BTC

According to experts, the future is synonymous with DeFi and with the much-anticipated Bitcoin (BTC) halving ever-so-close, investing in decentralized projects now could yield a sizable return on your investment. As a result, seasoned traders have been monitoring Kelexo's (KLXO) gains even during the initial stages of its presale, specifically traders from the communities of THORChain (RUNE) and Fantom (FTM). THORChain (RUNE) Looking More Bearish By The Day THORChain (RUNE) was created by GitLab to make it simple for users…

The recent BTC halving sparked a significant shift in the cryptocurrency market, leaving many investors eager to bounce back. As the bull run of 2024 gains momentum, a select group of cryptocurrencies is poised to help enthusiasts regain their footing. This article uncovers five promising coins that stand out for their potential to recover losses and possibly turn a profit in the flourishing market climate. Dive in to discover which cryptocurrencies could be key to recouping investments in this exciting…

The post U.S. Senate Proposes 1% Tax On BTC Holdings Over $500K To Align Crypto With National Tax Regulations? appeared first on Coinpedia Fintech News The U.S. Senate on 21st April, Sunday, proposed a new tax regulation for the cryptocurrency industry. According to the new proposed regulation, individuals, trusts, and entities holding BTCs worth over $500,000 will be liable to pay 1% as tax. This move was initiated as part of a large effort made by the centralized body to…

After announcing in March its plans to include Bitcoin futures in its offerings, B3, a Brazilian stock exchange, has officially opened up trades, achieving a significant milestone on its very first day of trading Bitcoin futures.  B3 Bitcoin Futures Sees Surge In Demand Following its launch of Bitcoin futures on April 17, B3 experienced a massive wave of demand and interest from cryptocurrency enthusiasts eager to trade the newly listed Bitcoin futures. The stock exchange reported that on the debut…

With less than 1,660 blocks left to mine, the Bitcoin (BTC) halving event is upon us. According to CoinMarketCap, it is expected to happen around April 20th 2024. UNUS SED LEO (LEO) and Aptos (APT) holders are structuring their portfolios ahead of the event with the Fear and Greed Index registering 76. A UNUS SED LEO (LEO) whale recently made a huge investment into Kelexo (KLXO), sparking discussion in the crypto space. This new venture pioneers a new use case…

Bitcoin layer 2 solution tokens have demonstrated superior performance to BTC following the highly anticipated halving of the mining reward on the blockchain. Since the event, these tokens have surged by 5% to 20%, outpacing the top crypto by market cap. Stacks (STX) Takes Center Stage According to CoinGecko data, the market cap for Bitcoin layer 2 solutions is $4.3 billion, marking a 5.6% increase in the past 24 hours. Meanwhile, the trading volume is $184 million. Stacks (STX), a…

Grayscale introduces the Bitcoin Mini Trust ETF with a remarkably low fee of 0.15%. This strategic launch may influence the Bitcoin price trajectory, potentially driving it toward $80,000. In a recent update from Binance, it was revealed that Grayscale is launching a new investment vehicle, the Bitcoin Mini Trust ETF, boasting the lowest fee among spot Bitcoin ETFs at just 0.15%. This initiative is set to enhance Grayscale’s product offering by reallocating 10% of the assets from the existing Grayscale…

Bitcoin’s price has been consolidating over the last few weeks after a failure to break above the $75K mark. Yet, things might be about to change. Bitcoin Price Analysis: Technicals By TradingRage The Daily Chart On the daily chart, the price is still trapped between the $60K and $68K levels, failing to break out to either side. That said, during the past few days, the bulls have made considerable progress and have been able to push the BTC price closer…

Bitcoin’s price continues its gradual increase following the completion of the halving a few days ago by jumping above $66,000 for the first time in a week. The altcoins have followed suit with minor gains over the past day. Ethereum has reclaimed $3,200, while BNB is above $600 as of now. Bitcoin’s Recover Continues After the massacre from the previous weekend, BTC had started to reclaim some value over the business week, which culminated last Monday with a surge to…