Since the launch of U.S Bitcoin spot ETFs three months ago, there has been a significant influx of $12.3 billion in net inflows. These ETFs have garnered attention for their potential impact on the broader Bitcoin market. Glassnode analyst James Check recently conducted an analysis to measure the effects of these ETFs on Bitcoin’s existing
During a recent Senate hearing, Senator Tim Scott took a critical stance against the current US administration’s approach to combating terrorism financing. He accused the administration of using digital assets as a “scapegoat” while ignoring more significant traditional sources of funding, particularly those linked to Iran. Scott highlighted Iran’s substantial revenue from oil exports and
Toncoin has recently surpassed Cardano in the ranking of the largest cryptocurrencies by market capitalization. According to CoinMarketCap, Toncoin (TON) now holds a market capitalization of $23.1 billion, whereas Cardano (ADA) lags behind at $21.5 billion. This shift in the rankings correlates with the impressive growth of TON, which achieved a new all-time high on
Cryptocurrency expert Benjamin Cowen has raised concerns about the potential for a price correction in Bitcoin following the upcoming halving event. Cowen’s analysis suggests that BTC could experience a significant decline based on historical patterns. He emphasizes that while history does not always repeat itself exactly, it is important to consider potential scenarios in order
The recent explosion of ANSEMWIF, a spin-off meme coin related to influencer Ansem, has taken the crypto market by storm. With a rapid rise in price followed by a significant retracement, ANSEMWIF currently trades at a market price of $0.0003, showing a 24-hour change of -86.89%. This extreme volatility in price action is typical of
The blockchain gaming industry is constantly evolving, with new games and expansion packs being released regularly. One of the latest announcements comes from Immutable, the company behind the popular trading card game Gods Unchained. They have revealed their upcoming expansion pack, Dread Awakening, which will introduce a crossover between Gods Unchained and the highly anticipated
Recently, an anonymous cryptocurrency investor known as “Sell When Over” shared a troubling experience on a cryptocurrency platform. The investor disclosed that they had incurred a staggering loss of $800,000. This loss was attributed to the presence of two suspicious Google Chrome browser extensions that infiltrated their system. Upon closer examination, it was revealed that
Trading expert Peter Brandt has recently shared his thoughts on the Ethereum vs. Bitcoin chart, offering valuable insights into the current market dynamics. Brandt, who previously criticized Ethereum as a “junk coin” and its supporters as “Etheridiots,” now seems to have a more optimistic view. He pointed out the presence of a potential bear trap
Recently, a Nigerian High Court in Abuja made a significant decision to remand the detained Binance executive, Tigran Gambaryan, in prison. This decision came after the postponement of his bail hearing. Gambaryan, who is a US citizen, pleaded not guilty to money laundering charges and will not be released until his bail hearing on April
Recently, the Swedish tax authority, Skatteverket, made a significant ruling regarding the Value-Added Tax (VAT) treatment of NFTs. This decision was prompted by the growing economic importance and interest in NFTs within the digital realm. According to the authority, NFTs associated with digital works are subject to the standard 25 percent tax rate. The ruling
