Cryptocurrency
South Korea Delays Crypto Tax Implementation to 2025
South Korea’s cryptocurrency investors can breathe a sigh of relief as the government has delayed the implementation of new virtual asset tax regulations until January 2025. The new rules, which...
Shibarium and Beyond: Can Shiba Inu Ecosystem Drive a Rebound?
Shiba Inu (SHIB) is currently trading at $0.00001359 after an 8% decline. The dog-themed token has lost 36% of its value in a single month, struggling in the second half...
Should Governments Hold Bitcoin? German Debate Highlights Global Dilemma
A German lawmaker has criticized her government’s decision to sell Bitcoin holdings, sparking a debate over the role of cryptocurrencies as strategic assets for nation-states. In a most recent post...
Ethereum Plunges Below $3,000 – Is This the Start of a Bear Market?
Ethereum fell below the psychologically significant $3,000 mark on Friday, driven by large transfers to exchanges by Ethereum whales along with broader market weakness. The decline has sparked concerns among...
Taiwan Mobile Acquires Crypto Exchange, Joins VASP Ranks
Taiwan Mobile, a leading telecommunications provider, has purchased a cryptocurrency exchange, becoming the 26th Virtual Asset Service Provider (VASP) in Taiwan. General Manager Lin Zhichen heads the company, with Taiwan...
Analysts Weigh In: Labour’s Crypto Policies Post-Election Victory
Reports suggest Keir Starmer could become the UK’s Prime Minister, replacing Conservative Prime Minister Rishi Sunak. The Labour Party won Thursday’s UK General Election, ending 14 years of Conservative rule...
How Labour’s Win in the UK Elections Could Transform Crypto Regulations
The Labour Party’s impending victory in the UK general elections has sparked discussions regarding its implications for the cryptocurrency market, as experts suggest delayed developments in cryptocurrency policies. Keir Starmer...
Can XRP $0.3975 Support Hold Against Bearish Momentum?
XRP is searching for stability after experiencing a significant downtrend. As noted by Bill Morgan, a lawyer and crypto enthusiast, XRP’s price has fallen to just over $0.40, with a...
Liquidations, Government Dumps, and Mt. Gox Transfers: How Much More?
Bitcoin’s price is under pressure as a major options expiry coincides with large-scale Bitcoin movements from the defunct exchange Mt. Gox and the German government. This confluence of events has...
The Rise of “Ethereum Slayers”: Can They Dethrone the DeFi King?
Ethereum’s dominance in the DeFi space is facing a significant challenge as new blockchain platforms with substantial Total Value Locked (TVL) have emerged in the first half of 2024. This...
Crypto Winter Looms: Bitcoin, Ethereum Lead Market Decline
The crypto market experienced a sharp decline in the past few hours. The leading digital asset, Bitcoin (BTC), fell below the $55,000 price level while Ethereum (ETH) dropped below $3,000,...
XRP vs. Bitcoin & Ethereum: Why the Altcoin Is Lagging Behind Despite Bullish Sentiment
XRP, the cryptocurrency known for its ties to Ripple, continues to face significant downward pressure alongside the broader crypto market. As of the latest data, XRP has hit a low...
The Aftermath of Bitcoin Halving: Miners’ Struggle and the Road to Recovery
Recent data from CryptoQuant suggests the Bitcoin mining industry is experiencing capitulation, a potential indicator that Bitcoin’s price may be nearing a local bottom. The market intelligence platform analyzed metrics...
Inside South Korea’s New Crypto Monitoring System to Combat Fraud
South Korea is ramping up its fight against crypto fraud as a new digital asset law looms. The country’s financial regulator, the Financial Supervisory Service (FSS), is establishing a comprehensive...
Russia’s Stablecoin Gambit: What It Means for the Future of Global Finance and Crypto
Russia is exploring the legalization of stablecoins for international payments, a move aimed to circumvent Western sanctions and bolster its economic ties with non-Western partners. This policy shift, reported by...
Crypto Industry Power Shift: Democrats’ Secret Weapon to Challenge Trump’s Influence
The battle for influence over the cryptocurrency industry is heating up as Democratic Representative Ro Khanna moves to counter Donald Trump’s growing support within the sector. Khanna’s upcoming roundtable discussion...
Crypto Security in 2024: SlowMist’s Q2 Analysis and Key Takeaways
Blockchain security firm SlowMist released its Q2 2024 analysis, detailing trends in cryptocurrency theft. The firm received 467 stolen fund reports, with 146 from international sources and 321 domestic. Based...
Sam Altman’s Worldcoin Adds Key Player: A Hail Mary for $WLD or Just Hype?
Sam Altman-backed Worldcoin (WLD) has recently recruited a notable figure to its team, sparking interest in the potential impact on the token’s price. Currently priced at $2.29, Worldcoin has declined...
Crypto Market Dips, But Santiment Data Reveals Undervalued Altcoins
The crypto market has endured weeks of bearish volatility, with Bitcoin (BTC) recently falling back to the $60,000 level after a brief rally to $63,000. However, market watchers remain optimistic,...
Fed’s ‘Disinflationary Path’ Signals Potential Rate Cuts: What Does it Mean for Crypto Investors?
Global markets rallied on Tuesday, buoyed by Federal Reserve Chair Jerome Powell’s comments suggesting the possibility of U.S. interest rate cuts. However, European markets remained cautious amidst political uncertainty in...
Paxos Gets DBS Bank Backing for Stablecoin Launch in Singapore
DBS Group Holdings Ltd., Singapore’s largest bank, is deepening its foray into the digital asset sector by offering custody services for stablecoin reserves in partnership with Paxos Trust Co. This...
Altcoin Bull Run: Expert Analysis and Market Predictions
A crypto analyst has predicted an imminent altcoin bull market, citing falling bond yields, historical price patterns, and the potential approval of an Ethereum Exchange-Traded Fund (ETF) as key drivers....
Justin Sun’s Plan to Boost TRON: Stablecoin Integration, Team Expansion, Meme Power
H.E. Justin Sun, the founder of TRON, has outlined a comprehensive strategic roadmap designed to strengthen TRON (TRX) amidst a volatile crypto asset market. Sun’s key objectives include integrating stablecoin...
Data Doesn’t Lie: Bitcoin’s $60K Surge Signals a Summer of Gains
Bitcoin’s recent surge above the key $60,000 mark, driven by substantial buying activity, is signaling a potentially bullish July for the cryptocurrency. On-chain data reveals strong demand, with 237,000 addresses...
German Government Sells 400 Bitcoins, Crypto Community Questions Timing and Strategy
The German government’s recent sale of 400 Bitcoins, worth nearly $95 million, has sparked criticism from the crypto community, who question the timing and strategy behind the move. This latest...
