In a move that further deepens the rift between major cryptocurrency exchange Binance and US regulators, a US judge has denied CEO Changpeng Zhao (CZ) permission to travel for the second time. This latest development comes amidst an ongoing lawsuit filed by the US Commodity Futures Trading Commission (CFTC) against Binance, accusing the exchange of […]
In a move reminiscent of 2020’s meteoric rise, Bitcoin and Ethereum experienced a staggering inflow of over $19.7 billion on December 14th. This sudden surge sent shockwaves through the cryptosphere, igniting speculation and raising the tantalizing question: is a new bull run on the horizon? The influx, meticulously tracked by on-chain analyst Ali Martinez, mirrors […]
The United Kingdom’s tax authority, Her Majesty’s Revenue and Customs (HMRC), has issued a stern warning to cryptocurrency holders, stating that a lack of knowledge about crypto tax regulations will not be an acceptable excuse for evading taxes. This firm stance comes as HMRC intensifies its efforts to crack down on unpaid crypto taxes, estimated […]
The decentralized finance (DeFi) revolution is reshaping the financial landscape, challenging traditional banking systems and introducing a new era of financial inclusivity and accessibility. DeFi platforms, built on blockchain technology, are transforming the way individuals access and manage financial services by eliminating intermediaries and providing decentralized alternatives for lending, borrowing, and trading. One of the […]
Bitcoin’s adaptability and resilience have been demonstrated once again in the face of intense volatility on the crypto market. This is the first time that the leading cryptocurrency has surpassed the $26,000 mark. Many analysts call this the ‘acceleration area’. The surge in Bitcoin’s price coincides with a bullish energy that was sparked by BlackRock ‘s plan […]
