Expect Changes in Rewards and Fees at Crypto Exchanges as Strategies Shift
As major crypto exchanges evolve into all-things-financial-services platforms, they’re investing more in new products to grow and diversify, while increasing trading revenues has become challenging. As the bear market persisted during the second quarter of this year, three of the largest listed crypto exchanges — Coinbase, Bullish, and Gemini — recorded a drop in trading […] Powered by...
Druckenmiller Bets $88m on Bitdeer and Hyperliquid Strategies
The legendary investor moved into the digital assets ecosystem, disclosing investments in Bitdeer, a publicly traded bitcoin mining and data center operator, and in Hyperliquid, a decentralized trading platform. Druckenmiller’s Puts Over $80 Million Behind Digital Assets Stock Picks Stanley Druckenmiller, the legendary investor behind Duquesne Family Office, is warming up to the digital assets […] Powered by...
UK Tax Agency Sends 81,000 Crypto Tax Letters as Scrutiny Rises
HM Revenue and Customs (HMRC) sent 81,000 warning letters to cryptocurrency investors over suspected unpaid taxes, while expanded international reporting could give the UK tax agency substantially greater visibility into offshore transactions beginning in 2027. HMRC Crypto Tax Letters Increase 25% The United Kingdom’s tax agency has intensified scrutiny of cryptocurrency investors, sending 81,000 warning […] Powered by...
Two Binance Workers Held at UAE Airports Amid Fraud Inquiries
Police in the United Arab Emirates detained two Binance employees at airports and questioned a third, as part of a fraud inquiry into funds moving through the exchange. All three have been released, and Binance says none of them were targets. Employees Held After Airport Stops, Then Released Emirati police pulled two Binance employees aside […] Powered by...
Analysts See Strong Bitcoin Rally, But Profit-Taking Risk Remains
Bitcoin’s climb to multi-month highs ran on spot buying, not borrowed money, giving the rally a longer runway than a typical squeeze, Bitfinex analysts say. The coins now in profit could still trigger 2026’s largest wave of profit-taking. Why Bitfinex Sees a Longer Runway Than a Squeeze Bitcoin’s climb to a multi-month high has left […] Powered by...
