Crypto news

The volatile nature of the cryptocurrency market has prompted many smart investors to adopt the age-long investment strategy of diversifying their crypto holdings to reduce risk. This diversification, however, poses a new problem as users find it difficult to keep track of their crypto assets, especially as they grow in value. Crypto portfolio trackers have become essential tools for everyone looking to prevent the possible consequences of losing track of their investments....

Turkey is not going to impose taxes on profits from trading crypto assets and stocks, clarified an official from the country’s finance ministry. The clarification comes after news reports mentioning Ankara’s plans to impose crypto taxes started making rounds few days ago. According to news reports from earlier this week, Mehmet Simsek – Turkey’s treasury and finance minister announced plans to put the country on the path of economic recovery.  Taxing income from cryptocurrency and stock...

TL;DR Jim Cramer suggested the SEC has lost its case against Ripple, sparking mixed reactions due to his past inaccurate crypto predictions. The lawsuit started in December 2020 over unregistered securities allegations, with the company securing partial court wins in 2023, potentially impacting XRP’s price volatility. Mixed Feelings Following Cramer’s Claim Earlier this week, the popular American TV personality Jim Cramer participated in a discussion with the US SEC’s...

[PRESS RELEASE – Seoul, Korea, June 6th, 2024] XOCIETY, a AAA third-person shooter game, has successfully closed a $7.5 million pre-Series A funding round. The round was led by Hashed and the Sui Foundation, with additional investment from other prominent gaming entities such as Spartan, Neoclassic, Bigbrain Holdings, and KRAFTON. The funding builds off the success of XOCIETY’s beta testing, which accrued over 3000 users from 76 countries, reaching over 11,000 hours of...

In 2024, the United States Securities and Exchange (SEC) made the historic decision to approve the trading of spot Bitcoin exchange-traded funds (ETFs). This opened a new chapter in the cryptocurrency industry, further legitimizing BTC as an investment option that regulators deem worthy of regular investors’ access. However, there are multiple intricacies associated with buying and selling spot BTC ETFs, so we’ve prepared the ultimate guide to which ones are the best, their...

Connexus Crypto: Bitcoin-Wechselstube in Tiflis, Georgien. Vielleicht die bekannteste Crypto-Wechselstube, direkt beim Freedom-Platz in Tiflis. Georgien, ein Land an der Schnittstelle zwischen Europa und Asien, hat sich in den letzten Jahren zu einem interessanten Standort für Bitcoin-Mining und Kryptowährungen entwickelt. Mehrere Faktoren tragen zu dieser Entwicklung bei: Eine Bitcoin-ATM der Marke Lamassu an einer Tankstelle auf dem Lande in Georgien. Connexus Crypto:...

Paxos Trust Company, the issuing entity behind famous stablecoins PayPal USD (PYUSD), Pax Dollar (PUSD), Pax Gold (PAXG), and the now defunct Binance USD (BUSD), has introduced its new stablecoin – the USD Lift (USDL). The stablecoin will be distributed by Paxos’ UAE-based affiliate, Paxos International. USDL is a yield-generating stablecoin that allows users to accrue interest as they hold the asset, thus working as a “savings product than a checking account product,” said Charles...

From a modest price of $0.02 in its Seed Stage, Algotech (ALGT) has proved its immense investor interest and demand in its ongoing presale. The new coin looks poised to outshine Avalanche (AVAX) and Uniswap (UNI), which have solidified their positions as some of the best altcoins to buy due to their price increases in 2024. Let’s see what ALGT has over AVAX and UNI as the best crypto to buy now! Algotech Earliest Investors Pocket a 300% Interest Algotech (ALGT) is a new presale crypto that...

Der Bitcoin-Preis hat erneut ein Allzeithoch erreicht und elektrisiert Anleger weltweit. Doch während die Euphorie greifbar ist, sollten potenzielle Investoren die damit verbundenen Risiken nicht unterschätzen. Bitcoin ist beliebt, die grossen Bitcoin-Börsen sehen grossen Zulauf. Die Kehrseite des Höhenflugs Volatilität: Bitcoin ist berüchtigt für seine extremen Kursschwankungen. Ein Allzeithoch kann schnell in einen rapiden Preisverfall umschlagen. Korrekturgefahr:...

BNB, Binance Chain’s native asset, has registered a new all-time high (ATH) of about $712 to prove its place as a top-five cryptocurrency. Many tokens deployed on its chain also saw a massive spike in activity, with Floki and PancakeSwap’s CAKE gaining 15% and 25%, respectively. The BNB ecosystem has since witnessed a rise in TVL by over $2.4 million as of Wednesday, showing increased user interest in its DeFi ecosystem. The largest chunk of the inflows was channeled into PancakeSwap’s DEX,...