In a recent X (formerly Twitter) post, renowned crypto expert Miles Deutscher provided valuable insights into his weekly tokens and narrative watchlist, focusing on critical altcoins and upcoming events with significant trading potential. Altcoins Poised For Potential Breakout Deutscher’s analysis sheds light on several altcoins, including Solana (SOL), SingularityNET (AGIX), Fetch.ai (FET), Ocean Protocol (OCEAN), […]
Fragmentation in DeFi: DeFi’s liquidity challenge
Yet, as with any transformational shift, growing pains are inevitable. Among these, fragmentation, particularly in terms of liquidity, casts a shadow over the DeFi horizon.
Judge Blocks ‘Going Infinite’ Excerpt as ‘Inadmissible Hearsay’ at Sam Bankman-Fried Trial
While Michael Lewis’ book flew under the radar, the prosecution put a spotlight on Zeke Faux’s “Number Go Up.”
Starknet Excludes U.S. In Rewards Plan Amid Regulatory Fears
The Starknet Foundation’s planned rewards to early contributors will not include U.S. citizens. Continue reading at DailyCoin.
Solana NFT App Backpack Launching Crypto Exchange With Dubai License
Backpack, a Solana-based NFT wallet app, announced Tuesday it will launch a regulated cryptocurrency exchange called Backpack Exchange. The exchange received a Virtual Asset Service Provider license for Exchange Services from the Dubai Virtual Assets Regulatory Authority (VARA). VARA, which oversees virtual asset activities in Dubai, granted the license after a “rigorous” evaluation process, according […]
Bitcoin price surge to $35,000 triggers over $1.5B in profit-taking
Quick Take CryptoSlate’s recent data analysis reveals intriguing patterns in Bitcoin profit-taking behaviors amid volatile market conditions. The analysis showed that the Bitcoin price level of $35,000 has acted as a short-term resistance, with a surge in profit-taking around this point. Specifically, on Oct. 24, over $1.5 billion of realized profit was reported, marking the […]
Bitcoin bonanza or bust? NVT surge stirs mania fears
Bitcoin’s underlying network value has become massively overextended versus transaction activity, suggesting the rally may be overheating.
Solana NFT App Backpack Launching Crypto Exchange With Dubai License
Backpack, the Solana-based app best known for “xNFTs” and its connection to the Mad Lads project, will roll out a regulated crypto exchange.
Elon Musk Sets Ambitious One-Year Deadline for ‘X’ to Disrupt Banking with Dogecoin (DOGE) at the Helm
Musk intends to disrupt both the traditional banking institutions and the web3 DeFi protocols in providing tokenization and basic payment services through the X platform and has obtained several payment licenses from different jurisdictions. With his unwavering support for Dogecoin (DOGE), meme coins, and other digital assets, Musk is likely to integrate the X platform […]
Is Portugal Europe’s Crypto Tax Heaven? Legal Expert Shares Insights and Loopholes
Portugal, with its tax-friendly stance on crypto, stands as a beacon for investors in the digital asset industry. The country’s unique tax laws offer a spectrum of advantages for those engaged in the crypto market. One of the hallmarks of Portugal’s crypto tax law is the explicit exclusion of taxation on crypto-to-crypto transactions. This allows […]