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Bitget and KoinX Connect to Revolutionize Cryptocurrency Tax Reporting

Bitget’s partnership with KoinX offers automated syncing and detailed tax reports for users. The collaboration improves security and compliance also making it easier to manage crypto investments. As tax season approaches, crypto investors often encounter the tricky task of minimizing their tax liabilities. To solve this, Bitget has formed a strategic unity with KoinX, a market leader in cryptocurrency tax reporting solutions. This collaboration intends to improve the user experience by...

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Small Litecoin (LTC) Fishes Are ‘Jumping Ship,’ Here’s What it Means

Litecoin’s value has plummeted by 36% since peaking on April 1st. The crypto asset hasn’t been generating much buzz on social forums either, as per latest data. Meanwhile, a certain cohort of small LTC holders have been quietly exiting the market. However, this has ignited interest in a potential bullish reversal shortly. According to Santiment’s findings, there has been a sudden liquidation of 45.2k net wallets holding between 0.1-1 LTC which suggests that small traders are...

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Maker DeFi Protocol Has Now Rebranded To “Sky”

Maker, one of the first and largest DeFi lending protocols on Ethereum, has rebranded to “Sky” following key upgrades to its decentralized stablecoin system. That stablecoin, previously known as DAI, has also rebranded to USDS, and the MKR governance token has been changed to SKY. From MKR to SKY: What’s New? As announced over Twitter on Tuesday, SKY is an “upgraded version” of MKR obtainable by supplying USDS token to the Sky protocol through Sky.money. 1 DAI can be...

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Bitcoin Sees Increasing Correlation With Equities But Remains Relatively Weaker: Bitfinex

Bitcoin’s correlation with the U.S. equities market has been rising for more than a month, as seen in the collective plunge and rally across different asset classes during the Japanese yen crisis earlier this month and the Federal Reserve’s statements at the Jackson Hole symposium last week. According to the recent edition of the Bitfinex Alpha report, the Pearson Correlation metric, which measures the relative correlation of bitcoin (BTC) with the S&P 500 and the NASDAQ,...

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Meme Coin Mania Ramps Up as Crypto All-Stars Surges Past $800K in ICO

The crypto market has a new token that’s beginning to turn heads. Crypto All-Stars (STARS) has burst onto the scene in recent weeks, with its ICO having just passed the $800,000 mark. But can STARS live up to the early hype. Meme Coins Bounce Back as Crypto All-Stars ICO Takes Off Meme coins are in the spotlight this week as the crypto market perks up. After a rough patch, these joke tokens are seeing green again, and everyone’s buzzing about what’s next. That’s where Crypto...

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Analyst Says Viral Meme Coin Base Dawgz Could Pump as $3M Presale Concludes Tomorrow

Investors are buzzing as the DAWGZ token prepares for its exchange debut this week. And one analyst has even tipped Base Dawgz (DAWGZ) to pump after it hits the open market. Base Dawgz – The Multi-Chain Meme Coin Taking Crypto By Storm Base Dawgz has had an impressive start to life. This digital dog coin is turning heads with its clever multi-chain strategy, which allows it to operate on Base, Solana, Ethereum, Avalanche, and BNB Chain. It’s like a crypto chameleon – ready...

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DWF Labs Acquires $500K Worth of Toncoin in Support of Detained Telegram CEO

Andrei Grachev, managing partner of Web3 market maker DWF Labs, has purchased $500,000 worth of Toncoin to express support for Telegram founder Pavel Durov, who was recently detained in France. Grachev announced his decision on X (formerly Twitter). He stated that this was his way of showing solidarity with Durov during this challenging time. Grachev joins other influential personalities in the crypto fraternity that has been supporting Durov’s release through the hashtag #FreePavel. As for...

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