[PRESS RELEASE – Manama, Bahrain, April 16th, 2024] By joining forces with Aleph Zero, stc Bahrain aims to leverage cutting-edge solutions to enhance privacy, security, and decentralization in the digital realm. stc Bahrain, a world-class digital enabler, has announced its partnership with Aleph Zero, a privacy-enhancing Layer 1 blockchain, as part of its Web3 Launchpad program. […]

Chief Tax Information Officer Jackson Hewitt said you must report cryptocurrency gains to the IRS. Author: ktvb.com.

In celebration of the historic fourth Bitcoin halving and to ring in a new epoch in sound money, Bitcoin Magazine and Kraken are pleased to present the Bitcoin Halving Livestream. This event will bring together prominent voices in the Bitcoin space including Barstool CEO Dave Portnoy, Strike CEO Jack Mallers, Bitcoin Magazine Institutional Lead Dylan […]

Bitcoin price started another decline from the $67,000 zone. BTC is showing bearish signs and might soon revisit the $61,000 support zone. Bitcoin failed to clear the $67,000 resistance zone. The price is trading below $65,000 and the 100 hourly Simple moving average. There was a break below a rising channel with support at $64,900 […]

The largest federal bank in Germany, Landesbank Baden-Wurttemberg, is planning to offer cryptocurrency custody services in the second half of 2024, according to a new report. According to Bloomberg, Landesbank Baden-Württemberg is announcing a new partnership with Bitpanda to offer crypto custody services to institutional clients in the second half of 2024. According to the report, […]

TL;DR Exploitation of security at Grand Base results in losses of $1.7 million. The community is urged to avoid interacting with the affected contract and withdraw liquidity. Grand Base is collaborating with blockchain partners and analysts to recover funds and freeze accounts from hackers. In the recent news about the Grand Base asset tokenization platform, […]

Chainlink (LINK) is one of the crypto industry’s most active projects, with the decentralised Oracle network turning its attention to tokenisation and interoperability. The blockchain’s founder, Sergey Nazarov, spoke at the recent Web3 Festival in Hong Kong to highlight Chainlink’s current goals while keeping an eye on the future. Nazarov identified several key trends in […]

Over the weekend, Bitcoin faced a 13% correction but recovered over 6% by Monday, while prominent altcoins like AVAX, ADA, and DOT saw declines of more than 20%. NEO outperformed with a 35% weekly gain, benefiting from perceptions of Hong Kong as an emerging crypto hub, with analysts highlighting its and VeChain’s regional significance. Despite […]

Less than ten days remain until the most important event in the cryptocurrency sector: Bitcoin’s halving. This event is expected to have a major impact on the sector due to recent developments surrounding the leading digital asset. Some of these developments include the emergence of spot Bitcoin exchange-traded funds (ETFs) and the evolving regulations for […]

A recent report highlights that the collective short interest in stocks from 15 bitcoin mining companies has approached the $2 billion mark. The performance of these mining stocks has declined compared to their stronger start earlier this year, coinciding with the proximity of just 663 blocks remaining until the next reward halving. Impending Bitcoin Halving […]

Bitcoin not performing as expected by majority, unfortunately

A popular analyst says that last week’s marketwide correction has put altcoins in a position to see muted price action in the next few months. Pseudonymous analyst The Flow Horse tells his 211,300 followers on the social media platform X that he expects altcoins to trade sideways until July. According to the trader, the lack […]

Best Crypto Investment: Overview Of 2024’s Top Crypto Presales; BlockDAG’s 20,000X ROI Potential, NuggestRush, and Kelexo  Within the buzzing world of crypto presales, BlockDAG (BDAG) has arrived in the city as a standout with its unparalleled 20,000x ROI potential, overshadowing other promising projects like NuggetRush (NUGX) and Kelexo (KLXO). This exceptional potential in BlockDAG is […]

Bitcoin (BTC) could be worth $91,000 at the bottom of the bear market and $650,000 at the top of the bull cycle upon the full deployment of the cryptocurrency’s exchange-traded funds (ETFs) in the coming years. According to a tweet by Bitcoin analyst Willy Woo, the digital asset can achieve these price targets if investors […]

… cryptocurrency. Jon and Carie Hallford, owners of Return To Nature Funeral Home in Colorado, already face more than 200 criminal charges connected …

The Bitcoin market is currently on edge as prominent analyst Crypto Rover warns of a potential liquidation event that could negatively affect the short holders. With Bitcoin trading within a significant consolidation phase, as revealed by Rover, analysis suggests that over $3 billion in short positions could face liquidation should Bitcoin climb back to a […]

