Ethereum options data suggests the battle for $4K ETH is at least a week away
Traders are long on Ethereum, but derivatives data suggests that $4,000 ETH is a long shot in the short term. Go to Source Powered by WPeMatico
Month: September 2021
Satoshi Nakamoto statue goes up in Budapest
“Whoever he or she was, Bitcoin creates value, and especially the technology behind Bitcoin, blockchain, creates value,” said András Győrfi. Go to Source Powered by WPeMatico
Multimillion-dollar investment rounds spark rallies in Avalanche and Audius
Increased use of cross-chain bridges and sizeable investments from a variety of venture capital firms are boosting the price of AVAX, CELR and AUDIO. Go to Source Powered by WPeMatico
YouTuber trades Tesla Roadster for NFT
“Looking back on this in one year, two year, three years from now it could be a monumentally dumb decision but it also could be a great decision,” said Dan Markham. Go to Source Powered by WPeMatico
US Lawmakers Propose to Subject Cryptocurrencies to Wash Sale Rule
A committee of the U.S. House of Representatives has proposed to subject cryptocurrencies to the “wash sale” rule. Since cryptocurrencies are treated as property by the Internal Revenue Service (IRS), they are currently not subject to the wash sale rule. This proposal attempts to close down a big crypto tax loophole. Crypto Included in New … Read more
Study Shows Cross-Chain Bridge Technology Growth, Bridges to Ethereum Exceed $7 Billion
On September 8, 2021, Dmitriy Berenzon, research partner at 1kxnetwork, an early-stage crypto fund that helps founders bootstrap token networks, published a comprehensive research post concerning blockchain bridges. Berenzon’s study highlights the current “multi-chain market structure” and bridges that are making a myriad of blockchains compatible. Researcher: ‘We Are Finally in a Multi-Chain Market Structure’ … Read more
Monsta Infinite Lists on AscendEX
PRESS RELEASE. AscendEX is thrilled to announce the Monsta Infinite token (MONI) listing under the trading pair USDT/MONI on Sept. 15 at 1 p.m. UTC. In celebration of the MONI listing, AscendEX and the MONI team will launch seven limited-time promotional events for users to earn token rewards. The events will take place between 12:00 … Read more
3 reasons why REN price is up 340% from its July swing low
A cross-chain bridge to Arbitrum, protocol upgrades and a steady surge in network activity back REN’s 340% rebound off its July 20 swing low. Go to Source Powered by WPeMatico
South Korean lawmaker: Delaying tax laws on crypto is ‘inevitable’
“In a situation where the relevant taxation infrastructure is not sufficiently established, the deferral of taxation on virtual assets is not an option, but an inevitable situation,” said Noh Woong-rae. Go to Source Powered by WPeMatico
Avalanche Foundation raises $230M to support DeFi ecosystem
The smart contracts platform has made substantial progress within the DeFi space since its launch last year. Go to Source Powered by WPeMatico