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The price of Loom Network’s native LOOM token has seen significant gains over the past week, surging over 55% to $0.2667. This marks the highest price LOOM has reached since its all-time high of $0.6834 in early 2018. Loom Network is a layer-2 scaling solution originally built for Ethereum (ETH) that has
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“From staking and lending, people can obtain certain gains, and those gains are interesting from the tax perspective,” Luis Calvo-Parra Martínez, an official from the tax arm of the European Commission, told the same event, adding that “it would be good for legal certainty to have a legal definition for
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Bitcoin (BTC) denied the market fresh volatility at the June 23 Wall Street open as traders attempted to guess its next targets.BTC/USD 1-hour chart. Source: TradingViewBitcoin lacks “strong confirmation” of new upsideData from Cointelegraph Markets Pro and TradingView showed BTC price action continuing to hover around $30,000.A second day of
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Australian-based cryptocurrency exchanges have lined up to quash contagion fears after the payments provider for Binance Australia was told to offboard the exchange, though some have warned risks still loom.On May 18, Binance Australia told users that Australian dollar services were suspended after its payments partner Zepto was told by
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Stablecoins are entering a period of great uncertainty following the U.S. Securities and Exchange Commission labeling BUSD an “unregistered security” and ordering Paxos to stop minting new tokens.Do these moves signal a wider war by U.S. regulators on
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A new Senate grouping is needed to educate lawmakers about the risk of crime using virtual assets, the Centrist Union’s Nathalie Goulet told CryptoX. Source
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Bitcoin (BTC) trudged toward $43,000 on Wednesday, Sept. 29, as a “macro predicament” kept bulls on their toes.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC in yet another dip below $41,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging slightly higher after a fresh $40,000 retest overnight.The pair had shown
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Estonia’s finance ministry is reportedly looking to enact stricter crypto licensing regulations. This comes after the authorities revoked the licenses of about two-thirds of the cryptocurrency businesses operating in the country back in 2020.According to ERR News, the Estonian Ministry of Finance issued draft legislation back in January to tighten
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Bitcoin faces the prospects of undergoing a massive downside correction as on-chain data shows a plunge in its
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