trades

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09 May 23

Bitcoin trades at a $600 premium on Binance.US exchange

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Days after Binance Global, the world’s largest cryptocurrency exchange by client count, briefly suspended bitcoin (BTC) withdrawals, statistics show that its US arm, Binance.US, sold the coin at a premium on May 9. Bitcoin Price on Binance.US | Source: Binance.Us The bitcoin […]

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09 Mar 23

Biden Budget Plan proposes taxes to reduce crypto wash trades

U.S. President Joe Biden’s proposed budget will be released on March 9, including a stipulation for tax loss loopholes on crypto transactions. The budget blueprint will include a provision to reduce wash sales. Currently, crypto investors can trade any cryptocurrency at a loss, claim the losses on taxes, and buy the same token at the […]

21 Jan 23

Crypto will become a vital part of UAE trades, says minister

Thani Al-Zeyoudi, the United Arab Emirate minister of state for foreign trade, while speaking to Bloomberg at the world economic forum summit, hinted at the country’s plans to make crypto a critical part of its economic development. However, he noted that the UAE would subsequently come up with proper regulations to guide the use of crypto. The […]