A bipartisan group of U.S. lawmakers is convening a closed-door session to push crypto tax reform forward, with new legislation on the table that could reshape how digital asset holders pay taxes on staking, trading, and everyday payments. PARITY Act Would Defer Staking Taxes The House Ways and Means Committee is set to hold a […]
The post CleanSpark stock slides 9% as quarterly earnings miss estimates on bitcoin holdings loss appeared on BitcoinEthereumNews.com.
CleanSpark (CLSK) stock fell over 9.4% in pre-market trading on Tuesday after the U.S. bitcoin BTC$80,570.00 mining company reported a widening net loss of $378.3 million for its second fiscal quarter, hit by a significant non-cash adjustment to its digital asset holdings. The company reported a net loss of $378.3 million for the quarter ending on March 31, a steep increase from the $138.8 million loss reported the same period last year. The loss of $1.52 per share was more than triple the analyst estimate on EPS of a 41 cents’ loss. The firm’s bottom-hit was mainly driven by a $224.1 million non-cash bitcoin fair value loss, reflecting market volatility. Quarterly revenue reached $136.4 million, down 25% from $181.7 million year-over-year, the report revealed, missing estimates of $154.3 million. Despite the dip, CleanSpark expanded its infrastructure,
The UAE's crypto integration for government fees could boost digital asset adoption, but reliance on few intermediaries poses systemic risks.
The post UAE government approves crypto for fee payments, taps Crypto.com as first licensed platform appeared first on Crypto Briefing.
The funding highlights the increasing institutional focus on robust compliance systems, crucial for the evolving digital asset landscape.
The post Elliptic lands $120 million funding round backed by JPMorgan, Deutsche Bank, and Nasdaq appeared first on Crypto Briefing.
Warsh's potential Fed leadership could redefine digital asset integration, impacting monetary policy and crypto market dynamics significantly.
The post Kevin Warsh poised for Senate confirmation vote to lead Federal Reserve appeared first on Crypto Briefing.
Major financial institutions are expanding crypto services across regulated finance, with Bitwise data showing 24 firms active in trading, custody, funds, payments, tokenization, or exchange-traded products. The activity points to wider use of regulated crypto access. Banks Move Crypto Deeper Into Regulated Finance Wall Street’s crypto footprint is expanding across the financial system. Asset management […]
Ripple's financing deal with Neuberger Berman highlights growing institutional confidence in crypto, potentially boosting digital asset integration.
The post Ripple secures $200M financing facility from Neuberger Berman to expand Ripple Prime appeared first on Crypto Briefing.
SUI jumped about 31% after Nasdaq‑listed SUI Group moved 108.7m SUI into staking, tightening a float that’s already ~74% locked and sending open interest above $620m. SUI (SUI) ripped higher by about 31% over the last 24 hours to trade…
Four specific paths to earn gold-backed DeFi yield in 2026, covering production-linked staking, fee-share models, AMM liquidity, and collateral strategies.
