Banker suggests taxing UK crypto buyers to drive growth in stock investing and boost economy

The United Kingdom has seen a surge in stock investing due to tax-savvy cryptocurrency buyers, according to a recent report. The trend has been attributed to investors looking for ways to maximize their returns while minimizing tax liabilities. A banker highlighted the increased interest in stock investing among cryptocurrency buyers, especially as they become more [...]

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NFT Market Facing Persistent Selling Pressure

Recent data shows that throughout April, the NFT market has had more sellers than buyers, indicating a potential lack of demand for NFTs. (Read More)

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NFT Sales Drop 5.4% to $193M, Ethereum Dominates with $107M in Sales: Weekly Recap

Over the past week, statistics show non-fungible token (NFT) sales totaled $193.08 million, down 5.44% from the previous week. Ethereum dominated NFT sales with more than $107 million or 55% of all sales, while Solana-centric NFT sales recorded $26.3 million or 13% of sales in the same period. NFT Market Shows Signs of Slowdown With [...]

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‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion

Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts have been pointed to. Some believe venture capitalists caused a bank run, while others [...]

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It’s A Buyers’ Market As The Bears Persist

Weekly trading in the Crypto market has started the week on a bearish trend after registering losses on Monday. The trend reverses last week’s gain, where the market closed on a high note raising hopes that the Crypto winter will likely be reversed. The market capitalization has consequently reduced from $969 billion on Monday morning [...]

The post It’s A Buyers’ Market As The Bears Persist appeared first on Coinrevolution.

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‘Otherdeed’ Becomes Top Trending Collection, but Buyers Are Now Underwater

On Saturday, April 30, Yuga Labs, creator of the insanely popular Bored Apes Yacht Club (BAYC) NFT collection, launched land sales for its metaverse project – the Otherside.

Continue reading ‘Otherdeed’ Becomes Top Trending Collection, but Buyers Are Now Underwater at DailyCoin.com.

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US-Based Mortgage Firm Permits Homebuyers to Use Crypto Holdings as Collateral

Milo, a financial technology company that reimagines mortgage credit, removes the obstacle for down payments if homebuyers use crypto holdings as collateral for home loans. (Read More)

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Cardano: Buyers kiss toodles on the bulls’ cheek thanks to…

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Cardano saw a huge spike in recent days in the “age consumed” metric. This meant that a large amount of ADA changed hands after being dormant for a long time. This could be a bullish […]

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Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply

The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank (SNBY), this week, with bids due by March 17. However, sources familiar with the matter said the qualifications to purchase the banks are stringent, and reportedly, the purchasers cannot deal [...]

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NFTs weekly sales volumes hit highest level since August

NFT sales volumes for the week ending Oct. 6 hit nearly $85 million, the biggest selling week for NFTs since the end of August.

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NFT Sales Rise 7.28% to $179.64 Million in 7 Days, Nakamigos Takes the Top Collection Spot 

Sales of non-fungible tokens (NFTs) increased this week, with $179.64 million in sales over the last seven days. NFT sales rose 7.28% and transactions grew by 2.29% during this period, but the number of digital collectible buyers decreased by 4.34%. NFT Sales Improve This Week, Rising 7.28% Higher Sales of non-fungible tokens (NFTs) have trended [...]

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