Bitcoin will ‘start ripping’ as Trump’s polls improve: Felix Hartmann, X Hall of Flame
The Millennial influencer, who was offered $10M by a billionaire to start a crypto fund, says Bitcoin will rip if Trump looks like winning.
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Is Binance’s $4B settlement the green light for spot Bitcoin ETFs?
One crypto executive predicted five months ago that spot Bitcoin ETFs would only be approved after Binance lost ground on its market dominance. 754 Total views 6 Total shares Binance’s $4.3 billion settlement with the United States was the final hurdle before the country’s securities regulator approves spot Bitcoin exchange-traded funds (ETFs), many industry watchers
Report: Bankruptcy Law Can Be Unclear When Crypto Custodians Go Belly Up
A paper recently published by the Law Faculty of the University of Oxford examines the legal risks of depositing cryptocurrency with custodians in the event of insolvency. The paper, featured in a June 1 blog-post by the faculty, also suggests ways that regulation and practice can help to mitigate this risk.Disintermediation failedCryptocurrencies were initially created…
What is crypto market capitulation and its significance
Capitulation literally means concede. In the financial sphere, this term reflects a period of aggressive selling when the last of the bulls concede defeat to become bears themselves.What is crypto market capitulation?Suppose a cryptocurrency drops 30% overnight. An investor is left with two options: they can continue to hold or sell to realize the losses.There…
Report: Analyst Finds Nvidia Earned $1.35 Billion More in Total Crypto Revenue Than Stated
This story has been updated with Nvidia’s decline to comment.Taiwan-based computer hardware producer Nvidia reportedly earned nearly $1.35 billion more due to crypto and blockchain than it had stated. The numbers were calculated by RBC Capital Markets analyst Mitch Steves, financial news website Market Insider reports on Jan. 31.Steves reportedly said in a note released…
1inch seeks to optimize gas costs with its new v5 router
The new router features a number of updates, including an improved smart contract error processing system. 311 Total views 3 Total shares According to 1inch, users' gas costs for swaps will be at least 10% lower than its previous offerings in the DEX segment, thereby, making swapping activity on the Ethereum network more profitable for its…
Huobi Wallet Now Allows Crypto Credit Card Purchases Through Simplex
The wallet of cryptocurrency exchange Huobi now allows users to buy cryptocurrencies with credit and debit cards. 936 Total views 39 Total shares The cryptocurrency wallet of major cryptocurrency exchange Huobi now allows users to buy cryptocurrencies with credit and debit cards.Until now, Huobi Wallet only allowed its users to exchange between different crypto assets…
Thomson Reuters Partners With Verady On Tool To Tackle Crypto Taxes
Thomson Reuters, the multinational media conglomerate, announced on Dec. 19 a partnership with Verady, a firm that specializes in the accounting and reporting of cryptocurrencies and blockchain assets. The two companies will collaborate on bringing a new cryptocurrency tax tool to market.Thomson Reuters GoSystem Tax RS product will soon include a “Virtual Currency Organizer” for…
MEW, WIF and Solana memecoins soar amid increasing network activity
Memecoins in the Solana ecosystem continue to outperform the wider crypto market by generating double-digit weekly gains.