Russia is getting serious about regulating crypto! Their upper house of parliament just approved a new law that will tax Bitcoin and other crypto mining operations. Crypto Mining Taxes: The Details Get ready, crypto miners in Russia: you’ll be paying taxes on your earnings. The new law sets a tax rate between 13% and 15%…
A crypto investigator, ZachXBT, has accused a former professional Fortnite player, known as Serpent, of being involved in a massive memecoin scam. The alleged scam involved stealing a whopping $3.5 million. From Fortnite Pro to Crypto Crook? ZachXBT’s investigation linked Serpent to nine different crypto hacks. The evidence points to Serpent’s wallets receiving funds stolen…
Ethereum’s open interest—a measure of outstanding derivative contracts—just hit a record high of roughly $16.8 billion. This massive jump has analysts predicting some serious price swings. What’s Open Interest, Anyway? Open interest basically tracks how many ETH derivative contracts are currently open across all major exchanges. Think of it as a gauge of how much…
Ethereum’s price is surging! After a strong week with almost a 10% increase, it’s breaking through major resistance levels. Talk of a new all-time high by year’s end is heating up. Even Ethereum futures trading is seeing a boost, showing traders are feeling pretty bullish. Is There More Room to Grow? Crypto analyst ShayanBTC has…
An 81-year-old heir to the Hermès fortune, Nicolas Puech, claims a mind-boggling $13 billion has vanished. He says his six million Hermès shares have disappeared without a trace. Accusations of a Massive Fraud Puech accuses his former financial advisor, Eric Freymond, of orchestrating a massive, decades-long fraud. He’s filed lawsuits in Geneva, but so far,…
Analyst Kevin Svenson is predicting a Bitcoin price surge to $100,000, outlining two possible scenarios. He shared his outlook with his large YouTube following. Two Paths to $100,000 Bitcoin Svenson’s bullish prediction hinges on Bitcoin’s ability to hold above a key support level. He sees two main scenarios: Scenario 1: Smooth Sailing If Bitcoin stays…
Cryptocurrency theft is down overall, but November still saw hackers and scammers make off with a hefty $71 million. While that’s significantly less than the $343 million stolen in November 2023, it’s a reminder that the risks remain. Binance’s BNB Chain Hit Hardest The BNB Chain, Binance’s blockchain, was the biggest target, suffering 14 attacks…
Cardano founder Charles Hoskinson is predicting a massive Bitcoin price surge. He believes Bitcoin could reach a whopping $250,000 to $500,000 within the next two years. This represents a potential increase of 436% from current levels. Why the Bitcoin Bull Run? Hoskinson’s prediction is based on several factors: Increased Investment: He points to significant investment…
A crypto analyst, TradingShot, recently weighed in on Bitcoin’s recent price rejection at $99,000. Is this the end of the bull run, or just a temporary blip? TradingShot believes it’s the latter. Why the $99,000 Rejection? TradingShot suggests the rejection at $99,000 is likely temporary, citing a few possible reasons: Post-Election Hype Fade: The market…
Dogecoin’s recent price action has been a rollercoaster. After a big jump above $0.30, it’s been struggling to break through the $0.40 resistance level. Let’s look at what some analysts are saying about what could happen next. A Crucial Resistance Level Dogecoin has been consolidating after some impressive gains earlier this month. While many hoped…
