Borroe is a revolutionary platform that combines AI technology with an NFT marketplace, designed to revolutionize the funding industry. The demand for its native token, $ROE, has reached unprecedented heights, attracting the attention of not just individual investors but also financial institutions.Borroe introduces a novel way for businesses to secure funding by converting their future […]
Western Union, a global money transfer powerhouse, has announced its venture into the cryptocurrency realm. CEO Hikmet Ersek revealed that the company is actively exploring the integration of Ripple’s blockchain technology and its native digital asset, XRP. Ripple has confirmed a longstanding collaboration with Western Union, stating that the company has been “engaged in testing […]
American hedge fund Pantera Capital is bullish on Bitcoin (BTC), predicting that the leading token’s price may reach six figures in the near future. According to the “Blockchain Letter” issued by the crypto fund, which boasts of $3.5 billion worth of Assets Under Management (AUM), to investors, Bitcoin could reach as high as $147,843 per […]
The Internal Revenue Services (IRS) recently proposed new rules for brokers to follow when selling and trading digital assets, in an effort to catch crypto users avoiding taxes. This has been met with criticism from prominent crypto commentators, who believe that the stringent rules will push the crypto industry away from the United States.Messari CEO […]
Bitcoin and Chainlink are two of the top cryptocurrencies with potential as long-term investments. Bitcoin, the world’s largest crypto by market cap, is seen as a safe-haven investment rather than a conventional currency. It has gained attention in 2021 due to Tesla CEO Elon Musk’s announcement of the company’s $1.5 billion investment, followed by the […]
Bitcoin’s market has seen unprecedented movements yesterday, with the fifth largest outflow of Bitcoin in 2023 amounting to nearly $300 million or 10,000 BTC. This withdrawal was facilitated by Bithumb, a leading global exchange, which now holds only 8,500 Bitcoins. This event could indicate a growing preference among investors for holding cryptocurrencies in personal wallets […]
The cryptocurrency market appears to be recovering from its recent downtrend, according to JPMorgan’s latest research. Analysts for the American bank estimate that the liquidations of long positions are “largely behind us”, based on the open interest in Bitcoin futures contracts on the Chicago Mercantile Exchange (CME). Open interest serves as an indicator of market […]
The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have proposed new tax regulations for the digital assets industry. The proposed regulations would require payment platforms, wallet providers, trading firms, and real estate brokers to file tax information on certain sales or exchange transactions. According to the Treasury Department, the proposed rules, […]
Charles Hoskinson, the founder of Cardano, recently made a bold prediction at the Rare Evo conference that ADA, the native token of the Cardano blockchain, is poised to dethrone the current cryptocurrency giants, Bitcoin and Ethereum. This proclamation has sparked fervent discussions about the future of digital assets.Cardano is a project rooted in innovation and […]
Gemini has recently unveiled a new feature that allows users to earn XRP cryptocurrency rewards when making routine credit card purchases. Gemini Credit Card holders can earn up to 3% in XRP rewards on dining, groceries (2%), and other transactions (1%). These rewards are deposited directly into the user’s account on the Gemini platform, with […]
