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An early crypto investor has pleaded guilty to filing tax returns that underreported the capital gains he earned from selling millions of dollars worth of Bitcoin (BTC).
According to the U.S. Department of Justice (DOJ), Frank Richard Ahlgren III bought approximately 1,366 BTC in 2015 when the flagship cryptocurrency was still trading for less than $500.
Two years later, he sold 640 BTC for $5,...
Digital assets manager CoinShares says that institutional crypto investors poured hundreds of millions in capital from digital asset products last week.
In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products saw a surge in inflows to the tune of $436 million following weeks of outflows adding up to just north of $1 billion.
“We believe the...
Coin98 Super Wallet, your gateway to the open internet, has released the version 15 update.
This new version improves the user experience by adding AI support and in-app chat for easier Web 3.0 interactions, paving the way for easy onboarding and mass adoption.
Here are key updates in the Coin98 Super Wallet version 15.
AI assistant integration
In-app on-chain chat
New user-friendly UI/UX...
HodlX Guest Post Submit Your Post
Sucking up to politicians and the powers that be is the last thing crypto needs. It defeats the industry’s purpose and foundational vision of grassroots empowerment.
It’s supposed to make users autonomous, self-sovereign entities. Only a true meritocracy – powered by cutting-edge tech and user-centric innovations – can ensure this.
For most parts, political...
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Now, when thousands of memecoins dedicated to cats, dogs and politicians are hitting the market, more traditional crypto assets like Bitcoin or Ethereum seem to be losing their allure.
However, practice shows that it’s not all gold that glitters – in fact, over half of all memecoins are deemed malicious, leaving investors with broken hopes and empty wallets....
One Ethereum (ETH)-based memecoin is soaring by triple digits after a sudden listing by Binance, the world’s largest crypto trading platform by volume.
As Binance announced on Monday spot trading support for First Neiro (NEIRO), dubbed by the project as “the official sister of DOGE,” the altcoin rallied more than 965%.
NEIRO currently has a market cap of $170.3 million and is trading for $0....
Circle CEO Jeremy Allaire says that the US is on the cusp of becoming a global leader in crypto innovation and development.
In a new thread on the social media platform X, the co-founder of the USDC stablecoin issuer says that the US is nearing a “turning point” where the government is no longer hostile toward the digital assets industry.
“Many complain that the United States is not the right...
BitMEX founder Arthur Hayes reportedly says that layer-1 blockchain Aptos (APT) is capable of solving many problems for the traditional finance (TradFi) world.
In a speech at the recent Aptos Experience conference in Seoul reported by Aptos co-founder Mo Shaikh, Hayes says that his experience in the TradFi world showed him how antiquated the industry is, with large amounts of friction and...
Investor Chris Burniske Doubles Down on One Layer-One Altcoin Play While Shorts Pile Up – Here’s Why
Venture capitalist Chris Burniske is reasserting his stance on one of his main altcoin picks for this crypto market cycle.
Burniske says on the social media platform X that he’s still loading up on Celestia (TIA) tokens, anticipating a massive recovery despite being 77% down from its all-time high.
The investor also says that fear surrounding TIA’s large token unlock next month is likely...
Tech billionaire Peter Thiel says the US economy would already be in a recession if not for massive government intervention.
Speaking with fellow billionaire Chamath Palihapitiya at the All-In Summit 2024, Thiel says that an economic downturn is in sight for the US but it is being kept at bay by the government stimulating economic activity through spending.
According to the billionaire, the...