Tag: Business

Bitcoin cost stinks solo? Institutional crypto push could be overrated

In the background of financial markets, there are just a couple of assets which have defeated this frontier. Presently, Bitcoin has got the eighth-highest market cap one of all tradable resources on the planet,...
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Tornado Cash Ruling: Crypto Wins Big

The recent ruling by the Fifth Circuit Court of Appeals regarding Tornado Cash's immutable smart contracts has significant implications for the cryptocurrency industry. The court found that the Treasury Department's Office of Foreign Assets...
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Crypto Market Surges: Bitcoin and Ethereum Soar on Trump Election Victory, Biggest Monthly Gains...

Bitcoin and Ethereum have seen a significant surge in value following Donald Trump's election victory, marking their largest monthly gains since February. This increase in market confidence in cryptocurrencies has propelled Bitcoin to a...
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Beware of ‘Leverage-Driven Pump’ as XRP Price Surges: Analyst Alert

XRP Price Surge Sparks Analyst Warning The recent surge in the price of XRP, the cryptocurrency issued by Ripple Labs, has caught the attention of analysts and investors alike. Over the past 30 days, XRP...
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Impact of Pump Fun’s Livestreaming Pause on Revenue: A 33% Decline

Pump Fun, a Solana-based memecoin launchpad, recently experienced a significant 33% decline in revenue after deciding to disable its live-streaming feature. This decision came after a series of controversial incidents that garnered widespread criticism. The...
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Justin Sun Eats $6.2 Million Banana Duct-Taped to Wall

Justin Sun, the founder of Tron, made headlines when he decided to eat the $6.2 million banana duct-taped to a wall, which he purchased at Sotheby’s. The unique event took place at the Peninsula...
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Ethereum DeFi Total Value Locked Surges to 2-Year High with Uniswap and Aave Activity

Ethereum's decentralized finance (DeFi) sector is currently experiencing a surge in activity, with the total value locked (TVL) in the ecosystem reaching over $80 billion, the highest level seen in over two years. This...
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Exploring Bitcoin Mining in Swiss Canton with Surplus Energy

The Swiss canton of Bern recently passed legislation to explore Bitcoin mining as a potential solution to address surplus electricity production in the region. Samuel Kullmann, a member of the canton's parliament, led the...
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Hong Kong Proposes Crypto Tax Exemptions to Compete with Singapore as Financial Hub

Hong Kong is looking to become a major financial and crypto hub by proposing tax exemptions for hedge funds, private equity funds, and high-net-worth family offices. This move is aimed at attracting global asset...
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Russia Implements New Taxation Framework for Cryptocurrency and Mining

Russia has taken a significant step in regulating cryptocurrency and mining by implementing a new taxation framework. The Federation Council approved amendments to the Tax Code, providing legal clarity and incentives to boost the...