Tag: News

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Bitcoin Price Prediction as Option Traders Bet on $50,000 BTC by January – Are They onto Something?

December 9, 2023

As Bitcoin (BTC) hovers around significant price points, option traders are betting on the cryptocurrency reaching $50,000 by January. This optimism coincides with heightened anticipation for the approval of a spot Bitcoin Exchange-Traded Fund (ETF), a development that’s expected to further fuel BTC’s ascent. Fidelity’s Groundbreaking ETF Move and BTC’s Bullish Forecast Fidelity Investments has…
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Japan Mulls Exempting Companies From Paying Taxes on Unrealized Cryptocurrency Gains

December 9, 2023

Japan is considering exempting corporations from paying unrealized gains income taxes related to cryptocurrency holdings. The measure, proposed as part of a reform in Japan’s tax code, would allow companies to avoid paying taxes for cryptocurrencies even if their market value changes during each fiscal year. Japan to Stop Taxing Corporations for Unrealized Cryptocurrency Gains…
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Bitcoin Price Prediction as Minor Correction Occurs – Is a Rebound Imminent?

December 9, 2023

Bitcoin (BTC), the dominant force in the cryptocurrency market, has impressively held its ground, with its price oscillating around the $43,500 level. This resilience is primarily fueled by a buoyant sentiment pervading the crypto market, drawing on a mix of anticipation and optimism. #Bitcoin   just hit $43K pic.twitter.com/4aXzjeluvH — King 100x Gems (@King100xGem) December 7,…
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Thirdweb Begins Mitigation of Vulnerability Affecting Thousands of Smart Contracts

December 9, 2023

Thirdweb, a Web3 development framework provider, has announced that it has started mitigating a vulnerability that could potentially affect thousands of smart contracts across several networks. The vulnerability, uncovered in November, impacts various pre-built smart contracts that the framework provides for rapidly deploying applications using an undisclosed open-source library. Thirdweb Mitigates Critical Vulnerability Across Dozens…
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Nonco Raises over $10 Million in Seed Funding

December 9, 2023

Digital asset brokerage firm, Nonco, has raised over $10 million in seed funding, according to a new statement from the company. “The leading brokerage firm for digital assets” “Our aim is to become the leading brokerage firm for digital assets, and we intend to achieve this by establishing a new standard that prioritizes technology and…
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El Salvador Introduces Exclusive Citizenship Through $1 Million Crypto Investment

December 8, 2023

El Salvador has unveiled a new citizenship investment program, the “Freedom Visa,” open to a limited number of applicants. By investing $1 million in bitcoin or tether, participants can secure Salvadoran citizenship. El Salvador’s Bold Bid: Citizenship for Crypto Millionaires In a newly announced move, El Salvador, recognized for granting bitcoin (BTC) legal tender…
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Venezuelan Attorney General Alleges Exxonmobil Financed Opposition to Essequibo’s Ballot With Cryptocurrency

December 8, 2023

Tarek William Saab, the Venezuelan attorney general, stated that Exxonmobil, a U.S.-based oil and gas company, used intermediaries and cryptocurrency to finance actions against the ballot where Venezuelans were consulted about their position on the ongoing Essequibo claim. Fourteen arrest warrants were issued for individuals who allegedly conspired against the country. Exxonmobil Used Cryptocurrency…
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Exclusive: Crypto Gaming Platform Portal Taps Top Hollywood Agency WME

December 8, 2023

Source: AdobeStock / AhmadSoleh Web3 gaming platform Portal has signed with the top Hollywood-based talent agency WME to enhance distribution in the gaming sector. Portal will be represented by WME across various entertainment sectors, the firm revealed exclusively to CryptoNews. WME manages a roster of Hollywood celebrities, including Ben Affleck, Hugh Jackman, Michelle Williams, Christian…
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Samourai Wallet Calls out Ocean Pool for Censoring Whirlpool Privacy Transactions

December 8, 2023

Samourai, a privacy-focused bitcoin wallet, revealed the changes in the recent Bitcoin Knots software used by Ocean, a Bitcoin mining pool, censor Whirlpool transactions, a kind of coinjoin operation. The wallet explained that Ocean is pursuing a “very slippery slope” by filtering these types of transactions. Samourai Wallet Reveals Ocean Is Censoring Privacy Transactions Samourai…
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Binance Founder CZ Remanded to Remain in Continental US, Travel to UAE Prohibited 

December 8, 2023

Changpeng Zhao, better known as CZ, the founder of Binance, has recently grappled with significant legal hurdles in the U.S. His guilty plea in a notable case led a Seattle federal judge to impose movement restrictions on him. Former Binance Boss CZ Restricted to U.S. Soil As the pivotal figure of Binance, CZ admitted guilt…
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