MOON is an ERC-20 token distributed as a reward for comments or posts in the r/CryptoCurrency subreddit. Users can store coins in Reddit’s Ethereum-based wallet, called Vault. They can freely trade, tip, or spend those […]
These transactions come as outflow from Huobi continues. Data from Nansen.ai shows that in the last week, $92.2 million in Ethereum-based tokens have flowed off the exchange, while $101 million in total across all blockchains […]
Ark Invest’s Cathie Wood has predicted that a race among exchange-traded fund providers will begin as the date for her own product application approaches. A slew of ETFs has been filed recently, overwhelming the Securities […]
The crypto community has largely lauded PayPal’s newly announced stablecoin asserting that it will be a good thing for the broader industry. Furthermore, since it is being launched on Ethereum, it reinforces the premise that […]
The US Internal Revenue Service (IRS) has released new guidelines regarding the taxation of cryptocurrency rewards received by taxpayers who stake cryptocurrencies. The guidelines aim to provide clarity on whether taxpayers should include the value […]
The US Securities and Exchange Commission (SEC) must answer ARK Invest’s Bitcoin spot exchange-traded fund (ETF) application by Aug. 13. The agency must rule on the first of several applications through which Wall Street incumbents […]
The central bank of Singapore has announced it will be investing approximately $112 million to invest in technological innovation in finance. Those resources will include funding for Web3 solutions. On Monday, the Monetary Authority of […]
Bullish traders are eyeing the upcoming U.S. July Consumer Price Index report for signs of continued inflation trends, with expectations set at a 0.2% monthly increase and a 3.3% year-over-year growth, amid a context of […]
The Litecoin price has failed to rebound since the 12% retracement triggered by the latest Halving event on Aug 2. Facing the risk of costs outpacing the value of their block rewards, Litecoin miners have […]
After a brief rebound last week, another 5% price correction has seen Decentraland (MANA) price retest $0.35 on Monday Aug 7. With Yield Guild Game’s (YGG) climbing 350% and entering a new gear, it appears […]
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