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Biggest Movers: SOL Gains 10%, BCH Hits Fresh 1-Year High
29.6.2023
Solana surged 10% on June 29, after it was confirmed that a new cross-chain bridge will allow users easier access to other blockchains. The update from Debridge will reportedly enable solana users to access ethereum’s virtual machine for the first time. Bitcoin cash extended its own gains...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Below $31,000 Following Prime Trust Liquidation
28.6.2023
After briefly rising above $31,000, bitcoin consolidated on Wednesday, as bulls moved to secure recent gains. The uncertainty came as crypto custodian Prime Trust entered receivership, after being found to be illiquid by authorities. Ethereum also declined, once again falling below $1,900. Bitcoin...
IMF Director: Iranians, Brazilians, Saudis Switching to Trade in Chinese Yuan as De-Dollarization Gains Momentum
28.6.2023
The International Monetary Fund’s (IMF) executive director for Russia says a growing number of countries are switching to trade in Chinese yuan, not only with China but also with third countries. He stressed that it is wrong for the U.S. dollar to be widely used globally given that the U.S....
Biggest Movers: DOGE, SHIB Slip on Monday, as Traders Capture Recent Gains
26.6.2023
Dogecoin dropped by nearly 3% on Monday, as traders began to take profits following last week’s gains. Cryptocurrency largely consolidated to start the week, with the global market cap down 0.64% as of writing. Shiba inu was another coin to move lower today. Dogecoin (DOGE) Dogecoin (DOGE) was...
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $31,000, After Becoming Overbought
26.6.2023
Bitcoin fell below $31,000 to start the week, as traders seemingly moved to secure gains, as the cryptocurrency became overbought. The relative strength index (RSI) rose to its highest point since January, prompting bears to reenter the market. Ethereum also declined, falling below $1,900. Bitcoin...
Token Issuers in Japan to Be Exempt from 30% Crypto Tax on Unrealized Gains
26.6.2023
Japanese token issuers have been exempted from corporate taxes on unrealized cryptocurrency gains.
In a recent announcement, the country's National Tax Agency revealed that it has revised its law to exempt crypto token issuers from 30% corporate taxes on unrealized gains, effective from June...
Crypto adoption in Cyprus beefed up by ByBit license approval
26.6.2023
Following Binance's departure from the island, ByBit strengthens Cyprus' crypto ecosystem with license approval for operations
Bybit Gains Crypto License in Cyprus
26.6.2023
The Dubai-based crypto exchange will gain now a foothold in the European Union after its exit from Canada and the U.K
Japanese Crypto Issuers Won't Pay Taxes on Unrealized Gains, Govt. Clarifies
26.6.2023
Token issuers in the country were subject to a 30% corporate tax for unrealized gains on their own tokens
Token issuers in Japan exempt from 30% crypto tax on paper gains
25.6.2023
Japan's National Tax Agency published a partial revision of its corporate tax guidelines, implementing new tax rules for token issuers
As Uniswap volumes remain stable, investors join the InQubeta presale for bigger gains
25.6.2023
The general crypto market continues its bearish decline. This has led to a continuous search for more viable investments. Before its recent surge in price, the trading volume of Uniswap (UNI) was stable, leading investors to reconsider their investment strategy. The unsurprising project that...
Crypto Market Rises by $30B in 48 Hours — Bitcoin Cash Leads With 88% Weekly Gain
25.6.2023
On Sunday, June 25, the cryptocurrency market experienced a modest increase in value, climbing from $1.21 trillion two days prior to its current value of $1.24 trillion. Bitcoin has surged 15% in the past week, while ethereum has risen over 10% against the U.S. dollar. Furthermore, numerous other...
Coinbase Gains Victory in Supreme Court Over Arbitration Lawsuit – Here's What You Need to Know
24.6.2023
The US Supreme Court has ruled in favor of Coinbase, backing its request to halt customer lawsuits while it pursues appeals aimed at moving the disputes out of courts and into private arbitration.
On Friday, five of the nine Justices voted in support of Coinbase's request, overturning a lower...
Institutional Interest Fuels Crypto Rally as Market Adds $110 Billion in 7 Days
23.6.2023
During the past week, crypto assets increased in value by 9.62%, rising from $1.10 trillion to the current $1.21 trillion. Apart from the listed stablecoins, the top 20 crypto assets by market capitalization all experienced gains this week, as $110 billion was injected into the crypto economy....
Bitcoin, Ethereum Technical Analysis: BTC Stays Above $30,000, Despite Traders Moving to Secure Recent Gains
23.6.2023
Bitcoin consolidated around the $30,000 level on Friday, as traders attempted to maintain bullish sentiment following recent gains. The world’s largest cryptocurrency briefly dropped below this point earlier in the day, before bulls swept in to buy the dip in price. However, ethereum fell...
Pepe Surges Amidst Meme Coin Market Gains; Whales Accumulated Significant PEPE During Price Dip
22.6.2023
While the crypto economy has reached a value of $1.2 trillion, meme coin markets have experienced substantial gains this week, with the top five meme tokens recording both 24-hour and seven-day gains. According to recent data, pepe is leading the pack with a 34% increase in the last 24 hours and...
Bitcoin, Ethereum Technical Analysis: BTC Above $30,000, ETH Hits $1,900 Following Moving Average ‘Death Cross’
22.6.2023
Bitcoin extended recent gains on Thursday, climbing above the $30,000 level for the first time since April, and ahead of Fed Chair Powell’s testimony today. The move also came following a death cross of moving averages, which prompted bulls to intensify buying pressure. Ethereum moved to...
First Mover Americas: BTC Crosses $30K and Bitcoin Layer 2 Stacks Networks Gains 15%
22.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin traders eye $28K retracement as BTC price retains 20% gains
22.6.2023
BTC price could be in line for a dip of around $2,000 after days of straight upside, with Bitcoin buyers lying in wait
Crédit Agricole’s CACEIS Gains Crypto Custody Registration in France
22.6.2023
The traditional finance giant has been rumored to be seeking the status for years