There’s been a lot of talk about crypto tax cheats over the last few years, and according to a new report by the International Monetary Fund (IMF), the problem doesn’t end with anti-money laundering laws. The organization feels more steps are needed if things are going to come to a complete stop. The IMF Details Crypto Tax Evasion The big concern is that crypto is primarily being used by illicit players who garner money that’s not theirs (or that stems from...
Read More »Bitcoin Price Spikes in Argentina After Pro-BTC Presidential Candidate Wins Primaries
[unable to retrieve full-text content]CoinspeakerBitcoin Price Spikes in Argentina After Pro-BTC Presidential Candidate Wins Primaries Following Milei's win, Bitcoin in Argentina soared but has now corrected some of its profit, although it remains higher than previous levels. Bitcoin Price Spikes in Argentina After Pro-BTC Presidential Candidate Wins Primaries
Read More »Adyen Shares Fall after Disappointing H1 Performance
[unable to retrieve full-text content]CoinspeakerAdyen Shares Fall after Disappointing H1 Performance The European payments giant attributed its poor performance to various factors. Adyen Shares Fall after Disappointing H1 Performance
Read More »Bankrupt Crypto Entities Genesis and FTX Reach Agreement on $175 Million Claim
FTX’s sister trading firm, Alameda Research, will be allowed a general unsecured claim of $175 million against Genesis. The disgraced crypto exchange led by Sam Bankman-Fried previously sought to claw back $4 billion from DCG-owned lender Genesis which also filed for Chapter 11 bankruptcy. However, the latest court filing suggests that FTX and Genesis have reached an agreement, with the former having to settle for $3.825 billion less than originally demanded. The deal also...
Read More »Analyst Forecasts Over 44% Rally for Shiba Inu (SHIB): Find Out the Targets
Well-known cryptocurrency market analyst, Michael van de Poppe, anticipated a strong surge in Shiba Inu (SHIB) price, exceeding 44% in the coming weeks. This bullish outlook relies on SHIB holding on to three key support levels long enough to reestablish an upward trajectory. In stark contrast to the current crypto market demeanor, which remains predominantly devoid of action, SHIB, currently ranked 15th by market cap, has been on-and-off with its price action recently. SHIB...
Read More »Are Bitcoin ETFs Sell-The-News Events? BTC Down $1.5K Since Europe’s First Spot One
Europe saw the launch of the first spot Bitcoin ETF on Tuesday, but it turned out to be a sell-the-news moment since the cryptocurrency’s price plummeted in the following days to multi-month lows. Interestingly, something similar happened back in 2021 after the launch of the futures Bitcoin ETFs in the States, leading to speculations on whether these products are actually benefiting the crypto industry. BTC Down After First European ETF Going under the ticker BCOIN, the...
Read More »Google Adds New Capabilities to Its Generative AI-powered Search Engine
[unable to retrieve full-text content]CoinspeakerGoogle Adds New Capabilities to Its Generative AI-powered Search Engine The new upgrades currently undergoing initial testing promises to deliver more in-depth information for users exploring scientific theories, economic principles, historical events, or any other subject matter. Google Adds New Capabilities to Its Generative AI-powered Search Engine
Read More »Blockchain-Interoperabilität: Schlüssel zur Skalierbarkeit und Zusammenarbeit für aufstrebende Unternehmen
Die rasante Entwicklung der Blockchain-Technologie hat zweifellos das Potenzial, verschiedene Branchen zu revolutionieren. Doch trotz ihrer Vielseitigkeit und Innovationskraft stehen Unternehmen vor der Herausforderung, mit einer Fragmentierung von Blockchains konfrontiert zu sein. Diese Fragmentierung kann die Skalierbarkeit einschränken und die Zusammenarbeit behindern. Hier kommt die Blockchain-Interoperabilität ins Spiel – eine essenzielle...
Read More »10-Year Treasury Yield Rises in the US Following Minutes of Last Federal Reserve Meeting
[unable to retrieve full-text content]Coinspeaker10-Year Treasury Yield Rises in the US Following Minutes of Last Federal Reserve Meeting The 10-year Treasury yield rose while the 2-year yield fell as investors considered the implication of the Federal Reserve's meeting minutes. 10-Year Treasury Yield Rises in the US Following Minutes of Last Federal Reserve Meeting
Read More »Ark Fi Introduces Ramp, a New Way to Purchase Digital Currency
Leading fiat-to-crypto firm Ark Fi is introducing Ramp, a secondary platform that will allow customers to purchase digital assets with their credit cards. Ramp Will Make Crypto Buying Easy The whole idea of purchasing bitcoin and its altcoin cousins should be easy. One pulls out their credit card, enters the information, and done! The money should be transferred to their digital wallet for use and investment purposes. Unfortunately, there are some companies out...
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