Russia’s Ministry of Finance recently put forward a proposal to permit traditional exchanges to facilitate digital asset trading for specific investors. This move aims to create specialized regulations for organized trading in digital currencies, treating them as commodities and requiring an exchange or trading system license. The proposal is limited to a select group of
The partnership between Akedo Games and the TON ecosystem marks a significant step towards the future of blockchain gaming. With the strategic backing from TOP, Akedo Games is paving the way for new gameplay experiences in the decentralized gaming world. This collaboration is not just about developing games, but about transforming the entire gaming space
Crypto analyst Linda has recently made a bold prediction regarding Ethereum (ETH), suggesting that the cryptocurrency could potentially reach $4,000 in value. The key factor driving this forecast is the potential approval of Spot Ethereum ETFs. Linda highlighted the positive sentiment surrounding these funds, with many traders eagerly awaiting news from the US Securities and
In recent days, the cryptocurrency market has seen a surge of $200 billion, bringing a wave of green across various digital assets. Bitcoin (BTC) and Ethereum (ETH) have experienced significant upticks, with BTC reaching above $63,000 and ETH surpassing the $3,300 mark. Alongside these mainstream cryptocurrencies, meme coins such as Dogecoin (DOGE) and Shiba Inu
The Layer 2 network, Scroll, has been making waves in the decentralized finance (DeFi) space with a remarkable 23% increase in Total Value Locked (TVL) over the past seven days. According to L2Beat data, Scroll has reached a TVL of $1.03 billion, solidifying its position as the 8th Ethereum Layer 2 network to surpass the
Despite recent bearish trends in the market, JP Morgan, an American multinational finance company, has maintained a bullish stance on the Bitcoin price outlook. The bank has predicted the conclusion of ongoing BTC liquidations, anticipating a subsequent rebound in the crypto market. According to JP Morgan’s research report, BTC liquidations are expected to abate in
Keeping track of the latest developments in the financial industry is crucial for staying informed about market dynamics, economic shifts, and investment opportunities. One partnership that has garnered attention recently is the collaboration between Wirex and Visa. This alliance aims to transform digital transaction processing and revolutionize the way we handle money in the digital
The Sandbox has recently unveiled a new update that allows users to directly buy and sell LAND through its platform. This eliminates the need to venture into third-party markets like OpenSea, streamlining the process and making it more convenient for users. With this in-house capability, users can now list, buy, and manage LAND directly on
In the past week, digital asset investment products experienced a surge in buying activity, with inflows totaling an impressive $1.44 billion. This contributed to a staggering year-to-date inflow of $17.8 billion, breaking the previous record set three years ago. Despite this influx of capital, trading volumes remained relatively low at $8.9 billion, underscoring the relatively
South Korean lawmakers have recently put forward a bill that suggests postponing the implementation of the crypto gain tax until 2028. This proposal comes at a time when there is a noticeable decline in positive sentiments surrounding the cryptocurrency industry. The lawmakers argue that the taxation of virtual assets may not be ideal at this
