Author: Crypto Flexs

UK tax authorities have launched a new voluntary disclosure process for people with unreported cryptocurrency profits. HM Revenue and Customs wants the public to report profits from cryptocurrency exchange tokens, non-fungible tokens (NFTs) and utility tokens, following recent moves to crack down on corporate tax evaders. This disclosure follows a previous program to disclose non-cryptocurrency taxes in the UK. The UK government previously estimated that between 55% and 95% of cryptocurrency holders may be breaking tax laws. Cryptocurrency Taxpayers Should Seek Advice Some advisers say taxpayers should get advice before using the disclosure system. Due to the complex nature of…

On November 30, 2023, at its headquarters in Purchas, NY, Mastercard’s Dynamic Yield launched Shopping Muse, a groundbreaking product in the retail industry. Shopping Muse, this advanced generative AI tool, redefines the way consumers engage with online retail platforms, delivering personalized shopping experiences. Shopping Muse is designed to recreate the human touch in retail by translating colloquial language into specific product recommendations. The tool can explore a variety of search terms, from trendy aesthetics to specific dress codes like ‘cottagecore’ or ‘beach formal.’ Leveraging Dynamic Yield’s deep personalization technology, we combine contextual and behavioral insights to suggest products tailored to…

fintech Why FinTechs Choose Blockchain: 87.7% Annual Growth Rate Doesn’t Lie The fintech space is undergoing a significant shift towards decentralization, and the fintech blockchain market is expected to grow 87.7% by 2030. , and Lana Sparrow November 30, 2023 paid member public

MicroStrategy, known as the largest corporate holder of Bitcoin (BTC), has expanded its holdings again. As revealed yesterday, the company purchased approximately 16,130 BTC (worth approximately $608 million at current market rates) in November. The acquisition occurred at an average price of approximately $36,785 per Bitcoin, bringing MicroStrategy’s total holdings to 174,530 BTC. The Michael Saylor-led software company also disclosed plans to potentially raise $750 million through a Class A common stock offering. Partners in this venture include Cowen and Company, Canaccord Genuity, and BTIG. However, the announcement sparked speculation on various social media platforms, suggesting that MicroStrategy may be…

$AIMEME Surges: LBank Achieves 1542% Growth in 30 Minutes After Listing – Chainwire housenewsroom$AIMEME surges: 1542% growth achieved in 30 minutes after LBank listing We use cookies to make Chainwire’s website a better experience. 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 expressly 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…

“Mr. Ronaldo’s promotions were posted on public websites, television, and social media accounts accessible to Plaintiffs throughout the country, including in Florida,” the lawsuit states. “On information and belief, Mr. Ronaldo received a significant total compensation package in return for his services, including compensation in the form of digital assets transferred through the Binance platform.”

Ethereum (ETH), the world’s second largest cryptocurrency, is showing strong momentum as its price rises again, regaining levels above $2,000. This bullish trend is gaining traction coinciding with significant developments from the U.S. Securities and Exchange Commission (SEC). Regulators are engaged in discussions regarding the potential approval of a spot Ethereum exchange-traded fund (ETF). This pivotal development has injected optimism into the Ethereum market as the prospect of ETFs opens new possibilities for mainstream adoption and investment, further fueling the current upward trajectory of Ether’s value. Ethereum’s Ascending Triangle: Potential for a Bullish Breakout For several months, the price of…

Bitcoin (BTC) hit $39,000 on December 1 for the first time since mid-2022 as the U.S. Federal Reserve (Fed) raised hopes of policy easing.BTC/USD 1-hour chart. Source: TradingViewPowell: It would be “premature” to call the hike overData from Cointelegraph Markets Pro and TradingView confirms a new 19-month BTC price high of $39,000 on Bitstamp.Bitcoin bulls, already in a strong position, defied resistance as Federal Reserve Chairman Jerome Powell took the stage at Spelman College in Atlanta, Georgia for a scheduled appearance.“The FOMC is committed to reducing inflation to 2% over time and maintaining policy limits until we are confident that…

BIP32 BIP32 is a standard for hierarchical deterministic (HD) wallets for Bitcoin.This means that it’s a way to generate a hierarchical, tree-like account structure of private and public keys, starting from a single “seed” key (or master private key). The advantage of using an HD wallet is that it allows you to generate a large number of separate accounts within a single wallet, and it’s easier to backup and restore your wallet. There is an improved version of this proposal, BIP44, that supports keys for multiple cryptocurrencies. BIP39 BIP39 is a standard for a mnemonic phrase (more widely known as…

Is 2021 the year of memecoins? Of course, this is not the first year that this type of cryptocurrency was created, but many believe that this is the year that this coin took a big step forward. For example, dogecoin has made trading headlines more than once over the past 12 months, and not just because Elon Musk happened to mention it on his wildly popular weekly comedy sketch show. Now, Shiba Inu (SHIB) seems to be having its moment, with the price of the cryptocurrency surging around 30% after Coinbase Pro announced that the cryptocurrency would be listed on…