Major Insights-
SmartOptions has launched an on-site platform called SmartOptions Shop for risk-free crypto signal subscriptions in 2023.
Verified Crypto Traders is the first provider featured on the webshop, and users can purchase VCT subscriptions with special discount codes directly on the site.
The initiative reduces the risk of scams and makes the purchasing process smoother and easier for users, with
Cryptocurrency donations made to the Wikimedia Foundation, which owns and runs Wikipedia, are no longer accepting crypto donations. It took three months of deliberation, as per the report. Molly White, a Wikipedia contributor, tweeted an image of the notification. According to Mashable, White also maintains the 'Web3 is Going Great' website, which records cryptocurrency frauds and attacks. During a three-month-long conversat
The bitcoin price finally rose after five days of erratic performance, but experts questioned if the recent surge would have any staying power in an anticipated dismal start to quarterly results, monetary hawkishness, and macroeconomic precariousness, among other factors.The crypto exchanges in India look to be "dropping out of the window, but grabbing onto the ledge," according to Alex Kuptsikevich, an analyst at FxPro, who
Avoid missing CoinDesk's Consensus 2022, the must-attend crypto & blockchain festival event in Austin, TX, on June 9-12 this year! On Thursday, it was announced that the football nft crypto will be experimenting with non-fungible tokens (NFT), introducing a series of card-themed collectibles in conjunction with its upcoming player draft.A live version of the collection is available on the league's Polygon-based marketplace,
Britain's previous approach to financial technology regulation has been held up as the de facto benchmark, but its more risk-averse stance has stifled the sector's expansion in crypto, according to industry crypto regulators.Investors have been warned by the Financial Conduct Authority and the Bank of England several times since token prices started rising in 2020, but crypto regulation in the U.K. is only just now beginnin
As the cryptocurrency industry continues to expand around the globe and across a wide range of businesses, financial institutions are seeing a surge in demand from customers for services and investments in the crypto license that are both secure and compliant with regulatory requirements.One institution that has taken the initial steps toward delivering digital asset-related services is the German-based Commerzbank, which ha
Since mid-January, Shiba Inu Robinhood has begun to form a much-anticipated wedge formation that is supposed to lead to a bullish breakout. This structure's top trendline signaled an upward break even though the price was trading below both contracting trendlines.As early as February, there were rumors that Robinhood might begin trading SHIB tokens. It took six months of persistent campaigning by Robinhood's users before the
Real-world statistics and expert opinion seem to be at odds with European Central Bank President Christine Lagarde, who described cryptocurrencies as a "threat" to global security. Christine Lagarde, the president of the European Central Bank, has reaffirmed her concerns that Russian people and companies are using cryptocurrency to circumvent sanctions.According to Chainalysis, daily crypto trading in rubles was just $7.4 mi
A 30 percent tax rate, the same as the lottery winners' tax, will apply to cryptocurrency tax earnings beginning in April of this year. Virtual digital assets include Bitcoin, NFT, and their corresponding profits. However, the tax rate on stock trading varies between zero and 15 percent depending on the tax bracket in which it is lodged (if filed as a short-term capital gain). To avoid falling foul of the legislation in the
Now, people in Dubai can purchase and sell items using money after crypto regulation. President Mohammed bin Rashid, who serves as Vice President and is also the ruler of Dubai, said that the emirate had enacted its first legislation on virtual assets.People in Dubai are working on crypto regulations that will protect investors while also assisting companies in growing in a manner that is beneficial to everyone.Consequently, t
As of February 13, 2022, according to data, the average transaction cost on the Ethereum gas fees has plummeted to its lowest level in four months, marking the lowest level in four months. The last time eth gas costs on Ethereum were this low was in mid-September 2021, and since then, the average rate has dropped to around $15.13 per transfer.The fees for Ethereum are decreasing.Compared to the middle of January 2022, when
Early 2023 will be blessed with a digital euro because a bill for a digital euro will be proposed the following year. EU finance chief Mairead McGuinness has mentioned in a conference reported by the politico that the European Union would conventionally go for legislation around a digital euro next year. This new digital Euro will be nothing but the EU's version of a central bank digital currency, i.e. CBDC. A central bank di
Nirmala Sitharaman, India's finance minister, declared on February 1st a 30% crypto tax on any income derived from the transfer of virtual digital assets, indicating that no deductions or exemptions will be permitted. This is a significant step for taxes on crypto that is thought to have placed cryptocurrencies and Non-Fungible Token (NFT) within the tax net.In addition to a 1% Tax Deducted Source (TDS) on payments for the
High levels of unpredictability and volatility characterize cryptocurrency trading. However, the sheer structure of the sector often results in windfall profits for certain investors. The new year started with a lot of optimism for the larger players, such as Bitcoin and Ethereum, but they have yet to experience a significant increase in value. Bitcoin has been in a downward spiral for most of this year, and hence people have
During the year 2021, the blockchain gaming sector saw a massive boom. Blockchain games have the potential to revolutionize the gaming business by providing players with a way to make money as they play their favorite games.These are the top blockchain games that can provide a rewarding gaming experience while also providing the greatest prospects for players to make money. The following is a list of the greatest crypto games
Bearish:
Arthur Hayes, the CEO of Hong Kong-based cryptocurrency exchange BitMex, told Yahoo Finance that the lack of volatility in Bitcoin (BTC) could continue in 2019 and 2020, while price might slowly fall to as low as $2,000. He further explained that Bitcoin requires volatility to gain mainstream adoption, but media writes about things that move, so “no movement, no coverage”. Reminder: in July, Arthur Hayes stated o
Bearish:
the U.S. Securities and Exchange Commission (SEC) has charged the founder of decentralized exchange EtherDelta, Zachary Coburn, with a violation of the federal securities laws for operating an unregistered securities exchange. EtherDelta is a smart contract on the Ethereum blockchain, which acts as a secondary market for trading ERC-20 tokens, including tokens that are securities under the federal law. However, the
Hackers:
the official Twitter handle of Google’s G Suite has been compromised to promote 10,000 Bitcoin (BTC) giveaway scam to its 822K followers. An official Twitter account of US retail giant Target has been hijacked to promote fake giveaway to almost 2 million followers. Numerous high profile verified Twitter accounts have been recently hacked to promote malicious giveaways. The list of victims includes celebrities, pol
Bearish:
Hong Kong-based cryptocurrency exchange OKEx announced that it will delist 50+ trading pairs with low liquidity and trading volume. Reminder: earlier this month, OKEx added support for 4 new stablecoins pegged to the U.S. dollar: GUSD, PAX, USDC, and TUSD.
Bullish:
the Shenzhen Court of International Arbitration declared that cryptocurrencies such as Bitcoin must be treated as legal property, despite the ban from
Bakkt revealed the first crypto product as physical bitcoin futures. Will that be the trigger for the big bitcoin bull run?
On the 3rd of August, Intercontinental Exchange (ICE) announced the launch of a cryptocurrency/digital asset platform dubbed Bakkt. The project, which is backed by A-list firms like Microsoft, BCG, and Starbucks will provide a “scalable on-ramp for institutional, merchant and consumer participation in
Introduction
Bitcoin, the world's first and most well-known cryptocurrency, has seen a tremendous surge in popularity in recent years. With more and more people looking to invest in Bitcoin, various investment options have emerged, including Bitcoin ETF.
In this article, we will explore everything you need to know about Bitcoin ETF. We will discuss what Bitcoin ETF is, how it works, and the benefits and drawbacks of investin
