Tag: finance

Reservoir's NFT Exit: A $14M Miscalculation or Strategic Masterstroke?

Reservoir's NFT Exit: A $14M Miscalculation or Strategic Masterstroke?

The crypto world moves fast. Blink, and you miss a transformative revolution… or an extraordinary collapse. Reservoir's decision to shutter its NFT API services just two months after a $14 million Series A round has left many scratching their heads. Is this a sharp strike in the direction of a...

DeFi Wins! Congress Axes IRS Crypto Reporting Rules (Finally!)

DeFi Wins! Congress Axes IRS Crypto Reporting Rules (Finally!)

On April 10, 2025, President Trump signed legislation that caused many crypto market participants to panic. The bill would have, in practice, nullified the new digital asset reporting obligations for decentralized finance (DeFi) brokers. Such obligations had previously been established under Section 80603 of the Infrastructure Investment and Jobs Act...

Theo's $20M Gambit: DeFi's Savior or Another Wall Street Trojan Horse?

Theo's $20M Gambit: DeFi's Savior or Another Wall Street Trojan Horse?

Twenty million dollars. That's a lot of money. Theo touched on the importance of democratizing access to institutional-grade trading strategies. This important turn of events works to our advantage, the little retail crypto investor. But before we get too excited about a possible leveling of the playing field, let’s pump...

Theo's $20M Raise: Is Retail Crypto Finally Getting a Fair Shot?

Theo's $20M Raise: Is Retail Crypto Finally Getting a Fair Shot?

$20 million. That’s the amount Theo just won his way onto, supposedly, to democratize crypto investing. Are we really making it a fair race? Or are we just building a somewhat fancier, more elaborate, more decorated staircase to the same tired casino at the bottom?Theo's promise is seductive: institutional-grade trading...

NY State Embraces Crypto: Pay Taxes & Fees with Bitcoin?

NY State Embraces Crypto: Pay Taxes & Fees with Bitcoin?

Meanwhile, New York is considering a radical overhaul in the way people pay for state stuff. The proposal before the state now. This proposal would enable you to transact in cryptos such as Bitcoin for payment of taxes, fines, and even your child’s tuition to a state university. This last...

NY's Crypto Bill: A Data-Driven Look at the Real Risks

NY's Crypto Bill: A Data-Driven Look at the Real Risks

Let's cut the chase. New York’s thinking of allowing you to pay your taxes and rent, even those annoying parking tickets, in crypto. Assemblyman Vanel, bless his heart, believes New York should jump into the future. Before we all rush to start accepting Bitcoin, let’s pump the brakes and examine...

Crypto Tax Time Bomb: Why the IRS is Failing Millions

Crypto Tax Time Bomb: Why the IRS is Failing Millions

Are you ready for a financial shock? Because if you've dabbled in crypto, a tax reckoning unlike anything you've seen before is barreling toward you faster than a Bitcoin bull run. And the worst part? The very institutions that you were told would protect you, such as the IRS and...

DraftKings' $10M NFT Settlement A Harbinger of Crypto Regulation?

DraftKings' $10M NFT Settlement A Harbinger of Crypto Regulation?

The DraftKings settlement. $10 million. Reignmakers NFTs. These words may seem like something out of a tech-y, Silicon Valley corner of the internet, but get prepped to be surprised. This is not only the death knell for digital sports cards, but a clear, flashing red light for the entire crypto...

5 Reasons Trump's Trade War Could Actually Save the Dollar

5 Reasons Trump's Trade War Could Actually Save the Dollar

The sky isn't falling. While the media paints a grim picture of Trump's trade war decimating the dollar, I see a different story unfolding – one where these policies, however controversial, could ultimately strengthen the greenback. Hear me out.Reshoring Could Revitalize Dollar DemandEveryone hones in on the short-term effects of...

Greenledgers Trading Center Enters DeFi and NFT Markets

Greenledgers Trading Center Enters DeFi and NFT Markets

Powering this DeFi expansion and NFT trading capabilities are the sustainable blockchain technologies provided by Greenledgers Trading Center. This worldwide, premier digital asset trading platform, founded in New York, NY. The announcement, made through a press release on GLOBE NEWSWIRE, represents the largest expansion of the platform’s services yet. Greenledgers...