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Home2024

Year: 2024

Russia approves 15% tax on crypto mining and transactions
Mining

Russia approves 15% tax on crypto mining and transactions

November 28, 2024 CryptoExpert

Russia has approved an amendment to a draft bill introducing taxes on crypto transactions and mining activities, Interfax reported on Nov. 19. The legislation will classify cryptocurrencies as property for tax purposes. As a result, […]

Polar bears
Cryptocurrency

UltraShort Bitcoin ETF Offering 2x Inverse Returns Sees Record Volume As BTC Holds Above $90K

November 28, 2024 CryptoExpert

There’s something about major psychological price levels, like bitcoin’s (BTC) $100,000 mark. As prices near these thresholds, anything tied to the asset gets an extra spark of energy. The Nasdaq-listed ProShares UltraShort Bitcoin ETF (SBIT) […]

Fundraising platform JustGiving accepts over 60 cryptocurrencies including Bitcoin, Ethereum
Ethereum

Fundraising platform JustGiving accepts over 60 cryptocurrencies including Bitcoin, Ethereum

November 28, 2024 CryptoExpert

JustGiving now accepts over 60 cryptocurrencies for people to donate with 94% of crypto users are Millennials and Generation Z More than $2 billion has been donated to charitable causes over the past five years […]

Blockchain

SingularityNET partners with Mina for privacy-focused decentralized AI

November 28, 2024 CryptoExpert

SingularityNET, a decentralized artificial intelligence platform, has joined forces with the Mina Foundation, a nonprofit behind the privacy-focused Mina Protocol, to advance decentralized AI through zero-knowledge (ZK) technology. The partnership aims to develop secure, decentralized […]

El Salvador toys with renting 170 volcanoes to Bitcoin miners, aims to disrupt industry
Mining

El Salvador toys with renting 170 volcanoes to Bitcoin miners, aims to disrupt industry

November 27, 2024 CryptoExpert

El Salvador is exploring innovative ways to enhance its Bitcoin mining operations, with President Nayib Bukele proposing a unique approach—renting out the country’s volcanoes to miners. The idea, shared in a Nov. 25 social media […]

(RippleNet)
Cryptocurrency

Ripple to Invest in XRP ETF as Rally Marred by Profit Taking

November 27, 2024 CryptoExpert

Long-term holders of XRP realized over $1.5 billion in profits last week as the payments-focused cryptocurrency zoomed to a three-year high, data shows, marking the highest profit realization since April 2021. Profit-taking is usual investor […]

No Picture
Ethereum

‘Massive’ — BuilderNet aims to solve Ethereum’s centralized block problem

November 27, 2024 CryptoExpert

Blockchain infrastructure firm Flashbots has launched BuilderNet, a decentralized block-building network on Ethereum to “kill censorship” and solve one of the network’s biggest “chokepoints.” BuilderNet, launched on Nov. 26,  said it aims to allow “many parties to […]

Blockchain

MicroStrategy wipes $30B in biggest 4-day drop amid Bitcoin correction

November 27, 2024 CryptoExpert

MicroStrategy’s market capitalization saw its largest four-day drop in history, sparking questions about its position as a leveraged Bitcoin investment vehicle. The company’s market value fell by more than 35% from its Nov. 21 peak, […]

Blockchain

Spot Bitcoin ETFs see $438M outflows — biggest since US election

November 26, 2024 CryptoExpert

Net outflows from United States-based spot Bitcoin exchange-traded funds (ETFs) surged to $438.37 million on Nov. 25, marking the highest single-day fall since US election day on Nov. 6. The sharp reversal follows strong inflows […]

Swift could soon launch STP for tokenized fund transactions
Finance

Swift Could Soon Launch STP For Tokenized Fund Transactions

November 6, 2024 CryptoExpert

A pilot involving Swift, UBS Asset Management, and Chainlink has successfully demonstrated how tokenized fund subscriptions and redemptions can be settled over the Swift network. This project, designed to integrate digital asset transactions with fiat […]

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