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Bitcoin (BTC)
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Crypto Tax Guidance Could Come 'in 12-ish Months,' Says IRS Official.
The IRS' point person for taxation of cryptocurrencies stresses need for community engagement at Consensus 2023 origin »
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Yuga Labs bolsters leadership with gaming industry vets.
Yuga Labs, creator of Bored Ape Yacht Club and Otherside, is adding prominent gaming professionals to its team, including Mike Seavers as its new CTO. origin »
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Yuga Labs Bags Gaming Exec as Dominance of NFT Market Continues.
Yuga Labs makes a high-profile hire in an effort to consolidate its position in the booming NFT industry. The post Yuga Labs Bags Gaming Exec as Dominance of NFT Market Continues appeared first on BeInCrypto. origin »
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This is why SHIB investors may need to remain watchful over the weekend.
Negative sentiments around SHIB were dominant in the market Market indicators supported the bears, suggesting a further price plummet Shiba Inu [SHIB] recently tweeted about an upcoming The post This is why SHIB investors may need to remain watchful over the weekend appeared first on AMBCrypto. origin »
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Cardano: Traders choose sides but could ADA be ready for a bull run?.
The sentiment around ADA remains bullish despite technical indicators support for the bears. Longs have taken the baton of liquidations from shorts. Cardano [ADA] has been one of the top-perThe post Cardano: Traders choose sides but could ADA be ready for a bull run? appeared first on AMBCrypto. origin »
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Congressman McHenry announces joint hearings to address market structure around digital assets.
Patrick McHenry suggested that the hearings will look to add to the regulatory efforts being done on the bipartisan bill led by Senator Cynthia Lummis and Senator Kirsten Gillibrand. origin »
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5 Consensus 2023 Takeaways.
Members of our CoinDesk editorial team got together on Twitter Spaces today to assess the big picture at Consensus 2023 and share their takeaways on the critical issues that will shape how the industry continues to unfold. origin »
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Fed, NYDFS assess their supervisory performance after March’s big bank failures.
Internal reviews of the supervision of Silicon Valley Bank and Signature Bank have been released, showing weaknesses on the part of the banks’ regulators as well as management. origin »
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Polygon Whale Moves Millions In MATIC As The Network’s Exchange Supply Jumps To 5-Week High.
Polygon (MATIC), the Layer 2 scaling solution for Ethereum, has recently witnessed a significant movement of tokens from one of the largest self-custody addresses. origin »|
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Mastercard eyes more crypto expansion moves.
Payments infrastructure company Mastercard is seeking more partnerships with crypto entities to expand its cryptocurrency payment card offering. Reuters reported that the company’s head of crypto and blockchain, Raj Dhamodharan, disclosed this on April 28. origin »
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Samara Asset Group Donates $150,000 To Brink For Bitcoin Development.
Brink, a Bitcoin development community, will use the donation to finance an annual salary of a developer contribution to Bitcoin. origin »
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Why Avalanche's surge in activity could still have traders skeptical about AVAX.
Avalanche witnesses a surge in activity. However, AVAX's price continued to decline. Development activity on the Avalanche network rose significantly. The Avalanche network garnered significThe post Why Avalanche's surge in activity could still have traders skeptical about AVAX appeared first on AMBCrypto. origin »
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Genesis to enter mediation with creditors to continue restructuring plan.
Genesis will enter mediation with its creditors in order to maintain its proposed restructuring plan, Bloomberg said on April 28. According to Genesis’ lawyer, Sean O’Neal, Genesis will engage in a 30-day mediation process with its committee of unsecured creditors. origin »
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Crypto price prediction: OMG Network, Serum, Injective Protocol.
Market intelligence platform Santiment says wide price performance ranges have left crypto assets split between extremely overbought and underbought categories. The price outlook for OMG Network (OMG), Serum (SRM) and Vidt DAO (VIDT) suggests they are most underbought. origin »
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Solana’s On-Chain Data Points Upward Following Big Early Wins In Q2 2023.
Solana (SOL) bulls are in a frenzy following the launch of the first Web3-powered smartphone, which makes users acquire digital assets alongside minting non-fungible tokens (NFTs) effortlessly. origin »|
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Marvel Studios Founder Says Web3 Has 'Same Seed' of His Early Marvel Days.
