XRP Institutional Buying Rises 266% Amid Ripple vs. SEC Appeal
As the US SEC and Ripple prepare to appeal the XRP lawsuit, institutional investors upped their buying by 266%. XRP experienced a significant surge in institutional buying as the legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) advanced to the Second Circuit Court of Appeals. Following Ripple’s recent victory in a […]
Mike Novogratz’s Galaxy Digital Buys 500 BTC, Sells Ether Amid Uptober Buzz
Mike Novogratz’s Galaxy Digital buys massive amounts of Bitcoin (BTC), dumping Ethereum (ETH) amid the uptober market buzz. Mike Novogratz’s Galaxy Digital made waves in the crypto market on Monday by moving large amounts of Bitcoin and Ethereum. On-chain data reveals that the digital asset financial services firm transferred over 500 BTC and 7,000 ETH between cryptocurrency exchanges, […]
BlackRock & Metaplanet Buy Bitcoin Dips Amid Crypto Market Downturn
BlackRock and Metaplanet buy Bitcoin dips, capitalizing on current volatile market conditions as retail investors panic. The recent drop in Bitcoin’s price below $60,000 has caused concern in the market, leading to over $53 million in long liquidations over the past 24 hours. Despite the volatility, major players like BlackRock and Metaplanet have continued to buy […]
Justin Sun Elected as Prime Minister of Liberland Micronation
Liberland was established on April 13, 2015, by Czech libertarian politician Vít Jedlička in a region between Croatia and Serbia. Tron founder Justin Sun has been elected Prime Minister of Liberland, a micronation between Croatia and Serbia, following the nation’s October 5 elections. In addition to Sun, Liberland announced that entrepreneur Evan Luthra, journalist Jillian […]
US IRS Hit with Lawsuit Over New Crypto Staking Tax Policy
Josh Jarrett questions the US IRS’s tax policy for crypto staking rewards, suggesting they should be taxed only upon sale, not receipt. The U.S. Internal Revenue Service (IRS) is once again facing legal action concerning its policy on taxing cryptocurrency staking rewards. On October 10, 2024, Josh Jarrett, supported by Coin Center, filed a new lawsuit challenging […]