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Cryptocurrency

Bitcoin ‘Kimchi Premium’ Surges in South Korea Amid Political Instability

December 28, 2024 by Arnold Potts

Political Instability in South Korea Drives Bitcoin ‘Kimchi Premium’ Surge The Bitcoin ‘kimchi premium’ has made a comeback in South Korea’s cryptocurrency market as the country faces political turmoil. This has resulted in a weakened Korean won (KRW) and a higher price …

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Tags Bitcoin, Cryptocurrency

Best Wallet Presale Raises $5.8M, Signals Promising Times for Altcoins in 2025

December 27, 2024 by Arnold Potts

The Best Wallet presale has successfully raised over $5.8 million, with an additional $500,000 coming in the four days leading up to Christmas. This impressive fundraising effort has helped to alleviate any concerns about the so-called ‘Decembear’ doubts that have been plaguing …

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Tags Cryptocurrency

Pi Network Reintroduces “Forgot Password” Recovery Feature for Account Security and Asset Protection

December 27, 2024 by Arnold Potts

Pi Network, a popular cryptocurrency platform, has recently announced the reinstatement of its “Forgot Password” recovery feature, allowing users to recover their accounts through SMS verification. This update comes at a crucial time as the Grace Period deadline approaches, giving users the …

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Tags Cryptocurrency

IRS Clarifies Taxation of Cryptocurrency Staking Rewards

December 26, 2024 by Arnold Potts

The US tax regulator, the Internal Revenue Service (IRS), has reaffirmed its position on cryptocurrency staking, stating that rewards earned from staking activities are subject to taxation as soon as they are received. This clarification comes as the IRS continues to navigate …

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Tags Bitcoin, Cryptocurrency

Dogecoin Price Movement: Analyzing the Power of 3 Pattern and Future Expectations

December 26, 2024 by Arnold Potts

Crypto analyst Trader Tardigrade has recently brought attention to an intriguing development in the price movement of Dogecoin, the popular meme cryptocurrency. According to Tardigrade’s technical analysis, Dogecoin is currently in a manipulation phase and is following a pattern known as the …

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Tags Cryptocurrency

Ethereum Whale Dumps $17 Million ETH on Binance: What It Means for the Crypto Market

December 26, 2024 by Arnold Potts

In the world of cryptocurrency, Ethereum whales continue to make waves as one particular whale recently dumped another $17 million worth of ETH to the popular crypto exchange, Binance. This whale, believed to be associated with Nexo based on onchain data, has …

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Tags Cryptocurrency, ethereum

Telangana Police Arrest 21 Individuals for Converting Scam Money into Cryptocurrency

December 26, 2024 by Arnold Potts

In a major crackdown on cybercrime, the Telangana Police’s Cyber Security Bureau (TCSB) has arrested 21 individuals in the state of Telangana, India, for their involvement in a scam where they extorted money from victims and then converted it into cryptocurrencies. The …

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Tags Cryptocurrency

VeChain’s Future Outlook: A 300% Surge Expected in 2025

December 26, 2024 by Arnold Potts

The digital asset sector has been experiencing a significant correction over the past two weeks, impacting nearly every cryptocurrency in the market. One of the most affected coins is VeChain, which has seen a slide to $0.045. Despite this downturn, experts still …

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Tags Cryptocurrency

Former Football Star Bo Hines Appointed as Executive Director of Presidential Council for Digital Assets

December 26, 2024 by Arnold Potts

Former football star Robert “Bo” Hines has been appointed as the executive director of the Presidential Council of Advisers for Digital Assets in the United States, marking a significant step forward for cryptocurrency policy. President-elect Donald Trump made the announcement on his …

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Tags Cryptocurrency

Nokia Secures Cryptocurrencies with New Encryption Patent

December 26, 2024 by Arnold Potts

Nokia, a renowned technology company, has recently made a significant advancement in the field of digital asset security by filing a patent for a new encryption technology. The patent, titled “Device method and computer program,” was submitted to the National Intellectual Property …

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Tags Cryptocurrency
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