Is Bitcoin price going to crash again?
Most long-term Bitcoin holders are currently in a profitable position, which heightens the likelihood of profit-taking and sending BTC prices lower.
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Meta cancels next-gen headset as Reality Labs remains mired in VR
There’s more to the metaverse than hardware, and Mark Zuckerberg appears to be learning that lesson the hard way.
Switzerland Denies $103 Million of COVID-19 Relief for Crypto Valley
Blockchain firms in Zug have very few options. 1757 Total views 53 Total shares The Swiss government has denied a 100 million franc request by the Canton of Zug for use in keeping local crypto companies afloat, according to local newspaper Tages-Anzeiger. Zug’s finance director Heinz Taennler initiated support for the financial package earlier in…
Why $8.1K Will Be a Key Level for Bitcoin Price for the Next 6 Months
Bitcoin (BTC) is trading at $9,687 representing a 0.87% loss in value in the last 24 hours and 1 % for today’s sessionLooking at performance relative to its peers, Ether (ETH) and XRP are both underperforming versus Bitcoin at the moment. Ether, the second-biggest cryptocurrency by market capitalization, being down 1.29% and XRP 1.22% in…
CMT Digital Head Says BTC Trading Still Strong Despite Global Conditions
Amid global coronavirus fears and plunging mainstream markets, Bitcoin (BTC) trading has remained largely unchanged, according to CMT Digital head of trading and business development, Brad Koeppen.“Bitcoin trading has not been that different,” Koeppen told Cointelegraph in a March 31 email. “Volatility and volumes saw an uptick as BTC sold off with the traditional markets…
Australia to impose capital gains tax on wrapped cryptocurrency tokens
Delivering a major hit to Australian crypto investors, the ATO stated that wrapping or unwrapping tokens — irrespective of their price at the time — will be subject to capital gains tax. 198 Total views 2 Total shares The Australian Taxation Office (ATO) has issued guidance on capital gains tax (CGT) treatment of decentralized finance
An introduction to decentralized NFT catalogs
Over the last year, venture capitalists poured more than $4.6 billion into infrastructure and projects related to nonfungible tokens (NFTs). This infrastructure now needs users. They will come when people understand that they can apply these NFTs not just for speculative purposes but to design and structure their everyday activities. For these, they don’t need NFTs…
Europe’s Crypto Believers on the Rise Amid COVID-19 Crisis, bitFlyer Says
Europeans are getting more confident about the future of the cryptocurrency industry amid the coronavirus pandemic, according to a new report.People in Europe are becoming more optimistic about the Blockchain space. In 2020, more Europeans believe that crypto will exist in 10 years than ever before, bitFLyer exchange reported on April 29.Amount of crypto believers…
Coil, Mozilla, Creative Commons Offer $100M Grant for Web Monetization
Ripple-backed content platform Coil and major open-source browser Mozilla have teamed up to give away a $100 million grant for web monetization.In a Sept. 16 blog post, the team behind Coil revealed that it, Mozilla and Creative Commons, a nonprofit that provides free licenses for creators, are jointly donating $100 million for a program aimed…