Bitcoin Spikes After ETF Court Ruling | ZeroHedge

With Bitcoin languishing back at pre-ETF excitement levels – despite hashrates reaching record highs – the news this morning has re-awakened those animal spirits in crypto.

The U.S. Court of Appeals for the DC Circuit issued its opinion in Grayscale v. SEC this morning, ruling that the agency was unreasonable to deny the crypto giant permission to launch a Bitcoin ETF.

The win by Grayscale on Tuesday comes after the firm sued the SEC in June 2022 – when the US securities (more…)

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Switzerland’s Legacy Of Financial Freedom Makes It The Best Place For Bitcoin To Thrive | ZeroHedge

Authored by Julian Liniger via BitcoinMagazine.,com,

Switzerland values many of the core properties of Bitcoin and now the two are poised to create the future of financial sovereignty (more…)

Continue ReadingSwitzerland’s Legacy Of Financial Freedom Makes It The Best Place For Bitcoin To Thrive | ZeroHedge

Digital Asset Sales To Come Under Increased IRS-Treasury Scrutiny | ZeroHedge

Authored by Naveen Athrappully via The Epoch Times (emphasis ours),

The U.S. Treasury and the IRS have proposed new reporting requirements for digital asset brokers like cryptocurrencies and NFTs in an attempt to “crack down on tax cheats” and help citizens assess tax dues arising from such asset transactions.

Department of Treasury building in Washington on April 10, 2023. (Madalina Vasiliu/The Epoch Times)

Regulations “would require brokers of digital assets to report (more…)

Continue ReadingDigital Asset Sales To Come Under Increased IRS-Treasury Scrutiny | ZeroHedge