Trump’s Proposed Capital Gains Tax Cut Could Boost Crypto Profits
A proposed capital gains tax cut could be good news for crypto traders in the U.S. Go to Source Powered by WPeMatico
DIGIT
What’s Behind the Meteoric Rise of Chainlink?
We look at the data from Google and DeFi protocols to uncover what’s behind the inexorable rise of LINK? Go to Source Powered by WPeMatico
Defi Project Yam Finance Sees Over $500M Locked in 24 Hours, Devs Reveal Contract Bug
A new yield farming project is all the rage this week, as the Yam Finance project saw over $460 million dollars locked into the platform in 17 hours on Tuesday. On social media and crypto-focused forums, people have been very skeptical of the Yam Finance project as the code has not been audited. On Wednesday … Read more
Bitcoin Price Above $11.5K as Key BTC Price Metric Suggests $12K Retest
Bitcoin recovered back above $11.5K, leading traders to suggest a renewed attack on $12K could occur soon. Go to Source Powered by WPeMatico
Crypto Exchange Bitfinex Is Down Right Now
International crypto exchange Bitfinex unexpectedly went offline for all users this afternoon, citing a ‘platform performance issue.’ Go to Source Powered by WPeMatico
Bitcoin and Gold Correlation Reaches Record High 70%, Bolstering BTC’s Store of Value Credentials
The prices of bitcoin and gold have reached a monthly average correlation of 70%, an all-time-high, according to data analytics firm Skew. The previous peak of just under 60% was reached earlier on in the second quarter of 2020. Skew said the rising correlation supports the idea that bitcoin (BTC) is a store value, particularly … Read more
Yam Suffers Technical Outage Following Scam Accusations
Yam Finance uncovered a bug the day after ShapeShift CEO Erik Voorhees called the project a scam. Go to Source Powered by WPeMatico
Malaysian Crypto Miners Were Caught Stealing Electricity From the State
They thought they had it made, but the Malaysian authorities were one step ahead. Go to Source Powered by WPeMatico
Peter Brandt’s Tether Warning Is Ominous, But Unclear
Peter Brandt didn’t mince his words when describing the controversial stablecoin. Go to Source Powered by WPeMatico
People Are Already Building Businesses Around Cardano’s Staking Functionality
Sounds like Cardano is already contributing to the gig economy. Go to Source Powered by WPeMatico
