US wants to include crypto staking rewards in tax
In a statement made by the US Department of Finance, it was stated that earnings from verification in “proof of stake” systems should be counted in the annual gross income item.
News
If you are a cryptocurrency investor, staying informed by following the news is crucial for making sound investment decisions. Here, you can find the latest Bitcoin news and cryptocurrency and blockchain news, analyses, and up-to-date information.
Since 2017, Uzmancoin has been dedicated to providing the most current Bitcoin news and commentary, last-minute developments, and comprehensive content related to cryptocurrency. Additionally, it aims to assist investors in making informed decisions by offering detailed information about markets and technological innovations.
The world is changing at an unprecedented pace, and keeping up with this change is more important than ever. Technology has profoundly impacted every aspect of life, and now it’s the financial system’s turn. In today’s world, with technology causing such disruptive change, it is impossible to continue with the legacy financial system. Cryptocurrencies, the underlying Blockchain technology, and of course Bitcoin are leading a major transformation here, promising to shape the financial system for the better.
Cryptocurrencies and Blockchain technology are poised to play a significant role in the future of the financial world. Therefore, news, developments, and innovations in this field must be closely monitored, and investments should be shaped accordingly. In this process, Uzmancoin guides investors, providing current information and analyses to help them capture the changes and opportunities in the world of cryptocurrency.
For beginners and experienced investors alike, Uzmancoin aims to contribute to informed and correct decision-making by offering the most up-to-date and essential news in the cryptocurrency and blockchain world. Remember, knowledge is power, and having the right information is the key to becoming a successful cryptocurrency investor.
Binance officially announced: Japan arm launches with 34 tokens
Binance Japan made the expected announcement and officially revealed the tokens it will support on its platform in the country. As reported in the Japanese media, the exchange has selected 34 cryptocurrencies and tokens for spot trading. The following cryptocurrencies and tokens will be supported
Negative expectations at Coinbase drove down stock price
Coinbase, the largest cryptocurrency exchange in the US, will announce its Q2 earnings report on August 3rd. While industry analysts’ expectations were negative, shares started the day with a decline.
Investment advisor Carnegie: Crypto boom is coming
Mark Carnegie, one of the co-founders of the Carnegie investment firm, stated in the program that a big wave is coming in crypto, and the triggering factor is the ETF applications of companies such as BlackRock and Fidelity.
MicroStrategy buys $14.4 million worth of Bitcoin
MicroStrategy continues to add to its Bitcoin holdings. The US company, where Michael Saylor is the chairman of the board of directors, announced that it purchased another 467 BTC in July. While MicroStrategy made these purchases at an average cost of $ 30,835, the company’s
Binance removes 8 crypto trading pairs
The Binance exchange announced that it will delist 8 trading pairs in the BUSD pair on August 4th. Tokens in these pairs will continue to be listed in other pairs.
Goldman Sachs analyst found dead in New York
John Castic, an analyst at Goldman Sachs, one of the world’s largest investment banks, was found dead in New York. The body of Castic, who had been missing since Saturday, was found in a river. A person was found dead in the same area in June, leading to a deepening of the investigation.
Wall Street files for 6 Ethereum futures ETFs
The number of companies awaiting Ethereum futures ETF approval from the US Securities and Exchange Commission (SEC) has reached 6. On August 1, 5 companies filed Ethereum futures ETF applications with the SEC, according to Eric Balchunas, chief ETF analyst at Bloomberg, citing James Seyffart,
Mike Novogratz recommends Bitcoin and Ether for a $100k portfolio
Mike Novogratz, founder of digital asset management company Galaxy Digital, recommended Bitcoin, Ether, Alibaba stock and gold and silver for a $100,000 investment. Novogartz also stated that this recommendation is more suitable for young people with a high risk threshold.
$21 million out of crypto funds: Investments in altcoins surge
CoinShares, the digital asset investment company, published its weekly report. There were outflows of $ 20.9 million from crypto funds, while $ 19.4 million of the outflows were from Bitcoin. It is noteworthy that there are inflows to altcoin funds other than Ethereum.