Bitcoin

Cryptocurrency investors would have little time to plan against possible tax increases under legislation advancing in Congress.

The regulator asked Direxion to pull its own application the same day it was filed.

Markets have matured enough to allow investors to hold a true crypto ETF.

In a conversation with Onramp Invest CEO Tyrone Ross at the Bitcoin for Advisors conference, Kitces explains his skepticism towards the asset class.

Whether it’s ultimately done by executive order or other means, the White House aims to take a unified approach to digital assets.

The goal of Flourish Crypto is to help advisors treat digital currencies like any other asset class.

Matthew Hougan, chief investment officer of Bitwise Asset Management, said investing in cryptocurrencies is like “investing in the internet in the late 1990s.”

The firm cited investor appetite for virtual currencies, the growth of Bitcoin holders and the existence of similar funds abroad as reasons to approve the product.

The brokerage will allow customers to buy and sell Bitcoin, Ethereum, Litecoin and Bitcoin Cash.

The bipartisan infrastructure bill includes requirements for brokers to report their customers’ cryptocurrency gains to the Internal Revenue Service, but exactly what constitutes a broker is stirring controversy.