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“# New staking and governance features back Ocean Protocol’s 40% rally ” Data collection, aggregation and analysis have become some of the largest profit generators for companies like Facebook and Google who have designed an array of algorithms purposed with harnessing user data in order to better optimize the user interfaces of their applications and…
“# Energy Web Token (EWT) rallies 50% shortly after listing on Kraken ” One of the biggest debates taking place on a global scale relates to energy production and the integration of renewable energy sources into an electrical grid dominated by carbon-based fuels and nuclear power. Energy Web Token (EWT) is one project that is…
“# Price analysis 3/3: BTC, ETH, ADA, BNB, DOT, XRP, LTC, LINK, BCH, XLM ” Bitcoin’s (BTC) resilience in the face of global market uncertainty continues to attract new institutional investors. Dan Loeb, the CEO of New York-based asset management firm Third Point, said that he has been “doing a deep dive into crypto.” To strengthen…
“# Kings of Leon are releasing an album as an NFT ” American rock band Kings of Leon is the latest music project to jump on the bandwagon on the non-fungible token, or NFT, industry. After a four-year break, including a delay caused by the COVID-19 pandemic, the Nashville family band is back with something…
“# Kentucky to provide tax breaks for local crypto miners ” Lawmakers in Kentucky are looking to impose tax breaks for local cryptocurrency miners. Kentucky lawmakers on Tuesday approved several state tax breaks including House Bill 230, which would remove the sales tax from electricity purchased by local crypto mining operators. According to a report…
“# US crypto tax startup TaxBit to channel $100M raise into UK expansion ” Major cryptocurrency tax compliance startup TaxBit has raised $100 million as it expands into Europe. According to a March 3 blog post, TaxBit has secured the funds in Series A round led by Paradigm and Tiger Capital. Additional investors included PayPal’s…
“# Upbit’s main banker targets 2022 IPO amid massive crypto user on-boarding ” Some South Korean banks appear to be enjoying the benefits of increased crypto involvement with K bank reportedly eyeing an initial public offering in 2022. According to a report by The Korea Times on Wednesday, K bank CEO Lee Mun-whan revealed that…
“# Theta, Aavegotchi (GHST) hit new highs as Bitcoin price chases after $50K ” Bitcoin (BTC) bulls appear to have found their momentum as BTC price reclaimed the $49,000 level within the last hour. On March 2 the price dropped as low as $47,000 but currently, BTC is trading above the 20-day moving average. Bulls…
“# Unifi (UNIF), StaFi (FIS) and Dego see triple-digit gains afer DeFi listings ” The CBOE has filed an application with the United States Securities and Exchange Commission to list the Bitcoin (BTC) exchange-traded fund proposed by asset manager Van Eck. If the Bitcoin ETF receives a green signal from the regulators, it could boost…
“# Unibright (UBT) price soars after DeFi staking and enterprise-level partnerships ” As Bitcoin (BTC) and Etheruem (ETH) gain legitimacy in top financial circles that will eventually help digital currencies mainstream, projects that offer enterprise-level blockchain solutions are also gaining attention from the corporate sector and investing class. Sold as one of the next technological…