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DeFi Users Seek Clarity as Australia’s Tax Office Fails to Explain New Capital Gains Tax Rules
24.11.2023
The ATO’s opaque DeFi tax guidance perplexes Australian crypto investors. Image by Vadym, Adobe Stock. The Australian Taxation Office (ATO) released new guidance on November 9, stating that capital gains tax (CGT) applies to certain decentralized finance (DeFi) transactions. The tax agency...
Hong Kong Investment Firm Victory Securities Obtains Retail Crypto Trading License
24.11.2023
The publicly traded company joins crypto-native firms HashKey Exchange and OSL Digital Securities with a license
“If You Like Bitcoin, Buy Bitcoin” – Financial Analyst Jim Cramer Admits He Was Wrong On Bitcoin
24.11.2023
Financial analyst Jim Cramer has admitted he was wrong on the direction of Bitcoin (BTC) as he previously urged users to sell the asset. In a part of his CNBC Mad Money show where he advises callers on assets to increase their exposure to dump, he revealed his present stance on investors acquiring...
Nansen phishing emails flood crypto investors’ inboxes
24.11.2023
On Sept. 22, one of Nansen’s third-party vendors suffered a security breach, which exposed the email addresses of 7% of the system’s users
Major Black Friday Deal: Scorpion Casino Offers a 50% Bonus on Presale as Investors Flock to Invest
23.11.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Scorpion Casino (SCORP) is genuinely a unique project, providing both entertaining gaming and casino experiences that are highly rewarding. Several news outlets have covered this in recent weeks...
Austria’s Raiffeisen Bank to Roll Out Crypto Trading for Retail Customers in January
23.11.2023
The bank will start its crypto services to customers in Vienna, in partnership with Bitpanda
Heco Chain, HTX Hit by $100M Hack, Justin Sun Says Exchange Will Cover All Losses
22.11.2023
A recent hack drained $100 million worth of crypto from Heco Chain and HTX exchange. Image by Cihangir Stock, Adobe Stock. Cryptocurrency exchange HTX and blockchain protocol Heco Chain were exploited on Wednesday in a hack totaling $97 million worth of digital tokens, according to Justin Sun,...
As Viral ETF Token Plummets 99%, This Other Bitcoin ETF Project Just Raised $1.3 Million – Next 100x Coin?
22.11.2023
As market hype around the prospect of an imminent Bitcoin Spot ETF grows, so too has super-charged price action on DEX markets, but in a move shocking markets this morning, viral BTC ETF token has rug-pulled – leaving investors scrambling for alternative plays. Recent months have seen a huge...
Robert Kiyosaki Says Prepare for Hyperinflation — Sees Bitcoin as the ‘Best Protection’
22.11.2023
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to prepare for hyperinflation, emphasizing that bitcoin is “your best protection.” He perceives the cryptocurrency as “people’s money,” the value of which cannot be controlled by governments. Robert Kiyosaki: Bitcoin...
Crypto Miner Phoenix Group’s IPO Sales 33X Oversubscribed
21.11.2023
Source: Brian Wangenheim/Unsplash Multinational crypto mining and blockchain giant Phoenix Group has achieved a significant milestone in its initial public offering (IPO) raise. According to a press release, the mining company was able to close its IPO raise after investors oversubscribed 33 times...
Pantera CEO Foresees Spot Bitcoin ETF Breaking ‘Buy the Rumor, Sell the News’ Cycle
21.11.2023
For many advocates, the green light for a spot bitcoin ETF (exchange-traded fund) signifies a pivotal moment in the progression of digital assets. Pantera Capital’s Dan Moorehead views this evolution not merely as another chapter in the crypto narrative, but as a transformative leap in...
As Rocky Token Surges 270x in 24-Hours, Investors Are Turning Their Attention to This Other Bitcoin ETF Project – How Does it Work?
21.11.2023
Amid a rise in DEX launched meme coins, a new Solana-based project called Rocky token ($ROCKY) has surged a whopping 270x over the past 24-hours, but with price in retracement – investors are turning their attention to this other Bitcoin ETF project. Recent months have seen a huge trend...
Ethereum Exchange Outflows Exceed $1 Billion in 3 Weeks, IntoTheBlock Reports
20.11.2023
Ethereum sees significant exchange outflows as investors potentially eye long-term holds. Image by Dennis, Adobe Stock. A torrent of Ethereum has flowed out of centralized crypto exchanges and into private wallets over the past several weeks. ETH recorded $320M in exchange outflows this week,...
AVAX Soars Over 22% as Traditional Firms Increase Tokenization Efforts
20.11.2023
Avalanche (AVAX) has surged over 22% in the last seven data following partnerships with top financial giants to explore real-world asset tokenization. The network’s native token has recorded massive activity in recent weeks becoming one of the top gainers as the market rebounds. Data from...
Bitcoin Price Prediction as Recent Decline Triggers Largest Bull Liquidation in 3 Months – Is a Rebound Imminent?
19.11.2023
In recent financial news, Bitcoin (BTC) has witnessed a significant fluctuation in its market value, drawing attention to its latest price movements and the implications for investors and the cryptocurrency market as a whole. Despite a recent decline that triggered the largest bull liquidation...
OpenAI investors push for Sam Altman's return as CEO: Report
19.11.2023
According to sources familiar with the matter, key investors at OpenAI disagreed with the board's decision to terminate CEO Sam Altman and are advocating for his reinstatement
Republic Plans to Pay Users’ Dividends on Avalanche Blockchain
18.11.2023
Source: Avalanche Next-generation investment and technology firm Republic has announced plans to issue its upcoming digital asset on the Avalanche blockchain network. Called Republic Note, the digital asset will serve as a form of dividend payout for investors who tap into the extensive portfolio...
Bitcoin Price Prediction as BTC Dips 2.7% to $36,000 Level – Here are Key Levels to Watch Now
17.11.2023
In the ever-fluctuating world of cryptocurrencies, Bitcoin (BTC/USD) has recently witnessed a notable dip of 2.7%, bringing it down to the pivotal $36,000 level. This movement marks a crucial juncture for investors and traders alike, who are now keenly observing the market for potential shifts...
Bitcoin Ordinals Project Taproot Wizards Raises $7.5 Million in Seed Funding
17.11.2023
Source: Adobe / Daniel Krasoń The Bitcoin Ordinals project known as Taproot Wizards has successfully secured $7.5 million in seed funding in a round led by venture capital firm Standard Crypto. Additional contributions in the round came from prominent investors including Geometry, Collider...
Republic's Profit-Sharing Token on Avalanche Will Pay Investors VC Dividends
17.11.2023
Republic Crypto is launching R/Note, a tokenized security whose owners get payouts from the company's venture exits. It will live atop the Avalanche blockchain