In a surprising move, South Korean lawmakers have put forth a bill to push back the implementation of the crypto gain tax until 2028. This decision comes amidst the current negative sentiments surrounding the crypto industry. The ruling political party cited the declining investment sentiment towards virtual assets as the primary reason for the extension.
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XRP has recently seen a notable price increase, outperforming major cryptocurrencies in the market. This surge in price has sparked the attention of many analysts and traders who are closely monitoring the asset’s performance. The recent rally in the cryptocurrency sector, with a global market capitalization surpassing $2.4 trillion, has set the stage for XRP’s
The recent incident on Blur Marketplace where an investor lost $240,000 worth of NFTs overnight due to a phishing scam serves as a stark reminder of the dangers lurking in the digital asset space. This was not your typical phishing attack involving deceiving emails, but a well-orchestrated technical maneuver that exploited a vulnerability in the
In the world of Guild of Guardians, the introduction of Idol Sacrifice has revolutionized the way players can obtain rare and powerful guardians. This feature adds a new layer of challenge and excitement to the game, offering players the opportunity to mint some of the strongest guardians available. Whether you are a seasoned player or
Metaplanet, a well-known investment firm based in Japan, recently made a significant move in the cryptocurrency space by purchasing 42.4 Bitcoin for ¥400 million ($2.4 million). This strategic acquisition aims to enhance the company’s long-term financial strategy by adding Bitcoin to its list of assets. With Bitcoin trading at $57,652, down 8% over the last
Cryptocurrencies like Bitcoin have become a major factor in the upcoming 2024 presidential election, especially among Republican voters. A recent poll by investment firm Paradigm revealed that a significant portion of Republicans have shifted their views towards Donald Trump due to his newfound support for the crypto industry. This shift in sentiment has positively impacted
The approaching United States elections set for November have the potential to serve as a pivotal moment for the American crypto industry, primarily due to the divergent views held by candidates regarding digital assets. According to popular crypto exchange Coinbase, individuals who are part of the crypto community are likely to play a significant role
Bitcoin (BTC) is facing a critical juncture as market analysts debate whether the cryptocurrency has hit rock bottom or is poised for further decline. One key metric, stablecoin liquidity growth, suggests that BTC may struggle to rally in the near term. The slow growth of Tether (USDT) market cap indicates a lack of fresh liquidity
The recent movement in the Bitcoin price has shown signs of recovery, with the premier cryptocurrency climbing back above $58,000. Renowned crypto analyst Ali Martinez has identified a chart formation that could signal a potential continuation of this resurgence. Martinez’s analysis points to an ascending triangle pattern on the Bitcoin four-hour price chart, indicating a
Semilore Faleti is a prominent cryptocurrency writer who has established himself as an expert in the field of journalism and content creation. With a focus on blockchain technology and digital assets, Semilore’s work reflects his passion for exploring the complexities of the cryptocurrency world. Background and Expertise While initially writing on various topics, Semilore discovered
The cryptocurrency space is constantly filled with controversial moments, and the recent assassination attempt on the former US President has led to a surge in the creation of tokens related to this event. These tokens have seen significant increases in value following the news of the President surviving the attack. The ongoing battle for the
The chief crypto analyst at Real Vision, Jamie Coutts, has pointed out an indicator that suggests a potentially bullish outlook for Bitcoin (BTC). According to Coutts, Bitcoin’s hash rate decline is slowing, which usually indicates a bottom and a reversal of the bearish trend. However, he also cautioned that a bullish reversal would depend on
Cardano (ADA) has seen a notable increase of 20.29% in its price over the past week, aligning with the broader positive trend in the cryptocurrency market. The trading volume for ADA has also experienced a significant spike, rebounding from a low of $0.335 on July 8. This surge has allowed ADA to outperform many other
Bitcoin has been experiencing heightened volatility in the past week, with its price fluctuating between $54,000 and almost $60,000. As of now, it is trading at around $58,000, according to Coingecko’s data. Many analysts are speculating that a surge to $90,000-$100,000 could be on the horizon. Crypto Rover, a prominent figure with over 800,000 followers,