Crypto remittances in Venezuela surge as economic situation worsens
Sanctions from the United States, spiraling inflation and government corruption have created an economic nightmare for Venezuelans.
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Over 90% of ETH holders are in profit, but doubts linger over $4K breakout
While more than 90% of Ether holders are in profit, data shows traders remain cautious about the asset hitting $4,000 anytime soon.

IRS Allegedly Hopes to Make Tech Giants Release User Crypto Activity
The United States’ Internal Revenue Service (IRS) is allegedly considering requiring tech giants to report on crypto activity by users, according to a presentation reportedly from an IRS presentation and provided by a Twitter user on July 9.According to the documents shared, the IRS hopes to use Grand Jury subpoenas on firms such as Apple,…

Leveraged MicroStrategy ETF down 81% since November
Leveraged ETFs can significantly underperform in volatile markets, research shows.

Ridiculed no longer? US Space Force will launch NFT line
“We can now put this launch and Neil Armstrong’s historic achievements on the immutable ledger and memorialize and tokenize it on an NFT that the public can participate in,” said Ethernity Chain CEO Nick Rose. 416 Total views 1 Total shares The United States Space Force, a branch of the armed forces created under the…

Covalent CEO: There’s an ‘unresolved backlog’ of unfilled Web3 data roles
Ganesh Swami, CEO of blockchain data aggregator Covalent says there continues to be an “intense demand” for on-chain data analysts, that is yet to be satisfied. Speaking to Cointelegraph, Swami said that analysts are in “intense demand” as there’s a “real need” for data experts to “make sense” of on-chain data, explaining: “There is an unresolved…

Bitcoin ‘Moonvember’ begins as data shows November is best month for S&P 500
It may turn out to be a race to the finish for both traditional and crypto markets, if historical data is anything to go by. 490 Total views 3 Total shares Bitcoin (BTC) bulls are betting on a solid month for BTC price action, as November traditionally sees strong gains for United States stocks.Data shows…

Crypto Regulatory Clarity in India: The Missing Piece to Mass Adoption
It was early in March when India’s Supreme Court delivered a historic verdict on a landmark case that promised a new era for crypto in India. The Supreme Court moved to lift the Reserve Bank of India’s controversial ban on banks issuing services to crypto-related firms.It seems, however, that not all banks are complying with…

Facebook Onboards Two Former Coinbase Compliance Experts
Social networking giant Facebook has on-boarded two new compliance experts, who previously worked at United States major cryptocurrency exchange Coinbase.Mikheil Moucharrafie joined Facebook as compliance officer after almost four years of working at Coinbase. At the exchange, Moucharrafie held positions such as support analyst and quality assurance tester, anti-money laundering (AML)/bank secrecy investigator, compliance manager,…