Ethereum
Thailand Offers $1B Tax Break for Firms Issuing Investment Tokens: Reuters
The waiving of corporation and sales taxes targets companies that issue digital tokens for investment Source link
Year: 2023
Bitcoin
U.S. Lawmakers to Reintroduce Crypto Tax Reform Bill: Report
The Keep Innovation in America Act was first introduced in March 2021. Source link
Market Analysis
MATIC ranged as bears target $1
Polygon price faces a potential dump to lows of $0.94 if bears breach a major support area. MATIC is currently below the 50 simple moving average and 4-hour RSI is below 50. A downward flip […]
Regulation
Investment Firm Republic Purchases 10M Astra Protocol Tokens in New Deal
“The events of the last year have made it clear that legitimate crypto and DeFi projects with a long-term strategy can no longer afford to operate outside the bounds of TradFi regulatory frameworks,” said Republic […]
Ethereum
DeFi Protocol Tender.fi's TND Token Plunges 34% as Protocol Pauses Borrowing
TND, the native token of decentralized finance (DeFi) protocol Tender.Fi, has slumped by 34% after the platform announced that it paused borrowing on Tuesday. Source link
Bitcoin
Crypto Mining Rig Maker Canaan's Q4 Revenue Sunk 82% to $56.8M
The firm reported Q4 net loss per ADS of 38 cents compared to $1 for the same period in 2021. Source link
Market Analysis
Shiba Inu (SHIB) Price Could Be Nearing End of Correction
The Shiba Inu (SHIB) price is attempting to bounce above multiple support levels. If successful, this could confirm that the correction is done. The SHIB price has dropped since its yearly high of $0.0000157 on Feb. […]
Market Analysis
FLOKI price surges as trading on WazirX starts
WazirX is India’s largest crypto exchange. FLOKI is scheduled to start trading on WazirX on March 7, 2023. FLOKI has risen by about 11% today. The biggest cryptocurrency exchange in India WazirX recently announced the […]
Bitcoin
Ether Call Options Look Attractive Relative to Bitcoin as Volatility Spread Dwindles
Volatility is mean-reverting and has a positive impact on options prices. In other words, periods of unusually low volatility are followed by increased price turbulence, which, in turn, boosts demand for options, making them pricier. […]
Market Analysis
Silvergate Insolvency Concerns Raise Hopium for Stablecoins
Stablecoin volume is rising as the latest crypto bank fallout – Silvergate – continues to worsen. Silvergate, the crypto-friendly bank, is facing a customer exodus and a steep decline in share price as the bank […]