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Since 2016, whenever Ether’s price has gone up in August, it has historically fallen in September, data shows. Ether’s price has climbed 25% since the beginning of August, but historical data suggests the cryptocurrency could lose steam in September. Only time will tell if Ether (ETH) plays out differently this year, with billions flowing into…
Brazil’s 17.5% crypto tax signals a global shift as governments eye digital assets for revenue, ending the era of tax-friendly crypto investing worldwide. Opinion by: Robin Singh, CEO of Koinly Crypto may be the first tax lever governments pull when scrambling for more revenue, if Brazil’s recent move is anything to go by. In June,…
Brazil’s 17.5% crypto tax signals a global shift as governments eye digital assets for revenue, ending the era of tax-friendly crypto investing worldwide. Opinion by: Robin Singh, CEO of Koinly Crypto may be the first tax lever governments pull when scrambling for more revenue, if Brazil’s recent move is anything to go by. In June,…
Thai police have arrested a South Korean man accused of helping a call center gang launder over $50 million in crypto into gold. Thai authorities have arrested a South Korean man accused of helping a call center gang launder cryptocurrencies into gold worth more than $50 million. The Technology Crime Suppression Division (TCSD) said officers…
A popular crypto sentiment tracker surged back into Greed on Saturday after Fed Chair Jerome Powell hinted at a possible rate cut in September. Crypto sentiment returned to “Greed” on Saturday as the crypto market surged, following dovish comments from US Federal Reserve Chair Jerome Powell that raised speculation of a possible rate cut in…
Trish Turner is resigning as head of the IRS crypto division after just months, following two private-sector executives who served about a year. Trish Turner has resigned as head of the United States Internal Revenue Service’s (IRS) digital assets division after roughly three months in the role. “After more than 20 years with the IRS,…
An XRP chart fractal and whale flows hint at a short-term dip before a possible “moonshot” breakout to new all-time highs in Q4. Key takeaways: XRP closed below $3, but a fractal pattern suggests a bullish Q4 setup, with a potential rally toward $4.35 to $4.85. Whale flows remain negative, hinting at near-term downside before…
Ming Shing Group Holdings, a Nasdaq-listed Hong Kong construction firm, struck a $483 million deal to acquire 4,250 Bitcoin via share issuance. Nasdaq-listed Hong Kong construction firm Ming Shing Group Holdings said Wednesday it has entered into an agreement to acquire 4,250 Bitcoin for nearly $483 million, joining the wave of companies adding the cryptocurrency…
The Winklevoss twins-owned Gemini exchange continues its expansion in Europe, securing a Markets in Crypto-Assets Regulation license in Malta. Cryptocurrency exchange Gemini has received a Markets in Crypto-Assets Regulation (MiCA) license in Malta, supporting the company’s ongoing expansion in Europe. The Cameron and Tyler Winklevoss-owned exchange secured a MiCA license from the Malta Financial Services…
Bitcoin rebounded from a swift drop to $112,380, but liquidation heatmap data suggests the worst of the selling has yet to pass. Key takeaways: Bitcoin volatility is expected to remain present ahead of Fed Chair Powell’s speech on Friday. Analysts say Bitcoin’s dip below $112,000 offers a “great entry” opportunity for traders. Read more If…