Crypto Tax: Variant Fund CLO Teases Lawsuit With IRS As Defendant

Variant Fund’s Chief Legal Officer Jake Chervinsky is positive that there may be a looming lawsuit with the Internal Revenue Service (IRS) as the potential defendant. This big expose comes as the agency believes that many crypto holders are currently evading tax.  US IRS Maintains Surveillance To Enforce Tax Compliance Chervinsky pointed out that the […]

Ethereum Price Analysis: Whale Activity Spikes as ETH Finds Support At Key Fibonacci Level

For over a week, the second largest cryptocurrency Ethereum has been trading sideways trying to sustain above the combined support of $2875 and 38.2% Fibonacci retracement level. Despite stable support and the completion of the fourth Bitcoin halving, the ETH price witnessed a modest upswing to $3144 this weekend registering a 9.5% jump. Will this […]

Polkadot (DOT) Launches Runtime Upgrade And The Unexpected Happened

The much-anticipated Polkadot runtime upgrade has gone live on the mainnet. Unusually, the upgrade triggered a sudden halt on the blockchain’s parachains. Expectations from Polkadot Runtime Upgrade According to one of its parachains, Moonbeam Network, the runtime upgrade on Polkadot triggered a cessation in block production on other competing parachains. Moonbeam confirmed that its parachain […]

New Emails Reveal Satoshi Nakamoto’s Early Vision for Bitcoin

The recent release of a set of emails between Satoshi Nakamoto, the pseudonymous founder of Bitcoin, and an early Bitcoin contributor, Martti Malmi, has shed light on the digital currency’s original philosophy and initial operational issues. These emails are among a wider communication initially unearthed during legal proceedings involving Craig Wright, which reveal Nakamoto’s particular […]

Shiba Inu (SHIB) Torches 392M Tokens As Burn Rate Shoots 57,000%

Shiba Inu’s (SHIB) burn rate, a crucial growth metric, has seen more than 57,000% in the last 24 hours, indicating a major push to boost its deflationary status. Shiba Inu Records Largest Monthly Burn Rate According to Shibburn, the meme coin’s burn tracker, a burn rate of 57,262.74% was spotted.  This implies that 396,286,654 SHIB […]

Crypto Price Prediction 4/21: Memecoins Gain Momentum Post-Bitcoin Halving

Crypto Price Prediction: On April 19, 2024, the cryptocurrency market witnessed a major milestone called the fourth Bitcoin Halving— an event that reduces the reward for mining new blocks from 6.25 to 3.125 BTC, thus diminishing the rate at which new bitcoins are introduced into circulation. While this development is perceived as extreme bullish confirmation, […]

Pepe Coin Price Eyes $0.00001 High As Chart Pattern Hints End-of-Correction Trend

Pepe Coin Price: For the last couple of months, the meme coin sector has shown an intense pullback phase in motion. With the top and hot coins like DOGE, SHIB, and BONK failing to perform, the frog-themed PEPE struggles to escape the bear claws. With a downtrend at play, the meme coin finally finds a […]

Bitcoin Price Analysis: When to Expect the Post-Halving Rally?

Bitcoin Price Analysis: On April 19th, Bitcoin, the largest cryptocurrency market cap completed a major milestone called ‘halving’ — a phenomenon where the reward for mining Bitcoin transactions is cut in half. This reduction from 6.25 to 3.125 bitcoins per block in this fourth aims to control inflation and mimic the scarcity-driven value increase similar […]

Ethereum (ETH) Price Surges 3.66% Amid Ancient Wallet Activation

The cryptocurrency market has witnessed a surge in Ethereum (ETH) price by 3.66% over the last 24 hours, reaching $3,175. This surge coincides with the reactivation of an ancient Ethereum wallet that had been dormant for nearly 8.7 years, according to data from the crypto tracker Whale Alert. The dormant wallet, holding 197 ETH valued […]

Scam Alert: Crypto Betting Site ZKasino Rug Pulls, MEXC Dissociates Self

There are speculations that the decentralized gambling platform ZKasino may have played a fast one on its users through a rug pull. ZKasino Makes Suspicious Moves In March, the decentralized P2P order book exchange ZigZag levied some accusations against ZKasino. This accusation hinges on the inclusion of the alleged diversion of funds intended for project […]