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“# Crypto trades in Thailand now reportedly subject to 15% capital gains tax ” The government of Thailand is progressing in regulating the local cryptocurrency ecosystem by reportedly enacting new tax rules for the industry. Profits from crypto trading in Thailand are now subject to a 15% capital gains tax, The Bangkok Post news agency…
“# 3 reasons why Cosmos (ATOM) price is near a new all-time high ” Blockchain network interoperability is shaping up to be one of the main themes for the cryptocurrency ecosystem in 2022. New users are continuing to onboard into the growing world of crypto while both new and established projects search for the chain…
“# Bitcoin price drops to $43.7K after Fed minutes re-confirm plans to hike rates ” Bitcoin (BTC) and the wider cryptocurrency market fell under as equities markets pulled back at the closing bell after minutes from the Federal Reserve’s December FOMC meeting showed that the regulator is committed to decreasing its balance sheet and increasing…
“# Moneygram buys 4% stake in crypto ATM operator Coinme ” Money transmission network MoneyGram now has a minority investment in crypto ATM operator Coinme following a Series A funding round. In a Wednesday announcement, MoneyGram said it had purchased a roughly 4% ownership stake in Coinme — likely more than $764,000, given its valuation…
“# Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4% ” On Wednesday, Kazakhstan, the second-largest country in the world when it comes to Bitcoin (BTC) mining hash rate, experienced unprecedented political unrest due to a sharp rise in fuel prices. As a result, the country’s presiding cabinet…
“# 3 key metrics show DeFi’s TVL on the verge of a new ATH ” As 2022 gets underway, the decentralized finance (DeFi) sector of the cryptocurrency ecosystem appears to be gaining momentum in what could be an echo of the bullish market seen in seen in early 2021. Data from crypto market intelligence firm…
“# Price analysis 1/5: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE ” Bitcoin (BTC) and most major altcoins are stuck in a tight range with bulls buying near the support and bears selling at resistance levels. Usually, such tight ranges are followed by an expansion in volatility. Although a few analysts have…
“# Certik identifies Arbix Finance as a rug pull, warns users to steer clear ” BSC-based yield farming protocol Arbix Finance was identified by blockchain security company Certik as a rug pull. According to the firm’s incident analysis, there were several reasons why the project was flagged. The security firm cites that the ARBX contract…
“# UK advertiser ASA continues crypto ad banning spree ” The United Kingdom’s Advertising Standards Authority, or ASA, has ruled to place an official ban on two mobile application advertisements from popular trading platform Crypto.com which promoted the ease of purchasing cryptocurrencies such as Bitcoin, as well as earning yield rewards on digital assets. Gaining…
“# Airbnb users want crypto payment options, according to CEO Twitter poll ” Airbnb CEO Brian Chesky tweeted a poll on Monday asking his roughly 400,000 followers what they wanted from the rental platform in 2022. Chesky has today revealed that the majority of respondents want to be able to pay with Bitcoin (BTC) or other…