This episode is sponsored by Kava.Today's Stories:Excessive Volatility Hindering Further Mainstream Adoption of Bitcoin, JPMorgan SaysStock Futures Waver on Final Day of Tumultuous Month - WSJBitcoin's Put-Call Ratio Hits 6-Month High as Negativity RulesMorgan Stanley Says Bitcoin's 50% Correction Is Nothing NewU.S. Treasury yield curve to flatten, possibly...
“People are self-organizing into groups of things that they want to do,” says Rafa. “People have realized, 'Oh shoot, I can just do interesting work, and people give me money?'” Before helping to launch Mirror DAO (a Web 3 publishing platform), Rafa studied organizational behavior for years. He...
Arcade says it currently has more than $15 million locked up in blue chip NFTs and $6 million in loan volume, with average loans being around $350,000, a representative told CoinDesk. (Blue chip NFTs are considered to be those among the highest valued in the market, like Bored...
Fiat-backed stablecoins, for instance, are popular because they are as stable as the U.S. dollar (USD) or other widely accepted currencies. However, linking crypto to a federal currency makes fiat-backed cryptos a target for governmental regulation and overall more centralized – a certain trade-off when compared with algorithmic...
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Thailand has axed plans to levy a 15% withholding tax on cryptocurrency transactions following pushback from the country's crypto traders.Earned income on crypto trading or mining can be reported as capital gains on income taxes, tax officials said on Monday, according to a Financial Times report. The new...
Analysts at the bank say Bitcoin has corrected by 50% or higher on 15 occasions since 2009. They say a breakdown to $28,000 is possible as this is 2021’s floor, while $45,000 remains a crucial resistance zone. Bitcoin’s bounce from recent lows could be hindered if the flagship cryptocurrency...
Finally, staking pools include fees. Currently, the top pool, Goat Stake, will charge a 2.5% tax on rewards earned. You will also be affected by the fixed cost that is applied to all Cardano pools once a pool produces a block. Currently, the fixed cost is 340 ADA...
Over the last few months, many of the cryptocurrencies have been bearish, with major ones like Bitcoin and Ethereum also nosedive. At the time of writing, Ripple price was had dropped by about 5.27% with a hitting a high of $0.6185 and a low of $0.5828 in the...
Medvedev is a former Russian president and prime minister and currently the Deputy Chair of the Security Country. Russia’s intention to ban cryptocurrencies has elicited reactions from across the board, with many other people voicing opposition to the move for various reasons. Former Russian president Dmitry Medvedev, who also...