This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
As Bitcoin (BTC) and Ethereum (ETH) are classified as taxable assets by the US tax authorities, the proposed capital gains tax will also impact crypto investors who have held and earned returns on their digital currencies for a year now.
The market pull-back may also be linked to the possible cryptocurrency market crackdown caution that is probably scaring off some investors.
Crypto industry participants tend to put money wherever they can, especially when some big names are involved. But you need to be very careful to ensure that the NFT you buy has an actual real value.
According to Weezer, the “OK Crypto” NFTs collection features digital trading cards. They represent each song on the album and include different rarities. The crypto album will launch on April 28.
Coinbase Pro has announced support for ERC-20 based, stable coin Tether (USDT). The exchange confirmed trading will commence on Monday, April 26, if liquidity conditions are met.
As interest in crypto increases, there is also a surge in online trading fueled by retail investors.
According to Aoki, he likes to “be early in as many things as possible.” He said that his investment in Bitcoin was when the digital asset was trading at around $11,000.
Ethereum has hit a new ATH. Ethereum price is now up over 1400% in the past year.
Following the launch of the Reef Chain Mainnet, DeFi users can gain a smart decentralized finance exposure with interoperability features across multiple chains including Ethereum, Polkadot, Cosmos, Avalanche, and the Binance Smart Chain amongst others.
It is estimated that the Thodex exchange has shut down with between $2-10 billion of investors’ hard-earned money irretrievable.
Currently, it is not clear what the UK’s Financial Conduct Authority will see fit for the new Binance tradable stock tokens services.
Liquidity providers in DeFi can now earn rewards in NFT token BAEPAY and use it across different Blockchain Art Exchanges.
One of the funds launched by Huobi Asset Management is a private equity fund that will invest solely in cryptocurrency mining operations.
The bill will clarify the roles of regulatory agencies like the Commodity Futures Trading Commission (CFTC) and the US Securities and Exchange Commission (SEC) in managing crypto in the US.
UnoRe aims to be the missing piece that unlocks the enormous potential of decentralization within the reinsurance industry.