The Spanish Ministry of Finance is implementing legislative reforms to increase monitoring of cryptocurrencies, enabling the seizure of digital assets to settle tax debts in accordance with EU regulations. The Spanish Ministry of Finance, under the leadership of María Jesús Montero, is taking important steps to strengthen control over cryptocurrencies in the country. The Department is actively working on legislative reform targeting general tax law, with a particular focus on Section 162. The goal of these reforms is to give the Spanish Revenue Authority the power to identify and seize cryptocurrency assets from taxpayers who owe unpaid taxes. The move…
Author: Crypto Flexs
Read More
Posted 1 minute ago In ~ Ethereum Name Service has partnered with domain registrar GoDaddy to allow users to connect their domain names to ENS, which aims to bridge the DNS protocol used by all traditional websites with blockchain-based names.This collaboration will bridge the gap between traditional DNS and blockchain technologies without requiring additional costs or technical expertise for users.Connecting your DNS with ENS will give GoDaddy’s more than 20 million users access to the benefits of the ENS blockchain infrastructure, such as receiving cryptocurrency payments.ENS is the most widely used naming protocol in cryptocurrency. This allows users to mirror…
According to CoinShares’ latest weekly report, cryptocurrency-related investment products saw a notable increase in inflows last week, totaling $708 million.This positive change reversed two consecutive weeks of outflows from the industry, bringing total year-to-date flows to an impressive $1.6 billion. Combined, global assets under management for these products have grown to $53 billion.“ETP trading volume decreased to $8.2 billion compared to last week’s total of $10.6 billion, but remains well above the 2023 weekly average of $1.5 billion. This volume represents 29% of all Bitcoin transactions on trusted exchanges. accounts,” added CoinShares research director James Butterfill.Bitcoin rulesBitcoin experienced significant inflows…
Blockstream CEO Adam Back, a notable figure in the cryptocurrency space, recently highlighted the possibility of Bitcoin rising to $100,000 through a compelling visual analogy. Halving Bitcoin to $100,000 Baek, who was recognized by Satoshi Nakamoto for his work on the Bitcoin white paper, posted an image of a car side mirror with the text “$100,000 BTC.”advertising With the caption “Laser beams to Bitcoin halving,” the post sparked a wave of optimism within the community. The mirror warning image suggests Bitcoin reaching $100,000 may be closer than it seems, a sentiment echoed by many people looking forward to the next…
A widely respected cryptocurrency analyst says altcoins are gearing up for their next big leap, predicting a massive rebound for one Chainlink (LINK) rival. Crypto strategist Michaël van de Poppe in a new thread says 692,000 followers on social media platform X, which could see the altcoin double in the coming months. Van de Poppe said the TOTAL3 chart, which tracks the total market capitalization of all cryptocurrencies except Bitcoin (BTC) and Ethereum (ETH), appears to be showing strength at around $450 billion. “Altcoins are gearing up for their next push and may double in the coming months. We have…
February 5 Bitfinex Alpha | Bitcoin miners are putting pressure on BTC. Posted at 14:58h On Bitfinex Alpha Maria Lobusova subscribeTo Bitfinex Alpha! Want to receive Alpha from Bitfinex every week? subscribe In this week’s OnChain report, we noted that much of the recent Bitcoin price decline, especially following the SEC’s approval of a spot Bitcoin ETF, can be attributed to selling by Bitcoin miners who took advantage of BTC’s surge. Has confirmed. It is a catalyst for exiting or leveraging a position. In particular, miners are considering selling considering the upcoming halving this year, which will reduce BTC rewards…
Posted 1 minute ago In ~ Prosecutors said Monday that they had arrested and detained three executives of cryptocurrency yield platform Haru Invest, including two co-CEOs. Seoul prosecutors have charged three people with stealing about 1.1 trillion won worth of cryptocurrency from about 16,000 users, an official at the Seoul Southern District Prosecutors’ Office told The Block. One day, he was accused of investing most of his customers’ deposits through one individual while falsely advertising that the deposits were managed using ‘risk-free diversified investment techniques.’ Haru Invest offer Earn Plus products offer returns of up to 12% to users.Local authorities…
We’ve all been pretty busy with everything! I will try to keep this post out there. In the meantime, be sure to check out Ben Edgington’s article. What’s new in Eth2 to solve your problem. tuning Heavenly Virtual Summit This Thursday and Friday! It’s 100% full of excellent eth2 content. free. We would like to thank all the organizers for their hard work in transitioning online. I’m really excited 🙂 tl;dr Double Bounty Reward start today All rewards are Phase 0 pre-launch bounty program It’s doubling. Up to $20,000 for serious bugs! This program is designed to provide incentives. you…
Ethereum price is consolidating above $2,250. ETH could begin a significant rally if it clears the $2,340 and $2,380 resistance levels. Ethereum is struggling to gain speed above the $2,350 area. The price is trading above $2,300 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a short-term rising channel forming with resistance near $2,350. A break above the $2,350 resistance could start a new rally. Ethereum Price Eyes Fresh Increase Ethereum price remained in a range below the $2,350 resistance zone. ETH was trading lower below $2,320, but bulls were active near…
Singapore, Singapore, February 6, 2024, Chainwire Lista DAO, a key player in decentralized finance (DeFi) specializing in Collateralized Debt (CDP) and liquid staking, is set to captivate the cryptocurrency community with the unveiling of the Cosmic Adventure Challenge (CAC) and introduction of lisBNB. CAC promises to be an immersive and rewarding experience, giving participants the opportunity to earn Stardust and secure a portion of the highly anticipated LISTA airdrop. At the same time, lisBNB, a tokenized version of staked BNB, is positioned to revolutionize DeFi strategies within the Lista DAO ecosystem. Space Adventure Challenge (CAC) Overview Lista’s flagship points system…