The recent issuance of a Wells notice by the US SEC to Uniswap Labs, the entity responsible for the popular Ethereum-based decentralized exchange, Uniswap, has stirred up a storm in the crypto community. Hayden Adams, the founder of Uniswap, took to social media to express his reaction to the SEC’s warning. Despite his stoic stance,
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Price Drop Followed by Analyst Predictions Recently, Shiba Inu (SHIB) experienced a price drop causing concern among investors. The price dipped by 3% on a daily scale and a significant 20% on a monthly basis. However, despite this downturn, analysts are predicting a potential bullish trend in the near future. Optimism Supported by Outflows and
Bitcoin, the undisputed king of cryptocurrencies, is once again on a wild ride. After a surge over the weekend that brought it close to shattering its all-time high, the digital asset has dipped back below the crucial $70,000 mark in the last 24 hours. This sudden correction has left investors wondering if the predicted surge
During a recent Senate hearing, Senator Tim Scott criticized the current US administration for making digital assets the scapegoat in efforts to combat terrorism financing. He raised concerns about the Treasury’s exclusive focus on cryptocurrencies, arguing that more traditional sources of funding, particularly those benefiting Iran, are being ignored. Scott pointed out Iran’s $35 billion
The viral trend surrounding ANSEMWIF, a spin-off coin inspired by influencer Ansem, has taken the crypto market by storm. Despite its explosive growth, with a price increase of +2,950% in the first 5 hours, it is crucial to acknowledge the inherent risks associated with meme coins such as ANSEMWIF. The current market price of $0.0003
Renowned trading guru Peter Brandt has recently shifted his stance on Ethereum, offering intriguing insights into the market dynamics between Ethereum and Bitcoin. Despite his prior criticism of Ethereum as a “junk coin” and its supporters as “Etheridiots,” Brandt’s latest observation of a potential bear trap on the Ethereum-to-Bitcoin chart suggests a more cautious optimism.
In recent news, a Nigerian High Court in Abuja made the decision to detain Tigran Gambaryan, an executive at Binance, amidst allegations of money laundering. Despite Gambaryan pleading not guilty to the charges, the court ordered him to be remanded in prison until his bail hearing on April 18. The trial is set to begin
Bitcoin has been consolidating over the past month, unable to sustain its rise beyond $73,000. However, Michael Van De Poppe predicts a surge in the short term, with the potential to reach $300,000 in this bull cycle. The upcoming Bitcoin Halving, set to happen in less than 12 days, is fueling optimism within the crypto
In a recent announcement by the Swedish tax authority, Skatteverket, concerning the Value-Added Tax (VAT) treatment of Non-Fungible Tokens (NFTs), there has been a comprehensive ruling regarding the taxation of these digital assets. The authority specified that the standard 25 percent tax rate applies to NFTs associated with digital works. The ruling highlighted that an
The article discusses the recent performance of Solana meme coins in the cryptocurrency market. It highlights that while Bitcoin and Ethereum have seen gains of around 4% and 7% respectively, Solana has only added about 1.7% to its value overnight. Furthermore, it mentions that Solana meme coins like DogWifHat, Bonk, BOOK OF MEME, and Jeo