Gekocrypto Crypto News

IRS reveals final regulations for crypto broker rules Analyst Ali Martinez Predicts XRP Could Surge 1,896%, Calls Coin Undervalued 3 Cryptocurrencies That Reached All-Time Highs Today — December 3 £10 billion BSV investor class action lawsuit given green light in UK ‘China’s MicroStrategy’ Exits Bitcoin, Cashes Out Before $100K Milestone Conservative Microsoft Eyes Bitcoin As MicroStrategy And Nvidia Lead DOGE Surges, Render’s Big Move, And Many Turn Towards DIGI With 100X Potential Deribit Exchange announces integration of Ethena’s USDe as margin collateral Onchainpay: A beginner’s guide to a cryptocurrency payment platform SEC Sued Over NFT Clarification

GG

IRS reveals final regulations for crypto broker rules

The Internal Revenue Service did not include decentralized exchanges or self-custodial wallets under its broker reporting requirements. 18376 Total views 14 Total shares Own this piece of crypto history Collect this article as NFT The United States Internal Revenue Service (IRS) revealed its final draft of the new crypto broker reporting requirements on June 28 and clarified the scope of industry participants affected by the new rule changes. According to the IRS’ new reporting guidelines, decentralized exchanges and self-custody wallets will not be subject to the new reporting rules. In the recent update, the IRS explained that it reviewed the...

28.06.2024

Analyst Ali Martinez Predicts XRP Could Surge 1,896%, Calls Coin Undervalued

You are here: Home / News / Analyst Ali Martinez Predicts XRP Could Surge 1,896%, Calls Coin Undervalued Ali Martinez predicts XRP could reach $8.40, representing a 248.55% growth from $2.41. Martinez’s bold projection of $48.12 suggests a 1,896% surge and a $2.75 trillion market cap. Critics, including JayDee, dismiss the $48 target, calling it unrealistic, with some aiming for $10. Ali Martinez, а widеly followеd cryptocurrеncy аnаlyst, rеcеntly shаrеd his bullish outlook on XRP. In а Dеc. 8 post on X, hе highlightеd thе аssеt’s potеntiаl, dеspitе skеpticism in thе crypto community аbout its sustаinеd uptrеnd ovеr thе pаst...

09.12.2024

3 Cryptocurrencies That Reached All-Time Highs Today — December 3

While the crypto market has been rather slow over the last few days, with Bitcoin hovering around $96,000, some altcoins are still making the most of the residue bullish momentum. Among those capitalizing on the growth is Tron (TRX) BeInCrypto has analyzed two other crypto tokens along with Tron that have formed a new all-time high (ATH) today. Tron (TRX) Tron’s price is currently at $0.228, marking a 10% increase over the last 24 hours. The altcoin hit a new all-time high (ATH) of $0.235 during intra-day trading. This recent surge indicates growing investor confidence and strengthens the bullish sentiment...

03.12.2024

All News

IRS reveals final regulations for crypto broker rules

Analyst Ali Martinez Predicts XRP Could Surge 1,896%, Calls Coin Undervalued

3 Cryptocurrencies That Reached All-Time Highs Today — December 3

£10 billion BSV investor class action lawsuit given green light in UK

A £10 billion BSV investor class action lawsuit against digital asset exchanges has been approved by the United Kingdom’s Competition Appeals Tribunal (CAT), making it one of the largest collective legal actions to be approved in U.K. history. The lawsuit is BSV Claims Limited v Bittylicious Limited & Others . Brought on behalf of over 200,000 BSV investors, it accuses a group of prominent digital asset exchanges—Binance, Kraken, Shapeshift and Bittylicious—of colluding to delist BSV from their platforms without good reason, which allegedly had the effect of “distorting, preventing or restricting” competition within the United Kingdom in violation of the...

