Messari, the CEO of the analyst firm, believes the Biden administration proposed capital gains tax hike could spur growth in the DeFi (decentralized finance) and cryptocurrency sectors. Ryan Selkis believes that with plans to increase the federal capital gains tax rate to 43.4% from its current level of 23.8%, investors may turn their attention to […]
After several days of falling, XRP managed to gain a foothold above the $1 mark. The cryptocurrency is losing sensitivity to SEC allegations as the community supports the company in a case against the regulator. Ripple Labs has been in a clash with the Securities and Exchange Commission (SEC) for several months now. However, this […]
According to Reuters, the main altcoin and the second largest cryptocurrency in the world by capitalization, ETH, has reached a record price point of $ 2,713. Danny Kim, the head of the income department of crypto broker SFOX, explained that the price increase was influenced by reports, stating that the European Investment Bank plans to […]