Cryptocurrency Tax Postponed! South Korea Extends Breathing Room To 2027
Cryptocurrency firms in South Korea would have some breathing room before they start paying capital gains tax as the government decided to delay its implementation by two years. South Korean legislators agreed not to impose the crypto taxation policy next year, moving its implementation to 2027. Delaying Cryptocurrency Tax...
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Spot XRP ETF Race Heats Up As WisdomTree Files S-1 Application With SEC
Global exchange-traded fund (ETF) issuer and asset manager WisdomTree has officially submitted an S-1 application for a spot XRP ETF to the US Securities and Exchange Commission (SEC), becoming the fourth asset manager in the US to seek approval of the index fund. Growing Interest In XRP ETF The...
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Bitcoin And Ether ETFs Set Record $7.6 Billion Inflows Amid Trump’s Crypto Push
Analysts said that two of the biggest cryptocurrencies in the world are riding on the waves of positive sentiments as the exchange-traded funds of Bitcoin and Ethereum reached record highs. The pro-cryptocurrency stance of US President-elect Donald Trump continues to fuel the positive outlook, propelling BTC and ETH to...
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Bitcoin Miner CleanSpark Reports FY24 Earnings, Shares Climb
CleanSpark Inc (NASDAQ:CLSK) reported fourth-quarter financial results after the market close on Monday. Here’s a look at the key details from the quarter. Q4 Earnings: CleanSpark reported full-year 2024 revenue of $378.97 million, missing analyst estimates of $397.32 million. The Bitcoin (CRYPTO: BTC) mining company reported a full-year adjusted...
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Bitcoin, Ethereum, Dogecoin Dip, But Trader Predicts $100,000 Bitcoin Breakout Followed By 20-25% Correction
Cryptocurrency markets are trading lower on Monday, with selected altcoins recording significant gains. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,068.16 -0.98% Ethereum (CRYPTO: ETH) $3,618.32 -2% Solana (CRYPTO: SOL) $224.74 -4.5% Dogecoin (CRYPTO: DOGE) $0.4257 -0.5% Shiba Inu (CRYPTO: SHIB) $0.00002918 -4.3% Notable Statistics: IntoTheBlock data shows large...
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Crypto-Related Shares Fall Today: What’s Going On?
Shares of crypto-linked companies Hut 8 Corp. (NASDAQ:HUT), MARA Holdings, Inc. (NASDAQ:MARA) and Riot Platforms Inc. (NASDAQ:RIOT) are trading lower Monday as Bitcoin (CRYPTO: BTC/USD) experienced a pullback after its recent rise near $100,000. Here’s what you need to know. What To Know: Bitcoin-related investments saw significant outflows last...
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Trump’s inauguration could mark local top for crypto, research shows
Historically, markets outperform after presidential elections and then stall once the President-elect takes office, data shows....
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$300M Bitcoin Hack Forces Japanese Crypto Exchange to Cease Operations—Details
Japanese cryptocurrency exchange DMM Bitcoin announced its decision to shut down operations following a severe security breach in May that resulted in more than $300 million in losses. The latest report states that the exchange has agreed to transfer its assets to SBI VC Trade, the crypto division of...
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Leveraged MicroStrategy ETFs Are Playing With Fire, Experts Warn
Investors have poured billions into two highly leveraged ETFs linked to MicroStrategy Inc. (NASDAQ:MSTR), a company synonymous with aggressive Bitcoin (CRYPTO: BTC) investments. What Happened: The T-Rex 2X Long MSTR Daily Target ETF and the Defiance Daily Target 2X Long MSTR ETF collectively now manage around $5 billion in...
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Dogecoin’s ‘Insane’ 165% Growth In November Is ‘Just The First Candle,’ Traders Speculate
Dogecoin’s (CRYPTO: DOGE) strong November performance has given way to a period of consolidation, but traders remain bullish about further upside to come. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.4204 $61.8 Billion -3.3% +4.3% Shiba Inu (CRYPTO: SHIB) $0.00002926 $17.2 Billion -6.7% +14% Pepe...
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