In the fluctuating world of cryptocurrencies, the performance of any coin or token is typically dependent on a myriad of factors, including market sentiment, technological advancements, regulatory changes, and more. For instance, Litecoin (LTC), a stalwart in the crypto market, has lately been stuck in a range-bound state. Meanwhile, Alex The Doge (ALEX), a rising […]
Elliot Johnson argues surveillance agreement key to SEC approval of spot Bitcoin ETF
In an interview between Elliot Johnson of Evolve ETFs, a Canadian investment firm that manages the EBIT spot Bitcoin ETF, and Joe Carlasare, a commercial litigator supportive of Bitcoin, Johnson commented on what he views as the key to BlackRock’s potential success in obtaining its Bitcoin ETF — its surveillance agreement. Surveillance-sharing agreement While discussing […]
Slovakian Lawmakers Pass Amendment Lowering Cryptocurrency Taxation
Lawmakers in Slovakia have approved new legislation, with a resounding 112-2 vote in favor, aimed at reducing taxes associated with the sale of crypto or digital assets. In addition to the aforementioned tax-cutting law, members of the National Council of the Slovak Republic, the country’s parliament, have further endorsed additional measures that impact cryptocurrency holders. […]
United Kingdom Officially Embraces Cryptocurrency as a Regulated Financial Activity
The Financial Services and Markets Act 2023 has officially become law in the United Kingdom. The bill gives regulators the power to govern crypto and stablecoins. The United Kingdom has passed a landmark bill recognizing cryptocurrencies as regulated financial activities within the country. This significant decision by the UK government has marked a remarkable turning […]
The United Kingdom Wants Gambling Laws to Apply to Crypto Trading
Is investing in crypto equivalent to gambling? That’s how the United Kingdom sees it, and leaders are suggesting that crypto be regulated in the same way the U.K. oversees gambling activities. The United Kingdom Sees Crypto Investing as Gambling To an extent, one can argue that investing in crypto is sort of a gamble. Whenever […]
Cardano (ADA) Painted Trend Reversal Pattern: Details
Cardano could be on verge of reversal, despite depressing performance in past
Solana NFT protocol Cardinal to halt operations in August
Solana-based (SOL)protocol Cardinal, which pioneered “conditional ownership” in NFTs, has announced that it would end operations effective August 26. The team cited the “incredibly difficult macroeconomic environment” as its reason, according to a June 28 Twitter thread. “We’ve done our best to navigate this incredibly difficult macroeconomic environment since we began building 18 months ago, […]
XRP Whales Anticipate ‘Monster Bull Move’ On A Ripple Win Against SEC As Coin Accumulation Escalates
The recent volatility in crypto prices has opened up enticing prospects for shrewd investors, specifically those who hold a significant amount of XRP to acquire additional coins. Earlier today, renowned crypto analyst Ali Martinez highlighted the unusual buying activity of XRP whales during the recent market dip. In a tweet, Martinez noted that despite XRP’s […]
Polygon 2.0 Aims to Provide ‘Unified Liquidity’ Across Ethereum Scaling Networks
The company said Polygon 2.0 will better connect separate blockchains and do away with wrapped tokens.
Lightspark CEO says US lags UK in digital asset development
Lightspark CEO David Marcus recently expressed concerns about the United States falling behind in digital asset development, further intensifying discussions on global cryptocurrency competitiveness.