After the large spike in supplies held in miners’ wallets, the balance held in miner wallets has increased by about 6,474 bitcoins to about 1.826 million, as of Tuesday, versus 1.82 million in Dec. 31, Glassnode's data shows. Miners’ wallets may include other sources of bitcoin inflow, rather than just mined coins per day. Source link … [Read more...] about Bitcoin Miners Are Starting to ‘Hodl’ Again, but for How Long?
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Crypto Options Market Starting to Have Material Impact on Spot Market: QCP Capital
While a correlation between equities and crypto has become more apparent during the last year, Singapore’s QCP wrote that there is a limit to this correlation because of the increasing importance of the crypto options market.As the bitcoin and ether markets followed the bearish sentiment of the equities market as the week began, bitcoin and ether tumbled below $40,000 and … [Read more...] about Crypto Options Market Starting to Have Material Impact on Spot Market: QCP Capital
Korea to Tax Inherited, Gifted Crypto Starting Next Year: Report
While South Korea’s plan to tax income from virtual assets has been postponed until 2023, users will be required to pay a levy on inherited or donated crypto assets.Dec 31, 2021 at 12:50 p.m. UTCUpdated Dec 31, 2021 at 12:50 p.m. UTCSeoul, South Korea. (Ciaran O'Brien/Unsplash) Source link … [Read more...] about Korea to Tax Inherited, Gifted Crypto Starting Next Year: Report
Cardano sinks following eToro delisting, are the cracks starting to show?
Cardano (ADA) sunk to $1.58 on Wednesday, marking a 15 week low. This coincided with news that social trading exchange eToro intends to delist both ADA and TRX, for U.S users, in the coming weeks.Source: ADAUSD on TradingView.comIn the run-up to the release of Alonzo smart contracts, Cardano hit an all-time high of $3.10. But since then, despite wider market rallies, it has … [Read more...] about Cardano sinks following eToro delisting, are the cracks starting to show?
Startup Raises $1.5M to Make DAO Creation as Easy as Starting a Group Chat
Decentralized autonomous organizations (DAOs) have established themselves as a core part of Web 3, but could they have use cases outside of crypto? Some venture capital firms are betting they do.Squads, an application that can be used to create DAOs on the Solana blockchain, has raised a $1.5 million seed round, the company announced Wednesday.The round was led by … [Read more...] about Startup Raises $1.5M to Make DAO Creation as Easy as Starting a Group Chat