Most Andrew Tate-endorsed memecoins crashed to zero
The controversial social media figure has already been accused of insider trading and crypto market manipulation in the past.
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Bitcoin (BTC) and “unsteady cryptocurrency mania” are the one of six factors that threaten Goldman Sachs 2018 market outlook, according to a July 2018 report by the Goldman Sachs Investment Strategy Group. The report entitled “(Un)Steady as She Goes,” highlights “cryptocurrency mania” as one of several factors that could affect their initial market outlook for…
After exec declares Bitcoin maximalism ‘over,’ XRP price surges
“I think that the days when folks believed that there’s only going to be Bitcoin, I think, are over,” said Asheesh Birla. 293 Total views 2 Total shares In a podcast for Lend Academy recorded Nov. 5, Asheesh Birla called Bitcoin (BTC) a “pretty innovative alternative to gold,” but added that 2020 had shown there…
Lithuanian tax service’s first confiscated crypto sale nets $7.6M
The Lithuanian State Tax Inspectorate exchanged Bitcoin, Ether and Monero for 6.4 million euro. 2041 Total views 12 Total shares The Lithuanian government has reportedly sold a batch of cryptocurrency seized by local enforcement agencies.The State Tax Inspectorate, or STI, the country’s tax authority, sold confiscated crypto assets worth 6.4 million euro ($7.6 million) and…
FTX’s collapse could change crypto industry governance standards for good
The crypto market is often referred to as the Wild West of the finance world. However, the events that have unfolded within this space recently would put to shame even the hardiest of cowboys from the day of yore. As a quick refresher, on Nov. 8, FTX, the second-largest cryptocurrency exchange in the world till about…
US mulls applying fiat reporting mandate on crypto transfers
The US Treasury and Federal Reserve plan to redefine “money” used under the Bank Secrecy Act, aiming to include cryptocurrencies and digital assets in new reporting requirements.
Traders expect 200% upside from MATIC, but does Polygon network data support that?
In the past year, Polygon (MATIC) has focused on growing their list of high-profile partners which includes luminaries like Disney, Starbucks and Robinhood. The recent announcements of partnerships with both Instagram and JPMorgan have speculators pushing the token price up nearly 200%. In addition to partnerships, blockchain adoption through network usage is important to analyze. Blockchain…
Ripple Promises Higher Degree of Accuracy in XRP Volume and Sales Reporting
Ripple, the company behind settlement-oriented crypto asset XRP, promised a higher degree of accuracy for XRP volumes and sales in a post published on June 3.In its announcement, Ripple cites recent reports about fake cryptocurrency trading volumes, such as the one recently released by United States-based asset manager Bitwise, which claims that 95% of bitcoin…