Ethereum

Rumors of a presidential pardon for FTX’s Sam Bankman-Fried spark outrage

5 hours ago 1 min read

Sam Bankman-Fried, the ex-CEO of the bankrupt cryptocurrency exchange FTX, is being talked about in relation to a possible presidential pardon after receiving a 25-year sentence for fraud and embezzlement. SBF was convicted in November 2023 on several charges. His case has sparked talks about how political ties can affect court decisions, especially because he donated a lot to the Democratic Party, including $5.2 million to pro-Biden super PACs during

The IRS insists crypto staking rewards are taxable income

6 hours ago 2 mins read

Joshua Jarrett, a cryptocurrency investor, is in a legal dispute with the IRS over whether staking rewards should be taxed as income. Jarrett, who got a refund on taxes for staking rewards, claims these tokens should be seen as new property instead of immediate income, opposing the IRS in a new lawsuit. This case could greatly affect U.S. crypto investors, especially with increasing regulatory attention. Jarrett is asking for a

The SEC approves the first-ever Bitcoin and Ethereum ETFs

December 22, 2024 1 min read

The U.S. Securities and Exchange Commission (SEC) has approved the first dual Bitcoin and Ethereum Exchange-Traded Funds (ETFs) from Hashdex and Franklin Templeton. This approval is an important step for institutional investors, giving them simpler access to the top two cryptocurrencies with spot-based investment options. The Franklin Templeton Crypto Index ETF and the Hashdex Nasdaq Crypto Index US ETF have both been approved by regulators. Franklin Templeton’s application was processed

Why Qubetics at $0.0342 Could Be the Game-Changer in Blockchain Dev, While Litecoin Eyes $150 and Filecoin Soars—The Best Altcoins to Invest in for Long Term!

December 21, 2024 6 mins read

The crypto market is like a wild rollercoaster ride, right? One minute, you’re watching a coin shoot up like a rocket, and the next, it’s tumbling down. But amidst all the chaos, there are a few standouts that seem to rise above the noise. Take Qubetics, for example, currently priced at $0.0342 during its presale phase. The buzz is real, especially with its QubeQode IDE set to revolutionise the blockchain

Gud Tech, Zircuit’s First AI Fair Launch, Surpasses $9M in Staking Value

December 21, 2024 2 mins read

Gud Tech, Zircuit’s first multichain AI platform for automated finance, is thrilled to announce the success of its $GUD token launch. Built on Zircuit, the AI-powered blockchain for secure DeFi and staking, $GUD is reshaping token distribution with a community-first approach, prioritizing inclusivity and decentralization. In its first week, the $GUD launch has seen over 127M $ZRC tokens staked, locking a total of $9M USD in value. These early results underscore the

Regret Missing Ethereum’s Early Days? Qubetics Is Here to Rewrite Your Blockchain Investment Story!

December 20, 2024 5 mins read

For many, the early days of Ethereum are a bittersweet memory—a golden opportunity missed. At just $0.30 during its initial token sale in 2015, Ethereum is now a powerhouse of decentralised innovation, fueling smart contracts, DeFi, and NFTs. Its meteoric rise from obscurity to dominance left latecomers watching from the sidelines, wondering what could have been. If you’re one of those who missed the Ethereum train, you’re not alone. But

Analysts Predict $TICS to Hit $0.25 with Ethereum’s Momentum and Cardano’s Strength Among the Best Coins to Buy This Month

December 18, 2024 6 mins read

As December unfolds, the cryptocurrency market presents a host of exciting opportunities for investors looking for long-term growth. Among the various promising projects, Qubetics, Ethereum, and Cardano stand out as some of the best coins to buy this month. These projects not only offer innovation but also have strong potential to disrupt their respective industries, making them valuable additions to any portfolio. Let’s explore why these three coins are attracting

Bitcoin hits new all-time high of over $106K

December 16, 2024 1 min read

Bitcoin (BTC) recently jumped to over $106,000 during early Asian trading hours, then dropped back to about $104,500. This fluctuation happens as people expect a U.S. Federal Reserve (Fed) rate cut, likely reducing the main borrowing cost by 25 basis points to between 4.25% and 4.5%. This would mean a total reduction of 100 basis points since September. Market participants are cautious that the Fed’s statements might lower expectations for

Ukraine plans to legalize cryptocurrencies by 2025

December 15, 2024 1 min read

Ukraine plans to legalize cryptocurrencies by early 2025, aiming to create clear rules and taxes without special tax breaks. The new law wants to control digital assets to keep finances stable and reduce risks like tax evasion and money laundering. The draft law, created with feedback from the National Bank of Ukraine (NBU) and the International Monetary Fund (IMF), will tax profits from cryptocurrency when they are converted into fiat

CoinShares predicts 2025 will bring major gains for Bitcoin and altcoins under Trump

December 13, 2024 1 min read

CoinShares expects significant growth in the cryptocurrency market by 2025, driven by positive regulatory changes and new technology. The European investment firm’s latest report highlights important trends. These include the possible effects of Donald Trump’s presidency, the growth of companies that yield Bitcoin, and progress in Ethereum and Solana. Analyst Max Shannon believes that a Trump administration might bring regulatory changes that benefit Bitcoin miners and digital assets, making it

LBank Labs Latest Report: Memecoins Explode in 2024, Exchanges Race for $100B Market

December 13, 2024 4 mins read

LBank Labs, in collaboration with MetaEra and Bee Network, has jointly published its latest report titled “2024 Memecoins Report: From Controversial Narrative to a $100B Market.” The report highlights a paradigm shift in the memecoins, which have evolved from short-term speculative assets to a sophisticated market with a total capitalization exceeding $100 billion. The memecoins market has demonstrated significant growth in 2024, with the Benchmark index surging 279.8%, outperforming assets

BlackRock’s Bitcoin ETF surpasses all 50+ European regional ETFs combined

December 13, 2024 1 min read

BlackRock’s Bitcoin ETF, called IBIT, has achieved a major milestone by gathering more assets than all 50+ European regional ETFs put together, even though many of these funds have been around for over 20 years. This fast growth shows that more people in finance are accepting crypto. Since it started in January, IBIT has broken records and now holds almost half of all Bitcoin ETF assets, exceeding the value of