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“# Bitrue floats $50M cryptocurrency investment fund ” Bitrue crypto exchange has announced a $50-million investment fund geared toward supporting cryptocurrency and blockchain startups. According to a recent announcement, the investment fund will target crypto projects working on use cases with the potential to advance the development of the emerging blockchain ecosystem. Of the $50-million…
“# Crypto.com becomes first cryptocurrency platform to receive MFSA Class 3 license ” Crypto.com, the popular mobile platform for buying and selling digital assets, has become the first cryptocurrency company to receive Malta’s Class 3 Virtual Financial Assets license. The license was granted by the Malta Financial Services Authority, or MFSA, paving the way for…
“# Dogelon Mars, Shiba Inu and Dogecoin take the lead as Bitcoin consolidates ” Cryptocurrency traders awoke to an altcoin bonanza as a handful of meme tokens, along with some of the more established projects, staged double-digit rallies while Bitcoin (BTC) price slowly recovers to the $57,000 level. The biggest event generating conversations across the…
“# Coinbase overtakes TikTok for #1 position on Apple app store ” Major cryptocurrency exchange Coinbase’s mobile app now tops the charts for the U.S. Apple App Store. According to the Top Charts list on the Apple App Store, Coinbase is currently the most popular app in the United States, ahead of TikTok, YouTube, Facebook,…
“# Bullish sentiment begins to fade after Ethereum all-time high at $4,200 ” The last couple of weeks have been nothing short of astonishing for Ether (ETH), as the cryptocurrency hiked over 80% to reach a $4,200 all-time high. Even after a 7% correction, the gains accumulated in 2021 surpass 300%, and Ether currently holds…
“# Block.one secures funding for $10B EOS-based crypto exchange platform ” Blockchain software firm Block.one has announced plans to launch a cryptocurrency exchange subsidiary. According to a release published on Tuesday, the platform — dubbed “Bullish Global” — will run on the EOS blockchain. As part of the announcement, the EOSIO developer revealed that it…
“# Indonesia considers capital gains tax on cryptocurrency trades ” Neilmaldrin Noor, a spokesperson for the Indonesian Directorate General of Taxes, said that the authority is considering a tax scheme for capital gains generated from cryptocurrency trades, Reuters reported on Tuesday. “It is important to know that if there is a profit or capital gain generated from…
“# Kazakhstan’s government to create roadmap for developing crypto market ” Kazakhstan’s government is forming a roadmap to stimulate the development of the cryptocurrency industry and blockchain technology in the country. State authorities have reviewed proposals to address the crypto industry’s development and reconsider the state’s approach to regulating crypto operations, according to a Tuesday…
“# Dogecoin price dumps, but whodunnit? Whales, institutions or retail traders? ” Most recently, DOGE pulled off a 10x gain as it rallied to $0.74 in the past week. The breakout was fueled mainly by Tesla CEO Elon Musk and his constant mentions of the token on social networks and interviews. Surprisingly, as Musk debuted…
“# 2 reasons why Casper (CSPR) IOU token rallied 2,300% in one week ” Bull market cycles in the cryptocurrency market can be exhilarating for day traders and long-term investors alike, but the speed at which the prices move can make it a challenge for promising new projects that are looking to catch the momentum…