Italy scales back plans to hike crypto tax rate: Report

The rise of Web3 apps, or decentralized applications (dApps), has been nothing short of a journey in recent years. From blockchain-based social media platforms to non-fungible tokens (NFTs), the Web3 ecosystem has definitely started moving in a positive direction. However, as great as the positives are, there have been some bumps on the road and…

Binance announced a helmet design competition to shortlist the winning art, which will be used as the helmet artwork of Gasly, who won the 2020 Italian Grand Prix. 269 Total views 1 Total shares The winner of a new art competition hosted by Binance will see their design featured on the helmet of racing driver

In cryptocurrency trading, a “buy wall” is a massive buy order, or multiple buy orders, around a particular price level. Conversely, a “sell wall” is a significant accumulation of sell orders at a given price level.Before understanding how buy and sell walls work, it is important to know what an order book and its market…

Despite ongoing bullish movement in crypto markets, Circle continues to sell off wings of its business.Circle, a Goldman Sachs-backed crypto startup that launched USD-pegged stablecoin USDC, has agreed to sell its digital asset investment app Circle Invest to Voyager Digital Canada, the operator of digital asset broker Voyager.Circle Invest customers to be moved to the…

The head of United States regulator the Securities and Exchange Commission (SEC) reiterated its focus on the cryptocurrency space in a new speech on April 8.Speaking at the SEC Speaks conference in Washington, chairman Jay Clayton highlighted the digital currency space while giving a broad overview of the organization’s activities and roles.Clayton chose to touch…

Bitcoin price is chasing after its all-time high and altcoins appear ready to follow.

As of March 22, the Fed's balance sheet surged by nearly $94.5 billion — a $297 billion increase from the last week when the banking crisis started. New QE hopes boost Bitcoin priceOverall, the U.S. central bank's liabilities increased by $393 billion in the last two weeks to $8.734 trillion. That is closer to the all-time high of…

Small businesses can now accept cryptocurrency payments using OLB’s point-of-sale technology. 2036 Total views 12 Total shares OLB Group (OLB), a New York-based e-commerce merchant service provider, is making it easier for businesses to accept cryptocurrency payments.OLB’s more than 8,500 merchants are now able to accept Bitcoin (BTC), Ethereum (ETH), USDC and DAI at the…

Last month, Facebook rocked the world with its blockbuster Libra announcement. Even a year ago, the idea that an iconic United States company would launch a digital currency or that a sitting president would tweet about it seemed insane. Welcome to the new normal.The Libra announcement sent politicians scrambling, hit the mainstream media like a hurricane, and left…