As a seasoned crypto investor with a deep understanding of the industry, I welcome this new bill introduced by Representatives Ferguson and Nickel to provide tax clarity for digital asset miners in the United States. The current complex taxation system has been causing confusion, double taxation, and even driving American businesses overseas. Two US legislators … Read more
As a researcher with a background in finance and cryptocurrencies, I find the recent Bitcoin (BTC) price crash intriguing. The 11.5% decrease between April 30 and May 1, resulting in $172 million in leveraged long position liquidations, might seem alarming at first glance. However, considering the current macroeconomic conditions and the relatively low number of … Read more
As a seasoned crypto investor with a deep understanding of the blockchain ecosystem, I’m excited about Ankr’s announcement of Bitcoin liquid staking tokens on Talus. Bitcoin, being the oldest and most liquid cryptocurrency, has always been in high demand for decentralized finance (DeFi) applications. However, its liquidity has traditionally been trapped within the Bitcoin L1, … Read more
As a seasoned crypto investor with a background in traditional finance, I’m finding the current economic climate to be both intriguing and challenging. Just a few months ago, many economists anticipated rate cuts from the Federal Reserve by May. However, following the recent FOMC meeting, it seems that rates will remain steady for an extended … Read more
More XRPs have recently been unlocked. The price has continued to decline. As a seasoned crypto investor with a keen eye for market trends, I’ve seen my fair share of ups and downs in the world of digital currencies. The recent developments surrounding Ripple (XRP) have piqued my interest, given the significant unlocking of tokens … Read more
As an experienced analyst, I’ve been following the developments in the non-fungible token (NFT) and metaverse spaces closely. This week’s newsletter brought some intriguing updates, and I’d like to share my thoughts on them. As a researcher, I’ve unearthed some intriguing developments in the world of technology this week. Firstly, Yuga Labs, a notable non-fungible … Read more