Crypto news

The US government transferred 58.742 BTC – worth nearly $4 million, to crypto exchange Coinbase on Monday. According to the latest data compiled by blockchain analytics firm Arkham Intelligence, the transfer came from an address labeled “US Government: Ryan Farace Seized Funds,” identified on the blockchain as 3B2jEBZi8fJWGEDrh6Pe7hDMaJ6iGfFtaU. These funds were confiscated three years ago from a Maryland resident, Ryan Farace, who was convicted in 2018 for selling...

India has decided to uphold its existing crypto tax regulations for the 2024/25 fiscal year despite ongoing appeals from industry leaders for a reduction in the current rates. Finance Minister Nirmala Sitharaman confirmed this decision during her budget presentation on Tuesday for the 2024/25 fiscal year. India’s Latest Budget Keeps 1% Crypto TDS India’s latest budget presentation comes five months after the interim budget maintained the 1% tax deducted at source (TDS) rate...

[PRESS RELEASE – Taiwan, Taiwan, July 23rd, 2024] BNB Chain has announced the second iteration of BNB Incubation Alliance (BIA), set to take place on 26 July 2024 during Bitcoin 2024 in Nashville. This event aims to support and accelerate the growth of early-stage blockchain projects on BNB Chain. The vision of BIA is to empower startups and Web2 businesses to bridge the gap and become successful, full-fledged Web3 businesses within the BNB Chain ecosystem. Information on BIA...

Die Vorstellung, dass Bitcoin den US-Dollar als globale Reservewährung ablösen könnte, ist ein faszinierendes und umstrittenes Thema. Während der Dollar seit Jahrzehnten diese Rolle innehat, hat das Aufkommen von Bitcoin als dezentrale, digitale Währung Fragen über die Zukunft des globalen Finanzsystems aufgeworfen. JUST IN: CNBC discusses the idea of the U.S. potentially holding #Bitcoin as a reserve currency under Donald Trump 🇺🇸 pic.twitter.com/u6FPLrCltr — Bitcoin...

Bitcoin miners are in the green again following BTC’s massive recovery over the past week. On-chain data suggests miners’ BTC sales to upgrade machinery and sustain operations are ending. The Miner Sustainability metric, an indicator that evaluates the profitability of mining activities after accounting for the cost of hardware and operations, shows that this cohort of market participants is now fairly paid. This marks miners’ return to profitability for the first time in a...

TL;DR The presidential elections in the United States could severely affect the cryptocurrency market. Trump’s possible victory might boost BTC due to his pro-crypto stance, while his potential loss could have the opposite effect. Biden’s withdrawal has Trump and Harris tied at 44% support each, while Robert Kennedy trails behind. Bitcoin’s Possible Reaction The US presidential elections, scheduled for November this year, have been a highly intriguing topic recently due to...

[PRESS RELEASE – Majuro, Marshall Islands, July 23rd, 2024] Multipool, a leading innovator in the blockchain and cryptocurrency industry, today announces a strategic investment from Kronos Research. This investment solidifies Kronos’s stance of on-chain order books being the future of the industry and marks a significant milestone in strategic cooperation between the two companies and their commitment to decentralized finance. “We’re absolutely thrilled to be working with...

Ethereum ist ein quelloffenes verteiltes System, welches das Anlegen, Verwalten und Ausführen von Programmen bzw. Kontrakten in einer eigenen Blockchain anbietet. Es stellt damit einen Gegenentwurf zur klassischen Client-Server-Architektur dar. Plötzlich ging es ganz schnell – die Erfolgsserie von Kryptos in 2024 reißt nicht ab. Vor wenigen Stunden hat die US-Börsenaufsichtsbehörde SEC tatsächlich die Ethereum-Spot-ETF-Anträge von BlackRock und Co. genehmigt. Ein nächster...

Trump hat Senator J.D. Vance zu seinem Vizepräsidentschaftskandidaten ernannt. J.D. Vance ist ein Pinonier in Sachen Technik und hat u.a. einige interessante Investitionen getätigt. Unter anderem in die Video und Crypto Plattform Rumble. Seit jeher arbeitet J.D. Vance mit Peter Thiel zusammen, dem Finanz- und Startup Investor, der in Frankfurt am Main geboren wurde: J.D. Vance und Peter Thiel sind zwei Namen, die in den letzten Jahren in verschiedenen politischen und technologischen Debatten...

Spot BTC ETFs in the US have recorded a whopping $17 billion in net inflows as of last week since their launch in January. The massive interest in these products depicts how institutional investors believe in the wealth multiplication abilities of BTC. Out of the 11 spot BTC ETFs issued in the US, investors have made their favorite clear. BlackRock’s IBIT fund alone has been responsible for amassing $18.968 billion since day one. Fidelity’s FBTC fund trails behind, gathering impressive net...