Cryptocurrency Analysis and News Portal
German financial multinational Deutsche Bank says it is “well on track to meet 2022 goals” following a sound Q3 2022 outing.Deutsche Bank recently posted its Q3 2022 financial report, which logged its ninth consecutive quarter of profit. For the third quarter, the Frankfurt-based German banking giant comfortably beat the projected estimates
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Economist and gold bug Peter Schiff has warned that the United States Federal Reserve’s actions to rein in inflation could lead to a “massive financial crisis” or flight away from the dollar on a global scale. Meanwhile, Joe Biden says the economy is “strong as hell,” and Bank of America
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Polkadot (DOT) is experiencing a sharp price correction for the past days, painting its charts in red as it continues to struggle
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Guinness World Records has added Bitcoin (BTC) and a number of blockchain events in the latest edition of its record book under the category of “Cryptomania.”The recognition of crypto by a mainstream staple such as Guinness World Records indicates that blockchain and digital assets were among the most publicly touched-on
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Crypto is becoming mainstream in Brazil, with 7.8% of the country’s population (about 16 million people) owning cryptocurrency. As a result, exchanges
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After the rap star Snoop Dogg acquired Death Row Records in February, the hip-hop legend explained that he would transform Death Row into a non-fungible token (NFT) label backed by blockchain technology. On Thursday, Snoop’s brand partnership manager Nick Adler joined a newly-created Gala Music advisory board, alongside the record
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The cryptocurrency market is not expected to get any smaller in size. Adoption is growing, and investors are clamoring for the best
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When arguing the merits of the bill to the Senate last month, Hertzberg said this is “not only a faster, cheaper, and more efficient delivery method, saving Californians both time and money, but it is also much more secure as blockchain is nearly impossible to hack.” Source
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Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot prices. GBTC’s discount to spot has been underwater for a total of 577 consecutive days. GBTC Discount to NAV Widens by 35% — Fund Reaches an
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The Internal Revenue Service (IRS) has obtained a “court order authorizing summons for records relating to U.S. taxpayers who failed to report and pay taxes on cryptocurrency transactions.” The IRS commissioner commented: “The government’s ability to obtain third-party information on those failing to report their gains from digital assets remains
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