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US Senate Finance Committee Asks Crypto Community How To Tax It In Open Letter
Before responding, it would be beneficial for members of the crypto community to acquaint themselves with the nuances of tax law, and fortunately, they have a generous two-month timeframe to do so. On...
Former FTX exec Ryan Salame under investigation for suspected campaign finance violations: WSJ
U.S. prosecutors have launched an investigation into Ryan Salame, formerly an executive with the cryptocurrency exchange FTX, to ascertain if he potentially violated campaign-financing laws in favor o...
Bitcoin exchanges now hold the same BTC supply share as in late 2017
Bitcoin (BTC) held on exchanges is down to where it was at the 2017 BTC price all-time high, data confirms. Tracked by on-chain analytics firm Glassnode, the latest figures show less than 12% of the B...
Nio dives nearly 2% following Monday’s 8% rally
Nio stock has overtaken the March 30 range high. Last week’s EV price war truce came apart on Saturday. NIO stock closed up 7.9% on Monday. Consultancy AlixPartners says 2023 will see Chinese brands s...
Magic Johnson-Backed SimWin Sports Infuses Fantasy Football With AI and NFTs
This story comes from GG. Your Web3 Gaming Power-Up Discover GG Sports platform SimWin Sports is bullish about online games and fantasy sports betting, launching a new virtual football league that use...
Ripple Giant Shovels 75 Million XRP, Here’s Destination
Yuri Molchan Prominent fintech company has been noticed to transfer tens of millions of USD in XRP Data shared by the popular blockchain tracker Whale Alert less than an hour ago says that leading fin...
Meme Stocks Are Back, Raising a ‘Red Flag’ for the Broader Market
(Bloomberg) — Investors are fascinated with meme stocks again as they hunt through lower-quality names searching for returns. And in the process they’re raising a “red flag” for the S&P 500 ...
Will It Impact Algorand Blockchain?
Algorand-based decentralized finance (DeFi) protocol, Algofi has announced the closure of its platform. The project contributed more than 50% to Algorand’s total value locked (TVL) With the crypto win...
Bitcoin Tumbles to $30.5K as Bulls Fail to Challenge $31,000: Crucial Level Revealed
The $31,000 level has proven to be a significant resistance point for Bitcoin. Over the past few weeks, the bulls have tried and failed multiple times to break this level. Each failure has resulted in...
How Much Ethereum Punks “Take Down” Will Damage Ethscriptions?
Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and tech...
The Bitcoin halving and MicroStrategy stock
According to Berenberg Capital, the upcoming halving of Bitcoin in April 2024 could set the stage for an increase in MicroStrategy’s stock price. Michael Saylor, co-founder and executive chairman of t...
Grayscale Calls Out SEC For Approving Leveraged Bitcoin Futures ETF While Denying Spot
Grayscale, the owner of the world’s largest Bitcoin fund, has grown even more frustrated with the U.S. Securities and Exchange Commission (SEC) after the regulator approved a leveraged Bitcoin futures...
New Japanese Godzilla Production Announced For December
Promotional image for Godzilla Minus One, a new Japanese-produced entry in the venerable kaiju … [+] franchise. Toho Films The world’s favorite hundred foot tall rampaging kaiju is about to make...
Multi-Million Dollar Exploit of Multichain Raises Suspicions of Internal Rug Pull
Blockchain security and analytics firm Chainalysis suggests that the recent multi-million dollar exploit of cross-chain bridge protocol Multichain may have been an inside job or rug pull orchestrated ...
Has Solana moved on from its fiasco with Sam Bankman-Fried?
Solana’s TVL has fallen by 97% since November 2021. Network fees and revenue have fallen steeply in the last year. The DeFi TVL of Layer 1 (L1) blockchain Solana [SOL] has returned to its April 2021 l...
XAU/USD to rise if US core inflation falls below 5% – Commerzbank
Gold price up slightly in wake of US labour market data. Attention will now be focused on the US consumer price data that are due to be published on Wednesday. Economists at Commerzbank analyze how XA...
