Crypto Networks Witness Significant Growth In The First Week Of 2024

As the new year unfolds, analytics reports from Santiment shed light on the remarkable growth observed across various crypto networks in the initial week of 2024, building upon the momentum of a prosperous 2023. The number of wallets holding >0 coins for key cryptocurrencies showcased substantial expansion: Bitcoin ($BTC): 52.6 million wallets, reflecting a noteworthy … Read more

IRS Agent Poses as Bitcoin Trader Called ‘Mr. Coins,’ Biden’s IRS Wants ‘Outflow and Inflow’ Data From Banks

Over the last few weeks, Americans have read about the U.S. Internal Revenue Service (IRS) upping its tax enforcement to catch cryptocurrency users who have not paid taxes. According to one report, the IRS may get access to bank inflows and outflows via Joe Biden’s American Families Plan. On top of this, another story explains … Read more

Market Update: Economists Envision Global Recession While Crypto Prices Soldier On

Last week cryptocurrency prices bounced around after a majority of coins dropped in value on August 21. Today on August 26, digital currency markets have gained around 1.52%, gathering $4 billion since the initial slump. Despite the volatility, cryptocurrencies have consolidated and a few speculators believe a breakout is on the cards that could send … Read more