Tag: millionare

South African Taxpayers Who Fail to Disclose Income From Cryptocurrency Trading Face Possible Jail Time

According to a report, the South African Revenue Service (SARS) has sent out audit requests to taxpayers asking them to disclose their cryptocurrency trades and purchases. Taxpayers that fail to correctly disclose their income from bitcoin or other cryptocurrencies may be “liable to a fine or imprisonment for up to two years.” SARS Tracking Non-Compliant…

February 4, 2021
Ethereum Transaction Fees Hit Record Highs As Ether, DeFi Coins Soar

The average Ethereum transaction fee has passed $20 for the first time.

February 4, 2021
Finance giant SBI expands cryptocurrency lending service to XRP

After launching its crypto lending service in late 2020, SBI has now added support for XRP.

February 4, 2021
Bitcoin an ‘Emerging Competitor’ to Gold, Says CME’s Chief Economist

Blu Putnam said gold’s ongoing production, likely to increase this year, contrasts with bitcoin’s fixed supply.

February 4, 2021
‘Ur welcome’ — DOGE soars after Elon Musk returns to Twitter… to shill Dogecoin

A sudden reappearance by the Tesla and SpaceX CEO has only one focus: a meme-based altcoin now masquerading as the Lion King.

February 4, 2021
Polkadot (DOT) price breaks new all-time high ahead of ETP launch

The price of Polkadot (DOT) reached a new all-time high of $21.13 ahead of the first DOT-based exchange-traded product (ETP) going live tomorrow. Polkadot is a blockchain-focused on interoperability, transactional scalability, and ease of innovation. It is built on an open-source protocol and offers a sophisticated governance system where all stakeholders can vote for new…

February 3, 2021
Sweet Launches Broad-Scale NFT Solution in Partnership With Bitcoin.com

PRESS RELEASE. February 4, 2021 – New York, New York – Sweet, in partnership with Bitcoin.com, has announced the launch of a highly-scalable Non-Fungible Token (NFT) platform for the broad distribution of digital collectibles and digital merchandise. Leveraging Simple Ledger Protocol (SLP) and the Bitcoin Cash network (BCH), blockchain digital collectibles provide consumer and entertainment…

February 3, 2021
Report: Bitcoin Overtakes Gold in the U.S. as the 4th Most Popular Investment Vehicle

Research by Bitflyer released today indicates the growing popularity of the cryptocurrency as an American household investment option. But not in Japan. Stocks Remain the #1 Investment Vehicle Bitflyer, a Japanese crypto exchange, released a research paper that dives into cryptocurrency sentiment and investment trends in the U.S. and compares them to the Japanese market.…

February 3, 2021
Ethereum posts new highs as DeFi gas fees go through the roof

With Ethereum’s fees rocketing to new highs amid Ether’s rally into new price highs, the fees associated with using some complex DeFi protocols has increased above $1,000.

February 3, 2021
SBF says he’s amassed a $10 billion fortune in just three years in crypto

FTX exchange CEO Sam Bankman-Fried is worth an estimated $10 billion according to a New York Magazineinterview.

February 3, 2021