Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Intel Markets, hailed as the future of crypto trading thanks to its AI integration, has become more compelling than Ethereum and Solana. The crypto market might be in its infant stage compared to traditional finance but isn’t short of potential. Beyond the seemingly overpriced Ethereum (ETH) and Solana (SOL), Intel Markets (INTL) is a promising player to watch out for. Brimming with potential, the viral AI crypto seeks to…
Day: October 7, 2024
United Arab Emirates (UAE) Exempts Crypto Transactions From Value Added Tax (VAT)
“The UAE has essentially classified virtual assets in the same bucket as traditional financial services – several of which are already exempt from VAT. This legitimizes VAs,” said Ankita Dhawan, a senior associate at Métis Institute, a dispute resolution think tank. Source
Telegram to Support TON-Based NFT Gifts Later This Year
The founder of Telegram has announced plans to support TON-based non-fungible token (NFT) gifts later this year. This new feature will allow users to convert limited-edition animated gifts into NFTs on the TON blockchain. These tokenized gifts can be displayed on user profiles or traded for Telegram’s in-app currency, Stars. Additionally, users will have the […] Source CryptoX Portal
Is Len Sassaman the Bitcoin Creator Satoshi Nakamoto? We Don’t Know, But Traders Are Betting on His Memes
“But I know if HBO releases a documenter and tells everyone that @lensassaman is satoshi, then every crypto mfers and every big media will say/write its name and talk about him,” said crypto X user @ariesyuangga. “If Len Sassaman is named as Satoshi Nakamoto this cat is going to fly,” said @dametime_tradez, another crypto X user. Source
Bitcoin (BTC), Asian Equities May Be Losing Capital to China Stocks
“The current surge in Chinese stocks, driven by the stimulus package and investor activity during the national holiday week, represents a calculated risk-reward trade for savvy investors. Even with a 3-5% cost to convert [stablecoin] USDT into equities, the potential upside of 50-70% makes this a strategic move,” Danny Chong, co-founder of multi-staking protocol and co-founder of Digital Assets Association Singapore, told CoinDesk in an email. Original
Long Positions Liquidated Lead To 16% Losses
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
What Is the Fantom Crypto Sonic Upgrade?
This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, which was originally published in Q1 2024, writer Gaz of Blocmates thoroughly examines Fantom’s major upgrade, named Sonic. For more Blocmates content, read crypto […] Source CryptoX Portal
Dogecoin (DOGE) Leaps Higher: Can The Momentum Last?
Dogecoin is recovering losses from the $0.1020 zone against the US Dollar. DOGE is now showing positive signs and might clear the $0.1165 resistance. DOGE price started a fresh increase above the $0.1100 resistance level. The price is trading above the $0.1120 level and the 100-hourly simple moving average. There was a break above a major bearish trend line with resistance at $0.1100 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could gain bullish momentum if it clears the $0.1165 and $0.1180 resistance levels.…
Bitcoin Nears $64K, “Memecoin Supercycle” Trends as MOG, POPCAT Surge
Memecoins have been one of the best-performing crypto sectors in the past year, buoyed by vibrant social communities and attention in the market. Original
Latam Insights: Bukele Offers Bitcoin Advice to Argentina, Uruguay Passes Crypto Law
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, El Salvador’s President Nayib Bukele meets with President Milei in Argentina, offering bitcoin advice to the Senate, and Uruguay passes a cryptocurrency law after over two years of discussion. Bukele and Milei Meet: […] Original