Ethereum (ETH) has been performing well lately, making investors both bullish and cautious. The world’s second-largest cryptocurrency, boasting a market capitalization of nearly $480 billion, recently crossed the coveted $4,000 mark for the first time since December 2021, igniting...
The National Tax Service in South Korea is preparing to launch a virtual property tax system to help analyze information received from cryptocurrency holders to prevent cryptocurrency tax evasion. Local sources informed that the agency had contracted the services...
Issuers use these hedges to prevent existing shareholders from diluting with convertible debt, even if their share price rises above the conversion price, still incurring a fee. During its breakout rally, fitness company Peloton raised $1 billion in convertible...
Grayscale, the digital currency investment manager, made a move into the cryptocurrency market yesterday (Monday) by filing for registration of a new “mini” version of its Grayscale Bitcoin Trust (GBTC) exchange-traded fund (ETF). This new offering is set to...
Despite some recent hiccups, there is optimism surrounding Cardano (ADA). ADA is resilient, maintaining a positive outlook despite last week’s 5% decline. At the current price of $0.75, ADA indicates a strong position with a 24-hour trading volume of...
Solana Labs co-founder Anatoly Yakovenko believes crypto may have a shot at disrupting Google and Apple’s app store duopoly. He criticized the state of software distribution on mobile devices and lamented that two stores collected more than 30% of...
TD Securities has selected Paxos commodity settlement service, marking progress in the precious metals market by adopting blockchain technology for trade settlements. This collaboration provides the first example of simultaneous cash and commodity trade settlements, improving TD Securities’ operations...
Solana rose above the $50 resistance level against the US dollar. SOL price consolidates gains above $55 and may extend its rally above $65. SOL price started a significant rally above the $50 resistance level against the US Dollar....
Rising SOL rates could be a win for many FTX creditors. The asset is now trading in a range that would take the cryptocurrency exchange’s clients full, according to Thomas Brazil, CEO of 117 Partners, a firm that closely...
The number of cryptocurrency wallet addresses holding more than $1 million worth of Bitcoin (BTC) has more than tripled this year. BitInfoCharts data shows that the number of addresses holding more than $1 million worth of Bitcoin has risen...