Thu, May 21

Bitcoin Turned Down Below $28K, Is Binance The Reason?

Bitcoin (BTC), the largest cryptocurrency by market capitalization, has shown a lot of ups and downs in recent days. A few days ago, Bitcoin reached the $30 mark even after the Fed’s interest rate hike. But now BTC’s trading price has fallen below the $28K mark, and it has shown

May 9, 2023 2 mins read

Supreme Court of China Provides Crypto Framework for Legal Disputes

Since September 2021, crypto transactions and mining have been illegal in China. However, the prohibition has become more of a guideline in actual use. Since its introduction, crypto taxation has been a topic of discussion among Chinese officials. In addition, a judgement decided in 2022 made it clear that residents

May 8, 2023 1 min read

Principality of Liechtenstein Embraces Bitcoin: Govt. Services to Accept Crypto

Bitcoin and its acceptance have definitely raised questions worldwide. While some nations, including El Salvador, have legalized it, others are still skeptical. Even though El Salvador set an example for many nations to follow by embracing it, only a few have given it serious thought. Liechtenstein Prime Minister Daniel Risch

May 8, 2023 1 min read

Bitcoin Average Transactions Fees Surges to $19.20 Amid Recent Congestion

Fears of a Denial of Service (DoS) “attack” on the Bitcoin network were voiced on Crypto Twitter over the weekend due to a dramatic increase in transaction fees and unconfirmed transactions. In response to these concerns, several Bitcoin experts and pundits have sought to reassure their individual communities. According to

May 8, 2023 2 mins read

Bulls or Bears; What’s the Fate of Crypto Market This Week?

The week starts with a red note for the cryptocurrency market. Every asset listed in the crypto sphere is showing a red movement in its price as well as a market capitalization graph. Pioneers in the trade, Bitcoin (BTC) and Ethereum (ETH) are 2.45% and 1.86% down in the last

May 8, 2023 1 min read

Kazakhstan Collects Approx $7 Million in Tax From Crypto Miners in 2022

Local media outlets indicate that in 2022 after a new rule was passed to regulate the financial burden of cryptocurrency mining, the government of Kazakhstan collected 3.07 billion tenge (about $7 million) in tax payments from crypto mining businesses. As of April 27th, 2023, the government has earned 240 million

May 7, 2023 1 min read

Key Performing Cryptocurrencies for May 2023

The crypto market is continuing to grow and evolve with the launch of new memecoins. In recent days, memecoins have shown massive bullish intent in the crypto market. So it will be challenging for investors to identify the most performing cryptocurrencies. In this article, we will discuss the key performing

May 7, 2023 2 mins read

Bitcoin (BTC) Meets 46.1M Non-Zero Addresses, Soaring Adoption

The most prominent cryptocurrency, Bitcoin (BTC) gathered attention among the crypto community by reaching a new all-time high (ATH). As per the reports of Glassnode, a crypto analytics provider, it is noted that the overall non-zero addresses turn to an approximation of 46.1 million. #Bitcoin adoption continues to soar as

May 6, 2023 2 mins read

U.S SEC Awards $279 Million Payout to Anonymous Whistleblower

The $279 million payout is the highest whistleblower award ever made by the U.S. Securities and Exchange Commission (SEC). Typically, the SEC will give between 10% and 30% of any fines collected that are more than $1 million. The whistleblower must disclose information that directly aids the SEC in imposing

May 6, 2023 1 min read

Montana Leads Crypto Charge: Tax-Free Bitcoin Boosts Adoption

In a groundbreaking move, the State of Montana has emerged as a frontrunner in cryptocurrency adoption. The news has sent shockwaves through the financial world and further solidified Montana’s reputation as a haven for Bitcoin (BTC) enthusiasts. 🇺🇸‼️ US state of Montana bans ALL taxes on #Bitcoin when used for

May 6, 2023 2 mins read