We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Will the SEC approve an Ethereum ETF this year? Optimism among market participants is fading—and now that the SEC’s stance on Ethereum as a security has…
The ZPL-powered zBTC token will allow Bitcoin holders to engage with the Solana DeFi ecosystem. Source: https://cointelegraph.com/news/solana-bitcoin-cross-chain-bridge-q3-2024
Ronin goes against the grain when it comes to the Web3 philosophy. For many in the crypto space, the beauty of the blockchain is that it’s permissionless and that anyone can build without a centralized authority. Instead, the Ethereum sidechain gaming network instead opts for a closed, curated approach at present. There’s a reason for this kind of early approach,…
Two bipartisan lawmakers, Reps. Wiley Nickel, D-N.C., and Drew Ferguson, R-Ga., have introduced the Providing Tax Clarity for Digital Assets Act. The bill aims to clarify that staking rewards should only be taxed at the time of their sale to prevent double taxation. Rep. Ferguson emphasized the need for clarity in the treatment of digital asset rewards, citing confusion among…
If incorporated into U.S. tax law, the bill would require block rewards from proof-of-work and proof-of-stake networks to be taxed when sold rather than when they were acquired. Source: https://cointelegraph.com/news/crypto-mining-block-rewards-taxes-legislation
Securitize, a leading player in RWA tokenization, has closed a significant $47 million funding round, with BlackRock spearheading the investment. This collaboration underscores the growing momentum and promise within the RWA tokenization landscape. The investment round, announced on May 1, saw participation from key financial institutions including Hamilton Lane, ParaFi Capital, and Tradeweb Markets. The infusion of capital will enable…
The result of today’s Federal Reserve minutes, Bitcoin miners’ robustness and increasing stablecoin demand in China could be signs that BTC has bottomed. Source: https://cointelegraph.com/news/3-signs-hint-that-bitcoin-price-is-nearing-a-bottom
In April, bitcoin miners amassed the second-highest monthly revenue of the past year, following the unprecedented earnings in March. In total, they collected $1.79 billion, which, although $220 million less than the previous month, still exceeded the revenues of December 2023, which totaled $1.56 billion. Bitcoin Miners Recorded Strong Revenue Last Month On May 1, […] Source: https://news.bitcoin.com/bitcoin-miners-log-second-highest-monthly-revenue-in-april-despite-falling-hash-value/
The Federal Reserve isn’t sticking with the schedule of interest rate cuts it predicted earlier in the year. That makes navigating the market more challenging. Source: https://cointelegraph.com/news/jerome-powell-pivot-heralds-boring-summer-for-bitcoin
The Bitcoin LSTs can be used to power Talus blockchain’s virtual AI assistants. Source: https://cointelegraph.com/news/ankr-bitcoin-liquid-staking-tokens-artificial-intelligence-ai-blockchain-talus
