Ethereum Dencun Upgrade Goes Live on Mainnet
Ethereum Dencun Upgrade, expected to substantially improve Ethereum’s scalability and substantially reduce network transaction fees of layer-2 networks, has officially gone live on March 13, 13:55 UTC. Although the Dencun upgrade represents progress, it does not address every limitation of layer-2 solutions, according to Arthur Breitman, co-founder of the Tezos blockchain. He communicated with Cointelegraph: […]
India Fast-Tracks Stock Settlements to Deter Crypto Shift
Since 2021, all stock transactions on the Indian stock market have been closed the day after, according to a T+1 settlement cycle. India is poised to implement an expedited trade settlement mechanism for its stock market shortly, with the aim of enhancing competitiveness in the face of an increasing affinity among investors towards cryptocurrency exchanges. […]
Coinbase (COIN) Target Price Increased to $300
JMP Securities forecasts $220 billion in inflows into spot Bitcoin ETFs, which raises the target price of Coinbase to $300. Coinbase shares have staged a phenomenal ascent amid a euphoric cryptocurrency and Bitcoin market. In the wake of Goldman Sachs and other prominent financial institutions, JMP Securities, an investment banking and asset management firm, has […]
Thailand Grants Tax Exemption to Investment Token Holders
To encourage the use of investment tokens for fundraising, Thailand’s government has authorized tax exemptions for holders of such tokens. The Bangkok Post, a local news outlet, reported on March 13 that the Thai cabinet had granted investment token holders tax exemptions. Individuals who earned a profit from holding investment tokens and deducted 15% withholding […]
BlackRock, Fidelity Bitcoin ETF Rise Amid Record $1.05 Bln Inflow
BlackRock, Fidelity, and other Bitcoin ETFs saw big gains in the pre-market session after recording massive $1.05 million inflows. BlackRock’s IBIT and Fidelity Wise’s FBTC, both prominent Spot Bitcoin ETFs, soared significantly in pre-market trading today, after a substantial inflow of funds on Tuesday. Their primary rivals, such as Grayscale’s GBTC, VanEck’s HODL, and Valkyrie’s […]