‘China’s MicroStrategy’ Exits Bitcoin, Cashes Out Before $100K Milestone

Meitu sold all its Bitcoin and Ethereum just before Bitcoin hit a record US$100k, realising a significant profit from the sale. The company plans to use 80% of the net proceeds for a Special Dividend and the remainder to boost its core imaging and design business. The profit from the cryptocurrency sale allows Meitu to focus more on its growing photo, video, and design products business. With Meitu’s exit from the crypto scene, Japanese firm Metaplanet and others in Asia remain as significant Bitcoin holders. Japanese company Metaplant has just become the ‘MicroStrategy of Asia’ after China’s version of the...

Conservative Microsoft Eyes Bitcoin As MicroStrategy And Nvidia Lead

Nvidia earns profits from bitcoin mining, while Microsoft contemplates investing in bitcoin (Photo ... [+] by Rasit Aydogan/Anadolu via Getty Images) Anadolu via Getty Images Conservative Microsoft Explores Bitcoin Investment While MicroStrategy and Nvidia Drive Crypto Innovation Students of history know that even the most iconoclastic revolutionary sooner or later becomes a conservative. It’s no different in the tech sector. Those AI founders who are currently tearing up the rulebook? The decentralization pioneers building the next iteration of the web? One day they too will be legacy firms, grappling with upstart innovators in the battle to remain relevant. So when...

DOGE Surges, Render’s Big Move, And Many Turn Towards DIGI With 100X Potential

This week, Dogecoin (DOGE) makes headlines with a substantial surge, Render (RENDER) gains momentum after a major blockchain transition, and DigiHorse (DIGI) continues to innovate in the NFT gaming space. Understanding the dynamics of these tokens can give valuable insights into market updates and possible investment opportunities. From Dogecoin’s impressive recovery to Render’s promising future on a new blockchain and DigiHorse’s pioneering efforts in NFT gaming, there’s a lot to explore. So, let’s dive into the latest developments and what they mean for investors. Dogecoin (DOGE) Jumps 13.76%, Poised To Shed A Decimal Dogecoin has seen a significant uptick, trading...

Deribit Exchange announces integration of Ethena’s USDe as margin collateral

Although Solana and Cardano have long been acknowledged as trailblazing blockchain systems, a new contender Rexas Finance (RXS) is attracting a lot of interest as a fresh rival. Rexas Finance is fast acquiring momentum in its presale phase at $0.08 as of writing, generating almost $9.93 million and positioning itself as a major rival in the cryptocurrency scene. Could this be the next 10x altcoin? The rise of Rexas Finance (RXS) Designed to enable consumers to tokenize and easily manage actual assets, Rexas Finance (RXS) is a ground-breaking blockchain technology. By stressing the simplicity of asset tokenization and increased accessibility,...

Onchainpay: A beginner’s guide to a cryptocurrency payment platform

Explore seamless cross-border transactions and cost-effective alternatives with Onchainpay's feature-rich payment solution. Onchainpay.io is a comprehensive cryptocurrency payment gateway and all-in-one platform designed to streamline secure and efficient blockchain transactions. It offers businesses a robust suite of payment solutions, empowering them to accept crypto payments seamlessly. Tailored especially for high-risk industries like iGaming, gambling, e-commerce, and digital services, Onchainpay.io bridges the gap in traditional payment methods by enabling smooth cryptocurrency integrations. Leveraging blockchain technology , Onchainpay.io facilitates cost-effective and real-time transaction settlements. Supporting over 17 cryptocurrencies across 10 blockchain networks, the platform helps businesses scale efficiently while integrating cryptocurrency into...

SEC Sued Over NFT Clarification

By Philip Maina 2 weeks agoTue Jul 30 2024 10:10:13 Reading Time: 2 minutes A law professor and a songwriter have sued the SEC seeking clarification on how NFTs are securities The two argue that the securities watchdog is overstepping its boundaries by policing the NFT market They have asked the SEC to provide sections in the United States laws that designate NFTs as securities The US Securities and Exchange Commission (SEC) has been taken to court to explain how NFTs are securities. The plaintiffs, law professor Brian Frye and artist Jonathan Mann, want the regulator to quote sections of...