The Argentine government, presided by Javier Milei, has resolved to drop the tax opportunities for crypto in the omnibus bill presented to Congress. The bill allowed taxpayers to declare the ownership of some previously undeclared assets, with crypto also included, reducing the payments and fees for this task. Argentine Government Excludes Crypto Opportunities From Omnibus […]
Bitcoin Network’s Mining Difficulty Drops 3.9% to 70.34 Trillion, Easing Miner Workload Amid Texas Cold Snap
On Saturday, the Bitcoin network experienced its first difficulty reduction of the year, witnessing a 3.9% decrease at block height 826,560. As a result, the network’s mining difficulty now stands at 70.34 trillion, with the next adjustment anticipated on Feb. 4, 2024. Bitcoin Difficulty Slips to 70.34 Trillion, Lightening Load for Miners Mining bitcoin (BTC), […]
Frog-Inspired Meme Token PEPE Drops to Fifth Place Amidst Dog-Centric Competition
While the meme coin pepe (PEPE) has risen by 29% in the last month and boasts a significant increase since its inception, a six-month review reveals a decline of over 8% in its value. Furthermore, despite its previous standing as the third-largest meme token in terms of market capitalization, PEPE has now slipped to the […]
Bitcoin’s Difficulty Drops for First Time Since September
The latest figures reveal that on Dec. 9, 2023, at block height 820,512, Bitcoin experienced a 0.96% decrease in its difficulty rating. This decline marks the first since Sept. 19, 2023, interrupting a streak of six successive difficulty hikes. Concurrently, Bitcoin’s total hashrate has shown a downward trend over the last six days. Bitcoin Hashrate […]
Crypto Exchange Binance Drops Abu Dhabi License Application as Global Needs Shift
Crypto exchange Binance has withdrawn its application for a license in Abu Dhabi. “When assessing our global licensing needs, we decided this application was not necessary,” a Binance spokesperson stated, adding that the company plans to continue to work with regulators “to provide world-class services and offerings in the Middle East and beyond.” Binance Says […]