Tag: bitcoin trader

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Can the IRS Track Bitcoin? Koinly Explains

The IRS might not be the best at keeping ahead of the crypto curve, but if you think you can hide your Bitcoin gains – think again. Crypto tax calculator Koinly is here to explain just how the IRS can track your crypto. Got gains or income from crypto? The IRS would like their…
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Crypto trading to move to the Metaverse, says developer-focused study

A majority of the developers believe that crypto and blockchain innovation will be “critical to shaping the future of the metaverse.” A new study shows that developers believe that the Metaverse may become the “most popular” way to buy and sell crypto someday. The study, commissioned by API provider Agora, surveyed 300 developers‘ thoughts and…
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3 reasons why Ethereum price can hit $4K in April

From a Google trends spike to depleting supply, multiple catalysts have been hinting at more upside for Ethereum. Three market catalysts suggest that Ethereum’s native token Ether (ETH) is well-positioned to reach $4,000 this month. Google searches for “Ethereum merge” spike  Internet users’ interest in Ethereum’s upcoming network upgrade, dubbed “the Merge,” surged substantially in…
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Bitcoin transaction fees hit decade lows, here’s why

The cost of moving Bitcoin across the network has hit decade lows as Lightning Network, batching, miner behavior and protocol improvements have driven costs down. It’s a great time to move Bitcoin (BTC) between wallets and exchanges. Bitcoin transaction fees have hit all-time lows in BTC, according to research by Galaxy Digital.  #bitcoin fees are…
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Nifty News: Solana NFT sales pass $1.6B, wash trading on LooksRare and more

The Solana layer-1 blockchain network has risen to third place all-time in total NFT sales and now sits just behind Ronin and Ethereum, each of which has a commanding lead. The Solana network is gaining traction among nonfungible token (NFT) traders as total sales have surged past $1.6 billion, making it the third most active…
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Terra LFG outdoes MicroStrategy with 5K BTC buy after Bitcoin price dips under $45K

Price action is struggling, giving Terra and Do Kwon the perfect opportunity to “buy the dip.” Terra, the Blockchain outfit using Bitcoin (BTC) to back its new United States dollar stablecoin, has bought over 5,000 BTC. Wallet data confirms that on April 6, Terra added another 5,040 BTC to its balance, now totaling to 35,768…
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NFT Traders, Beware of Social Engineering Hacks

  Holders of blue-chip non-fungible tokens (NFTs) have long been targets of various types of attacks given the value of their possessions – and now scammers seem to have found new loopholes to take advantage of. A popular vector of attack for scammers has so far been malicious links, where scammers hack into a project’s…
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Ukraine Will Auction Off Received NFT Donations

  Ukraine is preparing the launch of a web page where it would auction off around 300 non-fungible tokens (NFTs) the country has received in donations. Among the donated NFTs, there is a CryptoPunk, which was sent to the country’s official Ethereum (ETH) address in early March, according to Etherescan transactions. Alex Bornyakov, deputy minister…
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US Hits Russian Crypto Exchange with Sanctions, Russian Central Bank Affraid That Crypto Will Replace Ruble

  The United States has hit the crypto exchange Garantex with sanctions, claiming that it has “willfully disregarded” anti-money laundering and countering the financing of terrorism (AML, CFT) obligations and “allowed” its “systems to be abused by illicit actors.” A joint Washington-Berlin effort has also closed down darkweb servers in Germany – while the Russian…
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Sneaker Giant Adidas and Ready Player Me Partner to Launch AI-Generated Avatar Creation Platform

The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas announced on Tuesday the company is collaborating with Ready Player Me, a cross-game avatar platform for the metaverse. Adidas and Ready Player Me will launch a personality based AI generated avatar creation platform featuring the Adidas Originals’ Ozworld shoe collection. Adidas Collaborates With…
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