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August turned out to be a good month for hedge funds targeting the cryptocurrency market. According to Eurekahedge, the profit of such financial structures increased by about 25%. Moreover, in terms of profitability, cryptocurrency hedge funds have bypassed their competitors, who prefer to stay in...
More than 2.5 million new addresses have registered on the Ethereum blockchain since the beginning of May 2021. The researchers also paid attention to the growth of the bitcoin network. They found that the largest number of new wallets appeared in January-April. During this period, the number of...
El Salvador's authorities are considering options to ease the tax regime for all cryptocurrency investors. Bitcoin holders will be exempt from income tax even if they make large profits from trading with this asset. Javier Argueta, who holds the post of legal adviser to Salvadoran President Nayib...
Even though today, on September 13, many digital assets showed a noticeable price drop, few could have assumed that the same fate awaited the Carnado project cryptocurrency - ADA. The news of the successful completion of the update, dubbed "Alonzo", caused many positive forecasts for the...
A recent poll by analytics platform YouGov found that nearly 30% of respondents support the government's desire to recognize BTC as legal tender. It is worth noting that the largest percentage of supporters of the innovation falls on the Democrats. Republicans, in turn, continue to have a negative...
The NFT-project Trippy Bunny, operating based on the Solana platform, donates 100% of its income to the American Suicide Prevention Foundation. As of today, the site for the sale of non-financial tokens has donated over $ 220,000 to charity. The statement, in which the developers of Trippy Bunny...
Anthony Pompliano, the co-founder of venture capital firm Morgan Creek Digital, admitted that the non-fungible token (NFT) sector is going to be much larger than he expected. He noted the rise in popularity of NFT, pointing out that token sales hit a record high in the second quarter of 2021....
The Bank for International Settlements (BIS) management supports central banks' plans to create national digital currencies (CBDCs). Back in June, this financial institution published a report stating that the appearance of the token would accelerate the modernization of the entire payment...
Bancoagrícola, one of the largest banking institutions in El Salvador, will provide a service for processing bitcoin transactions. Recall that in this Latin American country a law came into force this week recognizing bitcoin as a legal tender. Bancoagrícola’s management is going to partner...
Ether (ETH) is gradually recovering its position after a strong fall in the middle of this week. On Friday, September 10, the altcoin price is approaching $ 3,500. ETH capitalization in seven days decreased by almost 10% to $ 402.501 billion. In a review by the Santiment team, the largest Ethereum...
Ohio resident Michael Ackerman, who led the company Q3 Trading Club, confessed to a crypto fraud of $30 million, according to the US Department of Justice. According to the indictment, since 2017, Ackerman has raised funds for his trading company. He claimed that the algorithm he developed would...
The deadline for deciding on VanEck's application for the launch of the bitcoin-ETF exchange-traded crypto fund has been shifted to November 14. The corresponding statement was published in the middle of the week by the press service of the US SEC. The regulator did not voice any additional...
The leader of the Cardano development team, Charles Hoskinson, believes El Salvador has launched the process of mass adoption of bitcoin around the world. Following this Latin American state, other countries will follow suit. The legalization of BTC strengthens the position of those experts and...
Experts were able to find the reason why the BTC fell below $ 50,000 after analyzing the rate of the most popular assets among investors. Thus, financial market experts concluded that the fall in the value of the leading digital asset is associated with the strengthening of gold and the US dollar....
Online broker Robinhood has launched a service that automates investments in digital assets at regular intervals. Possible options include a day, a week, once every two weeks, and a month. The service cost is $ 1. Until the end of September, it will become available to all users, except for...
3-Year Growth Victoria Mahe, Seychelles--(Newsfile Corp. - September 8, 2021) - XT.COM is pleased to announce the grand opening of the Company’s 3rd Anniversary Celebration. The first BTC-KLine in XT.COM was released on 25th September 2018 and with over 4 millions registered users today, XT.COM...
On the eve, the cryptocurrency market experienced another shock drop. On some trading floors, bitcoin (BTC) even tested values below $ 43,000 for a short time. Then the coin was able to bounce and pull up the largest altcoins. On the night of Thursday, September 9, the BTC rate is holding...
At yesterday’s blockchain conference, former Deputy Governor of the Reserve Bank of India Rama Subramaniam said that the government should seriously think about the full adoption of digital money. The man believes that India should start treating cryptocurrencies as full-fledged taxable assets....
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