Crypto Market

DeSantis Vows to Abolish IRS, Advocates Flat Tax in Presidential Bid Amidst Stiff GOP Competition

On Jan 4, 2024, Florida Governor and presidential candidate Ron DeSantis articulated his desire to abolish the US Internal Revenue Service (IRS) He advocated for the adoption of a uniform rate flat

Investor cohorts outpace Bitcoin’s monthly mined supply for the first time since early December

Quick Take When juxtaposed with the volume of newly mined BTC, the balance change of Bitcoin investor cohorts offers intriguing insights into the dynamics of the digital asset markets’

Digital Currency Group (DCG) Completes $700 Loan Repayment To Genesis Exchange

Venture capital firm Digital Currency Group (DCG) has completed a $700 million payment to its subsidiary company Genesis Global Capital (GGC) as a settlement of its short-term loans from the

Crypto Analyst Forecasts MATIC Price Recovery With This 16% Swing

MATIC was one of the altcoins affected by the recent market downturn triggered by the controversial Matrixport report on the Bitcoin spot ETF this week This negative sentiment pushed the

Mysterious Million-Dollar Bitcoin Transfer Sparks Wave of ‘Dust’ to Satoshi’s Genesis Wallet

After the enigmatic transaction on Jan 5, 2024, in which an unidentified bitcoin wallet transferred 26917 bitcoin worth $119 million to Satoshi Nakamoto’s Genesis wallet, there has been a

Shiba Inu Marketing Lead Announces Massive 85 Million SHIB Rewards For Stakers – Details

Lucie, Shiba Inu’s marketing lead, announced in a social media post a potential opportunity for members of the community to earn on their holdings The marketing lead announced on X (formerly

Ethereum Giga Whales On A Historic Buying Spree – Here’s How Much ETH They’ve Bought

Ethereum whales have been on a buying spree for a while now, which is an indication of their sustained support for the king of altcoins These whale buys have particularly increased in the past few

Shift in digital asset market as smaller wallets sell off, while mid-tier investors continue to accumulate

Quick Take An in-depth analysis of Accumulation Trend Score offers a detailed portrayal of the digital asset market’s varying behavior, largely segmented by wallet cohorts The aggregation of

New US Crypto Tax Law, SEC Still Processing BTC ETFs, Saylor Buys More BTC, and More — Week in Review

The US introduces stringent tax reporting laws for transactions over $10,000, while the SEC grapples with a backlog of paperwork for pending spot Bitcoin ETFs Meanwhile, Michael Saylor sells

Wall Street Financial Veteran Reveals Massive Potential Behind XRP

Wall Street expert Linda Jones has joined the list of experts predicting a strong bullish future for XRP Jones shared her thoughts regarding the crypto in a recent interview, and how Ripple’s
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Is Bitcoin’s Rally Over? Leverage Drops As Halving Highs Fade: Report

Recent trends in the crypto market have indicated a notable shift in trader behavior, particularly among those investing in Bitcoin Using data from CryptoQuant, Bloomberg has revealed that the

Polygon leads in EVM efficiency as DeFi users favor low transaction costs

Layer-1 blockchains are foundational networks supporting various applications directly on their protocol, while Layer-2 blockchains operate atop these foundational layers, enhancing scalability and

Bitcoin’s Future: Why The Samourai Wallet Case Matters To Every User

On Wednesday, the Bitcoin industry was rocked by the arrest of Keonne Rodriguez and William Lonergan Hill, the CEO and CTO of the crypto mixer service Samourai Wallet The US Department of Justice

Bitcoin stabilizes near $63,000 as U.S. economic growth decelerates.

Quick Take Data from Trading Economics shows the United States economy grew at an annualized rate of 16% in the first quarter of 2024, falling short of the forecasted 25% and slowing down from the

SEC Anticipated To Reject Spot Ethereum ETFs In Upcoming Decision, ETH Price Takes 5% Hit

Over the past 24 hours, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a significant 5% price drop This drop comes amid growing speculation that the