Using the coinblocks models, Cointime Economics can determine BTC’s movement. The on-chain metric can also identify the liveliness or inactivity of the network. After 18 months of intense research, a new on-chain metric has been added to the Bitcoin [BTC] clan. And the initiators are none other than on-chain analytic platform Glassnode and global asset […]
Treasury, IRS issue updated crypto tax rules defining DeFi platforms as brokers
The U.S. Treasury Department has proposed comprehensive tax rules aiming to streamline the crypto tax landscape, as reported by the Wall Street Journal. The proposed rules, when fully implemented, will obligate crypto businesses to interact with the IRS in a similar fashion to traditional brokers handling stock and mutual fund portfolios. From 2026, these platforms […]
Bitcoin 🛟 Roundup – Banks: Zombies or Vampires?
The following is this week’s . Imagine the largest banks in the world, serving millions, had a side business manipulating the price of gold – pushing would-be buyers of sound money toward worse alternatives. It sounds far-fetched. Something like that could never happen in a tightly regulated financial system, where banks’ compliance cost has risen […]
Cardano (ADA) Price Analysis for August 25
When can traders expect local rise of Cardano (ADA)?
PEPE: Analyzing Recent Whale Activities and Market Trends
In the dynamic realm of cryptocurrency, PEPE has stirred interest with recent significant maneuvers, prompting careful scrutiny. Merely 3 hours back, a notable whale invested 320 ETH (equivalent to $529,000) to secure 640 billion PEPE tokens, further enriching their strategic investment series and highlighting unwavering engagement with the frog-themed token. This recent move follows a […]
Magnate Finance’s $6.4M scammers linked to Solfire and Kokomo rug pulls
Magnate Finance rug pull is connected to Solfire and Kokomo Finance scams, blockchain sleuths say. The deployer address of the Base-based protocol was the same in the $4.8 million and $5.5 million scams respectively. On-chain sleuths have linked the deployer address of Magnate Finance, the DeFi protocol on Base that just rug pulled with $6.5 […]
US Proposes Rules for Crypto Reporting to Close Tax Gap!
The post US Proposes Rules for Crypto Reporting to Close Tax Gap! appeared first on Coinpedia Fintech News The U.S. Treasury Department has released proposed rules that would require brokers and exchanges to report certain sales on crypto, from bitcoin to NFTs, in an effort to close the tax gap. The proposed regulations are aimed […]
Solana’s DeFi space shows potential, but what has investors worried?
Solana recently announced multiple launches and partnerships. Though SOL’s chart was red, a few of the metrics suggested a trend reversal. Solana [SOL] DeFi’s Total Value Locked (TVL) has fallen sharply over the past year since being at its lowest since February 2021. However, Solana’s relatively stable TVL has provided some relief to the overall […]
Polkadot Gears Up for Stellar-Based USDC Launch: Web3 Interoperability Meets Billion-Dollar Stablecoin Giant Circle
Circle’s USDC stablecoin is expanding to new blockchains like Base, NEAR, Noble, Optimism, and Polkadot, boosting accessibility and options for users and developers. This expansion offers faster and cheaper transactions, making USDC more accessible for businesses and people worldwide. The Polkadot blockchain, known for its Web3 interoperability, is gearing up for the upcoming launch of […]
Blockchain Social Philippines 2023 highlights: Seizing opportunities with blockchain’s help
The event, powered by nChain, showcases how upskilling local talent in emerging technologies like blockchain will pave the way for the next wave of innovators in the Philippines. […] Read More… The post Blockchain Social Philippines 2023 highlights: Seizing opportunities with blockchain’s help appeared first on CoinGeek.