Day: February 23, 2022

Terra (LUNA), Quant (QNT) Pull Up As Avalanche (AVAX) Nosedives

This week’s negative trend has favored Terra (LUNA) and Quant (QNT). The cryptocurrency markets are still in the red in the last few days, as prices continue their downward trend. The good news is that some cryptos began to move in the right direction. Both Terra (LUNA) and Quant (QNT) were among the top gainers Tuesday, registering significant gains. LUNA is now up 14.87% and trading at $57.30, making it the major stock with the highest gains. Its price has fluctuated between $49.51 and $57.40 in the last 24 hours.…

Realm & Alkimi Exchange Team Up To Incentivize Advertising For Metaverse Users

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You might be able to own your own data in the metaverse, but ads will still be present thanks to a new partnership Realm has announced today with Alkimi Exchange. Realm said it’s working with Alkimi Exchange to create a fraud-free, transparent and sustainable advertising environment within its metaverse. It said the partnership promises to be mutually beneficial for both projects, because its core values are closely aligned with Alkimi’s mission to revive the exchange of value between users, publishers and advertisers. Realm is the creator of a unique, community-driven…

Japan’s Mitsubishi UFJ Financial Ends Blockchain Payment Network Plan

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

Ethereum Price Falls Amid Global Tensions

With the recent rise in tensions between NATO and Ukraine, ETH’s weekly losses have increased by 17%. Ethereum has been on quite the roller coaster ride over the last 24 hours, with prices dipping as low as $2500 before surging up to a local high of 2,653 USD. However, at press time, it is trading close to $2,636 – making its way back towards normalcy after this latest bout damped volatility in cryptocurrencies across all coins, including bitcoin & ethereum alike. Related Reading | TA: Ethereum Primed For Strong Recovery…

Brazil ’s Senate Committee Approves Bill To Regulate Cryptocurrencies. What Now?

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Who’s one step closer to regulating cryptocurrency use? Brazil is. The Senate Committee, more specifically The Committee on Economic Affairs, settled on a bill. Its aim is to regulate crypto transactions in Brazil. For the bill to become law, it has to be approved in the Senate plenary and then by the Chamber of Deputies. If it goes through those two hoops, the law goes into effect 180 days after publication. Related Reading | Stablecoin Supply Near $200 Billion, Faster Growth Than Rest of Crypto Even though regulation still seems…

ETHEREUM TEM POTENCIAL DE FLIPAR O BITCOIN | CAFÉ BITCÃO #295

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Luna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg – News Bitcoin News

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The Luna Foundation Guard (LFG) has raised $1 billion in a private token sale to allow the group to safeguard the peg of UST, Terra’s flagship stablecoin, against market instabilities. While the token has an algorithmic method to maintain its dollar value, this decentralized reserve — which will be stored in BTC — aims to allow the foundation to intervene if these methods prove to be insufficient. Luna Foundation Guard Introduces $1 Billion BTC Decentralized Reserve The Luna Foundation Guard (LFG), a nonprofit organization established in January with the objective…

Choosing the Best Way to Calculate Cost Basis on Crypto

The tax calculations required for cryptocurrency investments heighten your return’s complexity, and often lead taxpayers to make mistakes during the filing process. For crypto users who use multiple exchanges or wallets, understanding how the IRS treats cost basis assignment is important. Things can get confusing quickly. Miles Fuller is head of government solutions for TaxBit, a provider of tax and accounting services focused on digital assets. The IRS classifies cryptocurrency as virtual currency, which is property for tax purposes. This classification means the agency treats crypto as a capital asset…