IRS has announced a temporary relief measure aimed at benefiting cryptocurrency holders who use centralized finance (cefi) exchanges. This measure provides flexibility for taxpayers to manage their digital asset sales without facing immediate stricter tax obligations. IRS Relief for Crypto Holders on Cefi Exchanges The IRS’ new relief, shared by Shehan Chandrasekera, Head of Tax […]
On January 9, 2025, APT announced its collaboration with Chainlink Data Feeds. This move enables developers to use reliable off-chain data, enhancing the security and scalability of dApps built on the Aptos blockchain. Chainlink’s oracle network is well-known for delivering accurate and tamper-proof data. It plays a crucial role in decentralized finance (DeFi) and Web3 […]
Internet Computer is showing signs of upward movement as recent data highlights its expanding network activity and usage. Experts point to the rise in ICP’s price, driven by a faster token burn rate, reflecting growing demand. The token recently hit $12, a significant improvement from its previous low of $8.83 last month. #InternetComputer $ICP While […]
Ripple and Chainlink partnership poised to impact LINK price positively. Ripple’s recent partnership with Chainlink to enhance the RLUSD stablecoin in decentralized finance (DeFi) markets has the potential to drive significant growth for Chainlink’s native token, LINK. The collaboration underscores Chainlink’s pivotal role in the blockchain ecosystem by providing secure, real-time data feeds crucial for […]
Bitcoin adoption in Hawaii fuels positive outlook. Hawaii’s recent regulatory changes have ignited optimism about Bitcoin’s (BTC/USD) trajectory. The state has removed the requirement for cryptocurrency firms to obtain a money transmitter license, effective July 1, enabling businesses to integrate BTC payments without restrictions. This policy shift has established Hawaii as a center for digital […]
EigenLayer Price Forecast – January 6 The EigenLayer price forecast indicates that buyers are gaining strength, targeting the $4.480 key level as bullish momentum continues to build. EigenLayer Long Term Trend: Bullish (Daily Chart) Key Levels Support Levels: $3.800, $3.230 Resistance Levels: $4.480, $5.600 EigenLayer has maintained a steady uptrend since recovering from the $3.230 […]
Hedera (HBAR) is set to launch HIP-1056: Block Streams, an advanced blockchain format designed to enhance its network capabilities. This upgrade integrates all transaction outputs and state changes into a single, cryptographically verified stream, representing a major step forward for the platform. By unifying existing output streams into one format, Block Streams simplifies data access […]
Virtuals Protocol (VIRTUAL) has emerged as a market favorite, demonstrating robust fundamentals that drive its bullish momentum. Since October, VIRTUAL has been on an upward trajectory, recovering from its all-time low of $0.02 in July. The token has recorded a staggering 13,973% growth from its bottom, reflecting investor confidence and market adoption. 🚨🚨 Virtual Made […]
Chainlink may be on the verge of a rally. Large investors holding 1 million to 10 million LINK have purchased 3.58 million tokens in three days. These acquisitions, worth $76.9 million, suggest growing confidence in LINK’s future growth. In contrast, retail investors have taken a different approach. Smaller holders sold 5.67 million LINK over the […]
