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Indian Government Prepares to Fast Track Crypto Bill — Plans to Introduce Cryptocurrency Law in a Month: Report
7.2.2021
The Indian government is reportedly considering taking “the ordinance route” to quickly pass the cryptocurrency bill. “The government is of the firm view that they want to introduce the law within a month of clearance of the ordinance,” a local news outlet detailed. Indian...
Musk’s Doge, Bitcoin Tweets May Spur Double-Digit Returns - Report
5.2.2021
Elon Musk. Billionaire and Tesla's head Elon Musk’s Twitter activity is not only stirring controversy, but it also triggers abnormal trading volumes and double-digit returns, according to a recent paper by the Blockchain Research Lab (BRL).
Musk, owner of a Twitter account with 45.5m followers...
US Library of Congress report highlights proof-of-stake tax blindspot
4.2.2021
The taxman still isn't wise to cryptocurrency earnings made through proof-of-stake. But that could change soon
South Africa’s Tax Agency Is Clamping Down on Crypto Users: Report
4.2.2021
The South African Revenue Service is likely "ensnaring" non-compliant taxpayers, a tax consultancy said in a news report
US Library of Congress Says Most Countries Lack Clear Tax Guidance on Crypto Staking
4.2.2021
Out of 31 nations, only 5 have tax guidance addressing cryptocurrency rewards via staking, a study found
South African Taxpayers Who Fail to Disclose Income From Cryptocurrency Trading Face Possible Jail Time
4.2.2021
According to a report, the South African Revenue Service (SARS) has sent out audit requests to taxpayers asking them to disclose their cryptocurrency trades and purchases. Taxpayers that fail to correctly disclose their income from bitcoin or other cryptocurrencies may be “liable to a fine...
Report: Bitcoin Overtakes Gold in the U.S. as the 4th Most Popular Investment Vehicle
4.2.2021
Research by Bitflyer released today indicates the growing popularity of the cryptocurrency as an American household investment option. But not in Japan. Stocks Remain the #1 Investment Vehicle Bitflyer, a Japanese crypto exchange, released a research paper that dives into cryptocurrency sentiment...
Devs ditching old ‘Ethereum killers’ for DeFi, NFTs and newer chains: Report
4.2.2021
Developers are switching their efforts to DeFi as it takes a larger slice of the crypto market
Report: Ant Group to overhaul structure per agreement with China authorities
3.2.2021
Several of Ant Group’s offerings including the blockchain division will reportedly become part of a financial holding company
Darknet Markets Generated $1.7 Billion in Crypto Revenue in 2020 — Set a New Record
3.2.2021
Darknet market revenues hit a new all-time high in 2020, despite declining individual purchases from marketplaces. Blockchain analytics firm Chainalysis also spotted a singular driver behind the new record witnessed over the last year. Hydra Market Is the Major Driver Behind Revenue Figures in 2020...
Report: Declining BTC Stablecoin Supply Ratio Suggests Exchanges Are ‘Highly Liquid & Ready to Buy’ Crypto Assets
3.2.2021
According to a report by Glassnode, bitcoin’s declining stablecoin supply ratio (SSR) indicates an increased supply of newly minted coins on exchanges. In turn, this increase in supply means exchanges are currently “highly liquid and ready to buy up assets such as bitcoin.”...
Russia and US Dominate Global Dark Market Traffic: Report
2.2.2021
Darknet marketplaces received $1.7 billion during 2020, mostly from Russia, the U.S., Ukraine and China, Chainalysis says
Corporate buy-ins could take Bitcoin price over $500K — report
2.2.2021
With appetites for BTC allocations firmly present, calculations suggest that even small buy-ins would have a dramatic effect on price action
Wall Street Bets and Gamestop Saga to Be Made Into a Movie
2.2.2021
The Wall Street Bets saga, an incredibly ridiculous story about a group of amateur Reddit investors who beat career Wall Street hedge funds at their own game, is to be made into a movie. According to a report by online news site Deadline on Jan. 31, Metro Goldwyn-Mayer (MGM) won the rights...
Report: Another GameStonk Movie Is In The Works At Netflix
1.2.2021
Less than a day after news broke that MGM had acquired filming rights for an upcoming book about the ongoing GameStop stock situation, Deadline is reporting that another GameStonk movie is being developed at Netflix.Read more
Coinbase Taps Nasdaq for Direct Listing: Report
1.2.2021
The crypto exchange will reportedly join Nasdaq's tech-heavy lineup
Report: Nintendo Gives Non-Answer When Asked About New Switch Model
1.2.2021
Despite years of rumors and reports indicating that upgraded Switch hardware is in the works for 2021, Nintendo continues to dance around the question of a Switch Pro. During a quarterly earnings report Q&A earlier today, company president Shuntaro Furukawa said there were no plans to announce...
Bloomberg Report Reveals Major Dysfunction At Amazon Game Studios
29.1.2021
You may know it as the Everything Store. But there’s one chunk of “everything” Amazon has failed to crack: video games. A new report from Bloomberg’s Jason Schreier and Priya Anand sheds light on why Amazon Game Studios, backed by one of the planet’s biggest companies, can’t seem to make...
Report: Bitcoin Bull Run and Rising Awareness of Digital Currencies Led to a 20% Increase in Crypto Related Lawsuits in China
28.1.2021
A report from China says as many as 872 lawsuits relating to cryptocurrencies were filed in the past year, a figure which is approximately 20% more than that of 2019. Using data obtained from the China Judgment Document Network (CJDN), the report shows that the province of Guangdong had the highest...
Bitcoin Inflows in Past 30 Days Exceed BTC’s Total Market Cap in 2017 and 2019, Says Report
28.1.2021
The total amount of capital inflows into bitcoin during the 30 days to Jan. 25 are as high as the entire bitcoin market capitalization in September 2017 and early 2019, according to new data from Glassnode. Glassnode co-founder and CTO Rafael Schultze-Kraft tweeted that cash inflows into bitcoin...