Search
Huobi Korea Announces Closure Citing Challenging Business Environment
4.1.2024
Source: Adobe South Korean cryptocurrency exchange Huobi Korea has announced the shut down of its services with effect from January 29, 2024. The decision comes in response to what the company described as a challenging “business environment.” Established in 2017, Huobi Korea...
Bitcoin ETFs Could Spark Huge BTC Trading. The Market Appears Up to the Task
4.1.2024
Market makers, like trading firm DRW, have been preparing for months to be able to provide the necessary liquidity to ensure sufficient liquidity should the SEC approve bitcoin exchange-traded funds in the U.S
Rooster Bet: Fresh Online Casino and SportsBetting Site
4.1.2024
The world of online gambling is a big place, but they pride themselves on their mission to keep it safe for players and friends. Reputation is everything in business. This is especially true if the business in question is gambling. … Continued
The post Rooster Bet: Fresh Online Casino...
South Korea Proposes Ban on Crypto Purchases with Credit Cards
4.1.2024
Source: Pixabay / viarami South Korea’s Financial Services Commission (FSC) has announced a proposal to amend its Enforcement Decree of the Credit-Specialized Financial Business Act, aiming to ban crypto purchases with credit cards. The proposed amendment plans to restrict the use of credit...
South Korean Gaming Giant WeMade Must Pay $41M ‘Crypto Tax’ Bill
4.1.2024
Source: Zerbor/Adobe The South Korean gaming firm WeMade has been hit with a $41 million tax bill for its crypto-related activities. Yonhap reported that the National Tax Service (NTS) issued the bill following an investigation into the firm’s historic crypto business operations. The NTS said...
Goldman Sachs Eyeing Bitcoin ETF Role Via BlackRock and Grayscale: Sources
3.1.2024
Goldman Sachs is in talks to play the key role of being an "authorized participant" for BlackRock and Grayscale's bitcoin ETFs, if the SEC approves them, according to people familiar with the situation
Stablecoins Can Help Fix the Current Lending Market
3.1.2024
The Global Financial Crisis reduced the depth of capital markets. Blockchain-based stablecoins can help fill the gap, say Christine Cai and Sefton Kincaid, of Cicada Partners
New Crypto Tax Law Takes Effect in US: Transactions of $10,000 or More Must Be Reported to IRS Within 15 Days
3.1.2024
A new tax reporting law has entered into force in the U.S. Starting on Jan. 1, all Americans receiving $10,000 or more in crypto in the course of their trade or business must file a report with the Internal Revenue Service (IRS) within 15 days. “If you don’t file a report within...
Michael Saylor Commences Plan to Sell $216M Worth of MicroStrategy Stock Options
3.1.2024
Saylor said in an earlier earnings call that he will use the proceedings to meet personal obligations and buy additional bitcoin to his personal account
Black Swan Looms in 2024, Expert Warns of Unprecedented Economic Upheaval and US Election Disruption
2.1.2024
The economic forecast for 2024 has undergone significant shifts, with lawmakers and the U.S. Federal Reserve anticipating a “soft landing” for the year. The prevailing belief is that while the economy will decelerate in 2024, the slowdown will be relatively mild. Nonetheless...
Jupiter Targets JUP Airdrop for End of January
2.1.2024
The Solana-based trading aggregator will test the longevity of the Solana frenzy
Meta’s Quest 2 VR Headset Is Cheaper Than Ever
2.1.2024
First the price went up, and now, following the release of a newer headset from Meta, the very popular Meta Quest 2 has dropped to a new low of $250, making it a much easier buy for the VR-curious. Read more
Orbit Chain Loses $81M in Cross-Chain Bridge Exploit
2.1.2024
Orbit Chain, a platform that interacts and transacts with various blockchains, has lost $81 million after hackers exploited the platform's cross-chain bridge
SEC Reportedly Overwhelmed with Paperwork as Deadline for Spot Bitcoin ETFs Approach
2.1.2024
Image by Parradee, Adobe Stock The Securities and Exchange Commission (SEC) is reportedly swamped with a substantial amount of paperwork as the January 10 deadline for the approval of spot Bitcoin (BTC) ETFs approach. According to Eleanor Terrett, a journalist for FOX Business, a spot Bitcoin...
Maelstrom CIO Arthur Hayes Alerts Big Banks Will Eventually Cannibalize Tether’s Business Model
31.12.2023
Arthur Hayes, CIO of Maelstrom and former CEO of Bitmex, discussed the eventual demise of Tether and other stablecoin companies. Hayes explained that Tether’s business model, which consists of taking dollars and investing in treasuries, will eventually be cannibalized by big banks like...
JPMorgan CEO's Bitcoin Bashing Is a 'Do as I Say, Not as I Do' Situation
29.12.2023
Jamie Dimon's bank agreed to play a key role with BlackRock's proposed bitcoin ETF, just weeks after he told U.S. senators: "I've always been deeply opposed to crypto, bitcoin, etc."
BlackRock, Valkyrie Name Authorized Participants Including JPMorgan for Bitcoin ETF
29.12.2023
BlackRock will use J.P. Morgan and Jane Street as their authorized participants. Valkyrie has also named Jane Street in addition to Cantor Fitzgerald
Unlocking the Future: A Guide to Buying a House with Cryptocurrency – Mortgages, Payments, and Insurance
29.12.2023
Finance and money technology background concept of business prosperity and asset management . Creative graphic show economy and financial growth by investment in valuable asset to gain wealth profit . Believe it or not, 2024 may be a popular year for homebuyers. The National Association of Realtors...
Bitcoin Miners Offload $129M BTC in Day, Sending Reserves to the Lowest Point Since May
29.12.2023
Bitcoin miners' reserves slid to the lowest since May following a spate of withdrawals to exchanges this week, data from CryptoQuant shows
Privacy Tokens DASH, ZCH, XMR Take Hit as OKX Says It Will Suspend Trading
29.12.2023
More than 20 trading pairs will be delisted next week as they no longer meet the crypto exchange's listing criteria