The United Arab Emirates (UAE) has recently announced its major change, releasing a number of crypto-related activities from its 5% Value-Added Tax (VAT). This strategic move can play greatly in the world for the cryptocurrency market, especially placing the UAE as one of the front runners in virtual assets. VAT Exemption: A Game-Changer for the…
Especially, Sui (SUI) has attracted much attention recently and spiked almost 10% in a week. However, after recent price increases and rather active trade, bearish sentiment can be observed among merchants. Majority of Traders Bet Against SUI 71% of traders on the Binance exchange are currently shorting SUI against 29% who are longing for the…
There has been an increase in the cases of fraud in the space and the need for continuous efforts of regulations as Blockchain investigator, ZachXBT has helped to recover around $275,000 which was stolen in a social engineering crypto scam. Highlights: ZachXBT got back $275K from a Coinbase-related scam. According to Chainalysis, it revealed that…
But Crypto Twitter (CT) has evolved — or devolved, depending on how one sees it — as the veteran crypto trader, embedded in the community since 2017, puts it. Recently, this trader came to social media in disgruntle with the change of the platform that they labeled as a “cesspool of pseudo-intellectual edgy try-hards.” But…
Investment products for digital assets saw cash out last week reaching $147 million. Specific attention was paid to Bitcoin ETFs which observed $159 million of redemptions during the increase of tensions in the Middle East. Crypto Assets See Outflows Led by Bitcoin ETFs This $147 million fell out of the investment products in the cryptocurrency…
In the past 24 hours, both Mog Coin (MOG) and Popcat (POPCAT) have risen by more than 10% and have also seen significant adoption Crypto All-Stars (STARS) remains one of the most popular coins since its launch since its ICO has been completed, raising over $2 million. Mog Coin & Popcat Fuel the “Cat Coin”…
Instantly, Pepe Unchained (PEPU) has emerged as the foremost crypto investment as its presale has risen to $17.5 million because of huge whale pumping. This Layer 2 project, based on Pepe the Frog, has higher transaction throughput, happening at a faster speed for lower fees, and comes with features that are custom-made with meme coin…
The eagerly awaited X Empire Airdrop was planned to occur on the 15th of October, 2024, and the Token Generation Event (TGE) will bring a new XEMP Token to the market. Another new popular project of X Empire that has quickly earned its place in the crypto community is aimed at the convergence of the…
In the case of cryptocurrencies and blockchain – the UK is far from being a leader in financial innovation or even a liberal approach. Investors and startups are bogged down by inefficiencies in bureaucratic policies and procedures, high overheads, and silos. Stiff laws on taxation, market fluctuations, and bad publicity have put off investors. The…
This week, we expand more on Ethereum (ETH), Ripple (XRP), Cardano (ADA), Shiba Inu Token (SHIB), and Dogecoin (DOGE). Ethereum (ETH) Ethereum also had a tough week and ended down by 10% with the crypto market. The price briefly dipped below $2,400 and now is in the process of testing this level for support. If…
