Crypto

Canada announces plans to adopt the International Crypto-Asset Reporting Framework (CARF) by 2026, leading the charge in global crypto tax regulation with stringent reporting requirements for crypto asset service providers. Early Adoption Amid Global Trend Canada is on track to become the first country to adopt the International Crypto-Asset Reporting Framework (CARF). According to a recent update to the country’s 2024 annual budget, the CARF guidelines will be implemented in Canada by 2026.  Although the legislation deadline is 2027, Canada…

A federal jury has convicted crypto trader Avraham Eisenberg of fraud and market manipulation. The charges stemmed from Eisenberg’s exploitation of Mango Markets, a decentralized finance (DeFi) protocol built on the Solana blockchain. Eisenberg Convicted for Market Manipulation Eisenberg, 28, was found guilty by jurors in a federal court in Manhattan on charges of commodities fraud, commodities manipulation, and wire fraud. “Avraham Eisenberg executed a manipulative trading scheme on a cryptocurrency exchange, defrauding the exchange and its investors out of…

What a week it’s been. Bitcoin’s price plunged by around 8% throughout the past seven days, which saw the total cryptocurrency market tumble. This comes amid times of considerable geopolitical woes as tension between Iran and Israel continues. Let’s dive in. Starting off with Bitcoin, it’s currently trading around the $65K mark, down about 8.3% compared to this time last week. But this doesn’t convey the full picture and does the massive volatility BTC went through very little justice. For…

The post Bitcoin Halving Event Today: What to Expect from the Crypto Market This Weekend appeared first on Coinpedia Fintech News The highly anticipated fourth Bitcoin (BTC) fourth halving will happen over the weekend. The crypto market will continue to register heightened volatility amid the high-impact news. More cryptocurrency exchanges are positioning their services to reap more from the Bitcoin halving event.  For instance, BitMEX’s Bitcoin perpetual swap now offers 250x leverage up from 100x a few days ago. As…

The post Crypto Markets Will See More Downtrends in Q2-Q3 2024 : Here’s Why appeared first on Coinpedia Fintech News Bitcoin and crypto have typically seen average or downward trends in Q2 and Q3 in recent years. With the halving just one day away, mining Bitcoin will become more expensive, so miners might start selling their Bitcoin.  Elja in his X post presents an open view of the current state of the cryptocurrency market, highlighting five key factors that could…

The post Will Crypto Skyrocket? Ripple’s CEO Reveals What’s Next Before the Bitcoin Halving! appeared first on Coinpedia Fintech News In a recent interview with Fox Business, Ripple Inc. CEO Brad Garlinghouse provided detailed intel and predictions on the cryptocurrency market. Let’s examine the CEO’s insights into the cryptocurrency market’s future, focusing on several critical elements, including the upcoming Bitcoin halving, the growth potential of the crypto market, regulatory landscapes, and Ripple’s strategic moves for the coming years. The Market…

The post Exchange with Ease: Simplifying Crypto Trades on BestChange appeared first on Coinpedia Fintech News The cryptocurrency market is growing rapidly with time. Bitcoin have become a new asset class with the advent of blockchain technology. Now, it is easy to trade cryptocurrency through currency exchanges. Many users exchange crypto for fiat currency. But, the security concerns, and high transaction fees is increasing.  Platforms like BestChange make crypto exchanges as easy as possible. It offers a hassle-free solution for…

Crypto analyst Trend Rider has drawn Cardano (ADA) holders’ attention to the crypto token’s potential to experience a significant price rally soon enough. Based on Trend Rider’s analysis, Cardano could rise to as high as $3 when this happens.  Cardano To Rise To $3 If History Repeats Itself Trend Rider mentioned in an X (formerly Twitter) post that if history repeats itself, Cardano might be on the brink of its “ultimate support test” before it makes a parabolic move to…

As the bull run edges closer, investors are back in search for the positive push their portfolio needs. This search for a fitting cryptocurrency to invest in has brought the spotlight on BEFE Coin. Unlike many other cryptos struggling to maintain a positive momentum, BEFE Coin has sprung up and brought itself to the limelight of the crypto world through impressive price performances and exciting features. BEFE’S unique features bring investors potential opportunities for the future and give them access…