Bitcoin’s price continued to fall in the hour immediately following the pivotal event. The gap between Bitcoin’s supply and demand is expected to widen further Excitedly, Bitcoin went through its fourth halving around 2:19 AM GMT on April 20th. Consequently, miners now earn only 3.12 BTC as rewards instead of the previous 6.25 BTC. This … Read more
Bitcoin undergoes its fourth halving: Rewards for mining new blocks on the Bitcoin network are now reduced by half, following the creation of the 840,000th block. Bitcoins price is generating excitement within the cryptocurrency community as they anticipate future developments, with some analysts estimating potential prices up to $250,000. Currently, Bitcoin is priced at $63,960 … Read more
Shibarium daily transactions jumping by 64% over the week SHIB’s supply on exchanges fell sharply, suggesting accumulation by holders Shibarium, the secondary blockchain within the Shiba Inu (SHIB) community, unveiled an significant update to its user interface (UI). The enhancement aims to enhance the user experience and introduce more possibilities for engaging with the network. … Read more
In approximately two days, Bitcoin (BTC) will experience its fourth halving event: this significant milestone occurs when the number of completed blocks in the Bitcoin network reaches 840,000 on April 20th. At crypto exchanges, among influencers, podcast hosts, and beyond, live occasions are emerging globally for Bitcoin enthusiasts to commemorate a significant event. Some believe … Read more
In a class-action lawsuit brought against him in Florida, Sam Bankman-Fried, the ex-CEO of FTX cryptocurrency exchange, has reached a settlement with a band of cryptocurrency users. In a court document submitted on April 19, 2023, to the Southern District of Florida, the plaintiffs involved in the 2022 lawsuit against FTX influencers disclosed that they … Read more
starting in 2026, the IRS, which is responsible for taxation in the United States, has prepared a draft of a new form named Form 1099-DA. This form is intended for reporting income derived from digital asset transactions with brokers and is anticipated to be employed in 2025. A broker is required to file a Form … Read more