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Based on a report by the National Post, Canada’s Revenue Agency (CRA) is actively searching for uncollected taxes on cryptocurrencies. The agency estimates that there is nearly $40 million in undeclared taxes related to digital currencies. Concurrently, Prime Minister Justin Trudeau is proposing an increase in capital gains taxes from 50% to 66% for any … Read more
Entities owned by Chinese nationals “might take action that threatens to impair the national security of the United States,” said President Biden. Go to Source
Coinbase, one of the largest U.S.-based cryptocurrency exchanges, reported a system-wide outage in its services, affecting customers’ crypto operations. On its status site, Coinbase stated that it was aware that “some users may experience failures when sending crypto or withdrawing fiat,” and declared it was working to fix this issue. Later, the exchange recognized experiencing … Read more
Best Cryptos to Buy Now: BlockDAG Shatters Expectations, Outshines Ethereum and TRON with a Staggering $25.4M in Presale Triumph! While Ethereum struggles with scalability, impacting its market price, and TRON shows steady growth, BlockDAG is making headlines with its strategic advancements and a highly successful presale. With a revamped roadmap and the release of the … Read more
Crypto exchange Coinbase briefly suffered a ‘system-wide’ outage, rendering the platform unusable. Go to Source
The expansion comes 12 months after the firm announced its intention to expand down under. Go to Source
Only 157 new Runes were etched on Bitcoin on May 13, which contributed to just $3,835 in transaction fees paid to Bitcoin miners. Go to Source
Russian authorities have reportedly proposed to impose hefty fines on suspected crypto miners operating from residential properties. Authorities may also consider including amendments to the Code of Administrative Offenses which imposes liability on those misusing electricity. Proposed Measures Aimed at Curbing Rising Power Outage Cases Authorities in Russia have signaled their intention to pursue private … Read more
Following the return of Keith Gill — also known as “Roaring Kitty” — traders are keeping their eyes peeled for the next big stock or crypto rally — but analysts aren’t so sure. Go to Source
Following a 23% correction, Bitcoin may have just entered a post-halving reaccumulation zone, according to one analyst. Go to Source