Category: News
Latest crypto news. Do not miss what is happening in the cryptocurrency market.
Canada to Apply International Crypto-Asset Reporting Framework in 2 Years
Reading time: < 1 minuteThe 2024 annual budget supplement for Canada reveals plans for the country to adopt the international Crypto-Asset Reporting Framework (CARF) for taxation by 2026.
Bernstein Analysts Predict Bitcoin Will Reach 150,000 After Halving
Reading time: < 1 minuteAfter the upcoming halving, we can expect the Bitcoin rally to resume with a target price of $150,000.
Kraken Launches a Crypto Wallet
Reading time: < 1 minuteKraken, the second-largest cryptocurrency exchange in the United States, has launched its own wallet
Magic Eden Becomes Leading NFT Marketplace
Reading time: < 1 minuteIn March, Magic Eden, a popular Solana-based nonfungible token (NFT) marketplace, saw a significant increase in trading volume, surpassing the industry leader Blur.
Israel Central Bank: The Economy Will Benefit from CBDCs
Reading time: < 1 minuteBank of Israel deputy governor Andrew Abir challenged the traditional belief that central bank digital currency (CBDC) would have a negative impact on commercial banks.
Peter Schiff: Bitcoin Will Not Reach $100K
Reading time: < 1 minuteSome experts, like Peter Schiff, are skeptical of this prediction and do not believe BTC will reach $100,000, citing increased interest in treasury bonds and precious metals in the global market.
Grayscale’s GBTC Losses Half of its Assets
Reading time: < 1 minuteAfter converting to a spot ETF, Grayscale Investments’ GBTC Bitcoin fund experienced a significant decrease in its crypto assets, dropping by nearly half in just three months.
The UK Will Introduce a New Cryptocurrency Regulation in July
Reading time: < 1 minuteAccording to the Economic Secretary, Bim Afolami, the United Kingdom is making preparations to introduce new regulations for cryptocurrencies and stablecoins by the middle of 2024.
Bitfarms Increases its Bitcoin Hashrate to 7 EH/s
Reading time: < 1 minuteMining firm Bitfarms has significantly improved the network hashrate of the leading cryptocurrency by deploying 5,000 modern rigs across two facilities in Canada, bringing the total hashrate to 7 EH/s.
Hong Kong Crypto ETFs Will Find it Difficult to Attract $500M: Expert
Reading time: < 1 minuteAccording to well-known ETF analyst Eric Balchunas, three recently approved spot Bitcoin and Ether exchange-traded funds (ETFs) in Hong Kong may not have the huge impact that many people are anticipating.
