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Japanese Opposition Leader Urges Crypto Tax Reform to Provide Nation with Web3 Boost
23.5.2022
Japan could be set to overhaul its crypto tax system – with opposition leaders joining a chorus of MPs and business leaders calling for a change in tax law to stop an “outflow” of crypto-related talent and convince Japanese crypto firms not to relocate overseas....
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Bitcoin & Crypto Fund Flows Turn Negative, Continued Headwinds Likely
23.5.2022
Crypto fund flows turned negative last week, after strong inflows the week before, bringing total assets under management to their lowest since July 2021. In addition, both on-chain signals and the crypto derivatives market is painting a bleak picture for the near term....
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Even Christine Lagarde's Son Doesn't Listen to Her Warnings About Crypto
23.5.2022
Christine Lagarde, the President of the European Central Bank (ECB), has stated that cryptoassets should be regulated and are worth nothing – but has admitted that her son is a crypto investor.
Lagarde was speaking during an episode of the long-running Dutch TV talk show “College Tour,” which...
Top 5 Most Expensive NFTs
22.5.2022
2021 will go down in history as the year when crypto witnessed massive user adoption, largely thanks to the non-fungible token (NFT) boom. NFTs went mainstream, catching the attention of millions around the globe.
Today, with its ups and downs, the NFT space continues to expand while its total...
Bill Gates: Crypto Has No Valuable Output — It’s Not Adding to Society Like Other Investments
22.5.2022
Microsoft co-founder Bill Gates has explained why he does not own any bitcoin or other cryptocurrencies. “I like investing in things that have valuable output,” Gates said, adding that crypto is “not adding to society like other investments.” Bill Gates on Crypto,...
The Crypto Bear Market Is Here: How to Invest Now?
20.5.2022
Bitcoin (BTC) is down almost 40% year-to-date, while most leading altcoins have dropped 50% to 70% since the start of 2022. So it’s fair to say, we are in a bear market. However, that doesn’t mean you have to exit the crypto markets because we’re having a bad first half of the year.
Read on...
Analysts Divided on Near-Term Bitcoin & Crypto Outlook as Market Stabilizes
19.5.2022
With the Bitcoin (BTC) and crypto market appearing to stabilize after last week’s brutal crash caused by the collapse of Terra (LUNA), analysts are offering their takes on where the market may be headed next. And as usual, opinions are divided, with some predicting the bear market is “complete,”...
South Korean LUNA Buying Skyrockets, Token Trading at Huge Premium on Domestic Exchanges
19.5.2022
While some furious South Korean crypto investors are readying multiple lawsuits for Do Kwon and the masterminds of the troubled terra (LUNA) protocol, others in the country are snapping up LUNA tokens at rock-bottom prices – even though the coin is currently being delisted from most major...
Novogratz says LUNA tattoo is a constant reminder investing 'requires humility'
19.5.2022
“Not going away” — Mike Novogratz says that despite being permanently humbled by the recent Terra collapse, the crypto industry will continue to grow
From Silence to Humbling Hell - Major Terra Backers Keep Low Profile as the Small Guy Is 'the Biggest Loser'
18.5.2022
Major Terra (LUNA) backer Mike Novogratz of Galaxy Digital is still largely silent on the downfall of LUNA and the terraUSD (UST) algorithmic stablecoin, while some other institutional investors have put out vague statements that called the incident “hell for our entire community”...
Legal Storm Brewing for Terra's Do Kwon & Co as ‘Hundreds’ of Investors Ready Complaints
18.5.2022
Another headache appears to be incoming for Do Kwon (full name Kwon Do-hyeong) and his company Terraform Labs – with investors in South Korea ready to wage a legal battle against the CEO.
Munhwa Ilbo reported that as many as three separate legal cases are now being mounted – each involving...
New survey sheds light on people's concerns about investing in crypto
18.5.2022
18% of respondents in a new survey said that learning more about the benefits of investing in cryptocurrency was the most effective approach to transition from skeptic to believer
Crypto & Stocks 'Decoupling' Prediction Flops but There's Still Hope
17.5.2022
It appears that some of the high-profile crypto fund managers have less of a crystal ball than some may want to believe.
Back in February, Joey Krug and Dan Morehead, the two co-chief investment officers at crypto hedge fund Pantera Capital, predicted that crypto markets would “decouple” from...
Record Inflows into Bitcoin as 'Safety'-Seeking Investors Buy the Dip; Ethereum Outflows Double
16.5.2022
Investors in funds backed by bitcoin (BTC) appear to be taking advantage of the lower prices, adding close to USD 299m to such funds last week, or the most this year, while ethereum (ETH) outflows more than doubled. ...
Read More: Record Inflows into Bitcoin as 'Safety'-Seeking Investors Buy...
After Terra's Collapse, Cryptoverse Reflects on ‘Ponzi-like Assets’, Role of VCs, and 'Ignorant' Crypto People
13.5.2022
It’s time for some self-reflection in the crypto community after the spectacular collapse of the terraUSD (UST) stablecoin and the entire Terra (LUNA) ecosystem.
A debate about what crypto investing should be like, how crypto projects are promoted and whether ‘bitcoin-only’ is the best strategy...
Google Searches Show Increased Interest in Buying Bitcoin & Ethereum as Prices Fall
12.5.2022
Data by Google Trends suggests that there is an increase in interest among people who seek to buy top cryptoassets like bitcoin (BTC) and ethereum (ETH) as prices hit multi-month lows.
The interest in search terms "should I buy bitcoin" and "should I buy ethereum" have increased by more than...
Crypto Investing Means Staying Positive Amid Volatility
12.5.2022
The price of bitcoin is dropping, bringing the entire crypto market down to earth. Will that put a damper on mainstream adoption?
Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates
11.5.2022
Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-scale crypto adoption.” The latest funding round values the company at $1.25 billion....
Sales of Blue-Chip NFTs Plunge Amid Crypto Market Crash
11.5.2022
Sales of blue-chip non-fungible token (NFT) collections Bored Ape Yacht Club (BAYC) and Otherdeed have taken a plunge amid a broader crash in the crypto market.
BAYC's sales have fallen by nearly 39% over the past week, dropping to USD 72.5m. The collection's floor price has also taken a...
Mexican Crypto Exchange Bitso Launches Stable Yield Program
11.5.2022
Bitso, a Mexico-based cryptocurrency exchange, is expanding its range of crypto investing options. The company has announced it will now allow customers to earn funds just by holding bitcoin or stablecoins in its wallet. The program, called Bitso+, will offer different yields based on...