Author: driver789

A new survey shows that many crypto users still struggle with the basics of taxation, even as most say they intend to follow the rules.Only 49% of respondents correctly understand that crypto becomes taxable when it is sold, while nearly a quarter believe simple transfers can trigger tax events, according to a 2026 Crypto Tax Readiness Report published by Coinbase and CoinTracker.The findings come from a survey of 3,000 US crypto users conducted between Sept. 9 and Oct. 3, ahead of the 2025 tax reporting season.When is crypto taxable. Source: CoinbaseThe survey noted that crypto investors show a clear willingness…

Prospects of interest rate rises are no longer just the U.S. story. Traders are now betting the Bank of Japan (BoJ) could tighten too as the resource-scarce nation faces inflation risks from the ongoing Iran war.Traders see a roughly 69% chance of the BoJ raising its benchmark borrowing cost at the April 28 meeting, according to data tracked by Bloomberg. Action in options tied to U.S. interest rates shows traders expect the Fed to raise borrowing costs in the coming weeks.BoJ’s policy meeting summary released Monday showed one member calling for a bigger rate hike in response to the conflict…

Opinion by: Ashna Vaghela, chief customer officer at Mercuryo, and Vi Powils, CEO at World of Women.For decades, the financial industry has treated creativity as a high-risk hobby. If you’re a woman building a global brand from a laptop, there is a risk that your bank doesn’t see a CEO. Rather, it sees someone with a non-standard income stream, without collateral, who might have to stop or pause working, to have children. Our global economy champions the middleman while the actual source of value can be treated as an afterthought.For many women, particularly in emerging markets, creating online is not…

Hyperliquid traders located in Tokyo have a speed advantage over their counterparts in Europe and the U.S, new data shows. A Timely Matter For Hyperliquid Traders Even the fastest growing derivatives DEX in the world needs its servers to be geographically located somewhere: in Hyperliquid’s case, it’s Amazon’s data centers in Tokyo. Latency probes and validator data from Glassnode show Hyperliquid’s 24 validators are clustered in AWS Tokyo. Spread across several availability zones inside Amazon Web Services’ ap‑northeast‑1 (Tokyo) region, the system’s API traffic is fronted by AWS CloudFront, but the validators themselves are all concentrated in a single Japanese…

Bitcoin ETFs snapped a four-week inflow streak, with over $296.18 million in outflows recorded over the last week. Summary Spot Bitcoin ETFs recorded $296.18 million in weekly outflows, ending a four week inflow streak that had brought in more than $2.2 billion BlackRock’s IBIT led the redemptions, with $225.5 million withdrawn on Friday, contributing to over $396 million in outflows across the final two trading days. Spot Ether ETFs also saw $206.58 million in weekly outflows, extending losses to a second consecutive week. According to data from SoSoValue, spot Bitcoin ETFs posted $296.18 million in net outflows after four weeks…

Crypto investment products saw their first weekly outflows in five weeks last week, with $414 million exiting the market as investors grew cautious over rising inflation risks and escalating tensions in the Middle East.The pullback came as expectations for the June Federal Open Market Committee (FOMC) meeting in the US shifted from potential rate cuts to rate hikes, signaling a tougher macro backdrop for risk assets, CoinShares reported Monday.Total assets under management fell to $129 billion, returning to levels last seen in early February and “broadly comparable to April 2025, during the initial phase of Trump’s tariffs,” CoinShares head of…

Lido’s decentralized autonomous organization is considering a one-off $20 million buyback of its governance token to address so-called price dislocation, which is at “historically depressed levels” relative to Ether, according to the DAO. The proposal, submitted Friday, seeks permission to swap 10,000 Lido Staked Ether (stETH) tokens, currently worth $20 million from the DAO’s treasury for Lido DAO (LDO), arguing that LDO is undervalued.“This is not a routine fluctuation. It represents one of the most significant dislocations between LDO’s market price and its underlying protocol fundamentals in the token’s history.”A token buyback of this size could influence the price of the…

A trader pulled off a nearly 100x return on decentralized betting platform Polymarket in less than a minute, thanks to a blunder by a UFC announcer.In Sunday’s UFC heavyweight bout, Tyrell Fortune beat Marcin Tybura to secure his first UFC victory. But the event was not without drama. Cage announcer Bruce Buffer initially read the result in favor of Tybura, a result that stood for less than a minute before Buffer corrected the mistake.LlamaEnjoyer, a Polymarket trader, also known as Verrissimus on X, capitalized on the error, turning roughly $676 into $67,000. When Tybura was named victor, his shares spiked…

BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…

Standard Chartered’s Global Head of Digital Assets Research Geoffrey Kendrick said Ethereum could climb to $40,000 by 2030 and outperform Bitcoin along the way, arguing that the next wave of tokenization, stablecoin growth, and institutional blockchain buildout is likely to land first on Ethereum. Speaking in a Milk Road interview with John Gillen, Kendrick tied his ETH thesis directly to how traditional finance is approaching on-chain infrastructure. His argument was not that Ethereum wins because of narrative momentum, but because it looks like the safest place for banks, asset managers, and large institutions to start building. Why Ethereum Could Outperform…