Domestic firms were previously required to pay tax on paper gains from their cryptocurrency holdings but now only need to do so when they sell the …

Bitcoin dropped on Christmas Eve by roughly a grand and briefly went below $43,000 but has managed to bounce off above that level as of now. Polkadot is the top performer from the larger-cap alts now, with a 5% increase on a daily scale. In contrast, SOL and AVAX have cooled off after the recent […]

El Salvador’s government has welcomed with open arms foreigners who want to make Bitcoin donations to government development programs. A recent report noted that a surprise vote on December 20th a legislature was passed, which will come into effect in the coming days. Foreigners Can Secure El Salvador Citizenship Through Bitcoin Donations A recent report […]

Decentraland (MANA) gained a lot of attention due to its virtual world in which players can buy, sell or explore digital real estate and engage with interactive applications. Recently, it saw a price upswing that gave it significant attention, but it’s not alone.  Shiba Inu (SHIB) is a stand-out meme-inspired token that initially took the […]

The price movement of XRP has had its ups and downs this year, reflecting the volatile nature of cryptocurrencies. The crypto has increased by 74% this year, following the general bullish sentiment among cryptocurrencies. XRP went on a noticeable price spike in the middle of the year, although the price increase is currently calm and […]

Bitcoin ETF amendment deadline set, is US SEC ready to grant approval now?

A top trader who caught the crypto rally at the start of the year is unveiling his outlook for Bitcoin as market participants eagerly await the potential approval of spot market BTC exchange-traded funds (ETFs). Crypto analyst DonAlt tells his 55,600 YouTube subscribers that the approval of a spot-based BTC ETF will likely induce increased […]

The world of cryptocurrencies has been turned upside down with the emergence of controversies surrounding cryptocurrency exchange MexC. For …

This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Click here to download a PDF of this article. Come with me to the land of saffron and rosewater for a story lost in the annals of history. This ancient kingdom, rich in history and once […]

The Central Bank of Nigeria (CBN) has lifted a ban preventing banks from operating accounts for cryptocurrency service providers in the country. According to a December 22 circular sent to banks, the affected financial institutions can now open accounts for Virtual Assets Service Providers (VASPs) registered with the Securities and Exchange Commission (SEC) in line with […]

Interest in altcoins, such as Polkadot, has significantly increased as the year draws to a close. After posting an impressive 47% gain in December, Polkadot (DOT) has become a standout performer in the cryptocurrency market. Polkadot Surges 20% In the latest development, the value of DOT has rapidly increased, rising by an impressive 20% in just the […]

BitMEX founder Arthur Hayes says the traditional finance (TradFi) world could gain dangerous levels of power over Bitcoin (BTC) if they manage to control spot BTC exchange-traded funds (ETFs). In a new essay, the crypto veteran says that if ETFs managed by TradFi asset managers are too successful, “they will completely destroy Bitcoin.” Hayes says […]

One indicator is suggesting that new all-time highs for Bitcoin (BTC) are no more than two months away, according to a closely followed crypto analyst. The pseudonymous analyst TechDev tells his 425,000 followers on the social media platform X that Bitcoin’s on-balance volume (OBV), a trend indicator that uses volume flow to anticipate price changes, […]

Seasoned trader Peter Brandt says he’s no longer expecting the leading altcoin Ethereum (ETH) go on a big move to the downside. Last week, Brandt told his 707,300 followers on the social media platform X that he was shorting Ethereum, predicting that ETH could tumble to as low as $650. In an update, the veteran […]

For weeks, a dog-themed Solana meme coin relentlessly dominated Crypto Twitter discourse, with no end in sight. But it would finally appear that BONK fever has broken—thanks to… another dog-themed Solana meme coin. Dogwifhat (WIF), an upstart meme coin depicting exactly what you’d think it would, rocked Twitter this week after climbing a ludicrous 227,000% […]

It’s just a little above two years ago that Bitcoin experienced its all-time-high. Around November 2021, the price of Bitcoin soared up to a peak of $69,004, and the price predictions around BTC signals a potential for Bitcoin to rise to its ATH, and possibly surpass it. Alongside Bitcoin, Meme Moguls is also poised for […]

Solana (SOL) reshaping crypto narrative, outpacing Ethereum (ETH) with impressive 300% growth, prompting discussions on potential flippening

The Central Bank of Nigeria (CBN) has lifted the ban on Nigerian banks facilitating cryptocurrency transactions.

