Bitcoin Twitter flips bearish, community responds
6.1.2022
Prices of $42,000 per Bitcoin were more than enough ammunition for well-known Bitcoin bears to reload
Bitcoin, Ethereum, and Altcoins Extend Decline
6.1.2022
Bitcoin price failed to recover and extended decline below USD 45,000. BTC even broke the USD 44,000 and USD 43,500 levels. It is currently (12:26 PM UTC) down 7% and is trading near USD 42,800.
Similarly, most major altcoins declined heavily. ETH traded below the USD 3,550 and USD 3,400...
WazirX and Other Crypto Exchanges Under I-T and ED Scanners
6.1.2022
Cryptocurrency is largely unregulated. When it comes to the Indian market, then the country is a part of the side that is yet to regulate the digital currency and its exchange platforms. This has been mistaken or rather used as an excuse to miss out on paying GST and other applicable taxes. Even...
Crypto trades in Thailand now reportedly subject to 15% capital gains tax
6.1.2022
While Thai crypto investors and miners are required to pay the tax in 2022, exchanges are reportedly exempt from the new duty
Illicit Activity’s Share in Crypto Shrinks, 'Significant Problem' Remains
6.1.2022
The growth of legitimate crypto usage is far higher than that of illicit usage, according to blockchain analysis company Chainalysis. However, illicit activity is still “a significant problem.”
“Transactions involving illicit addresses represented just 0.15% of cryptocurrency transaction...
Binance implements a ‘fair way’ to purchase NFTs
6.1.2022
Binance's NFT marketplace is introducing its NFT Subscription Mechanism, a new feature that claims to give buyers a fair shake
Ethereum’s Dominance in DeFi Is ‘Far From Given,’ JPMorgan Says
6.1.2022
Ethereum is about to step into a phase of turbulence as its dominion over decentralized financing slowly fades. Experts from JP Morgan Chase believe that the coin’s countermeasures have been timed wrongly and would arrive after the damage is already done. The crypto leviathan lands such...
Crypto Carnival 2022 by Rainbow 6ix
6.1.2022
Why Carnival？ Crypto Carnival 2022 is hosted by the North American marketing agency Rainbow 6ix. This online event will gather decentralized products such as GameFi derivatives and will simplify the path of user participation through airdrops, lucky draws, and blind boxes. Not only that, but...
NFTb and Polygon Studios Have Entered Into a Strategic Partnership
6.1.2022
NFTb, the System for Digital Owning, has partnered up with Polygon Studios to accelerate the progress of GameFi initiatives on Polygon by offering solutions for initiatives to release on the Polygon ecosystem. NFTb & Polygon Studios will collaborate closely to make sure that initiatives going...
Selloff in Crypto Triggered by Hawkish Fed as Tech Stocks Drop Too
6.1.2022
Markets ranging from global technology stocks to crypto took a major hit over the past day, after a release of minutes from the last US Federal Reserve (Fed) meeting revealed a more hawkish stance than the market had expected.
At 10:09 UTC, bitcoin (BTC) traded at USD 42,738, down by 9% over...
Coinbase Shares Predictions on Future of Ethereum Scalability, Metaverse, Defi, NFTs
6.1.2022
Coinbase’s chief product officer has shared some predictions for 2022 regarding Ethereum’s scalability, the metaverse, decentralized finance (defi), non-fungible tokens (NFTs), and more. 2022 Predictions by Coinbase’s Executive Coinbase’s chief product officer, Surojit...
Number of Devs on Solana, Polygon, Cardano & Co Growing Faster Than on Ethereum
6.1.2022
Looking at the number of developers, blockchain platforms known in the crypto community as "Ethereum Killers" are growing at a faster rate than Ethereum (ETH) did at similar points in its history. However, Ethereum is still by far the largest ecosystem, retaining 30% of full-time developers...