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Financial News

Record U.S. diesel prices complicate bitcoin and gold outlook

Record U.S. diesel prices complicate bitcoin and gold outlook

4 weeks ago by Crypto InsightsCrypto

U.S. diesel prices have surged to an all‑time high, marking the latest flare‑up in a broader energy shock that is reigniting inflation fears across global markets. The national average price for a gallon of diesel hit a record $6.29 this week, up nearly 80% year… Read More

U.S. House’s tax committee advances crypto tax bill in wake of Clarity Act loss

U.S. House’s tax committee advances crypto tax bill in wake of Clarity Act loss

4 weeks ago by Crypto InsightsCrypto

Less than 24 hours after the collapse of the crypto industry’s market structure bill, the tax committee in the U.S. House of Representatives has advanced another important industry effort that would clarify crypto tax treatment and ease burdens on casual transactions. At a Wednesday hearing… Read More

Coinbase premium hits one-month low as bitcoin retreats

Coinbase premium hits one-month low as bitcoin retreats

4 weeks ago by Crypto InsightsCrypto

Bitcoin’s Coinbase COIN$171.98·Market Closed premium has fallen to its lowest level in four weeks, suggesting weakening U.S. demand as investors confront a setback for crypto legislation and the prospect of tighter monetary policy. The premium measures the difference between bitcoin’s dollar price on Coinbase and… Read More

Crypto stocks sink after Senate rejects Clarity Act, Coinbase slides nearly 9%

Crypto stocks sink after Senate rejects Clarity Act, Coinbase slides nearly 9%

4 weeks ago by Crypto InsightsCrypto

Crypto stocks were a sea of red Tuesday afternoon after the Senate failed to advance the Clarity Act, dealing a major blow to an industry that has spent years — and hundreds of millions of dollars in campaign contributions — gunning for a comprehensive U.S. regulatory framework.… Read More

U.S. Senator Lummis says Democrats won't quit asking for more on crypto Clarity Act

U.S. Senator Lummis says Democrats won't quit asking for more on crypto Clarity Act

4 weeks ago by Crypto InsightsCrypto

One of the top crypto market structure negotiators in Washington says she’s run out of gas on new revisions for the bill she’s worked on for more than five years.

Bitcoin bucks tech selloff as AI safety concerns weigh on stocks

Bitcoin bucks tech selloff as AI safety concerns weigh on stocks

4 weeks ago by Crypto InsightsCrypto

Bitcoin rose above $77,000 as calls to slow AI development hit technology shares, while rising oil prices added to market pressure.

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