UAE Introduces Retroactive VAT Exemptions for Crypto Transactions
The United Arab Emirates has introduced VAT amendments that impact crypto transactions, redefining tax obligations for companies in the digital...
Bitcoin
US Targets Lazarus Group and APT38 in $879M Crypto Forfeiture Complaint
Offshore Alert reporter David Marchant disclosed the United States has initiated two forfeiture complaints related to previously confiscated bitcoin (BTC)...
Goldman Sachs Raises Gold Forecast to $2,900 by 2025
In early September, analysts from the financial powerhouse Goldman Sachs projected that the price of gold would hit $2,700 per...
Bitcoin Transfer Volumes Soar in 2024, Set to Break 2023’s Record in 2 Weeks
According to recent data, the five busiest days for bitcoin transfers on the network occurred in 2024. The all-time peak...
Blake3 Now Most Profitable PoW Algorithm for Crypto Miners, KAS Slips in Rankings
In July, the proof-of-work (PoW) crypto mining algorithm Kheavyhash, used by the kaspa (KAS) crypto asset, held the top spot...
Down from the Peaks: Bitcoin Nears Record High While Altcoins Face Uphill Battle
As of today, Oct. 6, 2024, the countdown to the end of the year continues, with just 87 days left....
BitGo’s WBTC Retains Over 65% Market Dominance Despite Criticism of Custody Model: Report
Wrapped Bitcoin (WBTC), a wrapped version of Bitcoin developed by BitGo, Kyber Network, and Ren, continues to dominate the tokenized...
US Spot ETFs Hold 4.6% Of Bitcoin Supply – Is BTC Institutional Demand Growing?
Bitcoin and the entire crypto market find themselves at a pivotal moment following several weeks of fluctuating price action. As...
$68K Target in Sight After Extended Pause, Here’s What’s Next
Currently, Bitcoin is moving within a large descending broadening wedge pattern, often signaling bearish momentum. However, recent oversold signals suggest...
Nigeria’s Oil-for-Naira Program, Blackrock’s New Stablecoin, and More — Week in Review
Nigeria introduced an “oil-for-naira” program by selling crude oil to Aliko Dangote’s refinery in a bid to stabilize the weakening...
Coinbase to Delist USDT in Europe Amid New EU Regulations
Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European Union’s Markets...
AI Powerhouse Openai Raises $6.6B Achieving a $157B Valuation
AI startup Openai reported closing a funding round led by Thrive Capital and the participation of other tech companies like...
DMCC and CVVC Partner to Drive Web3 Innovation
The Dubai Multi Commodities Centre (DMCC) Crypto Centre and the Swiss early-stage blockchain venture capital firm CVVC have partnered to...
Wealthiest Man in Argentina Praises Bitcoin’s Strength Against Government Intervention
Marcos Galperin, founder and CEO of Latin America’s e-commerce and financial services giant Mercado Libre, shared his perspective on bitcoin...
Crypto Ponzi Scheme Leader Sentenced to 10 Years by U.S. Court
David Carmona, founder of the cryptocurrency Ponzi scheme IcomTech, has received a 10-year prison sentence following a court ruling in...
Expert Predicts Bitcoin Will Surpass $300,000 with Next Major Print; Timeline Deets Inside
Lawrence Lepard, Managing Partner at Equity Management Associates, shared his views on the future of gold and Bitcoin amidst potential...
Last Week Featured Bullish Continuation
This editorial is from last week’s newsletter, Week in Review, with some slight tweaks to dates so the article makes...
Spellborne’s Side Quests Take Center Stage
Having completed the main quests of Season 1, Regina returns to the captivating world of Spellborne to tackle the latest...
Peter Schiff: Phony Economy Must Die or US Risks Financial Ruin
Economist Peter Schiff has warned that restoring a real economy requires letting the “phony economy” collapse, which would result in...
Crypto Ponzi Leader Receives 121-Month Prison Sentence
David Carmona, founder of the Icomtech cryptocurrency Ponzi scheme, has been sentenced to over 10 years in prison for defrauding...
Paypal Completes First Corporate Transaction Using PYUSD Stablecoin
Paypal has made a significant step in corporate payments by completing its first transaction using its stablecoin Paypal USD (PYUSD)....
Bitcoin Set To Rally As Analysts Back 25 Bps Cut By Fed
The price of Bitcoin (BTC) experienced a steep decline in the past week, falling as low as $60,000 based on...
