Crypto laments loss of key ally on Capitol Hill after Lummis announces retirement

Crypto laments loss of key ally on Capitol Hill after Lummis announces retirement

Senator Cynthia Lummis (R-WY) listens during a panel titled ”Make the Greatest Economy in the World Work for All Americans” at the America First Policy Institute America First Agenda Summit in Washington, July 26, 2022. Sarah Silbiger | Reuters The cryptocurrency industry is mourning the loss of its fiercest advocate on Capitol Hill after Sen. … Read more

South Korea auto stocks rise after U.S. Commerce Secretary confirms tariffs lowered to 15%

South Korea auto stocks rise after U.S. Commerce Secretary confirms tariffs lowered to 15%

Overlooking the city with Busan Tower in Yongdusan Park. Nampo-dong, Busan, South Korea. Jungang Yan | Moment | Getty Images Shares of South Korean auto companies rose Tuesday after U.S. Secretary of Commerce Howard Lutnick confirmed that lower U.S. auto tariffs of 15% on South Korea would retrospectively come into effect, starting Nov. 1. “We … Read more

Wall Street is hoping December brings enough seasonal strength to end 2025 on a high note

Wall Street is hoping December brings enough seasonal strength to end 2025 on a high note

Wall Street is hoping that December continues its historical track record of proving one of the year’s seasonally strongest months of the year, sparking a stock market turnaround just in time for a year-end rally. Stocks are on pace to close out an uneven month. Although November, like December, is also usually strong, a pullback … Read more

IRS crackdown on popular crypto ‘tax cheat’ begins with 2025 filing year

IRS crackdown on popular crypto ‘tax cheat’ begins with 2025 filing year

With year-end approaching, it’s a good time to make sure your tax house is in order. It’s especially important for crypto investors, given a new IRS brokerage reporting requirement covering transactions after Jan. 1, 2025. The IRS generally treats crypto like property, similar to stocks or real estate, so selling crypto can trigger a capital … Read more

Bitcoin falls below $95,000 amid tech sell-off, bounces off lows on Friday

Bitcoin falls below ,000 amid tech sell-off, bounces off lows on Friday

Representation of Bitcoin cryptocurrency in this illustration taken Sept. 10, 2025. Dado Ruvic | Reuters Bitcoin dipped below $95,000 on Friday, pushing the world’s oldest cryptocurrency further into the red and continuing its four-day decline amid a broader artificial intelligence-linked stock pullback. The digital asset hit $94,491.22 early Friday, marking its lowest level since May … Read more

Despite Coinbase departure, only 28 companies have left Delaware this year

Despite Coinbase departure, only 28 companies have left Delaware this year

CEO of cryptocurrency platform Coinbase Brian Armstrong attends a reception at Buckingham Palace, in central London, on November 27, 2023 to mark the conclusion of the Global Investment Summit (GIS). (Photo by Daniel LEAL / POOL / AFP) (Photo by DANIEL LEAL/POOL/AFP via Getty Images) Daniel Leal | Afp | Getty Images Elon Musk has … Read more