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Crypto Business News
Brazil’s new tax law targets offshore cryptocurrency profits, with a 15% levy from 2024
Brazil is introducing new legislation to tax foreign cryptocurrency assets for its citizens, imposing a 15% tax from 2024 and aiming to generate $4 billion in taxes by then.The bill has sparked…
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How high can bonk prices be? Solana Meme Coin Pumps Additional 30% as Analysts Support This Token…
Bonk, a Solana-based meme coin, has seen massive gains this week, surging more than 150% this week and 110% today, and now has a market cap of $1.8 billion.Meanwhile, analysts are backing the newly…
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SafeMoon Declares Bankruptcy: Cryptocurrency Prices Plunge
SafemoonThe once-hyped cryptocurrency suffered a major decline when it officially declared bankruptcy, shocking the entire market. Over the past week, SafeMoon's price has decreased by 18% over time,…
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Has the Nirvana financial attack been resolved? Security engineer pleads guilty in $12 million…
It looks like another hack is shaking up the cryptocurrency industry. But this time, the perpetrator is the owner. Shakeeb Ahmed, a former security engineer at an international technology company,…
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Bitcoin ETF Re-evaluated: Gensler’s Approach to SEC Update
Chairman of the U.S. Securities and Exchange Commission (SEC) Gary Gensler We are considering a potential paradigm shift in our approach to discovering Bitcoin exchange-traded funds (ETFs). Gensler…
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This breakout takes HBAR price to $0.10 in a crazy bull market!
Ranked highest on the list of top altcoins with the highest gains today, HBAR price is entering a rapid recovery rally. Extending the Uptober rally to reach new heights, the bulls break through…
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Matrixport report predicts ‘cryptocurrency price rise in 2024’ regardless of spot Bitcoin ETF…
In a recent report from financial services company Matrixport, senior analyst Markus Thielen suggested that Bitcoin could experience significant growth in 2024 even if a spot ETF is not approved. The…
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Expert Predictions Memeinator and Grok
2023 may be remembered as the year of the meme coin. With a constant supply of new meme coins hitting the market almost every week, what started out as a mild fad with Dogecoin a decade ago has…
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Safemoon Files for Chapter 7 Bankruptcy on Fraud Charges
SafeMoon has officially filed for Chapter 7 bankruptcy protection. The move follows a wave of accusations surrounding fraud and mismanagement that have plagued the company since its inception.Why did…
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Ripple (XRP) Bulls On High Alert, Analysts Target $2 and Above BorroeFinancial Rally Is Coming
A target above $2.00 could spark an XRP rally, with analysts expecting more gains in the future. This means that XRP price could head towards the next resistance level, which is expected to be $0.94,…
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