Crypto news

[unable to retrieve full-text content]CoinspeakerCrypto Tax Delay Proposed in South Korea Ahead of Elections The ruling People Power Party of Korea believe that the establishment of regulations for cryptocurrencies is more important than implementing immediate taxation. Crypto Tax Delay Proposed in South Korea Ahead of Elections

Ethereum has recently surged with notable momentum, signaling a bullish uptrend. This increase has seen the price reclaim a critical resistance level, reflecting strong buyer confidence and market participant optimism. By Shayan The Daily Chart A thorough analysis of Ethereum’s daily chart reveals a significant shift in market sentiment, characterized by an impulsive uptrend and heightened bullish momentum. Accordingly, the price has approached a crucial multi-year...

Grayscale GBTC’s outflows have been experiencing outflows. Data shows that as of February 16th, the total funds withdrawn from GBTC since its conversion to a spot Bitcoin ETF have amounted to $7 billion. While the figure appears to be slowing down considerably, the once-premier fund is seeing stiff competition from ETFs by BlackRock and Fidelity, which have grown their asset bases with inflows. GBTC Outflows Hit $7B The bulk of the exodus happened in January, with $5.64...

Bitcoin’s price has been rallying consistently over the last few weeks, breaking past several resistance levels. Yet, some worrying signs are starting to emerge. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has rallied toward the $52K resistance level after a rebound from $40K earlier in January. While the market is testing the $52K level, the Relative Strength Index is demonstrating a clear overbought signal. This could point to a...

TL;DR Binance will discontinue support for specific leveraged token pairs, converting any held by users into USDT. The move is part of the company’s ongoing effort to refine its product offerings. The world’s largest cryptocurrency exchange – Binance – announced it will cease support for the following leveraged token pairs: BNBUP/USDT, BNBDOWN/USDT, ETHUP/USDT, ETHDOWN/USDT, BTCUP/USDT, and BTCDOWN/USDT by April 3.  Trading and subscription options for the affected tokens...

[unable to retrieve full-text content]CoinspeakerBinance Lists Pixels (PIXEL), Launching with USDT, BTC, BNB Pairs The PIXEL token is now available on Binance, with a total supply of 5 billion tokens, after the free game raised nearly $5 million. Binance Lists Pixels (PIXEL), Launching with USDT, BTC, BNB Pairs

[unable to retrieve full-text content]CoinspeakerRollup Platform AltLayer Raises $14.4M in Funding Round The money raised will be allocated for expanding the AltLayer team and improving its infrastructure Rollup Platform AltLayer Raises $14.4M in Funding Round

[unable to retrieve full-text content]CoinspeakerBinance Futures to Roll Out BRC-20 Token ORDI Perpetual Contracts with USDC-Margined Trades The ORDI BRC-20 Perpetual Contracts will operate in the Multi-Asset Mode. This mode allows investors to trade the futures contracts across multiple margin crypto assets. Binance Futures to Roll Out BRC-20 Token ORDI Perpetual Contracts with USDC-Margined Trades

[unable to retrieve full-text content]CoinspeakerY Combinator to Extend Investment Focus to Stablecoins and AI Ventures YC envisions stablecoin adoption mirroring the trajectory of digital music, which shifted from being associated with illegal file sharing in the early 2000s to becoming the standard. Y Combinator to Extend Investment Focus to Stablecoins and AI Ventures

[unable to retrieve full-text content]CoinspeakerVitalik Buterin Sees AI as Solution to Ethereum’s Biggest Technical Risk It’s not the first time Vitalik Buterin has shared his opinions on how AI could impact crypto. Vitalik Buterin Sees AI as Solution to Ethereum’s Biggest Technical Risk