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CoinShares Launches Hedge Fund Division in the US

CoinShares, the European crypto asset manager, has announced the launch of its hedge fund division in the United States, despite regulatory challenges. CoinShares aims to cater to the increasing demand for crypto asset-based products in the US market. CoinShares, the European crypto asset manager, has...

Postponement of the “Coinbase” case in the Supreme Court following a class-action lawsuit

The digital currency exchange platform "Coinbase" has been granted a postponement by the Supreme Court in the United States in a class-action lawsuit filed against it. The court, with a majority of 5-4, decided to allow Coinbase to continue its attempt to compel arbitration...

Economist Peter Schiff warns of the United States defaulting on its debt

American economist Peter Schiff warns that the United States may default on its debt in the near future, in light of the current debt ceiling issue. Schiff emphasizes that raising the debt ceiling will only exacerbate the overall economic problems in the United States...

Gemini to Open a Crypto Derivatives Platform Outside the US

Gemini, a digital currency exchange platform, has announced plans to launch a platform for trading crypto derivatives outside of the United States. This platform will provide users with the opportunity to trade digital currencies and profit from investing in this field. Launching a platform for...

Space Mining for Bitcoin: Can the US Space Force Make It Happen?

According to a recent MIT master's thesis by a student majoring in the United States Space Force, bitcoin is not simply a kind of online cash; it is also a weapon the Pentagon can use in contemporary conflict as it mines Bitcoin. Major Jason Lowery...

30% electricity tax for US cryptocurrency miner

The US government is proposing a tax of up to 30% on electricity costs used by cryptocurrency prospectors in an effort to reduce digital mining activity. This tax is applied to companies that use owned or leased (electricity) resources. The tax will be applied...