Tag: bitsellx

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El Salvador’s Bitcoin decision: Tracking adoption a year later

El Salvador made history last year in September by making BTC a legal tender. One year later, the falling BTC prices and delayed Volcanic bonds have fueled skepticism. El Salvador, the small Central American nation that made history just over a year ago when it made Bitcoin (BTC) legal tender, recently marked its first year…
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GitHub unbans Tornado Cash repositories following OFAC guidance

Ethereum developer Preston Van Loon encouraged GitHub to fully restore Tornado Cash’s repositories after partial unbanning. Crypto mixer Tornado Cash has returned to the software development platform GitHub after several weeks of being banned on the website. Ethereum developer Preston Van Loon took to Twitter on Thursday to report that GitHub has partly unbanned the…
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Post-Merge ETH has become obsolete

Staked ETH is more capital efficient and more profitable than regular ETH, and platforms that offer liquid staking derivatives are bolstering its popularity. For years, various blockchain projects were rumored to be future “Ethereum killers,” projects that would unseat Ether from its throne and usurp its title as the top digital asset. That day seems…
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How crypto is playing a role in increasing healthy human lifespans

How can you add years to your life, and life to your years? Longevity science can help — and this is a concept that’s of particular interest to crypto pioneers. It’s a question that’s infatuated scientists for decades: how can we prolong life expectancy — giving humans everywhere more years of good health? This field…
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The biggest Bitcoin fund just hit a record -35% discount — A warning for BTC price?

Institutional interest in Grayscale Bitcoin Trust continues to dwindle 10 months into the crypto bear market. Grayscale Bitcoin Trust (GBTC), a cryptocurrency fund that currently holds 3.12% of the total Bitcoin (BTC) supply, or over 640,000 BTC, is trading at a record discount compared to the value of its underlying assets. Institutional interest in Grayscale…
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IRS Can Now Hunt Down America’s Crypto Tax Evaders After Landmark Ruling

The Internal Revenue Service (IRS) has received authorization from a U.S. district judge to sniff out individuals who attempt to sidestep taxes on their cryptocurrency transactions. The order comes at a time when digital asset adoption is seeing a surge, and the number of crypto tax evaders is subsequently increasing…. Read More: IRS Can Now…
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Merchant Crypto Payments: Clever Marketing or Signs of Real Adoption?

Andrey Diyakonov is the Chief Commercial Officer at Choise.com, a MetaFi (CeFi/DeFi) ecosystem based on Crypterium CeFi solutions and Charism DeFi protocol.__________ Earlier this year, all the news about digital assets was about the ongoing crypto winter, the bankruptcy of lenders and other projects, and major black swan events like Axie Infinity’s Ronin bridge hack…
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Biggest Movers: DOGE Hits 1-Month High to Start the Weekend

Dogecoin rallied to a one-month high to start the weekend, as markets marginally rebounded on Saturday. The token rose by as much as 10% in today’s session, racing past a key resistance in the process. Solana was another notable gainer, as it hit an 11-day high. Dogecoin (DOGE) Dogecoin was one of Saturday’s most notable…
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Digital Asset Exchange Platform Granted ‘Crypto Financial Services Provider License’ by Israeli Regulator

An Israeli capital markets regulator, the Insurance and Savings Capital Market Authority, recently granted a “crypto financial services provider license” to Bits of Gold, the first such license for an active company in the country. This license allows Bits of Gold to offer crypto custodian services and to enable the safekeeping of funds belonging to…
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Flynt Launches Industry’s Highest Yield Product on Bitcoin

PRESS RELEASE. Flynt Finance, the cryptocurrency financial services company based in Singapore co-founded by previous derivatives exchange operators and analysts, launched a platform for crypto structured products last week. The relatively high returns (up to 50% APY) on Flynt has gained strong interest from crypto yield enthusiasts, especially during the bear market where volatility is…
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