Ether (ETH), the native token of the Ethereum blockchain that turned 10, just had its best July performance in three years. The second largest cryptocurrency climbed more than 50% in July, peaking at $3,940 before easing below $3,800 towards the end of the month. The last time ETH rose this much in a single month … Read more
Disclaimer: The analyst who co-wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR), the largest corporate holder of bitcoin (BTC), posted second-quarter operating earnings of $14 billion or $32.60 per share, and net income of $10 billion. The massive profit came as the price of bitcoin rose roughly 30% during the thre-month period. “Strategy … Read more
Crypto investor Murad Mahmudov is sitting on tens of millions of dollars in unrealized profits from memecoins, according to blockchain data, adding fuel to the ongoing debate over his “memecoin supercycle” thesis. Data from the onchain data aggregator DropsTab shows that Mahmudov holds over $70 million in memecoins, with just $1.86 million in capital invested. … Read more
Crypto investor Murad Mahmudov is sitting on tens of millions of dollars in unrealized profits from memecoins, according to blockchain data, adding fuel to the ongoing debate over his “memecoin supercycle” thesis. Data from the onchain data aggregator DropsTab shows that Mahmudov holds over $70 million in memecoins, with just $1.86 million in capital invested. … Read more
Crypto investor Murad Mahmudov is sitting on tens of millions of dollars in unrealized profits from memecoins, according to blockchain data, adding fuel to the ongoing debate over his “memecoin supercycle” thesis. Data from the onchain data aggregator DropsTab shows that Mahmudov holds over $70 million in memecoins, with just $1.86 million in capital invested. … Read more
Crypto investor Murad Mahmudov is sitting on tens of millions of dollars in unrealized profits from memecoins, according to blockchain data, adding fuel to the ongoing debate over his “memecoin supercycle” thesis. Data from the onchain data aggregator DropsTab shows that Mahmudov holds over $70 million in memecoins, with just $1.86 million in capital invested. … Read more
Crypto investor Murad Mahmudov is sitting on tens of millions of dollars in unrealized profits from memecoins, according to blockchain data, adding fuel to the ongoing debate over his “memecoin supercycle” thesis. Data from the onchain data aggregator DropsTab shows that Mahmudov holds over $70 million in memecoins, with just $1.86 million in capital invested. … Read more
Bitcoin on Thursday, January 25 recorded a miniscule gain of 0.50 percent. Despite this development, Bitcoin did not see a big change in its price. At the time of writing, the value of BTC stood at $39,921 (roughly Rs. 33 lakh). The asset did grow in value by $271 (roughly Rs. 22,527) in the last … Read more
US chipmaker Broadcom is set to gain conditional EU antitrust approval for its $61 billion (nearly Rs. 5,03,000 crore) proposed acquisition of cloud computing firm VMware, people familiar with the matter said, sending its shares up by almost 5 percent. The European Commission’s clearance is tied to remedies relating to Broadcom’s interoperability with rivals that … Read more
Several crypto investors in India have failed to pay 30 percent tax on profits they made via crypto activities in the last two years, possibly due to regulatory unclarity and lack of customer awareness, crypto tax firm Taxnodes has warned, urging the community to pay their crypto taxes on time. In conversation with Gadgets360, the … Read more