2021-5-28 19:10 |
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Famed investor Jim Cramer continues to see upside in Bitcoin despite its massive year-to-date rally. Post-election optimism has sent Bitcoin price soaring to new highs of around $99,000 – and crypto-related stocks have rallied with it as well.
Axie Infinity (AXS) and Smooth Love Potion (SLP) tokens have crawled back in the past few days as the ecosystem started to bounce back. The SLP coin was trading at $0. 0035 on Friday, up by 65% from its lowest point this year.
Wall Street is gearing up for a potential resurgence of inflation as President Donald Trump prepares for his second term, backed by Republican control of Congress. Investors face a complex landscape of rising inflation expectations, soaring stocks, and uncertainties tied to Trump’s policy agenda, including taxes, tariffs, and immigration.
Trump’s team is considering creating a White House role dedicated to crypto policy. The proposed “crypto czar” would provide direct access to the President for the industry. Donald Trump’s past promises include ending the SEC crypto crackdown and a Bitcoin reserve.
Arkham Intel, a prominent blockchain analytics and crypto data tracking firm, has announced plans to launch a spot trading platform in the United States. This marks the firm’s latest venture into the crypto exchange market, following its recent release of the Arkham Exchange.
Gary Wang, the co-founder and former chief technology officer of FTX, has been spared prison time for his involvement in the crypto exchange’s collapse. On Wednesday, he was sentenced to time served and three years of supervised release for each of the four criminal charges he pleaded guilty to. Wang was also ordered to forfeit […]
Russia is poised to implement a 15% tax on all crypto mining and trading activities. The move aims to foster a regulatory framework that supports the growing digital asset industry. 15% Tax On Crypto Trading And Mining Activities According to Interfax, the Russian Government has approved draft amendments to the bill on taxation of income […]