crypto news today

In Sweden, a significant development has occurred in the cryptocurrency mining sector. 21 Crypto mining firms are facing a substantial tax bill totaling $90 million (approximately 900 million SEK) following a meticulous audit by the Swedish Tax Agency. This audit scrutinized the tax reporting...

In April 2024, the Shiba Inu team achieved a remarkable milestone by raising $12 million through a token sale. This funding is earmarked for the development of Shibarium, a groundbreaking Layer-3 blockchain. Shibarium envisioned as a Layer-3 blockchain sitting atop the Ethereum network. Layer-3...

In June 2020, Ve Chain hovered around $0.004, and by April 2021, it was reached a new high of around $0.280, reflecting a roughly 6900% increase. Crypto experts thought that Ve Chain potentially setting the stage for continued bull run as so far it has crossed upper boundary level at $0.032...

Cryptocurrency crash In a sudden and sharp downturn, the cryptocurrency market lost over $400 billion in just two days, with Bitcoin (BTC) leading the charge by dropping $10,000. This drastic decrease not only impacted Bitcoin but also sent a ripple effect across other altcoins, which...

The Bitcoin mining community is facing a new challenge that could change its future in the United States. The White House has proposed a tax called the Digital Asset Mining Energy (DAME) tax, which would make it more expensive for companies to mine Bitcoin and other digital currencies. On...

Ve Chain (VET) investors have noticed a huge fluctuation in its price. During the last month, the price of Ve Chain went up and as usually down a lot. It started as low as $0.03673 and went as high as $0.05261. That means if you had bought Ve Chain at its lowest point and sold it at its highest...

Ripple, known for its XRP cryptocurrency and financial blockchain solutions, is gearing up to introduce a U.S. dollar-backed stablecoin. This move aims to shake up the stablecoin market dominated by giants like Tether (USDT) and USD Coin (USDC). The stablecoin serves multiple purposes. Firstly...

Solana based meme coin Dogwifhat continues its surge, reaching a new all-time high. This rally in meme coins might be a temporary trend within the broader crypto market.

Commodity Futures Trading Commission (CFTC) about Litecoin The Commodity Futures Trading Commission (CFTC), which is in charge of regulating markets for futures and derivatives in the United States, took legal action against Kucoin The reason for this lawsuit, Kucoin was offering its users the...

In today's world of computers and phones, crypto or other digital scams are getting smarter. One common trick is when people pretend to be police or government workers. These tricksters use different methods to scare and trick people into giving them important information or doing things that...

New crypto tax proposal make affect on your current crypto planning Cryptocurrency taxes in the US could soon change, affecting how people use digital money. The government wants to make crypto rules more like those for regular money. This could change how you manage your digital assets. Right...

Former cryptocurrency billionaire Sam Bankman-Fried is facing between 40 and 50 years in prison due to crypto scam In November 2023, Sam Bankman-Fried the CEO of FTX (cryptocurrency exchange), was found guilty of some really serious stuff. The charges against him was fraud, conspiracy, and...

The cryptocurrency market has witnessed a notable correction in the price of MATIC in recent days, the native asset of Polygon, the largest Ethereum scaling token. Despite positive indicators reflecting growth within the Polygon Network, MATIC's price has faced downward pressure, prompting...

Cryptocurrency funds are witnessing a record inflow, reaching a staggering $2.7 billion this week .This suggests growing investor confidence in the market. In recent times, there has been a remarkable surge in the attention of investors towards the cryptocurrency market. According to the latest...

Dogwifhat (WIF) experienced a massive 48% surge, reaching an all-time high of $2 Recently, there's been a big jump in the price of Dogwifhat (WIF), a type of digital money. On May 29th, 2024, the price went up by 48%! This increase made the value of WIF reach its highest point ever, which is $2...

In a recent turn of events, Meta Platforms, the parent company of social media giants Facebook and Instagram, has decided to put the brakes on its plans to integrate Non-Fungible Tokens (NFTs) into its platforms. This decision follows a trial phase where selected users were able to share and...

SEC gives the green light to a Bitcoin investment fund, is it a good sign for Crypto investment? In recent news, regulators have given the green light to a new form of cryptocurrency investment known as a Bitcoin exchange-traded fund (ETF). This approval has sparked hope among crypto companies...

OKX, which is the world's fourth-largest cryptocurrency exchange, has shared that it will remove certain crypto tokens on December 28th, 2023. The reason behind this decision is that these tokens don't meet OKX's listing criteria, which is based on user feedback and their own guidelines. The...

Youssof Altoukhi is an 18-year-old entrepreneur and investor in the cryptocurrency industry. He runs $YCO, a cryptocurrency that aims to make the voting system fair in the cryptocurrency world. He is also the CEO of Soceon, the first company to provide PR and social media services for...

Some people say cryptocurrencies are like a big guessing game, similar to the wild times of the dot-com era. They point out how the prices of these digital currencies go up and down a lot in a short time. These critics also say that most cryptocurrencies don't have any real value supporting...