup launched in 2023 by two crypto industry veterans.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned-Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusTerms of the transaction weren’t d