Attractive staking options, gameplay teasers and the overall strength of the NFT sector back the massive rally seen in ILV price. The world of nonfungible tokens and blockchain gaming has seen immense growth and progress towards mainstream adoption in 2021. Recently, the movement picked up steam as an array of celebrities and internet influencers jumped on…
Read more
DeFi platforms have seen a steady surge in user activity and token prices, leading some analysts to say that the ‘DeFi Summer 2.0’ is well underway. After a blistering start to 2021 saw token valuations and trading volumes surge to ignite the current bull market, the DeFi sector as a whole took a break while…
Read more
The tax authority of Slovenia has put forward a proposal to change the crypto taxation rules in the country, local media reported. The amendments aim to introduce a 10% tax rate for transactions involving the spending or converting of cryptocurrencies into fiat money. Tax Office Wants to Simplify Crypto Taxation in Slovenia The Financial Administration…
Read more
PayPal has reportedly conducted discussions to acquire a broker-dealer but is unlikely to launch the new investment service this year. American payment giant PayPal is reportedly exploring ways to offer stock trading after launching cryptocurrency trading services last year. PayPal is looking to buy or partner with a broker-dealer to introduce its own stock trading…
Read more
The increased trading volume comes following the Financial Services Commission’s requirement that crypto trading platforms register as digital asset service providers before Sept. 24. Crypto users between 30 and 39 years old are the demographic with the most deposits on major exchanges in South Korea. According to a Sunday report from the Yonhap News Agency,…
Read more
Newly launched incentive programs and protocol upgrades were followed by 50% rallies in CELO, FTM and KP3R. The cryptocurrency market once again finds itself waiting for some form of catalyst to get the prices moving, and this week commenced with the market moving sideways as Bitcoin (BTC) struggles to find its footing near $48,000. Several…
Read more
FTM gained 500% in the past 6 weeks and a newly launched $320 million incentive program could see the rally extend further. The Ethereum (ETH) network continues to enjoy the status of being the top smart contract platform in the blockchain industry, but the competition is slowly gaining market share because high costs and network…
Read more
The investment firm already has significant exposure to gold, minerals, precious metals, petroleum, and other natural resources. Texas-based investment manager U.S. Global Investors, which reported $4.6 billion in assets under management as of Q1 2021, has bought exposure to Bitcoin. According to Aug. 30 filings from the U.S. Securities and Exchange Commission, U.S. Global Investors…
Read more
Crypto exchange Kraken and stablecoin-focused company Circle have also said they are considering public listings. Macrina Kgil, chief financial officer of crypto wallet provider and exchange Blockchain.com, said an initial public offering for the platform could happen as early as 2023. In a Forbes interview released on Monday, Kgil said Blockchain.com could consider an initial…
Read more
The billionaire subprime short-trader in the 2008 financial crash said that digital assets have a “limited supply of nothing.” In a recent interview, subprime short investor and billionaire portfolio manager John Paulson criticized the volatile nature of digital assets while advocating for investments in traditional safe-havens such as gold. The co-founder of Paulson & Co, a…
Read more
