Author: Crypto Flexs

In recent on-chain data from Spot On Chain, the Ethereum whale is appears It has engaged in significant accumulation activity, generating interest and speculation within the ETH community. According to the platform, the whale address in question has purchased a total of 64,501 ETH over the past three days, which is worth about $187 million at current market prices. Ethereum Whale Accumulation Spot On Chain reported earlier today that whales acquired approximately 13,526 ETH at an average price of $2,947 per ETH. Valued at over $39 million, this accumulation adds to the whale’s already significant holdings, suggesting optimism about Ethereum’s…

Blockchain information provider Crystal has appointed former Ripple executive Navin Gupta as its new CEO. Gupta plans to expand Crystal’s compliance and monitoring tools for cryptocurrency assets as adoption grows. Blockchain intelligence company Crystal has appointed Navin Gupta, formerly of Ripple (XRP), as its new CEO. Gupta succeeds Marina Khaustova, who assumes the role of Chief Operating Officer of Crystal. Gupta joined Ripple to lead the blockchain company’s growth initiatives in the Middle East, Africa, and South Asia markets. With his experience at banking giants HSBC and Citibank and co-founding a commercial transportation technology startup, he is well placed to…

Animoca Brands announced that its subsidiary SPORTSPASS has partnered with Euroleague Basketball. The partnership aims to enhance the gaming experience and provide better fan engagement for the Gen Z fan base. This is a pivotal moment for Euroleague Basketball as it attempts to expand the gamification of its portfolio. They jointly aim to strengthen the digital ecosystem with innovative elements. This entails aspects of in-game collectibles, rewards, and experiences, to name a few. Animoca Brands is bridging the gap between the thrill of sports and culture in the digital realm. Euroleague Basketball has relied on gamification for its development. This…

Binance has limited the selling price of Tether (USDT) on its P2P trading platform to comply with local authorities in Nigeria. Cryptocurrency exchange Binance has limited the selling price of USDT on its P2P platform to comply with demands from Nigerian authorities amid concerns over the depreciation of the Nigerian currency. We are committed to providing a market-driven platform for our users and working with local authorities and regulators.Read more 👉 https://t.co/d0dgnyAa5a pic.twitter.com/fHAm9gsm2V — Binance Africa (@BinanceAfrica) February 20, 2024 Nigerian government fears devaluation of naira Cryptocurrency exchange Binance has placed limits on the selling price of USDT tokens on…

Over the past decade, Coinbase has attracted millions of cryptocurrency traders and has grown to become the largest cryptocurrency exchange in the United States. Despite its solid reputation, Coinbase has not escaped scrutiny and skepticism. This phenomenon has become more severe over the past two years, with cryptocurrency prices rising and falling sharply in a short period of time. However, what became a hot topic was the sudden collapse of FTX, the world’s largest cryptocurrency exchange. Nonetheless, he is still an influential figure in the market. True believers value cryptocurrencies despite their lack of certainty as an inflation hedge. The…

Posted 1 minute ago In ~ Gauntlet, a project specializing in DeFi risk management, is ending its relationship with lending platform Aave after four years of collaboration.Gauntlet co-founder John Morrow wrote: post On the Aave forums, the company said it “can no longer continue our work with Aave.” “We will terminate the payment stream as quickly as possible and work with other contributors to find a replacement for the risk manager,” Morrow said, adding that Gauntlet has experienced “inconsistent guidance and unwritten guidance over the past year.” “I had a hard time navigating it,” he added. Goals of the largest…

SatoshiSwap.AI Launches World’s First Bitcoin DEX – Chainwire housenewsroomSatoshiSwap.AI launches the world’s first Bitcoin DEX We use cookies to make your experience on Chainwire’s website better. Cookies help us give you 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 a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access is necessary for the legitimate purpose of storing…

In a recent analysis, S&P Global Ratings highlighted that the possible approval of a spot Ethereum (ETH) exchange-traded fund (ETF) with a staking scheme could amplify concentration risks within the Ethereum network.According to reports, the SEC may approve the ETH ETF as early as May. However, the entry of ETFs could significantly shake up Ethereum’s balance of validator power, presenting new challenges and opportunities as financial heavyweights compete for a stake in this emerging sector.The SEC has until May 23 to decide on VanEck’s application, and could rule on other ETH ETF applications by that deadline.concentration riskArk Invest and Franklin…

Lost money to a crypto or trading scam? Read this first: UK BASED – If your losses exceed £10,000 then Wealth Recovery Solicitors might be able to help. WRS is partnered with the National Crime Agency and has helped dozens of clients retrieve substantial sums. >> VISIT WRS USA/AUSTRALIA/CANADA – If your losses exceed $10,500 then contact Cybertrace. Cybertrace are a team of investigators specialising in cryptocurrency scams and tracing using custom AI tools. >> VISIT CYBERTRACEpress releaseCryptovsummit, an event hosted by DoubleMorgan and led by founder Mena Botros, has become a cornerstone of the cryptocurrency industry, especially in the…

introduction:Cryptocurrency investments can be lucrative, but they come with a number of complex tax implications. As digital assets continue to gain mainstream acceptance, governments around the world have turned their attention to establishing tax regulations in the cryptocurrency space. It is essential for all cryptocurrency investors to be familiar with these rules to avoid potential pitfalls and stay in the good graces of tax authorities.In this comprehensive guide, we explore the nuances of cryptocurrency taxation, including tax brackets, reporting requirements, and helpful tips to help you navigate the often confusing cryptocurrency tax landscape. By completing this training article, you will…