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Biggest Crypto Gainers Today on DEXTools – Rock, Flash, SS
1.8.2023
Blue chip cryptocurrencies like bitcoin (BTC) and ether (ETH) are ebbing lower on the first day of August, with both hitting fresh one-and-a-half month lows under $29,000 and in the low $1,800s respectively.
Market commentators are citing jitters over the hack of one of Decentralized Finance...
Today in Crypto: FTX Proposes Possible Restart of FTX.com for 'Dotcom Customers', US IRS Says Income From Staking Crypto Must be Reported, Justin Sun Announces Tron-Curve Partnership and Buys $3M Worth of CRV for $2M
1.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: FTX Proposes Possible Restart of FTX.com for 'Dotcom Customers', US IRS Says Income From Staking Crypto...
Ukraine Mandates Digital Asset Firms To Disclose Financials As Wider Regulation Looms
1.8.2023
The National Bank of Ukraine (NBU) has requested local cryptocurrency firms to file details of their financials, raising concerns over new regulatory measures.
The bank demanded at least four virtual asset firms including Kuna, CoinPay, Geo Pay, and Qmall to provide financial documents alongside...
US Congress reviews crypto bill, will regulatory clarity boost DeFi & pump QUBE to the moon?
1.8.2023
As the US Congress turns its attention to the regulation of cryptocurrencies, stakeholders across the globe are watching closely. The introduction of clear legal guidelines could drastically shift the landscape of this dynamic sector. Amidst this anticipation, one project is capturing the attention...
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...
Nomura’s crypto arm Laser Digital bags Dubai VARA license
1.8.2023
Laser Digital said it would also launch trading and asset management operations in the coming months, including over-the-counter (OTC) service
Crypto Fest 2023: Connecting crypto & blockchain enthusiasts in South Africa
1.8.2023
On November 24, attendees from around the world will gather at the luxurious Cabo Beach Club in Cape Town, South Africa, for the highly anticipated Crypto Fest 2023. Crypto Fest has earned its reputation as being one of the most prominent events in the blockchain and cryptocurrency space...
Digital Asset Investors Should Report Crypto Staking Rewards as Taxable Income: IRS
1.8.2023
The US Internal Revenue Service (IRS) has outlined the latest tax guidance that classifies earnings from crypto staking as taxable income.
Per the Revenue Ruling of 2023-14, issued Monday by the IRS, crypto investors must report rewards earned from staking digital assets as gross income, in...
Is It Too Late to Buy Bitcoin SV? BSV Price Pumps Up 12% and AI Crypto Signals Platform yPredict Just Hit $3.25m
1.8.2023
Bitcoin SV is undertaking an impressive bounce out of consolidation, as converged support from the 20DMA and 200DMA give footing to potential recovery rally.
This comes following a tough month of price action for the Bitcoin hard fork project, which saw rejection from topside resistance at...
XRP20 Is a New Crypto Launch to Watch, Will This Stake to Earn Coin Explode 22,700% Like the XRP Price?
1.8.2023
XRP20 is a new crypto launch to watch as it brings its stake-to-earn utility to the mix – could it explode 22,700% like the XRP Price?
Ripple’s XRP token is one of the most followed crypto assets in the industry. XRP20 coin is set to be the next new coin to benefit from XRP's recent price...
Ukraine demands local crypto businesses to provide financials
1.8.2023
Trading volumes on the Ukrainian crypto exchange Kuna have shrunk 90% since March 2023 due to government policies, the CEO said
PEPE Price is Going to Zero as Crypto Whales Move to This Other Meme Coin Before it Lists on Exchanges
1.8.2023
Pepecoin (PEPE) has faced a tough week on crypto markets, with downside movements dominating the chart as PEPE slides -13% since Sunday.
This comes amid a challenging point in PEPE technical structure, which has been suffocating under a ceiling of local resistance from the 20DMA since July...
WOJAK Token Rockets Up 5,000% in 24 Hours But Experts Say It's a Scam – Here's the Next Crypto to Explode
1.8.2023
In the latest straight to DEX pump, spin-off meme coin Wojak (WOJAK) has surged an eye-watering +5,000% in just 8 hours as DEX launched coins continue to dominate big moves.
Based on the original WOJAK token, which saw an impressive +1,500% back in the April meme season, this DEX-launched spin-off...
Nomura’s Crypto Arm Gains Operating License Approval in Dubai
1.8.2023
Laser Digital will start its trading and asset management business in the coming months
Is SBF secretly behind BALD? Crypto Twitter debates latest conspiracy
1.8.2023
Crypto Twitter has been set ablaze with a new conspiracy that Sam Bankman-Fried is secretly pulling the strings of a new memecoin on Base called BALD
Crypto staking rewards are taxable once received: IRS
1.8.2023
The U.S. tax department will be requiring taxpayers to count staking rewards as gross income at the time they gain "dominion" over the tokens
FTX Plans to Restart Crypto Exchange for International Customers
1.8.2023
Proposed re-organization plan provides a pathway for a specific class of debtors to pool assets to create a new, offshore exchange
Base’s largest DEX LeetSwap halts trading amid exploit concerns
1.8.2023
Some analysts have provided possible ways the exchange was exploited and pinned potential initial losses at over $600,000
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...
Best Crypto to Buy Now 31 July – Optimism, Compound, Bitcoin Cash
1.8.2023
Bitcoin's price plunged under the psychologically significant support level of $30,000 over the past week, reaching a close of $28,874 today.
The Federal Reserve's decision to increase the rate by 25 bps on July 26 seems to have been largely shrugged off by Bitcoin, however.
As Bitcoin continues...