South Korea’s crypto tax law continues to face significant opposition from cryptocurrency proponents in the county. Kim Boo-kyum, recently nominated as Prime Minister by South Korea’s President Moon Jae-in, has said he will look into the country’s crypto tax law. According to a report by KBS World, the Prime Minister nominee is keen to ensure […]
Category: Crypto
5 things to watch in Bitcoin this week as greed and leverage get ‘flushed out’
Bitcoin begins the new week above $50,000 after a relatively boring weekend. Bitcoin (BTC) is keeping bulls and bears guessing as it opens a new weekly candle in the green, heading away from $50,000. After an uneventful but uninspiring weekend, BTC/USD has begun Monday by reclaiming $53,000 for the first time since April 22. What […]
Tether’s market cap hits $50B as stablecoin adoption grows
The 50 billionth USDT token has been minted, Tether has confirmed. The market capitalization of Tether (USDT), the world’s largest stablecoin, zipped past $50 billion on Monday, in a sign that the cryptocurrency bull market was still heating up. Tether Operations Limited confirmed the milestone on Friday, with roughly 50 billion USDT now reported to […]
Crypto exchange Binance to offer tokenized stocks of Apple, Microsoft, and MicroStrategy
Cryptocurrency exchange Binance will gradually list tokenized shares of tech giants Apple (AAPL), Microsoft (MSFT), and MicroStrategy (MSTR) on its trading platform over the coming week, according to an announcement published today. New Stock Tokens to Be Made Available on https://t.co/QILSkzOI1K (2021-04-26) https://t.co/4k1wZViyIp pic.twitter.com/9om3JP98es — Binance (@binance) April 26, 2021 Akin to stablecoins, stock tokens […]
Bitcoin Rebounds Strongly after Hitting a 7-Week Low
Today, Bitcoin (BTC) rebounded strongly to $53K after plummeting to a low of around $47,000 on April 25. (Read More)
Netflix Wins 7 Oscar Awards, Doubling Its Collection, NFLX Stock Goes Slightly Up in Pre-Market
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Rapper Eminem Launches Beat-Inspired Animated NFTs
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AAVE Community Voted Overwhelmingly to Adopt Liquidity Mining Program for Next Three Months
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Eminem NFTs Auctioned On Nifty Gateway
The 15 time Grammy award winner, Eminem, released his first NFT collection yesterday on Nifty Gateway. There are three types of NFTs up for sale, in the form of high quality animations with an original beat by the iconic rapper himself. Following the footsteps of other celebrities selling NFTs, Eminem (real name Marshall Mathers) has […]
Ethereum Price Rallies Due to Drop in its Network Fee
Making a strong comeback, Ethereum has managed to breach its previous price record with new value stacking at an all-time high of $2645 on cryptocurrency exchange Binance. In addition to the value, the active users of Ethereum have also reached a record high of 771,000 – breaking its previous milestone of the highest 739,000 users […]