Category Archives: Blockchain

South Korea to Postpone Crypto Tax Bill to 2027

South Korea to Postpone Crypto Tax Bill to 2027

South Korea has decided to delay the implementation of its 20% cryptocurrency tax, originally slated to take effect in 2025, until 2027. This decision follows a recent agreement between the government and the Democratic Party (DP) after a series of discussions. The delay reflects the government’s need for more preparation and institutional reforms before it […]

SBI VC Trade to Acquire Japan’s DMM Bitcoin Following May Hack

SBI VC Trade to Acquire Japan’s DMM Bitcoin Following May Hack

In a significant development within the cryptocurrency space, DMM Bitcoin, a Japanese crypto exchange, is ceasing efforts to relaunch its hacked platform and is instead moving forward with a sale of its assets to SBI VC Trade, a trading company owned by the SBI Group. The transaction, which is expected to be completed by March […]

Unlucky Gamblers Lose Big on $100K Bitcoin Bet

Unlucky Gamblers Lose Big on $100K Bitcoin Bet

Traders who placed large bets on Bitcoin breaching the $100,000 mark in November faced significant losses after the cryptocurrency failed to maintain its upward momentum. On November 22, Bitcoin surged to a record high of $99,655, pushing the chances of it surpassing the $100,000 threshold to 91% on the Polymarket platform. However, Bitcoin soon began […]

XRP Surges 27%, Flips USDT and Solana to Become Third-Largest Cryptocurrency by Market Cap

XRP Surges 27%, Flips USDT and Solana to Become Third-Largest Cryptocurrency by Market Cap

XRP, the cryptocurrency developed by Ripple Labs Inc., has experienced a dramatic price surge, leading it to surpass Tether (USDT) and Solana (SOL) in market capitalization. According to CoinMarketCap data, XRP’s price has skyrocketed by 27.72% over the last seven days, moving from $1.80 to $2.30. In the past month alone, its price has surged […]

Michael Saylor Urges Microsoft to Buy Bitcoin Instead of Its Own Stock

Michael Saylor Urges Microsoft to Buy Bitcoin Instead of Its Own Stock1

Michael Saylor, the Executive Chairman of MicroStrategy, has made a bold suggestion to Microsoft’s board of executives, urging them to adopt Bitcoin as a strategic reserve rather than repurchasing their own stock. On December 1, Saylor presented his case to Microsoft, claiming that Bitcoin is not only a transformational digital asset but also a more […]

Robert Kiyosaki Predicts Bitcoin Price Could Drop to $60K, But Remains Optimistic Long-Term

Robert Kiyosaki Predicts Bitcoin Price Could Drop to $60K, But Remains Optimistic Long-Term

Robert Kiyosaki, the author of Rich Dad Poor Dad, has recently suggested that Bitcoin’s price could crash to around $60,000 in the near future as it struggles to break through the $100,000 milestone. Kiyosaki’s comments come amid growing market speculation regarding Bitcoin’s next major price movement. Despite this cautious outlook, Kiyosaki views any potential downturn […]

Crypto Market Update: JEFF and HUMAN Protocol Surge, Ethereum Struggles Below $3,700

Crypto Market Update JEFF and HUMAN Protocol Surge, Ethereum Struggles Below $3,700

In the past 24 hours, the cryptocurrency market has seen some notable price movements, particularly with JEFF and Human Protocol (HMT), while Ethereum (ETH) remains relatively stagnant below the $3,700 mark. JEFF Coin: A Meteoric Rise of 280% JEFF, a meme coin created to honor the founder of HyperliquidX (Jeff), has seen an incredible surge, […]

Theta Network’s Open Interest Hits New All-Time High Amid Price Surge

Theta Network's Open Interest Hits New All-Time High Amid Price Surge

Theta Network recently saw a significant surge in its price, hitting an eight-month high of $3.17 late Saturday. This rally was driven by a significant increase in derivatives trading. The open interest for Theta reached a new all-time high (ATH) of $84 million, marking a 77% rise in just one day, as per data from […]