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Financial News

Kraken filed 56 million crypto tax forms for 2025. One-third were below $1

Kraken filed 56 million crypto tax forms for 2025. One-third were below $1

2 months ago by Crypto InsightsCrypto

Crypto exchange Kraken says it filed 56 million crypto-transaction forms with the U.S. Internal Revenue Service (IRS) for the 2025 tax year. Roughly 18.5 million of them covered transactions worth less than $1, and over half were for $10 or less. Only 8.5% of the… Read More

Bitcoin price tops $78,000 on Trump ceasefire extension, Strategy’s $2.5 billion buy

Bitcoin price tops $78,000 on Trump ceasefire extension, Strategy’s $2.5 billion buy

2 months ago by Crypto InsightsCrypto

Bitcoin BTC$77,976.32 is breaking out of the Iran-headline chop. The cryptocurrency topped $78,000 on Wednesday morning, up 2.2% over 24 hours and 4.3% on the week, after President Donald Trump said he would extend the Iran ceasefire indefinitely and Strategy disclosed the purchase of 34,164… Read More

Crypto’s great hope in Senate’s Clarity Act still has a path to survive tight calendar

Crypto’s great hope in Senate’s Clarity Act still has a path to survive tight calendar

2 months ago by Crypto InsightsCrypto

April appears to be a lost cause for the crypto Clarity Act, but a U.S. Senate committee hearing sometime in May could keep the critical market structure legislation alive, as long as it can reach a final vote of the overall Senate by July, according… Read More

Aave faces ‘serious trouble’ as all its core markets hit 100% utilization. What this means.

Aave faces ‘serious trouble’ as all its core markets hit 100% utilization. What this means.

2 months ago by Crypto InsightsCrypto

Aave, one of the largest decentralized lending platforms, effectively froze Tuesday after all its major lending protocols ran out of available funds, leaving users unable to withdraw billions of dollars in crypto, DeFi Warhold said as he explained what the 100% utilization means. Roughly $5… Read More

A dozen banks want a euro stablecoin. Fireblocks is making it happen

A dozen banks want a euro stablecoin. Fireblocks is making it happen

2 months ago by Crypto InsightsCrypto

Cryptocurrency custody firm Fireblocks is handling the issuance and distribution of a euro-denominated stablecoin, backed by a group of twelve European banks, known as the Qivalis consortium. The euro-backed token, scheduled for release in the second half of 2026, is regulated by the Dutch Central… Read More

Bitcoin jumps, crashes within minutes of Trump moves, and here is why it might happen again this week

Bitcoin jumps, crashes within minutes of Trump moves, and here is why it might happen again this week

2 months ago by Crypto InsightsCrypto

Bitcoin and other risk assets have become increasingly sensitive to statements from U.S. President Donald Trump, with markets often swinging upward or downward within minutes of his social media posts or policy announcements to the news media. This has drawn scrutiny from lawmakers, academics and… Read More

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