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MicroStrategy Reaffirms Commitment to Bitcoin Accumulation as BTC Stalls

MicroStrategy CEO Michael Saylor has asserted that his company does not intend to slow down its Bitcoin (BTC) purchasing spree anytime soon. The Bitcoin proponent made the assertions in a letter addressed to company stockholders on April 14, ahead of the Annual Meeting of Stockholders scheduled for May 22. Saylor assured that the Nasdaq-listed corporation, […]

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Uniswap Launches Android Wallet App, AchievesMillion in Front-End Fees

Uniswap Now Accessible Across Web3 Following Latest Upgrade

Uniswap (UNI) continues to record massive innovative feats as the decentralized finance (DeFi) network becomes accessible virtually anywhere across Web3 following a recent upgrade. Yesterday, Uniswap announced the launch of its “Swap Widget,” which will allow developers to integrate access to the exchange using “just one line of code.” Swap Widget takes advantage of Uniswap’s […]

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Australian Tax Office Targets Crypto Traders for Tax Compliance

5% of Australians Hold Cryptocurrency: Roy Morgan Research

Roy Morgan Research, a research firm in Australia, has revealed some notable details about the Australian cryptocurrency investment market after a survey result published on Tuesday. The survey conducted between December 2021 and February revealed that over 1 million Australians held cryptocurrency. Established in 1941, Roy Morgan boasts the nation’s largest independent research company with […]

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Bitcoin Investment: Survey Suggests Financial Advisors Believe in BTC

A recent study by Nasdaq shows that a significant proportion of financial advisors will increase their Bitcoin (BTC) investment and other crypto assets if the US Securities and Exchange Commission approves a spot Bitcoin ETF (exchange-traded fund). According to a press release sent by Nasdaq to Bitcoin Magazine, the study, which surveyed 500 financial advisors, […]

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Russia Turns to Crypto for Oil Trade with China and India

Central Bank of Russia Lays Case Against Cryptocurrency, Claims Threat to Economy

In its newly published annual report 2021, the Central Bank of Russia (CBR) highlighted that the growing appetite for cryptocurrency by Russians, considering the risks associated with crypto activities, poses a systemic threat to the Russian economy. Adding to its long list of possible downsides the country could face from digital currencies like Bitcoin and […]

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Ripple coin on a gavel

Ripple Scores Another Victory Against SEC as Judge Denies Protection of Hinman Speech

Ripple Labs has scored another victory, one of its most significant wins so far, against the US Securities and Exchange Commission (SEC) in its ongoing lawsuit. The presiding judge on the case denied the Commission’s decision to protect important material relating to the lawsuit. Ripple community lawyers have called the latest development “a very big […]

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Iran Opposes Recognition of Cryptocurrency, Announces Development of Digital Rial

According to a high-ranking government official, Iran is unwilling to recognize cryptocurrency as a legitimate means of payment. This comment, which came from Iran’s deputy minister of communications, Reza Bagheri Asl, comes as the Central Bank of Iran (CBI) published rules for the rolling out of its national digital currency. The deputy minister made the […]

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Terra Adds Another 4,130 BTC to Its Reserves as LUNA Slumps

On April 8, the Luna Foundation Gaurd (LFG), a Terra (LUNA) organization, announced a partnership with the Avalanche Foundation and revealed that it would purchase $100 million worth of AVAX over-the-counter (OTC). The organization noted that the purchased AVAX would be held in its diversified reserves, along with Bitcoin (BTC), intended for its UST Decentralized […]

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