Memecoin sends BTC fees to the moon, miner profits top $50B and more: Hodler’s Digest, April 30-May 6
Memecoin hype fuels Bitcoin transaction costs, BTC miners block rewards surpass $50 billion and AI’s “Godfather” warns o...
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Utility and long-term profits top reasons for NFT purchases: CoinGecko study
NFTs are purchased for a variety of reasons but according to a new survey from CoinGecko, the majority buy them for util...
Coinbase cut costs and bolstered rep, but profits remain challenged: Analysts
Analysts from Moody’s and JPMorgan hailed the exchange for its strong reputation but said it wouldn't be enough to solve...
Japan set to ease 30% crypto tax on paper profits for token issuers
As it stands, Japanese crypto issuers are required to pay a set 30% corporate tax rate on their holdings, even if they h...
Italy to impose 26% capital gains tax on crypto profits
The 26% capital gains tax will be imposed on cryptocurrency trading profits larger than 2000 euros ($2,062.3).
South Korea seizes $104M from Terra co-founder suspecting unfair profits
The decision to freeze Shin’s asset worth over $104 million was approved by the Seoul Southern District Court, which was...
DeFi platforms see profits amid FTX collapse and CEX exodus: Finance Redefined
The bears were in control for the second week after FTX collapse, leading to a market-wide dismal performance including...
Sub-$20K Bitcoin price puts BTC miner profits under pressure as hash rate soars
Soaring hash rate, high electricity costs and BTC price hovering under $20,000 for months is complicating matters for Bi...
To HODL or have kids? The IVF Bitcoin Babies paid for with BTC profits
A Bitcoiner in London brings new meaning to the phrase “generational wealth.” Noodle sold some Bitcoin to pay for IVF tr...
Chinese mining giant Canaan doubles profits despite the blanket crypto ban
The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the...