On the 30th of July, four Curve Finance pools were exploited due to a re-entrancy bug made possible by the Vyper programming language. The hackers attacked four mining pools and made off with a total of $73.5 million. Almost immediately, the community sprang into action – Curve itself extended the standard olive branch, offering to […]

Decentralized finance (DeFi) protocol Curve Finance (CRV) says it will compensate users who sustained losses as a result of a massive security breach earlier this year. In late July, a vulnerability with the programming language Vyper 0.2.15 enabled hackers to exploit several liquidity pools on the platform, leading to losses of around $70 million. The […]

JPMorgan Chase is accused of refusing to stand by a customer after a thief launched an alleged $1,500 unauthorized spending spree on Uber. A post shot to the top of the r/Chase community forum on Reddit this week as a woman said someone stole her debit card information and spent about $1,500 in 40 transactions. […]

According to a report from crypto analytics firm IntoTheBlock, Ethereum has recorded an 85% increase in its market cap over the last year, moving from around $149.18 billion to its current value of $275.98 billion. However, in comparison with other major assets, ETH performance still leaves more to desire, especially considering the many positive developments […]

How great is chance to see ongoing rise of Ethereum (ETH)?

Parallel sets a new standard for NFT card games while breaking free of the broader genre mold—and that’s why it is GG’s Game of the Year for 2023. The space opera trading card game (TCG) is free-to-play with optional NFTs and requires an incredible amount of strategy and card knowledge to climb its highly competitive […]

Over the past week, XRP has demonstrated subtle price fluctuations, hovering between $0.62 and $0.61, while other top-20 cryptocurrencies like Cardano (ADA), Arbitrium (ARB), and Solana (SOL) experienced more pronounced upward movements. Insights from Analyst Ali_Charts on X reveal intriguing activity among Ripple whales, indicating the acquisition of approximately 360 million $XRP within the week. […]

The cryptocurrency community is bullish as the SEC's approval of a spot Bitcoin ETF seems likely in 2024. Financial behemoths, including BlackRock …

A top executive of a crypto asset management firm says that the company has sold its multi-million dollar claim in FTX’s bankruptcy. In a lengthy thread, Ikigai Asset Management chief investment officer Travis Kling tells his 98,100 followers on the social media platform X that the firm sold its $65 million claim in FTX’s bankruptcy […]

Billionaire Tim Draper is updating his outlook on Bitcoin (BTC), saying that the mass consolidation of crypto tech is coming to the flagship digital asset. In a new interview with Coin Bureau, the venture capitalist likens BTC to Microsoft, saying that it will serve as the main platform for developers within the industry to launch […]

The EthereumPoW (ETHW) announced its decision to dissolve the organization after in-depth discussions and based on a consensus among the majority, thereby fulfilling the commitments made during the initial fork. According to the official blog post, the entity said the decision aligns with its plans to transition to complete decentralization. EthereumPoW Embraces Autonomy The “unanimous” […]

The flagship cryptocurrency, Bitcoin, seems to be cooling off following months of experiencing a resurgence on the back of the Spot Bitcoin ETF potential approval rumors. This has led to concerns that the rally might be over, a theory that is boosted by the recent action of the largest holders of the crypto token. Bitcoin […]

Arthur Hayes reveals potential existential threat to Bitcoin

The U.S. Securities and Exchange Commission (SEC) has copped to making an inaccurate statement in an ongoing crypto fraud case after being questioned by a judge. In July, the regulator obtained a temporary asset freeze, restraining order and other emergency relief against Digital Licensing Inc., a Utah-based company that was doing business under the name […]