‘Bitcoin Senator’ Lummis Optimistic About Crypto Tax Reform In brief A Senator who owns Bitcoin is hopeful bipartisan support will lead to a “de minimis” crypto tax exemption. The CEO of crypto storage Anchorage said state governments have a new interest in owning crypto. Sen. Cynthia Lummis (R-Wy) expressed hope on Wednesday that Congress will
Hex Trust Launches Custody Service for Ethereum NFTs In brief Hex Trust has created a new vault for storing NFTs. The vault will integrate with NFT marketplaces. Digital asset custodian Hex Trust, known for its token custody service Hex Safe, has launched a custody service for non-fungible tokens (NFTs) on the Ethereum blockchain, according to
Here Are the Biggest NFT Crypto Collectible Sales in the Last Month In brief The prices of some non-fungible tokens have surged to over $1.5 million over the past month. CryptoPunks and Hashmasks are still the most expensive NFTs in terms of per-item prices. Over the past month, the top five biggest non-fungible token (NFTs)
Budget 2021: UK Bitcoin Owners Relax as Capital Gains Tax Stays Flat In brief The UK Chancellor of the Exchequer has not increased capital gains tax in this year’s budget. Rather, he has frozen the capital gains tax threshold until 2026. The UK Chancellor of the Exchequer Rishi Sunak has today announced a freeze on
Dogecoin Becomes More Popular Than Bitcoin on Twitter There were more mentions of the meme coin Dogecoin in the last month on Twitter than any other cryptocurrency, according to data from crypto tracker ICO Analytics. It even overtook the biggest cryptocurrency by market cap: Bitcoin. As per the tracker, Dogecoin commanded 10.4% of all crypto-related
The Number of Bitcoin on Exchanges is Starting to Fall Again In brief The total number of Bitcoin on exchanges has started dropping again recently. This trend indicates that Bitcoiners are holding their assets for the long term. The total number of Bitcoin on exchanges is starting to fall more steeply, having gradually declined since
The Number of Bitcoin on Exchanges is Starting to Fall Again In brief The total number of Bitcoin on exchanges has started dropping again recently. This trend indicates that Bitcoiners are holding their assets for the long term. The total number of Bitcoin on exchanges is starting to fall more steeply, having gradually declined since
17% of Bitcoin’s Supply Hasn’t Moved for Over 7 Years A significant chunk of Bitcoin has not moved in over seven years, markets insights platform Unfolded pointed out yesterday, citing data from “HODL Wave,” an indicator by on-chain analytics tool Glassnode. This indicator tracks the time period between Bitcoin transactions and represents a macro view
Crypto Hits $1.6 trillion as Wall Street Wobbles Over Bond Fears In brief Crypto markets record back to back gains as recovery continues. US markets continue to worry about the sudden surge in bond yields. The confidence is causing a negative effect on growth stocks. Over the last few months, crypto and Wall Street have
Someone Sent $243K in Bitcoin to an ‘Elon Musk’ Scam Wallet Address In brief Elon Musk is not giving away free Bitcoin. But some people are still giving fake Elon Musks free Bitcoin. You’ve probably seen the scammy tweets and video livestreams, usually tied to a fake celebrity account. “BTC Giveaway! Send 1 BTC to
and then 
