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Binance to Invest $500 Million in Elon Musk Twitter Buyout


Changpeng 'CZ' Zhao, the outspoken CEO of major exchange Binance, has announced his company is planning to allocate more than $1 billion to acquisitions and investments in 2022. Binance’s top project in this field is providing $500 million in financing for Elon Musk’s planned takeover of the social...

On-Chain Data Suggests Do Kwon Still Cashing Out Terra Holdings


On-chain data from the Terra blockchain suggests that Terra founder Do Kwon, who is wanted by South Korean police, is still cashing out from his “shadow wallets.” The claim that Do Kwon is still cashing out was shared on Twitter by the pseudonymous user FatMan, a popular Twitter user who in...

Shiba Inu Price Prediction – Can SHIB Reach $1 Before Dogecoin?


Shiba Inu suffered a dramatic sell-off on Monday evening, with the coin dropping almost 10% in just two hours. SHIB fell from $0.00001074 to a 24hr low of $0.000009976 in the early hours before a small recovery. Currently trading at $0.00001031, SHIB is still more than 4% down on the 24hr chart...

Biggest Movers: ETC, NEAR at 3-Month Lows on Tuesday


Ethereum classic remained close to a three-month low in today’s session, as the token continued to extend recent declines. The token is now trading almost 15% lower in the last seven days. Near protocol was also lower, with it also falling to its lowest point since July. Ethereum Classic...

OECD Presents Crypto Tax Reporting Framework


The Organisation for Economic Co-operation and Development (OECD), an intergovernmental organization that seeks to stimulate economic progress, has published a global framework for crypto tax reporting.  According to a press release, the framework, dubbed the Crypto-Asset Reporting Framework...

TeraWulf Receives $17m for Updating Infrastructure


Bitcoin miner TeraWulf has successfully procured an amount of $9.5 million from stock shares. Additionally, it has also managed to make an addition by securing a further amount of $7.5 million through the assistance of an already existing loan amount it had. This funding amount will be put...

Portugal Makes U-Turn On Crypto-Friendly Taxes


Though widely considered to be one of the most crypto-friendly countries, Portugal is increasingly shifting its position on taxing cryptoasset gains – and now plans to tax gains on crypto held for less than a year.... Read More: Portugal Makes U-Turn On Crypto-Friendly Taxes

Bitcoin, Ethereum Technical Analysis: ETH Falls to 9-Day Low Below $1,300


Ethereum fell to a nine-day low during Tuesday’s session, as the U.S. dollar rose to a two-week high. The decline comes ahead of this week’s U.S. inflation report, which is expected to show consumer prices falling by 0.2% month-on-month. Bitcoin was also in the red during...

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