The Commodity Futures Trading Commission’s (CFTC) recent enforcement actions against Binance have drawn attention to the regulatory scrutiny of digital asset exchanges. Binance, as a significant player in the cryptocurrency market, is facing regulatory challenges that signal a broader focus on compliance within the industry. The intensified efforts by the CFTC to address unregistered cryptocurrency […]
The collaboration between Yellow Card and PayPal stands as a pivotal step in advancing crypto adoption and financial inclusivity. Yellow Card has introduced PayPal USD (PYUSD), a stablecoin backed by Paxos Trust Company, facilitating seamless buying, selling, and transferring of PYUSD for African customers without the need for a PayPal account. This partnership aims to […]
Two years after El Salvador adopted bitcoin as legal tender, the cryptocurrency’s integration remains a work in progress. With grand visions of spurring financial inclusion and economic growth, the experiment has yielded mixed results. Let’s review bitcoin’s bumpy ride in El Salvador. Early Hype Meets Harsh Realities In 2021, El Salvador passed the Bitcoin Law, […]
Cryptocurrency has become an increasingly important part of our financial landscape. As digital currencies like Bitcoin, Ethereum, and numerous altcoins continue to captivate investors and traders, the need for reliable and efficient crypto tax software becomes more pronounced.Taxing cryptocurrency is a complex task. It’s not as simple as declaring income or capital gains from stocks […]
A U.S. bankruptcy court will decide on Wednesday whether collapsed crypto exchange FTX can sell off its sizable cryptocurrency reserves. This move could spark additional volatility in an already battered crypto market. FTX currently holds over $3.4 billion in various cryptocurrencies. According to recent court filings, FTX’s top crypto asset holdings include: $1.2 billion in Solana […]
Sending money on the Bitcoin blockchain can be expensive if you don’t pay attention to transaction fees. This was the hard lesson learned by one unidentified individual who accidentally paid over $500,000 in fees to send just $1,900 worth of bitcoin. Behind Bitcoin’s Most Expensive Transaction This eye-watering transaction fee doesn’t make sense for such […]
The Merge is happening, and you may be wondering how this will affect your cryptocurrency trading. There are a number of factors to consider. These include: the price, the environment, and shard chains. The following is a brief overview of the Merge’s impacts. Impact on economics As the Ethereum merge is nearing, many are wondering […]
The most famous crypto-currency, the king BTC saw its price jump from $3,200 in December 2018 to $13,800 last week. Bitcoin has hit a 15-month high, and the 2018 correction is now far behind. Several elements are catalysts according to us. The arrival of Bitcoin futures contracts Many elements, put together, explain this return to […]
Cryptocurrency is a future of digital world and is becoming a successful present for leading brands. Cryptocurrency is a form of digital currency which is managed and created through the use of an advanced technology of encryption known as Cryptography. This technology made a leap in the real world through Bitcoin when the academic concepts […]
Bitcoin has not only been an influential trendsetter which ushers in a great wave of cryptocurrencies which is built on a decentralized peer to peer network, but also it has become the de facto standard for all kinds of cryptocurrencies, constantly inspiring an ever-growing legion of spinoffs and followers as well. Before we actually start […]