Dennis 
South African Revenue Service Cracks Down On Crypto With New Tax Rules The South African Revenue Service (SARS) is urging taxpayers to declare their digital currencies through its Voluntary Disclosure Programme (VDP) due to the increasing popularity of crypto assets like Bitcoin and Ripple’s XRP in South Africa. SARS has noted the growth of crypto-related … Read more
Michael Saylor has transformed his company into a Bitcoin play by selling off traditional investments to buy Bitcoin, sending a signal about its legitimacy in corporate treasuries. This move diversified their assets and added volatility to their financial statements. Saylor treats Bitcoin as a long-term asset and hedge against inflation, showcasing an innovative strategy in … Read more
Ripple and Bitnomial clap back The SEC is facing legal battles with Ripple and Bitnomial over XRP futures, while also suing Cumberland. Bitcoin whales are accumulating, leading to speculation of a potential price pump. Binance executive Tigran Gambaryan was denied bail, Uniswap launched the Unichain testnet, and Tron founder Justin Sun became the Prime Minister … Read more
Bitcoin: The Digital Gold for the Modern Investor | by Joshua Moroles | The Capital | Oct, 2024 Bitcoin is often viewed as “digital gold” due to its ability to preserve and potentially grow wealth in the face of inflation. With a limited supply of only 21 million Bitcoins, its value increases as demand rises, … Read more
Yala, Bitcoin Liquidity Layer Featuring Stablecoin Protocol, Raises $8M in Seed Round Yala, a Bitcoin liquidity platform, recently raised $8 million in a seed round led by Polychain Capital and Ethereal Ventures. Other investors include Galaxy Vision Hill, Anagram, and more. The funding will be used to expand Yala’s engineering, growth, and security teams in … Read more
Artprice by Artmarket’s 2024 Contemporary Art Market Report, coinciding with Frieze London and Art Basel Paris, thoroughly explores a market that has grown 1,800% since 2000, confirming that art is a safe haven in times of major crises Artprice by Artmarket’s 2024 Contemporary Art Market Report analyzes the denser-than-ever market, with key features including auction … Read more
Shiba Inu (SHIB) has been recognized as the most donated meme coin for charitable causes within the crypto community. Vitalik Buterin praised meme coins for donating a portion of their token supply to charity, with Shiba Inu leading in philanthropic efforts. Del Crxpto also noted SHIB’s dedication to giving and charitable contributions. Technical analyst Charting … Read more
Ethereum Fundamentals Hint At Upside Potential As Staking Hits 29% High Ethereum is facing a critical juncture as it struggles to break above the $2,500 mark, leaving investors unsure of its next move. Despite recent price struggles, there are promising signals from the blockchain, with growing demand for ETH staking indicating long-term confidence in the … Read more
UAE makes crypto VAT-free Daily Squeeze delivers blockchain news: UAE exempts crypto transactions from VAT, US pursues Lazarus Group for $2.6M in stolen crypto. Market analysis shows BTC hovering around $62K-$64K, potential for Uptober magic. UAE’s tax break for crypto retroactive to 2018. The US targets Lazarus for hacking and stealing crypto, tracing stolen funds. … Read more
Senator Elizabeth Warren is urging the OCC to take action against Citibank for its ongoing operational failures. Warren believes that Citibank is “too-big-to-manage” and has been mismanaging regulatory requirements for years. She is calling for bold action to address these issues and possibly break up the bank. Warren’s letter highlights the need for stronger regulation … Read more
