Month: November 2024

Hong Kong has recently announced a bold move to strengthen its position as a global financial hub, particularly in the cryptocurrency sector. In a recent proposal, the Financial Services and Treasury Bureau in Hong Kong has suggested “waiving capital gains tax” on investments in cryptocurrencies and other alternative assets...

Vancouver is the latest city to join the discussions on adding Bitcoin to the government’s financial reserves. At a city council meeting on November 26th, Mayor Ken Sim submitted his notice of motion, where he plans to introduce his proposed Bitcoin bill on December 11th. The city’s proposal is...

Mixed martial arts legend Khabib Nurmagomedov has thrown his support behind a ‘satirical’ meme coin that is raising funds to help the victims of Conor McGregor, a fellow Ultimate Fighting Championship (UFC) fighter found guilty of sexual assault. What Happened: In an X post on Thursday, Nurmagomedov praised the...

Federal prosecutors in Cleveland are seeking forfeiture of nearly $1 million in cryptocurrency linked to a scam that drained an elderly Elyria man’s life savings, highlighting the growing trend of sophisticated crypto fraud targeting vulnerable investors. What Happened: The victim lost $408,000 after scammers, posing as Apple Inc. support...

A quant has explained how Ethereum is now in its secondary bull run phase according to the trend in this popular on-chain indicator. Ethereum MVRV Ratio Is Forming A Pattern Similar To Past Two Cycles In a CryptoQuant Quicktake post, an analyst talked about the latest trend in the...

Switzerland has officially passed legislation to explore Bitcoin mining, signaling a growing acceptance among traditional financial institutions and governments worldwide.  This initiative, reported by Dennis Porter, CEO of the Satoshi Action Fund, reflects a broader trend accelerated by recent political shifts, including Donald Trump’s election, which have reignited interest...

World Network (CRYPTO: WLD) emerged as one of the biggest cryptocurrency market gainers Thursday after the identity verification project unveiled a pilot feature that would allow users to claim additional tokens. What happened: WLD, the native cryptocurrency of the newly-branded network, previously called Worldcoin, spiked over 13% to become...

A trader won a fortune betting on a cryptocurrency inspired by a viral internet meme, which is now worth more than $500 million in market capitalization. What Happened: On-chain tracking platform Lookonchain took to X Wednesday, highlighting the extraordinary trade of Just a chill guy (CHILLGUY) token. The trader turned a mere...

Following its massive rally above the $0.3 mark, the Dogecoin price has been struggling to break past the $0.4 resistance for weeks. A crypto analyst has revealed what could happen if Dogecoin fails to clear this crucial resistance, highlighting bearish scenarios and new price lows for the meme coin....

Swyftx lead analyst Pav Hundal says that an “exuberant move” from Bitcoin is needed to kick off the highly anticipated altcoin season....