Ethereum 2.0 Beacon Chain Launched with 900,00 ETH staked
A long awaited Ethereum 2.0 “Beacon Chain” have gone live today, signifying a beginning of evolution in the Ethereum network. The Ethereum 2.0 network enters the “Phase 0” of the 6 step roadmap, with the Genesis Block launched into existence. The new and improved Ethereum 2.0 network promises scalability, betterContinue Reading
South Korean government delays new tax regime for crypto to 2022
The South Korean government have issued a taxation law on cryptocurrency trading gains back in July 2020. The new tax law suggested a 20% tax rate on income from crypto trading for crypto traders who earn more than 2.5 Million Won a year ($2,260 USD). The new tax, that wasContinue Reading
Bitcoin sets an ATH record of $20,000, surpassing The MasterCard Market Cap
Continuing trend of raising cryptocurrency prices challenges the traditional economy by outgrowing some largest players in size. Bitcoin sets an ATH price record The Bitcoin price surged to $19,692.34 today, and is currently traded past $20,000 mark on some markets. This long-awaited breakthrough sets a new ATH record, beating theContinue Reading
Bitcoin breaking $19,000 with the return of Bull Run
Despite recent news about possible legislations for cryptocurrency trade in the United States, and the confiscation of more than $4.2 billion worth of crypto by Chinese police, the positive market trend returns with new power. The initial reaction of the market to recent news results in a massive sell-out, whichContinue Reading
CRYPTOCURRENCY REGULATIONS: TRUMP ADMINISTRATION LAST WILL
New concerns about regulations of the raising crypto economy in the United States drive the market in reds, as the Trump Administration releases propositions to regulate Crypto, and prevent access to biggest Cryptocurrency Exchanges from the US. What proposed as an Anti Money laundering laws, aims to change the fundamentalContinue Reading
BITCOIN RETRACED BACK TO $17,000 IN A FEW HOURS
Why the Bitcoin is falling Today this question sparks minds of many Crypto traders and Bitcoin holders. In less a time span of less than 6 hours, it’s lost over $2000 value, crashing from $19,000 towards $17,000. One of the key factors at play is the new crypto economy ColdContinue Reading
USA National Intelligence: Digital Yuan is a Threat to the US National Security
John Ratcliffe, the director of US National Intelligence, have called the Digital Yuan a national security and raised concern on the Digital Dollar’s “lagging behind” in development Director of US Intelligence have written a letter to SEC Chairman Jay Clayton a few weeks ago. In this letter he raised concernsContinue Reading
Crypto Market Analysis: January 2021
The November’s Bitcoin bull run was met with a resistance at $18700 price mark.
What comes as a surprise to inexperienced traders was predicted by a number of crypto market analysts…Continue Reading
Ethereum 2.0 nearing the 50% “Ready”, while the ETH Price raises to $548
ETHEREUM 2.0 STAKING Ethereum 2.0 Staking is nearing launch readiness with over 253,664 ETH staked so far, and 270624 ETH still need to be raised to reach the launch threshold. Watching the progress of the Ethereum 2.0 staking in the last few days seemed like a still picture — just 2 days agoContinue Reading