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Japan Blockchain Association Urges Tokyo to Overhaul Crypto Tax System


An industry organization in Japan has suggested that the government should reform taxation rules for crypto assets and transactions. Its members are convinced that the current tax regulations hinder growth of the Web3 economy in the country and discourage taxpayers from holding and using...

Biggest Movers: DOGE, SHIB Slip on Monday, as Traders Capture Recent Gains


Dogecoin dropped by nearly 3% on Monday, as traders began to take profits following last week’s gains. Cryptocurrency largely consolidated to start the week, with the global market cap down 0.64% as of writing. Shiba inu was another coin to move lower today. Dogecoin (DOGE) Dogecoin (DOGE) was...

Maximize your profits with the benefits of perpetual futures contract


The financial market in 2023 is replete with various innovative ways of making money. A quick registration at a crypto or stock exchange gives access to thousands of different financial instruments, allowing people to trade digital or financial assets of different categories. Concentrating...

Gaming Just Isn't About You: Consoles Are Thrashed By Casual Games


Gaming still isn’t all about you. New data released by PwC shows that “traditional” games make up only 26.7 percent of the revenue earned by the U.S. games industry, the vast majority of 2022's $54.1 billion coming from social or casual games. Esports, meanwhile, contributed just 0.8%. Added...

Biggest Movers: XRP 9% Lower, as Price Falls From 10-Week High


XRP plunged by over 9% on Wednesday, as traders moved to secure profits following a recent ten-week high. This decline comes as overall market sentiment remains bearish, following last week’s actions by the U.S. Securities and Exchange Commission (SEC). Cardano was also back in the...

Effortless Crypto Earning: How GoMining is Changing the Game


GoMining, a prominent bitcoin mining venture with six years of industry expertise, is commemorating its second anniversary with a significant rebranding. The venture, which oversees substantial bitcoin mining rigs across nine data centers in diverse countries, has been offering reliable...

Biggest Movers: XRP Bulls Take Profits Following 6-Day Winning Streak


XRP was marginally lower on Saturday, as bulls seemingly secured gains, following a recent six-day winning streak. The token, which has risen by nearly 10% in the past week, remains close to a three-week high. Polkadot remained in the green to start the weekend. XRP XRP, formerly ripple, remained...

Banks Not Getting Anticipated Benefits From Rate Hikes, ECB Executive Admits


Eurozone banks are profitable but the benefits from higher interest rates may be smaller than expected, according to the deputy head of the single currency area’s monetary authority. The official noted that while most of the tightening has been done already, more rate increases are to come. Euro...

Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin


Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized the company’s possession of bitcoin reserves worth $1.5 billion....

Tether Plans 15% of Its Net Profits Into Bitcoin in Move of Confidence


Tether, the world’s largest stablecoin issuer by market capitalization, said it is planning to invest 15 percent of its net profits into bitcoin to strengthen its reserves.  Tether said it expects the move to “strengthen and diversify” its reserves of its $1 pegged stablecoin, in a statement...

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