Sign In

Month: December 2021

Donated or Inherited Virtual Assets to Be Taxed by South Korea’s NTS

Starting in the year 2022, donated or inherited virtual assets will be assessed and taxed accordingly, South Korea’s National Tax Service has said. Dunamu, Bithumb Korea, Korbit, and Coinone are the new virtual asset service providers (VASPs) tasked with evaluating digital assets for such tax purposes. Virtual Asset Service Providers Tasked With Evaluating Crypto Gifts …

Donated or Inherited Virtual Assets to Be Taxed by South Korea’s NTS Read More »

Will US regulators shake stablecoins into high-tech banks?

U.S. stablecoin issuers might soon face liquidity, customer protection and asset reserve rules — and maybe even a deposit-insurance mandate like banks. Regulators around the world have been thinking seriously about the risks associated with stablecoins since 2019 but recently, concerns have intensified, particularly in the United States. In November, the United States’ President’s Working …

Will US regulators shake stablecoins into high-tech banks? Read More »

Tesla CEO Elon Musk Praises Dogecoin, Criticizes Bitcoin, Guesses Identity of Satoshi Nakamoto

Tesla and Spacex CEO Elon Musk says dogecoin is “fundamentally better than anything else” he has seen while he criticizes bitcoin. He also discussed the identity of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, and the official currency of Mars. Elon Musk Discusses Crypto, Dogecoin, Bitcoin, Mars’ Currency, and Who Satoshi Nakamoto Is Elon Musk shared his …

Tesla CEO Elon Musk Praises Dogecoin, Criticizes Bitcoin, Guesses Identity of Satoshi Nakamoto Read More »

Ethereum’s Transaction Volume Scales the Heights by Topping 2.14B ETH in 2021

With an annual return rate of 399.2%, Ethereum (ETH) has scaled the heights in 2021 thanks to increased adoption and notable upgrades like the London Hard Fork. Ethereum’s on-chain volume has witnessed a 36.4% surge on a year-to-date (YTD) basis. Market insight provider IntoTheBlock explained: “Ethereum aggregate on-chain volume saw a 36.4% uptick YTD compared to 2020. …

Ethereum’s Transaction Volume Scales the Heights by Topping 2.14B ETH in 2021 Read More »

Here Are the Top 10 Cryptocurrencies of 2021

Tokens linked to the metaverse, “Ethereum-killers” and memecoins dominated gains during another bullish year for cryptocurrencies. Prices for the top-performing coin rose 162-fold. The past year’s crypto market can be summed up in three words: to the moon. Bitcoin and Ethereum, which entered the year’s bull run following big gains in 2020, both reached new all-time highs. …

Here Are the Top 10 Cryptocurrencies of 2021 Read More »

MICROSTRATEGY ADDS 1,914 BITCOIN TO ITS HOLDINGS

The software intelligence firm headed by Bitcoin bull Michael Saylor bought bitcoin once again in a $94 million investment. MicroStrategy bought bitcoin yet again, the third big purchase in one month. The software company acquired 1,914 BTC for $94.2 million. Saylor’s firm now holds about 124,391 bitcoin, the largest bitcoin holding among corporations worldwide. Software …

MICROSTRATEGY ADDS 1,914 BITCOIN TO ITS HOLDINGS Read More »

The most significant flaw in the development of the metaverse? Is there a scarcity of technicians?

Last week, Meta (the umbrella company formerly known as Facebook) opened up access to its virtual-reality social media platform, Horizon Worlds. Early descriptions of the platform make it seem fun and wholesome, drawing comparisons to Minecraft. In Horizon Worlds, up to 20 avatars can get together at a time to explore, hang out, and build …

The most significant flaw in the development of the metaverse? Is there a scarcity of technicians? Read More »

Stocks making the biggest moves premarket: Biogen, JetBlue, Didi and others

Biogen (BIIB) – Biogen slid 6.5% in the premarket after Samsung denied a report in the Korea Economic Daily publication that it was in talks to buy Biogen and combine it with its biotech unit. Biogen shares had jumped 9.5% Wednesday on that report. JetBlue (JBLU) – The airline cut nearly 1,300 flights from its schedule through Jan. 13, as it …

Stocks making the biggest moves premarket: Biogen, JetBlue, Didi and others Read More »

Santo Blockchain to deliver 50 Bitcoin ATMs to Panama

Santo Blockchain’s plans in Latin America consist of 300 Bitcoin ATMs, a layer-2 wallet and a Bitcoin debit card. Panama is doing its best to keep up with El Salvador’s Bitcoinization with the installation of 50 Bitcoin (BTC) ATMs in 2022. Thanks to Santo Blockchain, 50 of the planned 300 ATMs will begin shipping to Latin America …

Santo Blockchain to deliver 50 Bitcoin ATMs to Panama Read More »

best crypto price analysis

Price analysis 30/12: BTC, ETH, BNB, SOL, ADA, XRP, AVAX

Bitcoin (BTC) and most major altcoins have bounced off their immediate support levels, indicating that the sentiment is improving and traders are buying on minor dips. Billionaire and Mexico’s third-richest person Ricardo Salinas Pliego said in his Christmas and New Year message to stay away from fiat money, terming it as “fake money made of paper …

Price analysis 30/12: BTC, ETH, BNB, SOL, ADA, XRP, AVAX Read More »