The UAE has exempted cryptocurrency transfers and conversions from value-added tax, positioning itself as a more crypto-friendly jurisdiction for digital asset transactions.
Vitalik Buterin Donates 100 ETH To Tornado Cash Campaign Following Memecoin Offload
Ethereum (ETH) co-founder Vitalik Buterin has drawn much applause by donating a substantial amount of assets in legal aid of the Tornado Cash developers. Notably, this act comes after the prominent crypto figure stirred the market’s attention with a massive sell-off from his memecoin holdings. Vitalik Buterin Supports Tornado Cash Founders With $24
What is a rug pull in crypto and 6 ways to spot it?
Ever heard of crypto rug pulls? Find out what they are and how to identify the six warning signs that could protect your hard-earned money from disappearing overnight.
Bitcoin Lags Under STH Realized Price Of $63,000 — What Does This Mean?
The Bitcoin price has somewhat slowed down this weekend, failing to capitalize on its resurgent momentum from Friday, October 4. The premier cryptocurrency continues to hover around the $62,000 mark, reflecting a mere 0.3% decline in the last 24 hours. Recent on-chain data suggests that the price of Bitcoin might continue to turn in a […]
Telegram to enable NFT conversion for new Gifts feature
While Telegram did not specify a specific date for implementing NFT support for Gifts, its CEO said that the feature will be launched “later this year.”
US Spot Bitcoin ETFs Open Q4 2024 With $300 Million Weekly Outflows – Details
Spot Bitcoin ETFs launched the fourth quarter of 2024 on a turbulent note ending the week with a net negative outflow of over $300 million. This development occurred in tandem with Bitcoin’s bearish start to October in which it declined over 6% in the first five days of the month. Related Reading: US Spot Bitcoin […]
Solana (SOL) Path To New Highs: Analyst Eyes $160 As Critical Breakpoint
Solana is testing a crucial level after weeks of volatile price action and market uncertainty. Following the Federal Reserve’s interest rate cut announcement, Solana surged 26% but quickly retraced 17%, reflecting the ongoing turbulence in the broader crypto market. This rollercoaster price movement has left many investors on edge as they wait for
JPMorgan: Geopolitical Conflict May Drive Investors Toward Gold and Bitcoin
Analysts at JPMorgan have noted that escalating geopolitical tensions and the upcoming presidential election in November are prompting investors to view gold and Bitcoin as safe-haven assets in a “debasement trade.” The analysts explained that this “debasement trade” is driven by several factors, including increased geopolitical uncertainty since 2
Bitcoin Holds Steady As Bullish Breakout Awaits These Conditions – Details
According to data from CoinMarketCap, Bitcoin currently hovers near the $62,000 price mark with no significant movement in the past day. Notably, the premier cryptocurrency has slipped into a minor consolidation state since the little gains recorded on Friday. However, for long-term traders, Bitcoin has remained in a range-bound movement stretching
Data: Binance Maintains Top Market Share, Bitget Rises to 11%, Ranking Fourth
On October 4, reports indicated that trading volumes for both derivatives and spot markets on centralized exchanges fell by 17% in September. Binance remains the largest exchange with a market share of 36.59%, although its spot trading volume dropped by nearly 23% compared to August, bringing its spot market share down to 27%. OKX holds […]