Nonprofits are required to file IRS Form 8282 for crypto donations of $500 or more if donated funds are exchanged for the U.S. dollar. Engiven, an enterprise cryptocurrency donation platform, is working to simplify tax reporting for cryptocurrency donors and nonprofits by launching a tax form and appraisal service for crypto donations. The Engiven platform...Continue Reading
Metaverse Fashion Week demonstrated how brands and designers can further engage with consumers using NFTs. The Metaverse may be an emerging concept, but the impact that virtual game-like worlds can have on the trillion-dollar retail industry was recently demonstrated during Metaverse Fashion Week (MVFW). This entirely virtual experience was held from March 24–27, 2022, in...Continue Reading
$48,000 is hit for the first time this year, with previously cautious commentators increasingly flipping bullish. Bitcoin (BTC) gave $48,000 a second grilling on March 29 after a modest overnight correction provided welcome respite from upside. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader has “strong doubts” over crash below $30,000 Data from Cointelegraph Markets...Continue Reading
Vietnam has had quite a love and hate relationship with the crypto market, where it has authorized and banned Bitcoin use on numerous occasions in the past. Le Minh Khai, the deputy prime minister of Vietnam has issued a notification to the finance ministry, asking them to explore and amend laws to build a legal...Continue Reading
The second-largest Italian bank would have to pay $144 million in compensation to the mining farm, the judge rules. Italy’s second-largest bank UniCredit and the Bitcoin (BTC) mining farm Bitminer Factory have faced each other in the Bosnian city Banja Luka court, which decided that the bank improperly closed the company’s account and must compensate...Continue Reading
LUNA price chart technicals are hinting at a possible 50% price drop in the coming weeks, however. Terra (LUNA) rose to its best level to date on March 29 as the Luna Foundation Guard’s (LFG) plans to increase its Bitcoin (BTC) reserves eased anxiety about the impact of an increasingly hawkish Federal Reserve and the...Continue Reading
Bitcoin will always experience highs and lows, but how do investors reliably combat any market downturns? Weathering crypto storms One crypto seasonality solution exists in the form of continually accumulating assets. While there might be multiple solutions to crypto seasonality, one crypto startup, Seasonal Tokens, is developing a potentially safer alternative to traditional trading methods....Continue Reading
A Bitcoin mining facility in Slovakia converts human and animal waste into Bitcoin hash rate, securing the network while mining Bitcoin. Next time someone tries to poo-poo the renewable credentials of Bitcoin (BTC) mining, remember AmityAge Mining Farm. Founded by Gabriel Kozak and Dušan Matuska, the Bitcoin mining facility uses human and animal waste to...Continue Reading
WisdomTree has launched multiple crypto ETPs in Europe and continues efforts to launch a spot Bitcoin ETF in the United States. The American exchange-traded fund (ETF) provider WisdomTree continues expanding its cryptocurrency products in Europe by launching three new crypto exchange-traded products (ETP) backed by Solana (SOL), Cardano (ADA) and Polkadot (DOT). WisdomTree announced Tuesday...Continue Reading
In partnership with LegitDoc, the Maharashtra government is in the process of rolling out 65,000 caste certificates to aid the process of delivering governmental schemes and benefits. The Government of Maharashtra, one of India’s state governments, has started issuing caste certificates over the Polygon blockchain to citizens residing in Etapalli village, Gadchiroli district, as a...Continue Reading
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