This Week in Crypto: 08/29–09/03
tax reporting requirements on the cryptocurrency industry has generated a wave of lobbying.
Published in
4 min readAug 30, 2021
Bitcoin
The heavy selling in the U.S. dollar market at the end of last week assisted Bitcoin (BTC) to climb above $49,000. However, BTC struggled to extend its climb above $50,000, a psychological resistance level, as investors remained cautious about the Federal Reserve’s taper timing.
Massive Anti Bitcoin Protests Fill The Streets of El Salvador
Ethereum
Regulation
Tax reporting proposal creates a defining moment for the crypto industry
