News

The Internal Revenue Service (IRS) has recently proposed a new tax reporting rule that has raised concerns within the decentralized finance (DeFi) and cryptocurrency communities. This rule, known as the "broker rule," has been criticized for its potential negative impacts on non-custodial and open platforms.

The birth of Artificial Intelligence (AI) can be traced back to the Dartmouth Workshop in 1956, where the concept of creating intelligent machines was first discussed. Over the years, AI has evolved, and in 2010, deep learning, a subset of machine learning, gained prominence. Deep learning has attracted significant attention from investors due to its ability to analyze large amounts of data, identify complex patterns, and make data-driven predictions quickly.

CME, the Chicago Mercantile Exchange, has emerged as the top futures and perpetual futures exchange, according to CoinGlass data. With an open interest (OI) of approximately $4.07 billion, CME holds a market share of 24.7%. On the other hand, Binance, a popular cryptocurrency exchange, experienced a decrease in OI, standing at $3.8 billion, down 7.8% in the past 24 hours.

Gas prices on the Ethereum network reached a peak of 270 gwei on Thursday, the highest level since June 2022. As a result, the cost of trading swaps surged to between $60 and $100 for a few hours.

A widely followed analyst is optimistic about the future of Dogecoin (DOGE), the largest memecoin by market cap, as the crypto markets continue to grow.

A trader known for making accurate calls predicts that Polygon (MATIC) has the potential to experience significant growth during the next bull market cycle.

A widely followed crypto trader predicts that Bitcoin (BTC) could potentially experience significant growth in the remaining weeks of 2023. Pseudonymous analyst Dave the Wave suggests that it is not out of the realm of possibility for Bitcoin to rally to its record high of slightly over $69,000, which would represent an 87% increase from its current level.

G7 competition authorities and policymakers are utilizing their enhanced skillsets to monitor and anticipate potential threats to market competition. By scanning the horizon for early warning signs of conduct or market factors that could disrupt the balance of competition, they aim to maintain market contestability.

When it comes to the pricing of an ETF, market expectations play a crucial role. In the case of a new ETF that is yet to be approved, the pricing may not be fully reflected in the market. This is because potential buyers of the ETF may not be aware of its impending launch or may not expect it to be approved in the near future.

In recent years, brands have faced consumer backlash for attempting to extract more value from their customers in exchange for access to perks. This has led to a shift in mindset, with the focus now on rewarding the best customers and making them feel special. But how can brands go beyond traditional methods of reward and create systems that incentivize a variety of actions?

On December 2-3, 2023, Veloce Racing will compete in the Antofagasta Minerals Copper X Prix in Chile, showcasing a special one-off VEXT chrome livery. This design was chosen by the VEXT community, who were given the opportunity to vote between three unique designs. The winning chrome design will be applied to Veloce Racing's ODYSSEY 21 car, accompanied by a VEXT-inspired purple team kit.

Camomile Shumba is a regulatory reporter based in the UK. She has previously worked as an intern for Business Insider and Bloomberg News. Camomile does not currently hold any digital currencies or projects.

Market makers play a crucial role in filling buy and sell orders in trading. They have the ability to fill the limit order and decide whether to return the additional slippage amount or keep the difference.

A widely followed crypto strategist believes that Dogecoin (DOGE) is preparing for a significant upward movement. The pseudonymous analyst, Kaleo, predicts that DOGE will follow the footsteps of other altcoins that have recently experienced substantial gains.

A top crypto analytics firm, Santiment, has reported that wealthy investors, known as whales, are accumulating a significant amount of a popular Ethereum-based token. Over the past three months, these affluent buyers have been stacking up tokens of the decentralized oracle protocol Tellor (TRB), resulting in a surge in its value.

Consensus 2024 is CoinDesk's highly anticipated annual event that serves as a gathering for all aspects of the crypto, blockchain, and Web3 communities. This event has a long-standing reputation for being the most influential in the industry. It brings together experts, enthusiasts, and innovators from around the world to discuss and explore the latest trends, developments, and opportunities in the crypto space.