Recently, Bloomberg analysts, Eric Balchunas and James Seyffart, have predicted that the Litecoin and Hedera ETFs could launch before the Solana and XRP ETFs. Notably, they expect the SEC to first approve Bitcoin and Ethereum combo ETFs. Bitwise, Franklin Templeton, and Hashdex have all filed to offer these dual ETFs. These analysts predict the next…
– Advertisement – ITAT ruled pre-2022 cryptocurrency gains as capital assets, subjecting profits to capital gains tax with applicable deductions. Profits from cryptocurrency sales before April 2022 qualify for long-term capital gains if held for over three years. Post-April 2022, cryptocurrency gains face a flat 30% tax rate without deductions, under new Virtual Digital Asset…
Metaplanet Inc., has issued ¥4.5 billion ($30 million) in zero-interest bonds to accelerate its Bitcoin acquisition, strengthening its position as Asia’s largest corporate Bitcoin holder and increasing investors with plans for future bond issuances and Bitcoin-based shareholder rewards. Metaplanet Inc., often referred to as the “Japanese MicroStrategy,” has announced the issuance of ¥4.5 billion (approximately…
The crypto market is buzzing with developments as the industry gears up for 2025. Dogwifhat (WIF) price has shown resilience amid selling pressure, while the BONK price prediction fuels excitement for a potential breakout in the meme coin sector. Among these, BlockDAG (BDAG) is emerging as a standout with its DAG technology and strong presale…
Ukraine plans to legalize cryptocurrencies by early 2025, aiming to create clear rules and taxes without special tax breaks. The new law wants to control digital assets to keep finances stable and reduce risks like tax evasion and money laundering. The draft law, created with feedback from the National Bank of Ukraine (NBU) and the…
Luna Classic’s (LUNC) revival post-UST collapse highlights Terra Classic’s resilience under the Ecosystem Revival Plan 2. Wormhole enables seamless multichain interoperability, securing $40B+ in cross-chain transfers across 30+ blockchains. The Graph simplifies blockchain indexing with 3K+ subgraphs, empowering apps like Uniswap and Aave to access decentralized data. The Solana ecosystem hosts some of the most…
Wyoming Senator Cynthia Lummis has expressed strong support for the new administration’s approach to cryptocurrency, particularly highlighting the importance of Bitcoin reserves. Lummis believes that the year 2025 will be pivotal for the cryptocurrency landscape, with David Sacks stepping in as the administration’s ‘Crypto Czar’ significantly influencing this trajectory. Why is Bitcoin Reserve Policy Vital?…
December 18, 2024 at 03:50 AM GST updated: December 18, 2024 at 12:56 AM 2 mins read News OpenLedger’s AI blockchain integrates Ether.fi’s $6B restaking protocol. Partnership follows OpenLedger’s successful $8M funding round. Ether.fi and OpenLedger to enhance AI model scalability and security. An innovative blockchain platform, OpenLedger, focused on AI data solutions, has announced…
Ripple and its native token, XRP, have been at the forefront of significant developments shaping the cryptocurrency landscape in late 2024. From Ripple’s Chief Legal Officer, Stuart Alderoty, criticizing the US Securities and Exchange Commission’s (SEC) regulatory tactics to XRP experiencing a historic rally fueled by political shifts and ecosystem advancements, the company and its…
The recent surge of Bitcoin to its all-time high of $107,000 has sparked significant activity in the crypto market, driving a notable increase in altcoin performance. While the market shows upward momentum, certain altcoins have outperformed expectations, breaking records consistently. According to Altcoin Buzz analyst Camille Lemmens, three standout projects – Ondo Finance (ONDO Coin),…
Home » Journal » Qubetics Raises $6.9M as Ethereum Climbs 8% and Stellar Drives Global Partnerships: Pick Up Your Crypto Now The crypto market is heating up as December comes to a close. Ethereum (ETH) is leading the charge, notching gains and solidifying its dominance as…
Wyoming Senator Cynthia Lummis strongly supports the new administration’s stance on cryptocurrency, particularly regarding Bitcoin $105,623 reserves. Lummis expressed that 2025 will be a significant year for cryptocurrencies, emphasizing the role of David Sacks, appointed as the “Crypto Czar” by the administration. Emphasis on Bitcoin Reserves and Financial ResponsibilityStrategic Bitcoin (BTC) Reserve Initiative Emphasis on…
Binance, the world’s largest cryptocurrency exchange, has recently made headlines with the listing of numerous new altcoins. A large number of tokens, especially from the memecoin sector, have been made available for trading by Binance for users, both in the spot market and in the futures market. So how did the altcoins that usually pumped…
The cryptocurrency community is buzzing with excitement over Web3Bay’s impactful presale, offering a glimpse into why early investors might realize gains up to 6,233%. What’s behind this immense potential, and what does it mean for you as an investor? Web3Bay is emerging as a frontrunner in e-commerce’s future, leveraging blockchain technology within a decentralized marketplace…
Bitcoin (BTC) has entered “blue sky territory,” reaching new heights after Donald Trump hinted at a U.S. strategic Bitcoin reserve. This bold move has reignited investor confidence, pushing BTC into its next bullish chapter. Meanwhile, Monero (XMR) is riding the wave of the ongoing “Santa Claus Rally,” showing strong upward potential due to rising demand…
No law compels Coinbase to “compromise the integrity of its platform” by doing business with Justin Sun-tied BiT Global, the U.S. crypto exchange wrote. Coinbase asked a U.S. court to deny BiT Global’s lawsuit in Northern California, which seeks $1 billion in relief and a temporary restraining order on wrapped Bitcoin’s (wBTC)’s delisting. The Justin…
Trump Patriot could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Trump Patriot (TRUMPPAT), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days. This is because TRUMPPAT is set to soon be listed on numerous crypto exchanges, according to…
As the price of Bitcoin is getting closer to a new milestone at $110,000, the popular meme coins dogwifhat (WIF) and Bonk (BONK) are performing positively. Crypto bulls may be aiming to recover some of the territory they lost in the past couple of weeks after the markets took a breather following a remarkable post-election…
You have surely heard of gains made from cryptocurrency mining, but have you ever thought of the effects of the entire crypto-mining process? In this informative piece, we will delve deep together to understand the negative effect of mining on the environment, and why the majority of nations have banned mining activities. In simple terms,…
Join Our Telegram channel to stay up to date on breaking news coverage As of December 17, 2024, the cryptocurrency market is buzzing with notable movements from Kava, Ravencoin, Harmony, and ApeNFT. These meme coins are shaping and revolutionising the blockchain world today. Let’s delve into what makes these digital assets stand out and why…