The firm’s revenue increased by 25.25% to $497.2 million in the first nine months of 2022. According to a new filing with the U.S. Securities and Exchange Commission on Dec. 1, crypto ATM operator Bitcoin Depot said it “remains on track to complete its previously announced business combination with GSR II Meteora Acquisition Corp.” The...Continue Reading

The 26% capital gains tax will be imposed on cryptocurrency trading profits larger than 2000 euros ($2,062.3). Italy is planning to tighten regulations on digital currencies by expanding its tax laws to include cryptocurrency trading in 2023, according to budget documentation released on Dec. 1. Included in its 2023 budget are plans to impose a 26%...Continue Reading

Here is why Bitcoin bears stand to profit from this week’s $430 million BTC options expiry. Bitcoin (BTC) has been stuck below the $18,600 resistance for the past 19 days and while bears successfully breached the $16,000 support on Nov. 21, the 8% range is pretty narrow for an asset class with 60% annualized volatility....Continue Reading

“The customer property at LedgerX — the CFTC regulated entity — has remained exactly where it should be, segregated and secure,” said Rostin Behnam in a hearing on FTX’s failures. Commodity Futures Trading Commission, or CFTC, chair Rostin Behnam has cited LedgerX, the crypto derivatives and clearing platform based in the United States which was...Continue Reading

The platform said Apple wanted Coinbase Wallet to disable NFT transactions, introducing “new policies to protect their profits at the expense of consumer investment in NFTs.” The self-custody crypto wallet from Coinbase said users can no longer send nonfungible tokens, or NFTs, due to interference from Apple. In a Dec. 1 Twitter thread, Coinbase Wallet...Continue Reading

The Solana-based automated market maker Orca opened up fiat purchases and fiat-to-crypto transactions through a new integration with Stripe’s onramp. As the Solana ecosystem comes back from the aftershocks of the FTX liquidity earthquake, one of its leading automated market makers (AMM), Orca, announced a new integration. The AMM revealed a new Stripe integration which...Continue Reading

Join us as we discuss the current state of the crypto market and whether there could actually be a silver lining to capitulation. Hosting the show will be Ray Salmond, head of markets at Cointelegraph, and our special guest this week is Magdalena Gronowska. On this week’s episode of Market Talks, Cointelegraph welcomes Magdalena Gronowska, co-founder...Continue Reading

What is a sports fans dream come true? To be the announcer at an AC Milan home game, in front of 75,000 roaring Rossoneri fans? To play a football match on the hallowed turf of your beloved FC Barcelona? To tour the garage of an F1 team pre-race, then watch the Monza Grand Prix from...Continue Reading

GMX’s technical indicator hints at a strong correction in December, which may push its price toward $40. The price of GMX rallied to its second-highest level in history on Dec. 1 as traders assessed the decentralized exchange’s ability to evolve as a serious competitor to its top rival Uniswap (UNI). GMX established an intraday high...Continue Reading

Financial services organizations can use tokenization to solve several friction points and have better risk management in place. Tokenization is the process of converting something with tangible or intangible value into digital tokens. Tangible assets like real estate, stocks or art can be tokenized. In a similar vein, intangible assets like voting rights and loyalty...Continue Reading