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NFT Market Participants Could Face Stiff Tax Penalties In the U.S.

NFT Market Participants Could Face Stiff Tax Penalties In the U.S.

As the NFT market boomed in 2021, so do the questions around taxation come the next tax season. The Internal Revenue Service wants its share of the NFT loot. There is a lack of clarity

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Market Warch: Cardano (ADA) Explodes 8%, Bitcoin Maintains $42K Range

Market Warch: Cardano (ADA) Explodes 8%, Bitcoin Maintains $42K Range

Bitcoin tried 44,000 hours a few hours ago, but came to a dead halt. Most altcoins are slightly in the green, with Cardano emerging as the biggest gainer among the larger-cap ones with an 8%

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Cardano-Based DEX Announces Date of Mainnet Launch as ADA Price Spikes 8%

Cardano-Based DEX Announces Date of Mainnet Launch as ADA Price Spikes 8%

SundaeSwap will launch a fully functional beta next week SundaeSwap, a Cardano-based decentralized exchange, has announced that the much-awaited mainnet launch of a fully-functional beta version of the DEX will take place on Jan. 20.

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Cardano (ADA) Scaling Plans Move to Basho Phase for 2022

Cardano (ADA) Scaling Plans Move to Basho Phase for 2022

Cardano announces some exciting developments for 2022 to deal with the anticipated increase in dApp development. Cardano developments for 2022 will come thick and fast. BeInCrypto recently reported on Charles Hoskinson’s educational vlog, where he outlined

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NFT Marketplace LooksRare Set to Compete With OpenSea by Offering Trading Rewards

NFT Marketplace LooksRare Set to Compete With OpenSea by Offering Trading Rewards

LooksRare looks to cash in on the NFT craze that shows no signs of abating, even at this early juncture in 2022. There is a new NFT marketplace that is attracting large trading volumes called

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Shib, DOGE and ETH Become Most Popular Coins Among People in United States

Shib, DOGE and ETH Become Most Popular Coins Among People in United States

Here are the most popular coins and themes in the industry The Huobi Group recently released a large report designed to determine the level of perception of the crypto industry which has grown exponentially in

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Shiba Inu Becomes One of Most-Purchased Tokens by Ethereum Whales, as On-Chain Data Reports

Shiba Inu Becomes One of Most-Purchased Tokens by Ethereum Whales, as On-Chain Data Reports

Shiba Inu is still trying to recover after a strong correction Shiba Inu has once again become one of the most purchased tokens by the 1,000 largest Ethereum wallets. The sudden buying power appeared after

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Cardano Price Analysis: Here’s the Next Target for ADA Following 10% Daily Surge

Cardano Price Analysis: Here’s the Next Target for ADA Following 10% Daily Surge

Main levels of support: $1.2, $1.1 Key Resistance Level: $1.5, $1.8 ADA surprised the market with a significant rise in price today, which is rapidly approaching key resistance at $1.5. The support at $1.2 did

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Ethereum Sets Record with Almost $400 Million Worth of Coins Burned in One Week

Ethereum Sets Record with Almost $400 Million Worth of Coins Burned in One Week

Number of Ethereum coins burned looks promising for deflation proponents The Ethereum network has reached a new goal of burning more than 110,000 ETH in one week of functioning as the NFT industry is continuously

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North Korean Hackers Stole Nearly $400 Million in 2021: Chainalysis Reports

North Korean Hackers Stole Nearly $400 Million in 2021: Chainalysis Reports

A recent report by blockchain forensics firm Chainalysis said cybercriminals in North Korea stole nearly $400 million worth of bitcoin and Ether, but still have millions of dollars in crypto funds. – unlaundered stolen currency.

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