“I Won’t sell my Bitcoin, Ethereum, or Doge.” – Tesla CEO Elon Musk
Elon Musk, Tesla’s CEO, expressed his concern about the rising rate of inflation as a result of the escalating Russian-Ukraine crisis in a tweet on Monday. He would not, however, sell his Bitcoin, Ethereum, or Doge assets for what they are worth, despite rising inflation. Musk reiterates his bullish position on cryptocurrency, citing the crypto […]
207,000 Bitcoins Have Exited Exchanges From Late July Till Present
Despite the market’s current bearish trend, Bitcoin balances on leading exchanges continue to be a source of bullish expectations. According to Glassnode’s latest on-chain analysis, there have been large outflows of Bitcoin from the market, with the exception of a few exchanges. The Bitcoin exchange balances are edging closer to relative equilibrium. The market appeared to be […]
Singapore To Charge Income Tax On NFTs says, Minister
Finance Minister Lawrence Wong reportedly indicated on Friday that current income tax regulations in Singapore will apply to transactions involving non-fungible tokens (NFTs). However, the nature and use of the token will determine how they are used. Individuals who rely on NFT transactions or trading as a source of income will face deductions, according to […]
Terra set to become the world’s largest blockchain by staked value, and Ethereum 2.0 reached a milestone
Terra’s LUNA is one cryptocurrency that has mostly remained unaffected by the current cryptocurrency market slump. With the LUNA price creeping closer to $100, it has been able to maintain its position. Unlike the other top ten cryptocurrencies, LUNA is now trading in the positive territory at a price of $97.27. The achievement comes amid […]
Melania Trump Honors Women’s History Month With NFT Collection
The former First Lady of the United States, Melania Trump has announced the “Women’s History Month NFT Collection,” which she created in conjunction with artist Marc-Antoine Coulon to honor three qualities that women should strive for: strong, confident, and inspirational. Three self-portraits are included in each of the 3,000 editions. Each NFT is a watercolor picture […]