Spain Tightens Grip on Crypto Holders With New Reporting Rules
Anyone who has more than $55,000 in cryptocurrency must report their abroad holdings. A new tax requirement in the form of form 721 was unveiled by the Agencia Tributaria.Residents of…
Crypto Addresses Holding Dogecoin Hits 5 Million Milestone.
Fewer than 5,000 addresses own more than 80% of DOGE’s supply.Over 50% of Dogecoin investors are now sitting in a profitable position.Following data compiled by on-chain analytics company IntoTheBlock, the…
Cathie Wood Led Ark Invest Dumps $5.3M Worth Coinbase Shares.
Coinbase’s stock soared to an 18-month high after the recent Binance fiasco.The exchange’s stock has increased by 168% year-over-year.ARK Invest led by Cathie Wood is once again cashing in on…
eToro Secures FSP License from ADGM To Operate in UAE
It is a major step forward in eToro’s plan for international growth.eToro also intends to assist users in facilitating education in financial matters.The United Arab Emirates (UAE) has granted eToro…
Bitcoin Faces Severe Selling Pressure as Bulls Domination Fades.
At the time of writing, Bitcoin is trading at $36,908, down 1.56% in the last 24 hours.If the price manages to go above $37,810 then it will likely retest $38,260…
Here’s the New Crypto Network Used in Financing Hamas’ Fight Against Israel.
Between July 2021 and October 2023, Israel has frozen over 143 Tron wallets tied to terrorist groups. The Hamas terrorist organization has found a new cryptocurrency network to finance its…
Whales Buck the Trend: Ripple (XRP) Accumulation Signals Bullish Sentiment But Divergence Persists.
XRP whales have purchased around $6.82 million over the past week.XRP whales appear to be increasingly bullish on the crypto asset despite an underwhelming performance.The latest data by crypto analyst…
Circle Drives USDC Adoption in Japan with SBI Holdings.
Circle has partnered with SBI Holdings to drive the adoption of the USDC stablecoin and Web3.SBI Shinsei Bank, a subsidiary of SBI Holdings, will facilitate access to USDC in Japan.…
CoinGecko Acquires Zash to Integrate NFT Data Into its API
CoinGecko aims to integrate Zash’s NFT data into its API by Q2 2024, providing enterprise-grade, indexed NFT data from multiple blockchains. CoinGecko, a prominent independent cryptocurrency data aggregator, has recently…
Coinbase Stock Surges Amidst Spot Bitcoin Hopes and Binance Event
Coinbase stock price has reached its highest price since the middle of 2022.However, the current stock price is still much lower when compared to the 2021 range.Coinbase stock price has…