Ohio introduces bill preventing state taxes on crypto payments
The legislation also requires state pension funds to evaluate investing in crypto exchange-traded funds, and…
Crypto influencer Anthony Pompliano’s fintech-focused blank-check company, ProCap Acquisition Corp (PCAPU), rose 7% on its debut Nasdaq listing after a last-minute upsizing of its initial public offering. ProCap had boosted its IPO from $200 million to $220 million on May 20, a day before its public launch, pricing its 22 million shares on offer at…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Popular dog-themed meme coin, Dogecoinmay have witnessed a bearish performance in the last few days, but this waning price action could benefit its price dynamics. Technical developments show that the current pullback is a signal of an impending major rally in DOGE’s…
Australia’s financial regulator will seek the High Court’s permission to appeal a lower court’s ruling favoring fintech firm Block Earner, which found the company’s crypto-linked fixed-yield earning service is not a financial product. The Australian Securities and Investment Commission said on May 21 that it wants to ask the High Court of Australia to clarify…
VanEck plans to launch a private digital assets fund in June targeting tokenized Web3 projects built on the Avalanche blockchain network, the asset manager said in a statement shared with Cointelegraph. The VanEck PurposeBuilt Fund, available only to accredited investors, aims to invest in liquid tokens and venture-backed projects across Web3 sectors, including gaming, financial…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is on the verge of entering uncharted territory after briefly tagging the $108,000 level earlier today. The flagship cryptocurrency has surged more than 40% since early April, fueled by rising market optimism and institutional demand. However, price is showing hesitation near…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On Wednesday, the market’s leading cryptocurrency, Bitcoin (BTC), surged by more than 3% to a new all-time high (ATH), fueled by the market’s strong buying pressure experienced over the last month. According to Coin Metrics datathe Bitcoin price climbed beyond the $109,000…
VanEck plans to launch a private digital assets fund in June targeting tokenized Web3 projects built on the Avalanche blockchain network, the asset manager said in a statement shared with Cointelegraph. The VanEck PurposeBuilt Fund, available only to accredited investors, aims to invest in liquid tokens and venture-backed projects across Web3 sectors, including gaming, financial…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto analyst Rose has highlighted a bullish pattern for the Dogecoin price, which puts the DOGE bulls firmly in control. Based on this, the analyst predicts that the meme coin could at some point blast past its current local high at around…
Wells Fargo upgraded RxSight Inc. (NASDAQ:RXST) from Equal Weight to Overweight on Monday, while raising its price target from $17 to $25 due to an attractive valuation at the current stock price. Wells Fargo believes that the market is undervaluing RxSight’s differentiated light-adjustable lens/LAL technology and its potential for incremental market growth. A close up…
According to Bloomberg analyst Eric Balchunas, VolatilityShares is on track to launch an XRP-based exchange-traded product in the US on Thursday. As reported by U.Today, a 2X XRP exchange-traded fund (ETF) from Teucrium debuted last month. The product secured a very respectable trading volume of roughly $5 million on its first day. Balchunas has noted that the…