Search
Crypto Staking in the Crosshairs: IRS Unveils New Tax Guidance
1.8.2023
The U.S. Internal Revenue Service (IRS) has issued a decree stating that American citizens drawing income from cryptocurrency staking services must categorize the value of those digital assets as gross income, the moment they officially take possession of the staking reward. IRS Clarifies...
Bitcoin, Ethereum Technical Analysis: BTC Starts August Trading Below $29,000
1.8.2023
Bitcoin dropped below the $29,000 level to start the month of August, as the greenback continued to strengthen versus other G7 currencies. The U.S. dollar rose ahead of this afternoon’s manufacturing Purchasing Managers Index (PMI), which is expected to climb to a reading of 46.8. Ethereum...
Tradecurve’s price to soar 40%, BitDAO & Compound are up 20%
1.8.2023
In recent news, two prominent DeFi projects, BitDao (BIT) and Compound (COMP), have recorded a 20% price jump in the past week. However, investors are skeptical if the price surge will continue. Meanwhile, another DeFi platform, Tradecurve (TCRV), is also making waves. Market experts have predicted...
Bavaria’s Data Protection Office Launches Probe Into Worldcoin’s Iris-Scanning Data Practices
1.8.2023
Bavaria’s State Office for Data Protection Supervision (DPS) has initiated an inquiry into the Worldcoin project and its data collection techniques, as disclosed in a Reuters report on Monday. This comes shortly after similar investigations by Kenya’s Office of the Data Protection...
Shiba Inu introduces BONE ahead of launching Shibarium
1.8.2023
Shiba Inu has announced that it is introducing BONE, a new token that would act as a passport to Shibarium – which is an upcoming blockchain of Shiba Inu. This update serves two purposes: informing the community that the remaining supply of BONE will be minted in the days to come, and they...
Sharks grab over 200k LTC ahead of Litecoin halving 2023
1.8.2023
Litecoin halving is scheduled to happen on 2nd August 2023, Wednesday, to be more specific, and sharks are coming up to grab the maximum number of LTC tokens. Sharks are basically individuals and institutions that have substantial holdings of LTC tokens, or any token for that matter, in their...
Pro Trader Peter Brandt Says Bitcoin Halving ‘Will Be a Non-Event’
1.8.2023
Veteran trader Peter Brandt has said the upcoming bitcoin halving in 2024 and the “inevitable” approval of a Bitcoin ETF by the U.S. are likely to be non-events. Brandt claimed that while the top cryptocurrency’s correlation to other markets is a non-starter, bitcoin’s...
Shiba Inu-Barbie Crossbreed Meme Coin Shibie is Going Viral – How High Will New Cryptocurrency $SHIBIE Price Pump?
1.8.2023
As the new smash hit Hollywood blockbuster Barbie crushes records at the box office; the crypto industry is taking notice – meet Shibie coin.
A quick-footed savvy team of meme coin degens has come up with a genius idea for a viral token.
By combining Barbie, one of the world’s most trending...
Richard Heart and 3 entities get charged by the SEC
1.8.2023
The US Securities & Exchange Commission, also known as the SEC, has grabbed Richard Herat for raising funds through an unregistered crypto-asset offering. Richard reportedly raised over a billion dollars and misappropriated them to buy luxury items. Others charged for the same case are three...
The rise of Tether in gaming: Is it worth or not?
1.8.2023
Tether has become increasingly popular in the online gaming world as it provides a secure and dependable medium for transferring funds between different platforms. Its utilization eliminates the need for manual currency conversion and decreases the transaction fees associated with other payment...
BitTorrent’s persistent expansion: A promising tomorrow
1.8.2023
BitTorrent is one of the best peer-to-peer (P2P) file-sharing communication protocols. It allows people to distribute data and digital files across the Internet through a decentralized network. The decentralized manner of file sharing entails many benefits owing to the high level of privacy...
4 Crypto Bills Pass US House Committee
1.8.2023
The U.S. House Financial Services Committee has passed four crypto bills. “Congress is asserting its authority to design a regulatory framework, rather than allowing overzealous federal agencies to fill the gap with enforcement actions,” said the CEO of Blockchain Association. US House Committee...
InQubeta presale surpasses $1.8M, Uniswap & PancakeSwap stalling
31.7.2023
With decentralization being one of the core values of Web 3.0, the decentralized finance (DeFi) sector has been at the forefront of the crypto market. Decentralized exchanges, such as Uniswap and PancakeSwap, play a critical role in token trading. However, in recent developments, there has been...
Rep. George Santos Tried to Broker Cryptocurrency Deal with Donor During Congressional Campaign
31.7.2023
US Republican Congressman George Santos attempted to set up a crypto-related investment deal with a donor during an election campaign in 2020, according to a recent New York Times report.
The crypto investment scheme was pitched to a loyal Republican donor during Santos’ first Congressional...
Hedera reinvents FinTech, Borroe empowers Web3 growth, Worldcoin migrates to Optimism
31.7.2023
While most of the crypto market is in a slump, Hedera (HBAR), Borroe ($ROE), and Optimism (OP) are spearheading innovation and developments in their own ways. Out of the three, experts single out $ROE as the token with the most potential, predicting that it will deliver up to 300% gains...
Cardano price action sparks trend reversal; investors expect massive profit from DigiToads
31.7.2023
In the world of cryptocurrencies, Cardano (ADA) has been a focal point for enthusiasts, showcasing a rollercoaster of price movements. Amidst a series of ups and downs, ADA’s value recently witnessed an impressive 48% rally after dipping to $0.221 last month. This resurgence was partly fueled...
IOTA But Less Complex: Can New Cryptocurrency Presale IOTA20 Pump 13,628x Like the Original?
31.7.2023
The new IOTA20 token brings new life to the original Internet-of-Things (IoT)-focused crypto project ecosystem, IOTA, and is the latest blockbuster entry spinning up on the ‘meta 2.0 version’ theme.
In its original form, IOTA ($MIOTA) provided early investors with a return of 13,628x when...
Biggest Movers: SHIB Stays Close to Recent 2-Month High on Monday
31.7.2023
Shiba inu remained close to a two-month high to start the week, as sentiment in the meme coin remained mostly bullish on Monday. This comes despite the global cryptocurrency market cap mostly consolidating in today’s session. Bitcoin cash was another notable exception, as the price rose...
Solana co-founder Locks Horns with the Ethereum community
31.7.2023
The blockchain and cryptocurrency world has witnessed a recent clash between Anatoly Yakovenko, one of the co-founders of Solana, and members of the Ethereum community. The controversy arose after a controversial tweet from Yakovenko that questioned Ethereum’s credibility and viability as...
Litecoin & Solana lose momentum. VC Spectra presale is the most trending opportunity
31.7.2023
After a brief upswing around mid-July 2023, Litecoin is back to its previous trading range with barely any sign of a new uptrend. Meanwhile, Solana’s price indicates a potential bullish trend reversal, while its short-term trend remains bearish. While Litecoin (LTC) and Solana (SOL)...