South Korea's Crypto Tax Pushback: Considering 3-Year Delay Until 2028
Jul 15, 2024 09:45 am UTC| Digital Currency Technology
South Korea is deliberating a three-year postponement of its cryptocurrency tax, potentially moving the start date to January 2028 as the government responds to investor dissatisfaction and market instability. Debate on...
Australia's Crypto Crime Surge Spurs Tightened Regulations Amid Rising Illicit Activities
Jul 15, 2024 08:40 am UTC| Digital Currency Technology
A recent AUSTRAC report highlights a surge in crypto crimes, urging Australia to tighten regulations to curb illegal activities. AUSTRACs Latest Findings The most recent money laundering report from the Australian...
Bitcoin Analysts Say the Worst Is Over, BTC Surges Past $62K
Jul 15, 2024 08:06 am UTC| Digital Currency Technology
Bitcoin has rebounded above $62,000, with analysts suggesting the worst of the selling is likely behind us, marking a potential shift in the market. Market Impact Eases as Mt. Gox and German Sales Priced In The worst...
Bitcoin Whales Acquire $4.3B in BTC Amid Market Decline, Signaling Potential Bottom
Jul 15, 2024 06:06 am UTC| Market Moving News Market Roundups Digital Currency Technology
Bitcoin whales took advantage of the recent market decline, amassing 71,000 BTC valued at $4.3 billion at the fastest rate since April 2023. This accumulation occurred as Bitcoin retraced to $54,200, indicating a potential...
Pepe and Dogwifhat Poised to Lead Next Meme Coin Surge
Jul 15, 2024 02:55 am UTC| Digital Currency Technology
Pepe and Dogwifhat are associated with meme coins, which adds an intriguing new dimension to their digital legacy. Both individuals have been prominent personalities in the culture of online memes. The cryptocurrency...
Chainlink Whale Accumulation Sparks Potential for Major Price Reversal
Jul 15, 2024 02:42 am UTC| Digital Currency Technology
The cryptocurrency market is exhibiting signs of positive momentum, with Bitcoin consistently seeking to recapture the $60,000 level where it was previously trading. Yesterday, the German government decided to liquidate...
Philippines Charges Two Russians in $6.2 Million XRP Cryptocurrency Theft
Jul 15, 2024 02:30 am UTC| Digital Currency Technology
The Department of Justice (DOJ) of the Philippines has charged two Russian citizens with stealing XRP cryptocurrency from a local cryptocurrency exchange. The theft is worth PHP340 million ($6.2 million). To commit the...
U.S. payrolls exceeded expectations significantly, while the unemployment rate dropps to 4.1%.