The IRS has set up a tax reporting framework for cryptocurrency brokers, which will be implemented in 2025. The framework does not include decentralised finance and non-hosted wallets, although rules for those will come later […]
Analysts at market intelligence platform CryptoQuant have outlined on-chain metrics that could signal that the bitcoin (BTC) price has bottomed and cryptocurrencies are beginning to rally again. The latest weekly CryptoQuant report mentioned signals like […]
Non-fungible tokens (NFTs), once hailed as the future of digital collectibles, experienced a sharp downturn in June. According to the crypto analytics platform Artemis, the NFT sector recorded the worst performance among 21 sectors, with […]
Cryptoslam data indicates that the initially strong NFT market is now recording a downward momentum, having declined in critical metrics, including sales volumes, unique sellers, and buyers. The ongoing rough patch in Bitcoin markets has […]
The European Union has intensified its antitrust scrutiny on AI deals, starting with high-profile collaborations between Microsoft-OpenAI and Google-Samsung. Margrethe Vestager, the European Commission’s executive vice president for competition policy, warned that AI is “developing […]
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Bitfarms Ltd. (NASDAQ/ TSX: BITF), a global vertically integrated Bitcoin (BTC) mining company, has released its production and operations update for June 2024. The company earned 189 BTC during the […]
It is no secret that Bitcoin miners are currently experiencing significant financial stress, especially following the completion of the fourth halving event. As a result, these vital network participants are being forced to offload their […]
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