Bitcoin’s Rising Realized Losses Among Short-Term Investor Coincide With Growing Crypto Exchange Inflows

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Over the past few days, the broader cryptocurrency market has flipped extremely bearish, with Bitcoin’s price steadily declining to the $66,000 threshold. Given the heightened volatility, BTC is starting to experience a notable rise in market stress, which is evidenced by increased…

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Crypto Is No Longer the ‘Belle of the Ball,’ Warns Bitwise’s Matt Hougan

Crypto winter looks different this cycle as capital rotates towards smaller assets with credible fundamentals instead. Bitwise Chief Investment Officer Matt Hougan said the “brutal” cryptocurrency market is no longer the “belle of the ball,” as digital assets are increasingly becoming a contrarian investment. In his latest memo, Hougan flagged three factors influencing the market,…

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Israel’s Tax Authority ‘Disappointed’ in Voluntary Crypto Disclosures: Report

Israeli taxpayer disclosures of profits from cryptocurrencies have reportedly fallen short of expectations at the Israel Tax Authority after the enactment of a policy allowing immunity from criminal proceedings for filers correcting their reports. According to a Wednesday report from Globes, Israeli authorities had expected to gain up to $1 billion in taxes from “voluntary…

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Solana Explosive Growth Pushes Its Monthly Perps Volume Beyond Prior Records

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In the face of heightened bearish performance and volatility, Solana is showing remarkable strength in the derivatives market. While SOL’s price has fallen sharply lately, bullish momentum is returning, and the monthly perpetual futures volume is experiencing one of its most significant…

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US Sanctions Iran’s Largest Crypto Trade Nobitex in Main ‘Financial Fury’ Crackdown

US Sanctions Iran’s Largest Crypto Trade Nobitex in Main ‘Financial Fury’ Crackdown

Treasury alleged that Iranian crypto exchanges enabled sanctions evasion whereas processing transactions related to the IRGC and regime insiders. The US Division of the Treasury’s Workplace of International Belongings Management (OFAC) has sanctioned Nobitex, Iran’s largest digital asset trade, together with three different Iranian crypto exchanges. The transfer is a part of the Donald Trump…

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