Aligning themselves with the tax reporting rule on digital currency enacted by the European Union (EU), the Netherlands revealed its intention to apply tax monitoring rules on crypto. The Dutch government, an EU member, is obliged to accept and apply the new reporting requirement, a structure meant to assist EU member states in controlling digital

In a recent report, JPMorgan analysts highlight the rise of tokenized U.S. Treasury bonds, which are increasingly being viewed as a compelling alternative to traditional stablecoins. As a growing number of investors turn to tokenized bonds for yield, the appeal of these assets may present a competitive challenge to the stablecoin market. However, t

Bitcoin (BTC) has recorded a remarkable surge in the past 14 days, nearing the $70,000 mark earlier this week. However, some market watchers shared their worries about the recent retraces, suggesting the cryptocurrency could face another correction ahead of the US Presidential election. Bitcoin To Face Another Shakeout Soon This ‘Uptober,’ Bitcoin

November 2024 promises a mix of intriguing NFT projects. Each brings something unique, from retro vibes to fantasy, community-driven features, and interactive experiences. Let’s break down what each project offers and why you might want to keep an eye on […] The post November’s Upcoming NFT Launches appeared first on Coinbackyard.

XRP has recently witnessed a surge in blockchain activity, marked by a significant rise in the number of active sending addresses, according to latest data. This increase in active addresses comes amid the asset’s continuous struggle to register any significant rally in price. Instead, the altcoin has steadily decline now down by over 10% in [&hell

Data shows the ratio between two Bitcoin on-chain metrics has recently formed a pattern that has historically been bullish for the asset’s price. Bitcoin LTH/STH SOPR Ratio Has Crossed Above Its 90-Day MA Recently In a new post on X, CryptoQuant author Axel Adler Jr has discussed about the recent trend in the Bitcoin SOPR […]

Breaking News: Binance Shakes the Crypto Market With the Announcement “Binance Announces Delisting Altcoins” Binance, arguably the top crypto exchange platform in the world, is making waves with its latest delisting announcement. If you’re active in crypto trading, this surprising news could leave you feeling bewildered and full of questions. What

Ethereum (ETH) has experienced a lackluster phase in recent weeks, with the asset seeing small price surges but still struggling to hold near or above the $3,000 mark after a brief rally in August. According to a recent analysis from a CryptoQuant analyst, the behind the scenes of this price struggle for ETH has been […]

The current trajectory of Bitcoin (BTC) prices could push it to the $100,000 mark within the next 90 days, regardless of the results of the U.S. presidential election. Bitcoin At $100,000 By February 2025?  Crypto analyst Timothy Peterson suggests that BTC’s current price movement is not substantially different from previous trends, raising questio

Ethereum is the laggard in this bullish cycle. When Bitcoin soared to register fresh all-time highs, easing past $70,000 in March, ETH prices struggled to break $4,000. When it did, the best the coin could do was retest $4,100 before dumping hard. In the past seven months, after the second most valuable coin registered 2024 […]