This week, Yahoo Finance broke down the latest cryptocurrency news, including what the 2024 presidential election could mean for the future of cryptocurrency regulation.
(00:23) Andrew Gordon, Partner at Gordon Law, joined Yahoo Finance to advise investors on the best tax strategies for their cryptocurrency investments and discuss what makes cryptocurrency taxes unique compared to stocks or securities. He also shared his thoughts on what a future Trump or Harris presidency could mean for cryptocurrency regulation.
(04:22) The price of Bitcoin (BTC-USD) fell below $60,000 over the weekend. Yahoo Finance’s Markets and Data Editor Jared Blikre analyzed the cryptocurrency’s volatility timeline.
(06:13) Yahoo Finance’s Josh Schafer and Julie Hyman provided an overview of bitcoin miner Marathon Digital’s (MARA) proposal to sell convertible debt.
(07:51) On Thursday, August 8, key cryptocurrency industry executives met with the White House to discuss regulation in the sector. Yahoo Finance’s David Hollerith and Ben Werschkul analyzed the call and explored how a potential Kamala Harris presidency would approach cryptocurrency regulation.
(11:02) Robinhood (HOOD) announced that its cryptocurrency revenue increased 161% year over year. CEO Vlad Tenev joined Yahoo Finance to share his thoughts on how crypto and AI will change the world of investing.
For more expert insights and the latest market action, click here.
This article was written by Meredith Lawrence.
