Bitcoin stuck under $67K despite rising demand from retail, institutions

In the traditional investing world ‘unicorn’ is a term used by venture capitalists to describe a privately held startup valued at more than $1 billion. Typically these startups have strong fundamentals and oftentimes a first-mover advantage that helps them rapidly rise in value to become prized investment opportunities for yield-seeking funds. Some of the best-known unicorns…

The Internal Revenue Service (IRS) removed wording on its website that put game currencies as examples of a convertible virtual currency. This clarification is important as a new tax filing requirement obliges taxpayers to report whether they dealt with virtual currencies.The move was first reported by Bloomberg Tax on Feb. 13. Official guidelines on the…

DOGE, the native cryptocurrency of Dogecoin, rose 123% in the past seven days as the altcoin market saw a resurgence in momentum. 4977 Total views 31 Total shares The price of Dogecoin (DOGE) has rallied by more than 123% this week, hitting a new all-time high of $0.13 on strong technical momentum.DOGE/USDT 4-hour price chart…

The ongoing hack has already netted the attackers over $6 million worth of stablecoins, which have been swapped to ETH by the attacker.

A division of Chinese e-commerce giant JD.com, JD Finance, has established the Smart City Research Institute at its headquarters in Nanjing, reported People’s Daily September 28.Jingdong Group (JD.com) is a Chinese e-commerce company that focuses on new technological implementation in e-commerce, logistics, and finance. With the new Institute, JD.com aims to facilitate the development of…

While NFTs are not banned in China like cryptocurrencies, the government has warned against fraud risks associated with the nascent sector. 67 Total views 10 Total shares China’s internet giant Tencent has reportedly shut down one of the two nonfungible token (NFT) platforms owing to declining sales aided by the regressive monetary policies of the…

Synthetix (SNX) prices reached a one-month high on Monday as traders looked for alternative upside bets against a mixed cryptocurrency market.Bids for SNX/USD achieved an intraday high of $13.76 during the Asia-Pacific trading session, following an approximately 25% price rally that started Sunday. A flurry of technical and fundamental factors contributed to the sudden market…

Tuttle Capital is using U.S. lawmakers’ mandatory stock disclosure filings to back the strategy of its newly proposed ETF.