sponsored The IRS might not be the best at keeping ahead of the crypto curve, but if you think you can hide your Bitcoin gains – think again. Crypto tax calculator Koinly is here to explain just how the IRS can track your crypto. Got gains or income from crypto? The IRS would like their cut, thanks. For a long…
It’s a great time to move Bitcoin (BTC) between wallets and exchanges. Bitcoin transaction fees have hit all-time lows in BTC, according to research by Galaxy Digital. #bitcoin fees are at all-time lows. the craziest thing? fall 2021 was the first bull run not accompanied by a major spike in fees. how is that possible? what does it mean? here’s…
Several decentralized finance (DeFi) tokens, including ThorChain’s RUNE and Synthetix’s SNX, saw double-digit losses in the last 24 hours. RUNE, which last week hit a four-month high of $12.90, has been on a decline since then, plunging nearly 13% over the day. As data from CoinMarketCap shows, RUNE hit a daily low of $10.06 early on Wednesday before rebounding to…
Three market catalysts suggest that Ethereum’s native token Ether (ETH) is well-positioned to reach $4,000 this month. Google searches for “Ethereum merge” spike Internet users’ interest in Ethereum’s upcoming network upgrade, dubbed “the Merge,” surged substantially in the week ending April 2, Google Trends’ data shows. Searches for the keyword “Ethereum Merge” reached a perfect Google Trends score of 100…
“Yeah, so this is good news,” tweeted Dogecoin co-founder Billy Markus after Twitter’s CEO Parag Agrawal announced that Elon Musk would be joining the social media firm’s board of directors. DOGE also reacted positively to the news, having jumped over 6% in the past 24 hours, according to data pulled from CoinMarketCap. The leading meme coin is now trading at…
In a recently released white paper, a Japanese non-fungible token (NFT) taskforce has asked the government to consider appointing a government minister whose job it would be to oversee all matters relating to Web3. Building the Support Structure for Japan’s NFT Sector A Japanese NFT policy task force has reportedly told the country’s leaders to consider appointing Web3 minister, a…
A new study shows that developers believe that the metaverse may become the “most popular” way to buy and sell crypto someday. The study, commissioned by API provider Agora, surveyed 300 developers’ thoughts and ideas about the metaverse. “Since they will be positioned on the front lines of practically every development that takes place in the metaverse, their thoughts and…
Terra, the Blockchain outfit using Bitcoin (BTC) to back its new US dollar stablecoin, has bought over 5,000 BTC. Wallet data confirms that on April 6, Terra added another 5,040 BTC to its balance, which now totals 35,768 BTC. Terra buys the dip… again The move comes after a multi-day lull in buying activity by the Blockchain protocol. This week,…
Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the South Caucasus is restricting the energy-intensive extraction of digital currencies, citing problems with power supply. Bitcoin Mining Remains Prohibited in Abkhazia The government of Abkhazia, a breakaway republic in Georgia, has prolonged current restrictions on the minting of cryptocurrencies…
Kakao Piccoma, a Japanese digital comics’ subscription service and subsidiary of the Korean internet company Kakao, has purchased a 50% controlling stake in the Japanese cryptocurrency exchange, Sakura Exchange Bitcoin (SEBC). That makes Kakao its largest shareholder and the deal is also expected to help Kakao offer cryptocurrency services on its Piccoma webtoon platform, and expand aggresively into Web3, according…
