A new draft tax form by the Internal Revenue Service (IRS) is proposing tracking specific crypto transactions. The Digital Asset Proceeds From Broker Transactions draft indicates that taxpayers must fill out Form 1099-DA, which collects trader identification and detailed transaction data from crypto “brokers.” According to Shehan Chandrasekera, a crypto accountant and the head of […]

Despite Bitcoin’s price stabilising around US$65k post-halving, some altcoins like Bonk saw weekend rallies. CORE token surged 68% following the introduction of non-custodial BTC staking, a first for Bitcoin. AIOZ Network gained following news about Alibaba Cloud collaboration aimed at boosting Web3 functions and community involvement in the Asia-Pacific region. With the halving done and […]

Bitcoin’s halving event occurred with stable prices despite a surge in network fees, seen as positive by analysts. Van de Poppe anticipates a shift towards altcoins as the next major market movement, suggesting they might offer significant investment opportunities post-halving. JPMorgan and AsiaNext CEO maintain a cautious stance, believing the halving effects were already priced […]

BlockDAG Shines with $19.5M Presale And Moon Keynote Teaser, Overshadowing BNB Price and Solana DEX Activity In the world of cryptocurrency, where innovation drives investment, BlockDAG stands out. With its state-of-the-art X-series mining rigs and a hybrid consensus mechanism, BlockDAG has accumulated an impressive $19.5 million in presale revenue and demonstrated its potential for a […]

[PRESS RELEASE – Willemstad, Curaçao, April 22nd, 2024] BC.GAME® is thrilled to announce the acquisition of a new gaming license, fully compliant with Curacao’s National Ordinance for Games of Chance (LOK) regulatory framework. This achievement reaffirms BC.GAME’s unwavering commitment to providing a secure and legally compliant gambling environment for its global user base. Jack Dorsey, […]

In the whimsical world of cryptocurrency, meme coins have carved out their own niche, capturing the imagination of investors and enthusiasts alike …

Bitcoin miners have struck a proverbial goldmine, reaping an astonishing $107 million in profits, according to data from Glassnode, a leading analytics platform. This unprecedented windfall, amassed on April 20th, underscores a significant shift in the revenue dynamics of Bitcoin mining operations. The meteoric rise in transaction fees serves as a bellwether for the evolving […]

TL;DR The Runestone NFT collection has seen a sharp drop of 55% in its value in the last day, now priced at 0.033 BTC (approximately $2,168). This drop occurred following a snapshot taken for the distribution of a meme coin to Runestone token holders. The creator of Runestone, Leonidas, addressed concerns about the drop in value after […]

The price of Shiba Inu (SHIB) is down nearly 2% as Shibarium experiences technical difficulties

Hedge fund veteran Tom Lee is maintaining bullish conviction on both the stock market and Bitcoin (BTC) following the much-anticipated halving on April 20. In a new interview on CNBC, Lee says the halving, which cut Bitcoin miners’ rewards in half late last week, along with the rise of the Runes protocol, which has helped […]

Although decentralized finance (defi) platforms have traditionally focused more on maintaining liquidity and volumes in their respective pools, Ran Hammer, the vice president of business development at Orbs, believes that “the future of defi hinges on liquidity aggregation.” According to Hammer, this shift is evidenced by the emergence of dominant aggregators that optimize trades by […]

Police Commissioner Crusita Descartes-Pelius cited continuous training as officers recently completed a Cybercrime and Cryptocurrency course.

In a chart analysis shared via X, the crypto analyst Dark Defender provided insight into the potential price movements of XRP ahead of this week’s Ripple-SEC case update. The analysis, conducted on a monthly time frame, reveals that XRP has been holding above a critical support trend marked in blue. With the crypto community’s eyes […]

The SEC has amended its lawsuit against Tron founder, Justin Sun, alleging he engaged in the promotion and sale of unregistered securities to US investors when he was inside the US. Sun had previously sought to have the lawsuit thrown out because the SEC lacked jurisdiction; this amendment strengthens the regulator’s claim to have jurisdiction […]

Bitcoin’s weekend halving cut miner profits by reducing BTC issuance, but the Runes protocol launch offset losses with significant fee increases. Runes, developed by Casey Rodarmor, boosted transaction costs to nearly US$128, funnelling a record US$107.8 million into miner wallets. Despite criticism, Runes simplifies token creation on Bitcoin, emphasising efficiency without needing off-chain data or […]

BlockDAG has captured the attention of the investment world with its promising new blockchain technology, which could potentially yield returns up to 30,000 times the initial investment. This article examines the market dynamics of Shiba Inu and TRON in comparison to BlockDAG’s innovative features and its recent $19 million presale success. BlockDAG recently showcased its […]

Data from IntoTheBlock revealed that investors withdrew approximately half a billion ETH from centralized exchanges last week, the highest the asset has seen since February. $500M ETH Leaves CEXs The withdrawal of large amounts of ETH from centralized exchanges signals investor confidence in the long-term price trajectory of the asset. Market participants usually withdraw their […]

Has sideways trading of DOGE ended yet?

