In a recent development, German lawmakers have allowed German companies to hold cryptocurrencies. The law comes into effect on 2nd of the August. It is another massive step by one of the most important European nations. An estimated $415 billion worth of…
The total amount of Bitcoin that whales are withholding has hit a new all-time high, especially after seeing a 3.5 months decline. According to the data provided by Glassnode analytics agency, the illiquid Bitcoin supply suggests that the supply is soaring and…
Business analytics firm MicroStrategy, which owns more bitcoins than any other private or corporate business organization, posted its biggest loss ever Thursday because of the digital currency’s gigantic crash last quarter. However, the organization’s long-lasting CEO Michael Saylor said the organization will…
Germany has recently gone crypto pro. It comes with its own perks that include; the standard financial companies and asset managers are given a free hand for crypto investment, diversification of their investment portfolio, and fully exploring the Defi decentralized universe. Dekabank,…
The IRS has made an unpretentious, however, critical change in how the citizens should report digital currency taxes in their filings and tax returns. It is a welcome positive development, as it helps eliminate a portion of the disarray that the organization…
As per the latest reports, a blockchain-based project has made a statement in regards to its ambition in the global sector. The blockchain platform has announced that it wants to continue advancing more into the technology. The firm wants to introduce more…
The International Monetary Fund finally opens up on its concerns regarding El Salvador’s step to accept bitcoins as legal tender. There is not much swept under the carpet here. El Salvador’s decision was appreciated by the crypto community all across the globe….
Mike McGlone is a well-known commodity strategist who has been associated with Bloomberg for many years. McGlone recently expressed his expert opinion on the direction of the Bitcoin market. According to him, Bitcoin has a better chance of resetting at $60K rather…
Uniswap has managed to become a popular DEX (decentralized exchange) in the crypto industry, despite its flaws and shortcomings. The development firm which is largely responsible for its success, Uniswap Labs, recently announced this past Friday that it should be cutting off…
As per the latest reports, another basketball team has joined the much-adopted blockchain-based platform known as Socios. Socios has gained tremendous growth and adoption in the sports sector for creating and launching tokenized coins. These tokens are for the fans and enthusiasts…
As per the latest reports, MicroStrategy has made a vow that it is going to continue with its activities of purchasing Bitcoin (BTC). The mobile software and business intelligence firm has announced that it is going to continue buying more and more…
As per the latest reports, a new decentralized exchange (DEX) platform has been launched by Karura. Karura is reportedly the network that was launched by the Acala protocol. According to sources, the name of the new platform is Karura Swap. As per…
The government of South Korea has proposed an amendment to its tax code for allowing the tax authority in the country to seize and sell crypto that belongs to delinquent taxpayers. A government official said that the revision will enable direct seizing,…
Bitcoin surged 12% earlier on Monday, recording another high at $39,230. For now, the leading crypto attempts to break from a price zone that held it for about two months. Keep in mind that Bitcoin has traded in the $30,000 to $40,000…
This week is a big one for the tech industry, with some prominent companies to post their earnings report for the second quarter of 2021. The list includes Tesla, which is scheduled to do so after market hours on Monday. Investors are…
Convenience store chain Circle K in a press release announced to install multiple bitcoin ATMs in the stores. The statement was made after an agreement has been signed between both parties. The installation of new ATMs will be an addition to already…
A common similarity between the more traditional markets and that of crypto is that of the ‘extreme fear’ which seems to show itself every now and then. Most recently, this level of fear has been exhibited by numerous investors regarding Bitcoin (BTC)’s…
The new Bitcoin tender law introduced by the regime of one Nayib Bukele may be appreciated by some Salvadorians located near the Playa El Zonte beach, but a number of other citizens don’t feel the same way about it. As per the…
Although BTC (Bitcoin) is generally considered to be a stock of value by many people, a portion of the customers around the world may be thinking differently. It has been shown by the recent data that up to 46M people intend to…
The reporter allegedly claimed that Virgil Griffith is likely to spend two months in jail, as his case will be put forward to court for hearing in September. The Ethereum developer is accused of violating the security protocols of his bail and…
