Tag: Digital Assets

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Crypto Market Trends Reflect Early June Patterns, According to Matrixport Co-Founder

The crypto market trends are showing similarities to those observed in early June, according to Daniel Yan, co-founder of Matrixport and CIO at Kryptanium Capital. Yan highlighted the potential for a breakout in major...
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Cardano’s Eco-Friendly Metrics for MiCA Compliance: A Step Towards Sustainability

Cardano recently introduced new eco-friendly metrics to comply with the MiCA regulations in Europe. This move comes as the second phase of MiCA implementation for crypto asset providers is set to begin in six...
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New IRS Cryptocurrency Tax Rules Explained – CoinJournal

The IRS has recently introduced new tax reporting rules for cryptocurrency brokers, which are set to take effect in 2025. This framework requires crypto brokers, hosted wallet services, and digital asset outlets to file...
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Bitcoin and Crypto Market Outlook: Analyst Warns of Potential Pain Ahead

Bitcoin and other cryptocurrencies have had a tumultuous second quarter in 2024, with prices struggling to maintain their earlier highs. While the year began with bullish predictions of Bitcoin reaching $100,000, the reality has...
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Solana ETF Approval: Potential 9x Value Increase for SOL Token

Solana, a rising star in the cryptocurrency industry, is poised for a potential surge in value following the news of a Spot Solana ETF filing by VanEck. This development has sparked optimism and bold...
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U.S. Treasury Announces Crypto Tax Rules for 2025, Delays Non-Custodian Regulations

The U.S. Department of the Treasury's Internal Revenue Service has announced new tax rules for cryptocurrency transactions that will take effect in 2025. Crypto brokers will be required to file 1099 forms similar to...
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Unlocking MegaLabs: Revolutionizing Real-Time Blockchain with $20M Investment

MegaLabs, the company behind a new Ethereum scaling protocol aiming to achieve real-time processing of transactions, has secured a $20 million investment in a seed round led by Dragonfly Capital. Other participants in the...
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Spot ETFs for Proof-of-Stake Chains: Potential Impact of Launching Without Staking

The recent developments surrounding Ethereum and Solana Exchange-Traded Funds (ETFs) have raised significant concerns about their potential impact on these proof-of-stake (PoS) networks. The removal of staking provisions from ETF applications to appease regulatory...
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Coinbase Declines to Facilitate Ocean-Fetch AI Merger

Coinbase recently made a statement declaring that it will not be facilitating the merger between Ocean Protocol (OCEAN) and Fetch.ai (FET) related to the Artificial Superintelligence Alliance (ASI) token merger. Instead, Coinbase plans to...
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BitBot Token Claim Causes Cryptocurrency Market Waver

Cryptocurrency prices have taken a hit in recent weeks, with Bitcoin dropping from $62,000 to $60,000, leading to a decline in the prices of other altcoins like Blur, Mother Iggy, Turbo, and Apu Apustaja. There...