The largest stock exchange in the world is reportedly gauging interest in becoming an around-the-clock operation. According to the Financial Times, the New York Stock Exchange’s (NYSE) analytics team is surveying interest in after-hours trading. FT says the interest is largely driven by the 24/7 world of crypto trading, which saw huge increases in retail investors […]

Big Four accounting firm Ernst & Young (EY) has launched an Ethereum (ETH)-based solution to automate contract management and prevent non-compliant transactions and errors. In a statement, the firm says the EY OpsChain Contract Manager (OCM) runs on the Ethereum public blockchain to facilitate the execution of complex and multi-party business agreements.  The contract manager […]

TL;DR The SEC faces a crucial dilemma regarding the approval of Ethereum ETFs in May, with mostly negative opinions among crypto market experts. Nate Geraci from ETF Store believes that the lack of dialogue between issuers and the SEC will be an obstacle to the approval of ETH ETFs. Eric Balchunas from Bloomberg suggests that […]

TL;DR Digital asset investment products have seen a second consecutive week of outflows, with $206 million leaving the market. Bitcoin investment products were hit the hardest, witnessing outflows of $192 million. The US ETF market experienced a decline in sentiment, with $244 million in outflows recorded primarily in existing ETFs. However, newly issued ETFs still attracted […]

As bitcoin fluctuates within a defined range, Monday’s technical analysis reveals a mixed bag of signals from oscillators and moving averages. Traders face a nuanced landscape on April 22, 2024, as various charts suggest both caution and opportunity. Bitcoin Bitcoin’s (BTC) price today stands at $65,974, with a 24-hour trade volume of $19.6 billion and […]

Bitcoin, the leading cryptocurrency, presents a decentralized and highly secure avenue for transactional activities. In this digital currency era …

After announcing in March its plans to include Bitcoin futures in its offerings, B3, a Brazilian stock exchange, has officially opened up trades, achieving a significant milestone on its very first day of trading Bitcoin futures.  B3 Bitcoin Futures Sees Surge In Demand Following its launch of Bitcoin futures on April 17, B3 experienced a […]

The waning strength of the US dollar index (DYX) may be a catalyst for a renewed bull market for Bitcoin (BTC), according to Glassnode founders Jan Happel and Yann Allemann. The founders, who share the Negentropic handle on the social media platform X, point to the DXY chart, which measures the strength of the US […]

The fourth Bitcoin halving has finally been completed, as the blockchain reached its 810,000th block on April 20th. The block reward for miners halved to 3.125 BTC per successful block, adding to the already diminishing supply. BTC’s remained fairly stable over the weekend following the halving. Yes, the fact that the halving occurred on 4/20 […]

BlockDAG‘s latest presale phase has reached an astounding $19 million, captivating the cryptocurrency community, including investors traditionally focused on XRP and Dogecoin. This significant financial milestone is bolstered by the excitement surrounding an upcoming keynote video from the moon, setting BlockDAG apart in a crowded market. As the buzz grows, BlockDAG is not merely participating […]

TL;DR Polkadot (DOT) has seen a recent 5% increase in price, with predictions from multiple analysts suggesting a potential rally that could elevate its value to $15 or even $20 by the end of next year. Some prominent traders also view the asset as a good investment at the moment. Is DOT Ready for a […]

When can traders expect local rise of XRP?

Trading volume has long been the default metric cited by analysts, media pundits and aggregators to rank cryptocurrency exchanges. While volume provides a high-level overview of marketplace activity, it can be faked to create the impression there’s more legitimate trading activity on a marketplace than there really is.  The exchange can simply print non-existent trades […]

TL;DR The Base network reached a record high with 21,700 contract deployers on April 20, reflecting strong growth in network adoption and usage. The number of active users on the network increased by 63% in the last month, reaching 3.8 million. Jesse Pollak, protocol lead, aims to attract 1 million developers and surpass one billion […]