Lawyers for “Bitcoin Jesus” Roger Ver on Tuesday urged a US judge to dismiss his tax evasion indictment. This was his first court filing since being arrested in Spain in April. Earlier this year, US prosecutors charged Ver with major tax offenses. They claimed he avoided paying over $48m in taxes after selling crypto worth…
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South Korea Hits Record $34 Billion Trade Volume as President Declares Martial Law
South Korea witnessed a record $34.2 billion in cryptocurrency trading volume over 24 hours following a brief declaration of emergency martial law by President Yoon Suk-yeol. The unusual trade activity unfolded across the country’s major cryptocurrency exchanges, including Upbit, Bithumb, Coinone, Korbit, and Gopax, according to CoinMarketCap data. Leading the surge was Upbit, South Korea’s…
Australia’s Financial Watchdog Calls for Opinions on Digital Asset Regulation Updates
Australia’s financial watchdog on Tuesday requested feedback on updates to its digital asset guidance. The changes aim to clarify how the Corporations Act 2001 applies to digital assets and guide entities offering related financial services. The Australian Securities and Investments Commission (ASIC) included 13 practical examples in a document to show how current financial product…
Ex-Celsius CEO Alex Mashinsky Pleads Guilty to Fraud Charges in Crypto Lender Scandal
Alex Mashinsky, founder of the now-bankrupt Celsius Network, announced Tuesday that he intends to plead guilty to fraud charges. He pleaded guilty to two charges: one for commodities fraud and another for manipulating the price of the Celsius token. The most serious charge carries a potential 20-year prison sentence. On July 13, 2023, Mashinsky faced…
Moodeng Explodes 126% After Coinbase Listing News – Can the Rally Last?
The meme coin Moodeng (MOODENG) experienced a dramatic 126% price surge within an hour of Coinbase’s announcement on Monday that it would list the token on December 4. This surge pushed MOODENG’s price to $0.68, a 126% gain over the previous 24 hours. The price nearly reached its November peak of $0.69, and the token…
Ishiba Lukewarm on Japanese Crypto Tax Reform and Bitcoin ETF Approval
Japanese Prime Minister Shigeru Ishiba has expressed “caution” about scrapping the country’s controversial crypto tax law. Ishiba has also suggested he will not be rushed into approving Bitcoin spot ETFs. Regulators, government ministers, and opposition leaders have united in calls to replace the current system with a flat 20% capital gains levy on annual crypto…
Top Crypto Gainers Today on DEXScreener – CHAOS, SLAP, RIZZMAS
Major crypto markets are choppy on Tuesday, but the signs that alt-coin season continues to heat up remain unmistakable, with traders rushing to the on-chain DEX markets to hunt for top crypto gainers today. Bitcoin (BTC) was last around $96,000, whilst other crypto majors like XRP (XRP), Solana (SOL) and BNB (BNB) saw swings in…
Polymarket Bettors Predict Microsoft Has 10% Chance Of Approving Bitcoin Investment
A Polymarket poll shows that bettors are giving Microsoft shareholders just a 10 percent chance of approving Michael Saylor’s bitcoin investment strategy. Polymarket Bettors Make Microsoft Shareholders’ Prediction According to the official Polymarket poll, Microsoft will vote on the Bitcoin investment plan on December 10. However, only 10 percent of Polymarket bettors who voted on…
Crypto Giving Tuesday 2024 Set To Be The Biggest Year For Donations
Cryptocurrency donations are expected to skyrocket as 2024 comes to an end. Industry experts believe this is due to numerous non-profit organizations participating in Crypto Giving Tuesday this year. This annual initiative, combined with the rising price of Bitcoin (BTC) and other cryptocurrencies, has set the stage for crypto donors worldwide to give back using…
After Popcat, The Next $1 Billion Cat Meme Coin Catslap (SLAP) Sees Price Skyrocket 143%
After the success of Popcat, could Catslap be the next $1 billion cat-themed meme coin? The $SLAP token price has skyrocketed in value 86% today and 143% in the last seven days and reclaimed $0.006 after attracting the interest not just of legions of retail investors and Slap-to-Earn players, but of professional traders and trading…