Fails

Crypto language in infrastructure bill 'fails to understand how the technology works'

Crypto language in infrastructure bill ‘fails to understand how the technology works’

A senior Democratic Senator took to Twitter on Sunday to criticize draft language related to crypto tax reporting requirements in a still-in-the-making infrastructure package. The bill has yet to be introduced, though negotiators involved with the ongoing process told CNN that they expect the legislation to be made formally public later Sunday. The bill, according …

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Market Wrap: Bitcoin Fails to Reach $16.5K; Wrapped BTC Hits $2 Billion

Market Wrap: Bitcoin Fails to Reach $16.5K; Wrapped BTC Hits $2 Billion

Analysts are bullish on bitcoin’s price but the options market is decidedly bearish on the remaining weeks of 2020. Ethereum’s wrapped bitcoin token crosses $2 billion locked. Bitcoin (BTC) trading around $16,240 as of 21:00 UTC (4 p.m. ET). Gaining 0.30% over the previous 24 hours. Bitcoin’s 24-hour range: $15,971-$16,487 BTC above its 10-day and …

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