Market Analysis

Are Large Investors Selling Their ADA Holdings?

June 7, 2023 0

Over 80% of Cardano (ADA) addresses are already in the red. Some major investors now seem to be dumping their holdings. Since its all-time high in September 2021, ADA has been in a continuous downtrend for […]

To Identify or Not in a Web3 World?
Regulation

To Identify or Not in a Web3 World?

June 7, 2023 0

Ironically, permissionless decentralized applications (dapps) leave significant groups of users unable to participate. Regulated entities such as asset managers or allocators are generally not able to do business with “bad actors” (terrorists, financial criminals, etc.). […]

Market Analysis

IRS Works on New Crypto Tax Rules to Enforce Compliance

June 7, 2023 0

US Congressmen Brad Sherman (D-Calif.) and Stephen Lynch (D-Mass.) have implored the US Treasury and Internal Revenue Service (IRS) to urgently curb “major tax evasion.” The request follows Treasury’s announcement that cryptocurrency brokers need not […]