Marvel Studios’ founding chairman made his first public talk since he sold Marvel to Disney 10 years ago. origin »
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1.4 Billion Indians Could Have Access to Crypto: All Eyes on G20 Summit.
As it prepares to host the G20 summit, India is pushing for global alignment on crypto regulation that could empower its population. The post 1.4 Billion Indians Could Have Access to Crypto: All Eyes on G20 Summit appeared first on BeInCrypto. origin »
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64,000 BTC Added by Bitcoin Whales to Holdings as Price Seeks to Reclaim $30K.
Bitcoin whales have been quietly accumulating origin »
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DOGE Creator Drops Approving Comment on New Netflix Crypto TV Series 'Beef'.
One of DOGE creators says he really likes new Netflix film series where crypto investment and crypto volatility are shown origin »
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Mastercard to expand crypto payment card program.
Raj Dhamodharan, Mastercard’s head of crypto and blockchain, stated that the payment company intends to grow its cryptocurrency payment card program. origin »
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Bitcoin game developer processes more Lightning Network payments for users outside US.
THNDR Games, a Bitcoin game developer, made 13.92% of its April payments to addresses in the United States using the Lightning Network (LN) origin »
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Market makers take notice of Avorak AI, Hedera and Polygon buy pressure at current range.
Market makers play a crucial role in ensuring the liquidity and stability of the financial markets. They provide buy and sell orders for assets and facilitate trading for other market participants. origin »
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Fanton Secures $300K Pre-Seed Funding, Aims to Revolutionize Play-to-Earn Gaming in TON Ecosystem.
According to an official announcement today, the leading play-to-earn game in the TON ecosystem, Fanton, has secured $300,000 in a pre-seed funding round. Fanton Fantasy Football is an innovative online game on Telegram allowing users to create and manage football teams by selecting player cards. origin »
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XRP Scammers Hijack DidYouKnowGaming? YouTube Channel.
Hackers have targeted the well-known YouTube channel DidYouKnowGaming, renaming it as Ripple and using it to promote a XRP cryptocurrency scam origin »
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The Biggest Crypto Predictions for May 2023.
These are the biggest cryptocurrency price predictions for the month of May.
The post The Biggest Crypto Predictions for May 2023 appeared first on BeInCrypto.
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USTC: Will Proposal To Re-Peg Stablecoin Push LUNC To $1?.
In one of the most catastrophic events to ever hit the crypto industry, the prominent algorithmic stablecoin TerraClassicUSD (USTC) – formerly UST – became depegged from the US dollar around a year ago. origin »
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Tether (USDT) Trades at a Premium Against US Dollar in April.
Tether USDT's supply and dominance have returned to their highest level since Terra's UST collapse in May 2022. The post Tether (USDT) Trades at a Premium Against US Dollar in April appeared first on BeInCrypto. origin »
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Venmo will enable fiat-to-crypto payments in May.
Users of the mobile payment service will also be able to receive crypto through a QR code or external crypto address.
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PancakeSwap passes proposal that makes CAKE “ultrasound”.
PancakeSwap, a leading decentralized exchange platform on the BNB Smart Chain (BSC), has passed the CAKE Tokenomics v2.5 Decision Proposal that makes their native token scarcer origin »
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Cardano Network Transactions Surge Despite Market Downturn.
Cardano (ADA) is in a downtrend as it sheds some of its recent price gains. Despite the price decline, it is experiencing a surge in transaction volume on the network. The network holds the enviable reputation of being a developer’s hub, with several exciting projects launched on its network. origin »
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Hong Kong Regulator Prompts Banks to Support Crypto Firms.
The Hong Kong warms to the crypto sector, the city's financial regulator has asked banks to support licensed firms in the city. The post Hong Kong Regulator Prompts Banks to Support Crypto Firms appeared first on BeInCrypto. origin »
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Bitcoin Use Cases Are Seeing ‘Explosive Growth,' Trust Machines Says.
"Bitcoin is fun again because there's a place to build again," said Muneeb Ali, CEO of Trust Machines and co-founder of Stacks, on StageX at Consensus 2023. origin »
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Binance to again set foot in Japan via an acquired exchange.
