Vitalik Buterin donates over $500K in animal-themed coins to charity
Vitalik Buterin urged the community to send the memecoin token funds they want to send him directly to charities.
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Bitcoin technicals sour as price dives under $54K and two critical whale clusters
Bitcoin has dropped below $54,000 on April 20 while whale clusters suggest that the key areas for BTC to reclaim in the short term are $56,274 and $55,172.The cryptocurrency market began to drop once again after an initial relief rally on Monday. Bitcoin dropped from $57,400 to sub-$54,000, losing the $55,172 whale cluster support level.Bitcoin whale…
European digital asset manager CoinShares’ revenue up 33% in Q2
Proprietary trading activities contributed heavily to the revenue increase. 170 Total views 2 Total shares CoinShares, a manager of Bitcoin (BTC), Ether (ETH) and various altcoin crypto exchange-traded products (ETPs) in Europe, reported total revenue of 20.3 million pounds ($25.9 million) in the second quarter of 2023, a 33% increase compared wit the prior year’s…
Fetch.ai (FET) gains 43% after $150M development fund and Cosmos IBC announcement
Development across the cryptocurrency ecosystem continues to move forward despite the day-to-day whipsaw price movements and this progress is furthering the public’s awareness of Web3 and the value of blockchain technology. One project that has been climbing the charts amid a marketing push to develop better brand recognition is Fetch.ai, a protocol focused on building a…
Thailand government to clear up crypto tax confusion
The Thai revenue department will expedite tax criteria as traders and businesses seek further clarity. 140 Total views 12 Total shares Thailand is fast-tracking its crypto tax plans as it readies regulations for digital asset traders this month in an effort to provide further clarity on crypto-related activities.The Thai revenue department’s director-general has stated that…
Australian exchanges delist privacy coins amid Chainalysis integration
Privacy coins are quietly being relegated to the fringes of the Blockchain space. Pressured by external forces, two Australian exchanges have begun to delist a number of privacy coins including Monero (XMR) and Bytecoin (BCN).On August 24, YouTuber Alex Saunders tweeted a screenshot of what appears to be an announcement from the Australian exchange, Coinspot.…
Losses from crypto rug pulls outpaced DeFi exploits in May: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.May was a month filled with exit scams in the DeFi world, with over $45 million lost to exit scams, while exploits on DeFi protocols racked up less…
Fidelity Canada officially launches Bitcoin ETF and Bitcoin Mutual Fund
Holding such ETFs in registered accounts can either entirely offset or reduce capital gains tax liabilities for Canadian customers. 843 Total views 36 Total shares On Thursday, Fidelity Canada officially launched the Fidelity Advantage Bitcoin exchange-traded fund (ETF) and the Fidelity Advantage Bitcoin ETF Fund (mutual fund), marking the first such assets to be made available…
Green means go: 5 spectacular altcoin rallies with one thing in common
In crypto trading we often see entire sectors move in tandem. DeFi coins may all curve upwards together, while metaverse tokens soared on news that Facebook’s getting a Facelift.But this week’s group of top crypto performers have very little in common... except one trading indicator that lit up in pulsating green neon letters before their…