April 20th is the celebrated day for Dogecoin enthusiasts globally, referred to as DOGE day or weed day. Notably, this year’s DOGE day followed closely after the fourth Bitcoin halving event. Let’s take a brief pause to celebrate the joy and memorable moments we’ve shared as a community, brought to us by the delightful world … Read more
This week becomes crucial in the Ripple vs. SEC lawsuit as Ripple Labs readies its opposition to the U.S. Securities and Exchange Commission’s proposal for remedies, which includes penalties amounting to almost $2 billion. The SEC has asked Judge Torres for a final judgment, while Ripple plans to file its sealed response on April 22. … Read more
After a Bitcoin halving, the price often decreases before or right after the event. The query now is: How long will it take for Bitcoin’s price to recover? The task of Bitcoin mining involves checking the legitimacy of transactions and recording them on the blockchain. Miners contribute significant computational power to ensure the security and … Read more
The IRS in the US has proposed a new tax form, called Form 1099-DA or “Digital Asset Income from Brokers,” for reporting cryptocurrency earnings. This draft is now available for feedback from concerned parties before its final version is released by the IRS. IRS Aims To Launch Crypto Tax Form By 2025 Starting from August … Read more
In an exciting development, Solana’s devshop Anza initiated a new update, version 1.18.11, for the devnet after encountering network congestion caused a significant issue for Solana. The initial attempt to upgrade devnet failed, so Anza tried again today to alleviate the ongoing network issues. According to a post by Solana core developer ‘starry,’ the second … Read more
The fourth Bitcoin halving has come to an end. Yet, the price of Bitcoin and the cryptocurrency market as a whole seem unfazed by the occurrence. However, Saga, a novel Layer 1 protocol for gaming, is generating buzz among investors with its ambition to transform blockchain scalability and interoperability. On April 5, 2022, the new … Read more
The increase in XRP‘s price has attracted investors once more, indicating a revived faith in cryptocurrencies. Remarkably, as the larger crypto market recovers after the Bitcoin Halving, XRP’s price rise has instilled hope among traders. At the same time, an influential expert’s optimistic viewpoint on XRP‘s superiority has sparked debates regarding a possible price surge, … Read more
Samson Mow, a Bitcoin industry veteran previously serving as CSO at Blockstream under Adam Back and now leading a Bitcoin adoption business (Jan3), took to Twitter and X to share the news: The long-awaited fourth Bitcoin halving has officially occurred. “Bitcoin quantitative hardening” is here The influencer, Mow, has labeled it as the “fourth form … Read more
Cardano, a prominent blockchain project renowned for its focus on scalability, interoperability, and sustainability, has reached an impressive achievement with its treasury totalling $1.5 billion. This substantial increase in funds underscores the rising trust and belief in the Cardano community. Notably, there is a forthcoming change in who gets to decide how these treasury resources … Read more
John Deaton, a well-respected attorney advocating for Ripple, has asked to join the legal team as a friend of the court in support of 4,701 Coinbase users involved in the ongoing dispute between Coinbase and the Securities and Exchange Commission (SEC). The request arises as Coinbase looks for legal guidance from the courts regarding whether … Read more