join us telegram A channel to stay up to date on breaking news coverage Cryptocurrency markets experienced significant volatility in June due to sentiment surrounding the Bitcoin halving event and the approval of the Ethereum ETF. price of BTC I have been inconsistent for over a month. As a result, investors may want to wait for a clearer signal indicating the confidence of buyers to drive the post-halving rally. Investors searching for the cheapest cryptocurrency deals under $1 are searching the market as the 2024 bull run begins. Several cryptocurrencies stood out from the crowd of choices with significant upside…
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Blockchain development company Consensys has sent a letter to the U.S. Internal Revenue Service requesting a delay in proposed tax rules that would require brokers and exchanges to report certain sales of cryptocurrency.“We must reflect our overarching concern that certain aspects of the regulation do not sufficiently take into account the burden on prospective brokers, including firms that currently do not traditionally have reporting obligations.” letter said.Last April, the IRS released an initial version of Form 1099-DA under tax reporting rules proposed last August that said cryptocurrency brokers would be treated similarly to traditional brokers for products like stocks and…
Polygon tried the popular Optimistic rollup in advertising. The ad received mixed reviews. This is the latest salvo in the fight for Ethereum Layer 2 dominance. Driven by the desire to leverage Ethereum’s abundant liquidity, interest in layer 2 chain launches shows no signs of slowing down. Amid this high demand, competition is heating up among Ethereum scaling solution providers who offer gold rush era shovels – a technology stack that projects can use to decouple layer 2 chains. So far, the main contenders in this battle for dominance appear to be Polygon and Optimism.In the latest coup in the…
I know BitMEX Grafana exists, but when I need to check something it always takes me too long to find it because I can’t remember the URL. Where are you?
W3GG Launches Exclusive Private Token Sale for Community Members July 1st – Chainwire housenewsroomW3GG Launches Exclusive Private Token Sale for Community Members on July 1st We use cookies to make Chainwire’s website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the…
What is CryptoSlate Alpha?A web3 membership designed to provide you with cutting-edge insight and knowledge through the Access Protocol. Learn more >Connected to Alphaillusion! 👋 You are connected to CryptoSlate Alpha. Click the button below to manage your wallet connection.IMPORTANT: You must lock at least 20,000 ACS.If that’s not enough, buy ACS on the following exchanges:Connect via access protocolAccess Protocol is a web3 monetization paywall. When users stake ACS, they can access paywalled content. Sign up for access ›disclaimer: By choosing to lock your ACS tokens using CryptoSlate, you acknowledge and agree to be bound by the third-party digital wallet…
Ethereum price struggled to break above the $3,650 resistance level and its gains declined. ETH is now signaling a downward breakout and could fall below $3,450. Ethereum is cutting gains at the $3,620 resistance zone. The price is trading below $3,550 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a break occurred below a short-term rising channel forming with support at $3,540. A break below the $3,485 and $3,450 support levels could gain downward momentum. Ethereum price adjustment profit Ethereum price is starting to rise quite a bit, above $3,500. ETH outperformed…
Chainalysis has released a preview of its 2024 State of Cryptocurrency Survey report, taking a closer look at how public sector employees around the world perceive blockchain technology and their ability to vet cryptocurrency asset activity. The report draws on responses from more than 800 public sector employees. Increasing adoption and new challenges By 2024, cryptocurrency adoption will continue to surge globally, allowing millions of people to trade without intermediaries and take greater control of their finances. However, this growth comes with challenges as criminals increasingly exploit cryptocurrencies for illicit activities. These range from cyber…
According to the latest cryptocurrency news, India’s Financial Intelligence Unit (FIU) has imposed a hefty fine of 188.2 million rupees ($2.25 million) on cryptocurrency exchange Binance. The penalty arises due to the exchange’s failure to comply with the country’s anti-currency policy. AML (laundering) regulations are an important component of the Prevention of Money Laundering Act, 2002 (PMLA). The decision, announced on June 19, 2024, highlights the growing scrutiny and regulatory pressure on cryptocurrency platforms operating within India.What is the case about?Binance, which operates as a virtual digital asset service provider, is classified as a reporting entity (RE) under Section 2(as)(vi)…
The U.S. spot Bitcoin exchange-traded fund (ETF) recorded net outflows for the fifth straight day on Thursday, taking $139.88 million out of funds.Grayscale’s GBTC led the way with daily net outflows of $53 million yesterday, followed by Fidelity’s FBTC with $51 million in outflows. data From SoSoValue. Bitwise’s BITB had a net outflow of $32 million, while VanEck’s ETF had a net outflow of $4 million. Invesco and Galaxy Digital’s funds recorded net outflows of $2 million.The only net inflow came from BlackRock’s IBIT, the largest spot Bitcoin ETF by net asset value. IBIT recorded net inflows of $1 million…