Author: Crypto News
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There have been many things going on in the crypto community recently, with Bitcoin and Ethereum spot ETFs getting approved in Hong Kong and the Bitcoin halving about to happen very soon. All these factors have driven a lot of volatility in the market. Also, after the mini bull run, we saw the crypto market in a bearish trend. All these factors have made investors seek new opportunities in the market.Amid the market correction, Stellar and Cosmos investors are shifting their money into the presale of Pushd. Pushd is a new decentralized marketplace protocol in its presale phase right now,…
Last updated: April 21, 2024 04:30 EDT | 2 min read Kathryn Haun, a former Assistant U.S. Attorney and partner at Andreesen-Horowitz, has announced plans to step down from Coinbase’s board.Haun has been a board member of Coinbase for the past seven years and has played a crucial role in the company’s growth and success.In a post on X, Haun expressed her confidence in Coinbase’s future prospects, stating that the company is well-positioned to continue thriving in the evolving crypto landscape. However, she also acknowledged the remarkable expansion of the cryptocurrency industry and revealed her intention to focus more on venture investing through her company, Haun…
Last updated: April 20, 2024 17:09 EDT | 2 min read With a significant 24-hour trading volume of $2.97 billion and a price surge to $151.34, Solana showcases robust market performance.This 5% increase over the last day has propelled Solana‘s market capitalization to approximately $67.62 billion, cementing its position as the fifth largest by market cap.As market watchers closely monitor these developments, Solana price predictions become increasingly optimistic, let’s take a look at Solana’s technical outlook.Solana Price PredictionSolana’s pivot point set at $147.20 with an immediate resistance at $164.56, with further hurdles at $185.94 and $204.26.Should the momentum continue, crossing…
Last updated: April 20, 2024 13:26 EDT | 3 min read Bitcoin, currently trading at $63,999 with a 3.50% increase post-halving, introduces a supply squeeze that might kickstart a new bull market. The event cuts the mining reward from 6.25 to 3.125 bitcoins, underpinning Bitcoin’s strategy to cap its total supply at 21 million coins. While the halving aims to increase scarcity and potentially boost prices, the immediate market reaction has been subdued, with Bitcoin stabilizing around $64,000. Bitcoin Halving: A Supply Squeeze Shakes Up the MarketThe fourth Bitcoin halving took place late Friday at block height 840,000, marking a pivotal…
Last updated: April 20, 2024 12:00 EDT | 2 min read The United States Internal Revenue Service (IRS) has recently released a draft of Form 1099-DA for reporting income derived from digital asset transactions. Titled “Digital Asset Proceeds from Broker Transactions,” the form is expected to be implemented in 2025 for reporting purposes in 2026.Under the new regulations, brokers, including kiosk operators, digital asset payment processors, hosted wallet providers, and unhosted wallet providers, will be responsible for preparing Form 1099-DA for customers engaged in selling or exchanging digital assets. Copies of the form will be sent to both customers and the IRS, enabling the tax authority…
To the extent that giving immense returns for little endeavors, cryptocurrency has exhibited to engage that. With the right cryptocurrencies, it is the speediest course to achieving autonomy from the futile way of life in the advanced cash natural framework.Monetary benefactors bloom with the instability of cryptocurrencies to make delectable returns by buying for a minimal price and making various folds from the endeavor.We have seen a couple of cryptocurrencies giving investors huge returns. Events are PEPE, Shiba Inu, Doge. BEFE is one more top rising coin that has beaten execution of every single other existent coin in the crypto…
With only five days left before the Bitcoin halving, potential buyers are getting cold feet due to the price volatility. However, buyers are willing to take short-term exposure to risk when it comes to new airdrops, mints, and tokens with the lowest possible price. Toncoin is one of the platforms offering those opportunities, but buyers are also flocking to the DeeStream presale, which has a 50X growth potential and solid token utility. Bitcoin Miners in No Hurry for HalvingBitcoin miners are not overdoing their activity, meaning there are five more days of block time until the halving. The event has already…
Ethereum was all set to pump thanks to Hong Kong’s spot ETH approval. However, it was cut short due to the tension surrounding the Iran-Israel conflict. Experts still believe that once the smoke blows away, Ethereum will pump in value as the news of its spot approval goes viral. Even after that, we believe Pushd has far more growth potential than Ethereum in the current market. It has the potential to become a blue-chip cryptocurrency. This decentralized e-commerce platform will make buying and selling much more profitable.Ethereum’s “Pectra” Upgrade is Just Around The CornerAfter the successful Duncan upgrade, Ethereum’s team has…
Photo by Kanchanara on UnsplashUNUS SED LEO climbs, and the future looks relatively bright, while Aptos predictions are all over the board. So, it’s no wonder that Leo and Aptos holders are turning to a sure thing, namely DeeStream, a platform set to completely disrupt the world of streaming.DeeStream is a decentralized video platform that will topple Twitch for one simple reason: it understands that its role is to connect creators with viewers and not to preach or let themselves be controlled by politics. When you add instant payouts and low fees, DeeStream will definitely take the world of streaming…