Binance re-enters Japan with the acquisition of crypto trading platform SEBC. Binance shut its Japanese operations in 2018 after regulators warned it was operating without approval. AccordinThe post Binance to again set foot in Japan via an acquired exchange appeared first on AMBCrypto. origin »
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Sparklo (SPRK) To Overtake Loopring (LRC) And Tron (TRX) As Experts Analyze Its Potential.
New players are surfacing as the Bitcoin industry develops, which has the potential to upend everything. One of these participants is Sparklo (SPRK), and industry insiders believe great things are in store for this blockchain-based investment platform. origin »
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Crypto Biz: Google bullish on blockchain, UK’s $125M AI pledge, Voyager and Binance.
This week’s Crypto Biz explores Google expanding its Web3 program, the U.K.’s $125 AI pledge, FTX selling LedgerX and Binance.US backing out of its Voyager purchase. origin »
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Signature Bank collapse due to regulators, management.
The fall of Signature Bank (SBNY) has been linked to a combination of executive mismanagement and insufficient intervention by federal regulators. origin »
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FBI Raids the Home of FTX Executive Ryan Salame.
Former FTX Digital Markets co-CEO Ryan Salame is being investigated for the role he played in Sam Bankman-Frieds empire. He is currently under scrutiny for the $24 million in political... origin »
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Binance Coin (BNB) Price Analysis for April 28.
How deep can correction of Binance Coin (BNB) go? origin »
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Web3 News From Consensus.
A special edition of The Airdrop on the ground in Austin at CoinDesk's festival. origin »
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Bitfarms stock still has another 80% upside from here, analyst says.
H. C. Wainwright analyst sees upside in Bitfarms to $2. 0 a share. He explained his constructive view in a research note on Friday. Bitfarms stock has already nearly tripled since the start of 2023. origin »
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Bermuda Premier David Burt: 'Nobody Is Coming to Bermuda to Flee Regulation'.
Five years after the island jurisdiction passed its digital assets regulation, a steady stream of companies is coming to Bermuda to be regulated. origin »
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PayPal's Venmo Adds Crypto Transfers.
Payments giant PayPal is further embracing the cryptocurrency market by introducing a new feature for its popular mobile payment service, Venmo origin »
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Crypto Adoption Accelerates as Visa and Mastercard Continue to Accept Industry.
Payment giants Visa and Mastercard are speeding up the crypto revolution with a series of collaborations and initiatives. The post Crypto Adoption Accelerates as Visa and Mastercard Continue to Accept Industry appeared first on BeInCrypto. origin »
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Kevin O’Leary Throws Shade at Taylor Swift Over FTX $100M Promo Deal.
Kevin O'Leary said in a recent interview that institutional investment in crypto is dead as Bitcoin is stuck between $17,000 and $35,000. The post Kevin O’Leary Throws Shade at Taylor Swift Over FTX $100M Promo Deal appeared first on BeInCrypto. origin »
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Tax law researchers propose IRS framework for deducting crypto losses.
A recently published study appears to advocate for the isolation of crypto assets from other tax deductions where losses are concerned. origin »
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Newscrypto Coin price prediction: NWC looking at potential 100% rally.
Newscrypto Coin (NWC) price has seen a slight decline today, trading near $0. 12 after giving up gains from highs of $0. 18 on 14 April 2023. Crypto analyst says the token could break higher and rally 100% or more over coming months. origin »
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Arbitrum (ARB) Unexpectedly Beats Ethereum, Price Reacts.
Arbitrum clearly here to stay as L2 network beats L1 version origin »
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Unlike ChatGPT, which has already reached the public, China’s AI chatbots are yet to do so..
China has yet to experience the ChatGPT craze that swept the nation more than two months ago, as no similar AI-based product has reached the general population. While Baidu, Alibaba, and other companies have released alternatives, they have only limited access with waitlists or are restricted to business partners. origin »
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XRP Lawsuit: The SEC Underestimated Ripple, Asserts Law Professor — Here’s Why.
The SEC may have played its cards wrong in its move against Ripple about three years ago, J.W. Verret associate professor of law at George Mason Law School has said. origin »|
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Crypto-friendly Cross River Bank under fire from FDIC, details inside.
New Jersey-based crypto-friendly Cross River Ban received a consent order from the FDIC seeking further oversight, even as the action isn't tied to its crypto activities. The bank is well knownThe post Crypto-friendly Cross River Bank under fire from FDIC, details inside appeared first on AMBCrypto. origin »
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