Analysis
A Long-Awaited Crypto Tax Rule Was Written Months Ago. Why Isn’t it Proposed?
Senators have told the IRS to hurry its regulations on brokers reporting crypto transactions while crypto lobbyists question whether the delay is a White House strategy.

Bitcoin Little Changed This Week as Broader Crypto Gauge Sheds 1.6%
The theme of relatively flat prices continued as July turned to August.

Hong Kong's New Crypto License Could Cost Exchanges a Pretty Penny
The city’s new licensing regime paves the way for exchanges to operate legally and serve retail clients but tough compliance requirements could cost firms as much as $20 million, industry insiders say.

Bitcoin Remains Unmoved by Rise in Jobless Claims, Treasury Rates
Treasury yields hit 10-year highs, sounding a note of potential caution for risk markets, cryptocurrencies, but bitcoin continued to be unstirred by macro events.

Namibia Sets the Stage for National Crypto Strategy With New Law
The Virtual Assets Act is just a “skeleton” of what a crypto regime could look like, but it sets the foundation for more laws and regulations, lawyers say.

Bitcoin Sees Little Boost From Fitch Downgrade, Slumps on Binance Contagion
Correlations between movements in the crypto and stocks have turned negative of late.

Bitcoin Looking Oversold, but Any Bounce Could Be Disappointing
Any macro catalysts for bitcoin may have to wait until after Labor Day.

Don’t Pop the Champagne on U.S. Crypto Bills – Progress in Congress Has Been Costly
Though the industry legislation has reached unprecedented heights, the wins may be too messy to open a path to the finish line this year.

Bitcoin and Ether Trade Quietly, but Lesser Known Names Boast Strong Performance This Week
Origin Protocol and Kyber Network lead the way among altcoin gainers.


