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The outcome of SBF’s prosecution could determine how the IRS treats your FTX losses

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Will your losses to FTX be classified as capital losses or as a “theft loss” that involved a Ponzi scheme? Either way, you’ll probably win.

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Coin Market

Hyperliquid’s $10B open interest coincides with growth in equity-linked markets: Talos

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Hyperliquid’s $10 billion open interest milestone shows growing demand for onchain equities and commodities trading with 24/7 accessibility, according to Talos.

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Coin Market

Bitcoin trader warns of ‘bearish reaction’ to FOMC with $64K now essential

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Bitcoin approached important near-term support on new Fed chair Kevin Warsh’s first FOMC day with a $55,000 BTC price target still on the table.

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Coin Market

BitGo courts crypto firms awaiting MiCA approval amid Binance licensing concerns

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BitGo launches a MiCA-compliant crypto infrastructure platform in Europe as exchanges face pressure to meet July 1 licensing rules across the EU.

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