• The Supreme Court of Denmark has ruled that profits from the sale of Bitcoin assets are taxable. • Many other countries, including India and Italy, have proposed laws taxing gains made on crypto sales. • At press time, Bitcoin was trading at its highest level since June 2022. Ruling by Supreme Court Of Denmark […]
• Solana [SOL] has faced significant scrutiny due to issues with downtimes on its network. • Messari analysts suggest that if Solana turns on network incentives, its TVL could be on par with other L2 chains. • The overall volume of AMM’s (Automated Market Makers) has increased, showing a favorable development for Solana within the […]
• Binance Coin [BNB] has reacted extremely positively over the past two days of trading, gaining 20.5%. • The daily market structure for Binance Coin appears to be bullish again and could see a retracement before a sustained move higher. • Spot CVD surged past February highs in response to strong demand, but Open Interest […]
• The data from Santiment and Staking Rewards suggests that the number of long-term stakers for Ethereum has decreased by 31% in the past 10 weeks. • Despite this, retail investors are showing increased interest in ETH, indicated by a 7-month high in the number of addresses holding more than 0.01 coins. • Whale investors […]
• Blur has overtaken industry leader OpenSea in NFT transfer volume following the BLUR token airdrop. • Blur’s zero-trading fee model and optional royalty payments have contributed to its success. • Comparing sale sizes reveals that Blur creates a more lucrative sales atmosphere than OpenSea. Blur Overtakes OpenSea in NFT Transfer Volume Glassnode recently reported […]