Days before the year’s end, Italy’s Senate approved its budget for 2023 on Dec. 29, 2022, which included an increase in taxation for crypto investors — a 26% tax on capital gains on crypto assets trading over 2,000 euros (approximately $2,131 USD at time of publication .) The approved legislation defined crypto assets as “a digital representation of value or rights […]

Renowned short-seller Jim Chanos has stated that the current crypto environment is like the “dotcom era on steroids,” and he thinks the recent collapse of popular digital currency exchange FTX is the start of a long and negative era for digital currency. Jim Chanos: Crypto’s Future Looks Bleak Chanos predicted that Texas energy company Enron would collapse in 2001, and […]

Stellar lumen price is trading below $0.0750 against the US Dollar, similar to bitcoin. XLM price must stay above the $0.070 support to avoid more losses. Stellar Lumen Price Analysis (XLM to USD) After a failed attempt near the $0.078 zone, stellar lumen price started a fresh decline against the US Dollar. The XLM/USD pair traded below the $0.0765 support […]

One of the original core developers behind Bitcoin (BTC), Luke Dashjr, claims to have lost “basically” all his BTC as a result of a hack that occurred just before the new year.  In a Jan. 1 post on Twitter, the developer said the alleged hackers had somehow gained access to his PGP (Pretty Good Privacy) key, a common security method […]

Stepping into the year 2023, it’s time to pause and reflect on the accomplishments and struggles the global crypto community witnessed over the last 365 days. Starting from the very beginning of 2022, no investment strategy could help recover the falling portfolios across traditional and crypto ecosystems. January 2022 inherited a slightly collapsing market, wherein investments made on 2021 all-time […]

2023 has finally arrived. Happy New Year to all digital currency enthusiasts out there! Here’s to hoping that all bitcoin players are greeted with kinder, gentler, and more loving maneuvers to their crypto stashes than what was doled out in 2022. Could Bitcoin Recover Soon? To say 2022 was a bad year for crypto would be a huge understatement. It […]

El Salvador, the first country to legalize Bitcoin (BTC), has been pushed down yet another spot in total crypto ATM installations as Australia records 216 ATMs stepping into the year 2023. As part of El Salvador’s drive to establish Bitcoin as a legal tender, President Nayib Bukele had decided to install over 200 crypto ATMs across the country. While this […]

Today’s top ten crypto assets make up a large portion of the crypto economy’s current $797.95 billion value on Dec. 29, 2022, and many of them are some of the most popular digital currencies today. While coin market capitalization aggregation sites allow patrons to add their favorite coins to a watchlist, between coingecko.com and coinmarketcap.com, bitcoin is the most watched […]

Trust Wallet token, SONM, and GMX lead the chart as the higher gainers of 2022, recording over 100% gains since Jan 1. OKB, BNB, and DOGE were the best-performing assets in the top 10 digital assets by market capitalization.  Digital asset enthusiasts continue to project coins to watch with a keen interest in 2023, rolling out several indices.  This year […]