Bybit partners with Cabital to offer EUR and GBP fiat onramps
Cabital’s fiat-to-crypto on and off ramp service reportedly allows Bybit customers to purchase cryptocurrencies at reduced gas costs. Go to Source Powered by WPeMatico
Month: February 2022
Wonderland’s treasury saga exposes the fragility of DAO projects today
The controversy around Wonderland DAO has brought back focus on the “not-so” decentralized nature of some DAO projects. Go to Source Powered by WPeMatico
Freedom Convoy Continues, Trudeau Begs Protestors to Stop, Fundraiser Raises $542K in Bitcoin
During the last week, a large number of truckers are still occupying the streets of Ottawa protesting the vaccine mandates. On Monday, Canadian Prime Minister Justin Trudeau begged protestors to stop the demonstration and said “It has to stop.” Meanwhile, after Gofundme shut down the Freedom Convoy’s fundraiser, crypto advocates have raised 12.41 bitcoin worth … Read more
Bitcoin begins correction after $45K rejection — Where can BTC price bounce next?
Bitcoin is not home and dry when it comes to recent gains, multiple pundits warn amid the week’s first major correction. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate After Monday’s Surge
Crypto markets marginally consolidated on Tuesday, following yesterday’s price surge which saw bitcoin and ethereum both rally to multi-week highs. BTC climbed to $45,000, with ETH moving to $3,200. Bitcoin Bitcoin prices were marginally below yesterday’s high, as profit takers look to have closed some of their positions. BTC/USD rose to an intraday high of … Read more
OpenSea once again delists CryptoPunks V1 as legal battle heats up
Many users bought Punks’ NFTs on the basis that there were only going to be 10,000 of them, not potentially 20,000. Go to Source Powered by WPeMatico
Charity hack fixes your crypto CGT bill: Endaoment
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Spanish Treasury Postpones the Definition of Crypto Tax Declaration Models Until Next Year
The Spanish treasury ministry has announced it will postpone the establishment of the complete framework for declaring taxes related to cryptocurrency assets until 2023. While the Spanish government has advanced when it comes to cryptocurrency regulation, the specifics of what will be taxed and in which way are still a mystery for traders and holders. … Read more
4 key takeaways from KPMG Pulse of Fintech Report
New Pulse of Fintech report by KPMG revealed that over $30 billion in investments flowed into the crypto and blockchain sectors in 2021. Go to Source Powered by WPeMatico
No precedent: IRS court settlement doesn’t clarify crypto staking taxes
There is yet to be a conclusive court ruling regarding the taxation of staked crypto rewards; however, a recent case demonstrates industry progression. Go to Source Powered by WPeMatico