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After last week’s volatility, Bitcoin has found its range, sideways trading in the $22k-$24k area for the past week. While Bitcoin found substantial support at the $22k level yesterday, BTC price saw additional price growth today, rising to $23k at writing. The global cryptocurrency market cap remains relatively flat at the $1 trillion level, signaling … Read more
South Korea’s tax administration has pledged to take strict measures against tax evasion through virtual assets and platforms. While the Korean government is yet to start taxing capital gains resulting from crypto investment and trading, authorities in Seoul claim cryptocurrencies have been actively used for money laundering. Korean Citizens Accused of Investing in Crypto Assets … Read more
Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto lending platform seeks acquisition by rival Nexo. Vauld to Have 3 Months for Restructuring, Due Diligence by Nexo The Singapore High Court has granted the … Read more
Bitcoin’s price found its sideways trading range around the $22k level as the crypto asset continues to trade sideways this week. After dipping to a low of $20k last week and peaking at $24k, the global crypto market is slowing down its momentum and trading volume. The good news is that the global cryptocurrency market … Read more
The cryptocurrency payroll service Bitwage announced on Monday that the company has partnered with the digital currency wallets Casa and Edge Wallet in order to “bring bitcoin payroll to mainstream audiences.” Now Edge Wallet and Casa users can connect to the Bitwage platform’s services via a deep link or QR code. Crypto Payroll Company Bitwage … Read more
If extradited to the United States, crypto exchange BTC-e’s alleged operator Alexander Vinnik will become a “hostage” due to the ongoing conflict in Ukraine, according to his Greek lawyer. France is likely to send the Russian back to Greece soon and Zoe Konstantopoulou is trying to prevent his subsequent transfer to U.S. custody. Alexander Vinnik’s … Read more
The latest troubles in the crypto space have allegedly led to an increased supply of second-hand luxury watches, according to a leading trading platform. As a result, prices of sought-after models by major brands like Rolex and Patek have dropped, the company revealed. Higher Supply After Crypto Crash Hurts Resale Prices of Top Watches From … Read more
Crypto exchange Binance will be offering NFT tickets for the games of one of Italy’s leading soccer teams, Lazio, during the upcoming season in the Italian Serie A championship. Supporters of Lazio will be able to use the tokens to also take advantage of various discounts. Lazio Fans to Buy NFT Tickets From Cryptocurrency Exchange … Read more
After yesterday’s excellent crypto market bull run, Bitcoin’s price continues to trade sideways at the $23.5k level. The global cryptocurrency market cap remains healthy above the $1 trillion level, signaling a good potential for an additional bullish move this weekend. Ethereum price remains above the $1.6k level as the crypto asset continues to trade sideways. … Read more
Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates. Cryptocurrency Miners in Iran Allowed to Source Green Energy From Across Country Iran’s Ministry … Read more