Bitcoin back above US$28,000 as U.S. Treasury eases bank worries

Bitcoin bounced back above US$28,000 on Friday morning in Asia amid a rebound in all top 10 non-stablecoin cryptocurrencies and gains in equities overnight. The market shrugged off the latest warnings from U.S. regulators to crypto platforms. Litecoin led the ...

IRS solicits public opinion in U.S. on proposed NFT taxes

The Internal Revenue Service (IRS), an agency under the U.S. Department of the Treasury that handles tax collection, intends to tax non-fungilble tokens (NFTs) as collectibles and is soliciting public opinions on the proposal, according to a government news release ...

Bitcoins in front of a chart

Bitcoin, crypto gain amid global fund injections for banks

Bitcoin rose in Friday morning trading in Asia to near the US$25,000 mark. Ether and the rest of the top 10 non-stablecoin cryptocurrencies also gained as global equity markets stabilized following moves by authorities in the U.S. and Europe to ...