Many investors believe that buying the cheapest altcoins produces greater returns during rallies but is this true? For many investors crypto trading remains a rags-to-riches affair where inexperienced investors hope to strike it rich by buying the cheapest priced altcoins like many novice traders did in 2017. Currently, the majority of traders do not expect […]
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William Burgamy and Hyrum Wilson pleaded guilty to conspiring to firebomb a pharmacy in Nebraska. A dark web drug lord and a Nebraskan pharmacist pled guilty to federal charges on July 13 after both were accused of conspiring to bomb a competing business. According to the indictment by the U.S. Department of Justice, 32-year-old William […]
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Crypto taxation in South Korea could increase to 20% for capital gains. South Korean private sector members recently discussed a crypto-related taxation bill meant to establish capital gains tax for cryptocurrencies. During these discussions on July 13, members indicated crypto gains taxes could rise as high as 20%. Cryptocurrencies could be considered as “goods” Proposed […]
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Whale Alert alleges that crypto scams are skyrocketing in 2020 compared to statistics from 2017. Blockchain tracking and analytics platform, Whale Alert, revealed that over the past four years, scammers have stolen over $38 million worth of Bitcoin (BTC). New heights could be reached at the end of 2020 Whale Alert’s study, which relies on […]
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Crypto companies are looking for legal talent as the industry becomes more established. The crypto market might soon see an uptick in legal hiring as it is moving out of regulatory gray zones, according to a recent article from Bloomberg Law. The publication interviewed a number of experts from the industry following the news that […]
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Equities markets are surging and many altcoins continue to push higher as Bitcoin price consolidates into a tight trading range. The Nasdaq has regularly been making new highs for the past few days, which has resulted in a strong rally in a few technology companies. Along with this, a few stocks in the S&P 500 […]
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Researchers claim that the Compound token is at least five-fold overvalued as over 88% of its $1 billion book is lent to liquidity miners. Unlike most other cryptocurrencies, governance tokens for decentralized finance, or DeFi, lend themselves to classical fundamental analysis techniques. Since they are in many ways similar to traditional equity, they can benefit […]
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Chainlink overshot the previous bullish target hitting a new all-time high of $8.40, but how much higher can LINK price really go? As Bitcoin (BTC) price continues to trade in a tightening range, the altcoin market has been pushing higher each week, and the most recent surge has come from Chainlink (LINK). After breaking above […]
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Yield farming is driving a boom in DApp and DeFi use, but user experience improvements will be key for future adoption in the next five years. From CryptoKitties to Compound, decentralized applications and decentralized finance have become increasingly popular in the blockchain space, but the sector has gone through a fair share of teething problems […]
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Just two months after May’s Bitcoin halving event, both hash rate and difficulty have shrugged off post halving dips to hit new all-time highs. Following last week’s record-high Bitcoin hash rate, the latest difficulty adjustment saw a change of +9.89%, bringing the level to a new all-time high of over 17.3 trillion on July 13. […]
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