Is Ethereum Preparing for a $5,000 Rally? Crypto Analysts Think So According to a recent tweet from popular crypto analyst “Moon,” Ethereum (ETH) is currently in an “obvious accumulation range of all time.” This means that many investors and traders could potentially be interested in getting involved with ETH if the coin breaks out of … Read more
NFTs have become a hot topic in recent times, with people buying them for millions of dollars. If you’re new to the world of NFTs and want to learn the basics, this article is for you. Understanding NFTs: The Basics Explained If you’ve been following the latest trends, you may have heard about NFTs, or … Read more
On Friday, the crypto market could be facing a major shakeup as Mt. Gox creditors start receiving repayments for their Bitcoin investments, which were relinquished nine years ago. Reports indicate that the repayments will begin on March 10, unlocking a whopping 137,890 Bitcoin, which is currently valued at over $3 billion. While this is good … Read more
Ethereum Layer 2 Network Scroll Secures $50M in Funding, Valued at $1.8B, bringing its total funding to $83 million. Investors in the funding round included Polychain Capital, Sequoia China, Bain Capital Crypto, Moore Capital Management, Variant Fund, Newman Capital, IOSG Ventures, and Qiming Venture Partners. According to a source with direct knowledge, the funding round … Read more
An ancient Ethereum whale has resurfaced after a long dormancy of over five years, moving millions amidst a recent dip in Ethereum’s price. This whale address had amassed a significant amount of Ethereum, totaling 10,266 ETH, through mining activities in 2017. Recently, the whale transferred the entire amount, which is now worth around $16 million, … Read more
The world of finance has seen a significant transformation in recent years, and it has become more accessible for everyone to invest their money. Cryptocurrencies and NFTs have been at the forefront of this revolution, and investors are excited about the potential returns on their investments. However, choosing between NFTs and Cryptocurrency can be challenging … Read more
According to Punchbowl news, U.S. lawmakers are planning to reintroduce the Keep Innovation in America Act, a bill that aims to reform the taxation of cryptocurrencies. Co-led by U.S. Rep. Patrick McHenry (R-N.C.) and Ritchie Torres (D-N.Y.), the bill seeks to narrow the definition of a crypto broker for tax purposes to “any person who … Read more