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Staking rewards are now taxable, says IRS.

The Internal Revenue Service (IRS), the leading tax authority in the United States, recently released Revenue Ruling 2023-14, providing clarity on the taxation of income derived from crypto staking.  The ruling categorizes cryptocurrency staking rewards, along with various other income… origin »

Regulators Tell Nigerians To Stay Away From Binance, Here’s Why.

Nigeria’s Securities and Exchange Commission (SEC) has warned Nigerians against investing or trading on Binance, the world’s largest crypto exchange by trading volume. The Commission, as part of its “statutory mandate of investor protection,” warned local investors of the risk of trading in crypto assets, tagging it as a “high level of risk” which may […] origin »

Dubai expands crypto licenses, granting approval to Nomura.

Dubai has granted a coveted full crypto license to a subsidiary of Japanese financial giant Nomura Holdings Inc. , according to BNN Bloomberg. This license represents further progress in Dubai’s ongoing pledge to position itself as a dominant hub within the crypto landscape, coming days after Binance received an MVP Operational permit from Dubai. origin »

Huge DOGE Transfer Ignites Twitter Speculation.

A large-scale transfer of 99,999,996 Dogecoin (equivalent to about 7. 7 million USD) has been carried out from Binance to an unknown wallet. This transaction, tracked and reported by Whale Alert, has sparked further wild speculation around the potential involvement of Twitter, under the ownership of the high-profile tech entrepreneur Elon Musk, in Dogecoin. origin »

Bitcoin Drops Under $29,000, Here’s Where BTC Could Find Support Next.

Bitcoin has plunged below the $29,000 level during the past day. According to on-chain data, here’s the next level that could act as major support. Bitcoin Short-Term Holder Realized Price May Be The Next Support Level As pointed out by an analyst in a CryptoQuant post, the realized price of the short-term holders at $28,000 could be an essential level for the asset. origin »

By The Numbers: What Percentage Of Uniswap Traders Are Bots?.

Data from Glassnode has revealed what percentage of traders on Uniswap are bots, and what percentage are humans. Here are the exact numbers. The Dominance Of Each Trader Type On The Uniswap DEX In its latest weekly report, the on-chain analytics firm Glassnode has looked into the various underlying metrics related to Uniswap. One of […] origin »

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Bitcoin Bollinger Bands Are The Tightest Ever, What Happens Next?.

Last week, the 1W Bollinger Bands in Bitcoin reached its tightest level ever. The volatility measuring tool typically doesn’t give any indication of direction, however. Using historical data, we’ve taken all previous instances of extreme lows and the resulting direction — up and down — and discovered the success rate of the signal. origin »

Sell The News? Litecoin Traders Capitulate Ahead Of Today’s Halving.

On-chain data shows that Litecoin traders are showing signs of capitulation as the asset’s much-anticipated halving event is only a few hours away now. Is Litecoin Halving A Buy The Rumor, Sell The News Event? The “halving” here refers to a periodic event where Litecoin’s block rewards (that is, rewards that miners receive for mining blocks) are permanently cut down in half. origin »

Зак Пандл: «Перспективы восстановления ВТС зависят от степени просадки экономики США».

Топ-менеджер Grayscale уверен, что восстановление рынка криптовалют в этом году может продолжиться только в том случае, если экономике США удастся снизить инфляционные ожидания инвесторов. источник »

German Data Watchdog Investigates Worldcoin Amid Ongoing Issues.

Sam Altman’s brainchild, Worldcoin (WLD), is facing scrutiny as the Bavarian state regulator in Germany has been actively investigating the project for a full year. According to Michael Will, the President of the Bavarian State Office for Data Protection Supervision, the regulator has expressed apprehensions regarding WLD’s ambition to handle “sensitive data on a very […] origin »

Litecoin Halving Happening In 4 Hours: Buy Or Sell Signal?.

The Litecoin (LTC) halving is now here and the event is currently the most-watched among crypto investors. In addition to the anticipation of the cut in rate of supply, there are also speculations around the digital asset and what the current halving could mean for it. Is It Time To Buy Or Sell LTC? The […] origin »

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