Cryptocurrency Analysis and News Portal
Step by step, bank overseers have widened their enforcement territory to include digital assets. In one sense, crypto was their dream financial system, with the path of most transactions auditable on a public ledger, albeit with the identities of senders and receivers hidden behind alphanumeric addresses that looked like they’d
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Blockchain Creative Labs, a Los Angeles-based company owned by Fox entertainment, is looking to dive deeper into the future of Web3. The platform has already been experimenting with non-fungible tokens (NFTs) and Web3 experiences, and it is now looking to find ways to create content and distribute it on Fox’s
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President Joe Biden and Treasury Secretary Janet Yellen say that a U.S. recession is not inevitable, dismissing the concerns of many economists who have predicted an upcoming recession. In addition, Biden insisted that the U.S. will “overcome this inflation” while Yellen admitted that “inflation is unacceptably high.” Biden: U.S. Recession Isn’t
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When Square’s boss Jack Dorsey talks about hyperinflation, the world listens. And Twitter reacts. Since so-called developed economies are now feeling the pain that inflation brings, the concept is in everyone’s mind. Every human has a front-row seat to witness the consequences of the United State’s relentless money printing. And,
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The year has come with a lot of optimistic predictions for the price of the second-largest cryptocurrency by market cap. Its current trends have seen analysts put the digital asset at above $10,000 by the end of the year. And now, another crypto analyst, Lark Davis, has echoed what his
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Noh Woong-rae, a member of South Korea’s National Assembly and a representative of the country’s ruling party, reportedly plans to postpone a bill clarifying the taxation of crypto until 2023.According to a Thursday report from Naver News, Noh said the Democratic Party of Korea plans to push back against the
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Amid the growing opposition against the new cryptocurrency tax regime in South Korea, finance minister Hong Nam-ki confirmed that the government will start taxing capital gains from crypto trading starting next year.“It’s inevitable, we will need to impose taxes on gains from trading of virtual assets,” the minister said when asked
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Quick take:Anthony Pompliano sees Tesla and SpaceX adding Bitcoin to their balance sheetThis comes after Elon Musk changed his Twitter bio to simply read ‘Bitcoin’Bitcoin has since rallied from the $32k price area to around $38kBack in late December, Michael Saylor had suggested that Elon convert Tesla’s balance sheet to
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The price action is fun, but the larger significance is about decentralized alternatives to today’s financial system. This episode is sponsored by Nexo.io.Last night, Tesla and SpaceX founder Elon Musk changed his Twitter profile to a single word: “bitcoin.” He also tweeted a cryptic message: “In Retrospect, It Was Inevitable.”The
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Bitcoin has undergone a strong rally over the past few days as the coin has continued to see
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