Coindesk

The crypto industry is waiting for President Donald Trump to issue an executive order that will steer the federal government toward a new, more welcoming era for digital assets oversight. That'll be good for Trump's own business, and that's one of the reasons Democrats in the House of Representatives are already shouting about ethical lapses in the administration.A Trump executive order on crypto stands to increase the value of at least two components of Trump's family business: crypto venture World Liberty Financial and the eponymous token (TRUMP) launched right before he returned to the White House. Gerry Connolly, the top Democrat on the House Oversight Committee, requested an investigation of the president's business relationships in a letter sent to the...

Grant Cardone is the founder and CEO of Cardone Capital, a firm that manages about $5 billion in real estate. And he just introduced a new fund that invests property-generated cash flow into bitcoin (BTC).“Nobody else has ever done this to scale. Nobody's ever done this particular model,” Cardone told CoinDesk in an interview. “And the response from our investors is phenomenal.”“There’s a buddy of mine who’s known me for 15 years. He's never invested a penny with me. He's also never bought any bitcoin. He told me bitcoin was too risky, and the real estate was too slow. When I showed him the fund, he put $15 million in the deal,” Cardone said.How does it work?For his pilot project,...

It’s Thursday, Jan. 16 and sports betting influencer Liam (@bets_liam) has just reviewed the latest “NFL Divisional Round Bets” from The Favorites Podcast, an NFL sports betting show with 70,000+ subscribers.Liam takes to X and tweets his reactions:The twist? He’s an AI agent powered by Memetica.ai, a no code AI agent consumer platform built by the team at Qstar Labs.You're reading Crypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor. Sign up here to get it in your inbox every Wednesday.AI agents are materially different from chatbots and ChatGPT. Agents use large language models as a foundation but add new information like real time data, news, and specialized knowledge. They can also bring...

The election of Donald Trump promises a new era for digital assets characterized by greater regulatory certainty and a surge in market activity. The question now is whether this shift is sustainable, or a temporary reaction to the political climate.According to CCData’s latest Exchange Review report, aggregated spot and derivatives volumes, the most common measure evaluated for market participation, recorded a new yearly high in 2024, greatly exceeding the previous record set in 2021 ($75 trillion vs $64 trillion). With the election driving market activity and speculation, November and December were both record-breaking months for volumes, with $10.51 trillion and $11.31 trillion in monthly volumes, respectively. For context, the 2024 average (the biggest year on record) was roughly $6.4 trillion.Concurrently,...

Tax. The word may make you cringe, but it's also one you probably don’t want to ignore.Bitcoin (BTC) hit $100,000 for the first time in December 2024, and while you’ve probably had your fair share of “I told you so” moments with the crypto skeptics over the holidays, now is the time to make sure you’re clued in on the tax side of things if you’re planning to cash in on profits.It’s not just about keeping track of your own jurisdiction; you should stay aware of global rules as well, as your jurisdiction may adopt them in the future.Long-term Bitcoin holders are profiting — and the taxman is watchingWith the average long-term Bitcoin holder having paid around $24,543 for their...