Crypto trader AIgod doubles portfolio betting against Jim Cramer
Twitter-famous cryptocurrency trader AIgod Cramer had doubled his “Inverse Cramer” portfolio in only one month by “simply” inverse trading against CNBC’s Mad Money host Jim Cramer. The trader, who gained notoriety on Twitter for predicting Terra Luna’s collapse earlier this year, stated in his most recent post on August 22 that he had just switched […]
Paypal joins TRUST network
In order to comply with the digital assets “travel rule“, financial payment company Paypal has stepped up its regulatory compliance by joining the Travel Rule Universal Solution Technology (TRUST). With the addition of the crypto-friendly digital payments behemoth Paypal to the Travel Rule Universal Solution Technology (TRUST) network, a number of well-known crypto companies have […]
Bitcoin’s Inflation continues until it hits 1B wallets: Scaramucci
Before Bitcoin can function as an inflation hedge, according to the CEO of Skybridge Capital, it has to be much more widely used. Although Bitcoin remains a desirable asset, according to Anthony Scaramucci, CEO of Skybridge Capital, it has not yet attained the “wallet bandwidth” necessary to qualify as an inflation hedge. The CEO of […]
South Korea Considers a Gift Tax on Crypto Airdrops
Due to a lack of legal framework and investor protection safeguards, South Korea has repeatedly delayed the implementation of its cryptocurrency Gift Tax. Despite the suspension of the cryptocurrency gains fee until 2025, the South Korean Ministry of Strategy and Finance said on Monday that hard forked tokens, staking incentives, and airdrops of virtual assets […]