$3 Million NFT Fortune Vanishes To Crypto Tax and Market Crash, Here’s How

Jonathan Mann, an American singer and songwriter, recently experienced a notable crypto loss due to the market crash. The musician behind the “Song A Day” project lost the $3 million he earned from the sales of Non-Fungible Tokens (NFTs) in part to crypto tax. From $3 Million Win to $1.1 Million Tax Consequently, Mann has…
Pi Network Validators at Risk of Getting Replaced by AI, Pi Coin Price Crash Ahead?

Pi Network Validators at Risk of Getting Replaced by AI, Pi Coin Price Crash Ahead?

The latest industry report shows that Pi Network PI $0.62 24h volatility: 2.0% Market cap: $4.55 B Vol. 24h: $107.91 M validators could be at risk of getting replaced by artificial intelligence, as the Pi Core team has been leveraging AI systems to potentially automate the process for Know Your Customer (KYC) validations. Although the…

From $250M to $1B: Strategy Is Going All-in on Bitcoin Amid Bear-Bull Strife

Strategy, the largest corporate holder of Bitcoin BTC $105 065 24h volatility: 0.5% Market cap: $2.09 T Vol. 24h: $45.01 B , is doubling down with a bold move announcing a nearly $1 billion preferred stock offering, designed not only to attract yield-hungry investors but also to fund a fresh round of BTC purchases. The…

Bitcoin Is Ageing, 900,000th Block Now Minted

On June 6, the 900,000th block for Bitcoin BTC $103 931 24h volatility: 1.7% Market cap: $2.07 T Vol. 24h: $46.01 B was mined, marking a significant milestone for the flagship cryptocurrency. The feat is being celebrated widely in the crypto space as it shows the evolution of the digital currency ecosystem. Bitcoin Halving Slashes…

Metaplanet Increases Bitcoin Accumulation Target by 21X, Raises $5.4 Billion

Publicly listed firm Metaplanet has announced a significant $5.4 billion fundraise to support its goal of accumulating 210,000 Bitcoin BTC $103 931 24h volatility: 1.7% Market cap: $2.07 T Vol. 24h: $46.01 B by the end of 2027. As the company approaches its initial milestone of 10,000 BTC, it has raised its target by 21…
Whales Buy $7.5M AAVE: Is $440 Next After “Umbrella” Slashing Goes Live?

Whales Buy $7.5M AAVE: Is $440 Next After “Umbrella” Slashing Goes Live?

Aave AAVE $249.7 24h volatility: 5.9% Market cap: $3.78 B Vol. 24h: $476.08 M is currently trading around $250, down by 4% in the past day. Although the 29th largest cryptocurrency has seen a market cap decline of over $200 million, bullish momentum is steadily growing among traders and analysts. This optimism follows the recent…

Switzerland Approves Crypto Tax Data Exchange with 74 Countries

Switzerland’s Federal Council has approved plans to share cryptocurrency information with 74 countries. Under the proposal, the country would automatically exchange crypto-related data with all European Union member states, the United Kingdom, and most G20 nations. However, the arrangement does not include the United States or Saudi Arabia. On June 6, Switzerland issued an official…

Pakistan Crypto Minister and NYC Mayor in High Level Bitcoin Partnership Talks

Pakistan’s Minister of State for Crypto and Blockchain, Bilal Bin Saqib, may collaborate with Wall Street. According to an X post by the Pakistan Crypto Council, Saqib met with Brandon Lutnick, the Chairman and CEO of Cantor Fitzgerald, a global financial services firm.  Series of Meetings to Boost Pakistan’s Crypto Position Another video showed him…