South Korea suggests crypto management system to fight tax fraud

South Korea is preparing and implementing robust measures to combat tax evasion associated with virtual assets. The National Tax Service of South Korea has designated GTIC for the integrated management system (ISP) of virtual assets in an effort to prevent tax evasion. With big measures being implemented throughout the world, such as the SEC’s regulation […]

Donald Trump Comments on Bitcoin and NFTs, Says He Likely Wouldn’t ‘Take It Away’ if Elected President

Donald Trump, the former president and presumptive Republican nominee in 2024, is signaling his support of digital assets. In a new CNBC interview, Trump indicated if he were elected president again he would not crack down on the use of Bitcoin (BTC) and other cryptocurrencies through increased regulations. According to Trump, the use of digital […]

MicroStrategy Stock Soars 14% as Saylor Buys More Bitcoin

Software company MicroStrategy’s stock is booming as the publicly listed firm continues to snap up Bitcoin at a rapid rate. MicroStrategy—which trades on the Nasdaq under the ticker MSTR—was trading for as much as $1,610 per share on Monday. That represented a rise of nearly 14% over the previous 24 hours. Even though it has […]

XRP’s Role in Financial Transformation: Ripple Unlocks Liquidity in Tokenized Economy

Ripple delves into the complexities surrounding liquidity in the evolving tokenized economy, highlighting its dual role as both a challenge and an opportunity for businesses. Ripple emphasizes the potential of tokenization to enhance liquidity and foster market growth amidst the rapid evolution of digital assets. Blockchain startup Ripple delves into the complexities surrounding liquidity in […]

Wormhole Explains Why Some Users Are Getting More Airdrop Tokens Than Others

The crypto world is abuzz over the upcoming W governance token airdrop from cross-chain protocol Wormhole, with the eligible wallets spanning Solana, Ethereum, and beyond. But not everyone is happy about the wallet selection process, or how many tokens are being allocated to certain users or communities. In any effort to clear up confusion around […]

Bitcoin Is Headed for $150K, Say Bernstein Analysts

Fresh off a new all-time high price, Bitcoin is on its way to $150,000 per coin, according to global investment firm AllianceBernstein. In a Monday note, the firm said that the sheer volume of cash flooding into newly approved exchange-traded funds will ensure the value of Bitcoin will continue to rise. The firm predicted last […]

Bitcoin Developers Unite to Draft Guidelines for BRC-20 Tokens

The immense popularity of Bitcoin Ordinals and new meme coins minted on the world’s top blockchain has brought a coalition of Bitcoin developers together to cooperatively formalize the underlying BRC-20 fungible token standard. The coalition—the newly formed Layer 1 Foundation—announced its new governance body on Monday, focused on ensuring trust and transparency around the protocol […]

Bored Apes and Other Yuga Ethereum NFTs Are Shedding Value—Why?

Several NFT collections created by industry giant Yuga Labs have sunk to all-time low ETH valuations—at the same time that other NFT projects, including those acquired by the company, have grown in value on the wings of booming crypto prices. Mutant Ape Yacht Club (MAYC), for example, a collection released by Yuga in August 2021, […]

VanEck Buys $120 Million Bitcoin, Net Inflows Top $500 Million

VanEck has seen a big jump in bitcoin buying with $118.8 million in inflows for Monday, up from their average of $6 million while overall net inflows come to $505 million.

Bitcoin (BTC) on Verge of $100,000? Here’s Why

Despite reaching ATH, Bitcoin clearly has far more to offer