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US Government Delays Tax Reporting Rules for Cryptocurrency Brokers
25.12.2022
The enforcement of a requirement for brokers to report gains made by crypto investors has been postponed by the U.S. Treasury Department and the IRS. The new tax rules, incorporated into the $1 trillion infrastructure bill passed by the U.S. Congress in 2021, were to be imposed in 2023. Crypto...
Biggest Movers: ETC Moves Away From Multi-Month Lows, as XMR Extends Recent Gains
21.12.2022
Ethereum classic rallied for a second straight session on Wednesday, following better-than-expected U.S. consumer confidence data. The figures showed that confidence among American consumers rose to the highest level in eight months, with a reading of 108.3. Monero was also higher on the news,...
Next-gen P2E platform Rate That Crypto (RTC) will make crypto investors big gains in 2023
21.12.2022
Opportunities in blockchain technology abound, which is most evident in the current market state. Emerging cryptocurrencies are stealing the spotlight with innovative projects. Memes, trends, and phrases abound in the cryptocurrency market. The emergence of meme coins and game tokens has recently...
Bitcoin Gains 2%, Stocks Drop as Bank of Japan Allows Benchmark Bond Yields to Rise
20.12.2022
The BOJ unexpectedly lifted the cap on the 10-year Japanese government bond yield to 0.5% from 0.25%, finally ending the prolonged period of near-zero yields
Biggest Movers: SHIB, XMR Extend Recent Gains on Monday
19.12.2022
Shiba inu rose for a third consecutive session on Monday, as the meme coin continued to move away from last week’s lows. Today’s surge comes as the global cryptocurrency market cap was largely unchanged, and is down 0.01% as of writing. Monero was another notable mover to start...
Bitcoin and Ethereum gave back their gains, but has anything actually changed?
16.12.2022
Bullish crypto momentum fizzled after Fed Chair Powell poured cold water on investors’ hopes that a positive CPI report would trigger a trend change, but higher time frames remain interesting
Japan to Exempt Token Issuers From Corporate Tax on Paper Gains
16.12.2022
Project founders will no longer be subject to hefty taxes which forced them abroad from next April onwards
Take note of Oryen Network (ORY) as presale brings Klaytn (KLAY) and Aptos (APT) holders
15.12.2022
A particular decentralized financial protocol has been making rounds in the crypto space for the right reasons. The protocol accommodates innovative and value-generating features via a sustainable ecosystem. Oryen is the protocol to take note of as its presale gains the attention of the holders...
Bitcoin retraces intraday gains as bears aim to pin BTC price under $18K
14.12.2022
BTC bears are positioned to profit from this week’s Bitcoin options expiry, especially if price stays below $18,000
Here is why Bitcoin price gave back all its intraday gains
14.12.2022
BTC price retraced the entirety of its intraday gains after Fed chair Jerome Powell issued hawkish statements in relation to today’s 0.50% interest rate hike
Ether, Bitcoin Post Gains as Crypto Market Cheers Sam Bankman-Fried's Arrest, Inflation Data
14.12.2022
With the former FTX CEO's arrest, the crypto market has now shifted its focus to improving macroeconomic conditions, analysts said
Is DeFi back? GMX rallies toward all-time high and LOOKS price gains 30%
13.12.2022
GMX and LOOKS price pulled off double-digit rallies in the last week as former BitMEX CEO Arthur Hayes revealed his investment thesis for both projects
Crypto Payments App MoonPay Gains UK Regulator Registration
12.12.2022
The crypto payments app was registered with the Financial Conduct Authority as of Friday, signifying compliance with money laundering rules
Bitcoin Price and Ethereum Have Given Up Earlier Gains; Axie Infinity Jumps 30%
6.12.2022
On December 6, Bitcoin, the leading cryptocurrency, gave up most of its gains, having lost nearly 2% to trade at the $16,980 level. Most of the selling trends in the crypto market could be associated with a stronger US dollar. Interest rate speculation increased on Monday after a US services index...
Bitcoin price consolidation could give way to gains in TON, APE, TWT and AAVE
4.12.2022
If Bitcoin rises above its overhead resistance, TON, APE, TWT and AAVE could begin to tack on outsized gains
Biggest Movers: QNT Remains Near Multi-Week High, XMR up for Fifth Straight Session
3.12.2022
Quant was one of the biggest gainers to start the weekend, as price remained close to a multi-week high. This comes as cryptocurrency markets were marginally higher, following Friday’s volatile session. Monero was also higher on Saturday, as the token extended its recent gains for a fifth...
Trader allegedly saw over 5000x gains after Ankr protocol hack
2.12.2022
Ankr protocol announced that it will be reissuing aBNBc tokens, promising that it will assess the situation and compensate affected users
Italy to impose 26% capital gains tax on crypto profits
1.12.2022
The 26% capital gains tax will be imposed on cryptocurrency trading profits larger than 2000 euros ($2,062.3)
Italy Wants to Tax Crypto Gains at 26% From 2023
1.12.2022
The new government of Italy plans to impose a 26% tax on capital gains from crypto trading, according to the draft budget for next year. The center-right coalition in power is also preparing to oblige Italians to declare their digital assets and pay 14% on their holdings. Government in Italy...
TradFi Giant TP ICAP Gains UK Crypto License
1.12.2022
Fusion Digital Assets aims to offer a platform for matching crypto spot orders and execute trades