Cryptocurrency Analysis and News Portal
It appears that withdrawals from crypto exchange Binance have largely subsided after its $4.3 billion settlement with the U.S. Department of Justice last week. Data from blockchain analytics firm Nansen shows that Binance witnessed a net inflow of $87.4 million in Ethereum token deposits in the past seven days. Meanwhile, the
Read More
Bitfinex’s recently launched Tether (USDT) tokenized bond, hailed as a “new era for capital raises,” appears to have failed to garner the investment and interest the firm anticipated.Bitfinex Securities, a platform focused on listing tokenized real-world assets (RWA), announced its first tokenized bond in October, called ALT2611 Tokenized Bond, with
Read More
Hi fam, Today we’re celebrating a union that took place recently when VESA travelled to Dubai for a month of meetings, partnership calls,
Read More
The potential approval of a spot Bitcoin ETF in the United States has stirred considerable attention in recent weeks. Dan Morehead, CEO
Read More
Cardano (ADA) rose 36% in the last two weeks. Santiment reports that on-chain activity endorses the uptrend. Kaspa (KAS) and InQubeta (QUBE) are also receiving capital, pointing to rising confidence. Investors appear interested in InQubeta, as evident in the ongoing presale. So far, over $4.8 million has been raised in stage
Read More
In an announcement shared with crypto.news on Nov. 15, Bitfinex Securities Ltd, the first global digital asset platform licensed and registered in the AIFC, has shared the news of its new tokenized bond, which has since gone live. The accompanying capital raise is set to run for two weeks, starting on
Read More
The 90 day net change in the supply of the top four stablecoins has flipped positive, indicating an inflow of capital into the market. Source
Read More
“Being able to wrap tokens is a valuable and necessary cross-chain interoperability tool,” said Michael Bacina, Digital Assets lawyer at Piper Alderman Lawyers. “To have a purely technological function triggering a tax event and tax payable is not something users would expect when using crypto-assets.” Source
Read More
The Australian Taxation Office (ATO) has issued guidance on capital gains tax (CGT) treatment of decentralized finance (DeFi) and wrapping crypto tokens for individuals, clarifying its intent to continue taxing Australians on capital gains when wrapping and unwrapping tokens.In May 2022, the ATO outlined crypto capital gains as one of
Read More
The Singapore-based crypto trading firm said a narrative around spot ETH ETFs should fuel market sentiment ahead of a widely anticipated green light for similar products tied to Bitcoin spot prices. QCP Capital published a market update highlighting factors behind bullish movements in crypto’s ecosystem while cautioning investors against risky bets
Read More