Shibarium’s Testnet Hit A New Milestone With Over 28 Million Transactions Processed
Key Points: Since its inception on March 11, the Puppynet testnet for Shibarium has exhibited impressive transaction processing, and it has now handled a total of 28,445,126 transactions so far. Becau...
Algorand’s Biggest DeFi Project, AlgoFi, Set To Shut Down
Algorand’s largest DeFi protocol, Algofi, has announced it will be shutting down in the coming months. According to a blog post by Algofi, the decision to decommission its platform is due to a “conflu...
The Nasdaq 100 Rebalance Has Been Great News for Cathie Wood’s ARK Innovation
Text size Cathie Wood’s ARK Innovation is on pace for its highest close since August 2022. Kyle Grillot/Bloomberg Cathie Wood’s ARK Innovation ETF has been on the rise following the announcement that ...
Tata Group Close to Seal Deal on Becoming First Indian iPhone Manufacturer
Sources familiar with the matter said that the Tata Group is planning a complete takeover of the Wistron responsibility for the assembly of iPhone models. Early on Tuesday, July 11, the news spread th...
Ethereum’s Consistent Price Upswing Fueled By Increase In DEX Transaction Volume — Crucial Stage Lies Ahead ⋆ ZyCrypto
Advertisement     A handful of factors primarily determine the price movement of any cryptocurrency asset. This squally ranges from a fundamental level to a technical level. For a lead...
Visa Stock Price Acent Continues Ascent For Months, Until When?
Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and tech...
Crypto Analyst: Binance Is Set to Pump Altcoins This July
Ivan Lijeqvist says Binance will trigger a pump in the altcoin market this July. ARKM is one of several projects that will launch on Binance Launchpad this period. Binance Launchpad would generate hyp...
Vitalik Buterin Moves $3.6 Million of ETH To OKX, Ethereum Price Dump Incoming?
An address associated with the Ethereum co-founder, Vitalik Buterin, has moved 2,013 ETH to OKX, a cryptocurrency exchange, Lookonchain, citing Etherscan data, on July 11 shows. According to on-chain ...
Federal Prosecutors Probing Former FTX Executive and Girlfriend for Potential Campaign-Finance Violations: Report
Former congressional candidate Michelle Bond and her boyfriend, former FTX executive Ryan Salame, are under investigation by Federal prosecutors in Manhattan. According to a new Wall Street Journal re...
Bored Ape Yacht Club to unveil new IP verification tool
Non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC) will be launching a new intellectual property tool with an on-chain verification solution for builders within the BAYC community. Bored...
Near Foundation treasury drops to $900M as token price plunges
At the end of Q2 2023, layer-one blockchain Near Protocol’s (NEAR) treasury had declined to $900 million, led by a fall in the price of NEAR tokens from $1.99 to $1.38 apiece. At the #NEAR Found...
Two Amazon Charts Investors Need To See
(Photo by David McNew/Getty Images) Getty Images Amazon AMZN bottomed at $81.43 on January 6, 2023 and this day ended with an upside key reversal as the close at $86.08 was above the January 5 high of...
Cboe ‘reached an agreement on terms’ with Coinbase for bitcoin ETFs
Chicago Board Options Exchange (Cboe), an exchange seeking approval from the SEC to list several spot bitcoin ETFs, has resubmitted its applications with slight amendments regarding its surveillance-s...
Coinbase Goes to Court Against the SEC
“Like all securities, an economic arrangement can qualify as an investment contract only if it involves an ongoing business enterprise whose management owes enforceable obligations to investors. Absen...
Euro attempts a bounce off 1.0980, looks at euro new banknotes
Euro comes under pressure and gives away initial gains vs. the US Dollar. Stocks in Europe keep the positive performance on Tuesday. EUR/USD abandons the area of 2-month tops north of 1.1000. Germany’...