Norway plans to regulate cryptocurrency mining activities in the country by restricting data centers. Two government officials intend to propose a new law that will bring the data center industry under regulatory oversight for the first time in Norway. According to the media outlet VG, Norway’s Digitalization Minister Karianne Tung and Energy Minister Terje Aasland […]

TL;DR Solana now recommends the use of its v1.17.31 update, aimed at addressing recent network congestion issues. Trading volume in SOL-based DEXs has surpassed $1 billion. The growth of DEXs is partly due to the overwhelming success of SOL-based memecoins. Solana has experienced a significant increase in trading volume in DEXs following a major beta […]

TL;DR The Securities and Futures Commission in Hong Kong has approved some Bitcoin and Ethereum ETFs (exchange-traded funds), marking a significant step for the cryptocurrency market in the region. This approval is the first of its kind in Asia, allowing investors to directly invest in real Bitcoin and Ethereum through Spot Bitcoin ETFs, which offer a […]

Michaël van de Poppe views the recent crypto market crash as a reset opportunity, emphasising potential in altcoins and Bitcoin’s halving event. He predicts a prolonged Bitcoin cycle due to increased ETF inflows and a shrinking supply, which could significantly elevate Bitcoin’s market cap. Van de Poppe anticipates a ‘super cycle’ driven by macroeconomic factors, […]

Following Hong Kong’s authorization of the region’s first spot bitcoin and ethereum exchange-traded funds (ETFs), Bloomberg’s senior ETF analyst Eric Balchunas shared his insights on social media about the new additions. Although there were anticipations of notable capital inflows into the Hong Kong ETFs, Balchunas mentioned that while it’s a positive step forward, he emphasized […]

A high-ranking member of the Internal Revenue Service (IRS) says that he is anticipating more crypto cases related to tax violations. In a new interview with CNBC, Guy Ficco, the IRS’s Chief of Criminal Investigation, says that crypto tax crimes – such as not reporting earned income from trading digital assets – are on the […]

Bitcoin miners will have to deal with the double-whammy of block reward reduction and growing competition from AI companies

We’re thrilled to announce the support for bonded on-chain staking strategies for TIA starts now in most regions! Start staking on Kraken Pro How can I start staking? Add crypto assets to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Clients can now stake crypto assets and earn up to […]

Recently, this MIT PhD has caught the attention of the cryptocurrency community. As an intellectual woman, her life was on a smooth trajectory.

The cryptocurrency community is abuzz with speculation as the next Bitcoin halving event approaches. While all eyes are naturally on Bitcoin itself, XRP, Ripple’s native token, has emerged as a surprising source of intrigue. Historical price movements, recent legal developments, and a range of expert predictions are fueling a sense of cautious optimism for XRP’s […]

As the cryptocurrency market experiences a significant downturn, one savvy investor’s decision to liquidate positions at the right moment stands out as a wise move.  The recent 7.6% drop in the total market value of cryptocurrencies highlights the importance of strategic decision-making in navigating volatile market conditions. The investor, referred to as “smart money,” had […]

Bitcoin’s price may be due for another correction despite a strong recovery from its weekend dump to $61,000, according to analysts at CryptoQuant. In a community “quicktake” posted on Monday, Bitcoin and Ethereum trader GAAH noted that the prevailing bullish market sentiment may be getting too hot based on information from the perpetual futures market. […]

Former Treasury Secretary Larry Summers is warning that a potential rate cut by the Federal Reserve would be a serious mistake. In a new interview with Bloomberg Television, Summers comments on the latest core consumer price index (CPI) numbers that came in hotter than expected, saying that no one should be surprised by the presence […]

TL;DR Bitcoin and other cryptocurrencies suffer sharp declines due to geopolitical tensions between Israel and Iran. The fourth Bitcoin halving is scheduled for April 19, 2024, reducing the block reward from 6.25 to 3.125 BTC. Bitcoin, Injective, Dogecoin, and Stacks are gearing up for key events in the coming days. The cryptocurrency industry faced a […]

TL;DR Investor Hesitancy: Digital assets experienced minor outflows of $126 million last week, with Ethereum (ETH) facing the largest withdrawal of $29 million, marking its fifth consecutive week of outflows. Altcoins Attract Funds: Despite the overall outflow, alternative cryptocurrencies like Decentraland, Basic Attention Token, and LIDO saw inflows totaling $9.6 million. Trading Volume Insights: Trading […]

A closely followed crypto strategist thinks that Bitcoin (BTC) is positioned to surge to new all-time highs following last week’s drop to around $60,000. Pseudonymous analyst Kaleo tells his 634,700 followers on the social media platform X that Bitcoin appears to be mirroring its December 2023 to January 2024 price action – when the market […]