SoftBank Group Corp.’s Z Holdings Corp is planning to dive into NFT marketplaces in 180 countries by this year. This will be part of the company’s goal to expand its global business. This move also includes increasing the number of users of fintech unit PayPay to 90 million.
The super rare and unique platform for artists and celebrities, nOFTEN is launching a trade campaign with the world-class digital asset exchange, LBank. nOFTEN is a unique project that offers artists and celebrities a platform to share their raw and artistic vibe to the world without borders. nOFTEN is a bustling NFT marketplace that puts pedestals for global celebrities, independent artists and sensational creators to develop first-hand experiences for their community. The platform has amassed a lot of popularity ahead...
Current income tax rules in Singapore will apply to transactions involving non-fungible tokens (NFTs), Finance Minister Lawrence Wong reportedly said on Friday. But their application will depend on the nature and use of the token. Specifically, individuals who depend on NFT transactions or trading as a source of income will be subject to deductions, The Business Times reported. But capital gains on NFTs will not be taxed, given that the country has no such regime. The United States, which has...
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The 2021 hype behind Cardano saw the price register enormous gains. Yet, the majority of the newly arrived investors of the past year appear to be at a loss. The inability to hold on to the psychologically important level at $1 in the past couple of months meant that the asset could slide southward once again. The coin has a...
Mustafa Elitas, Deputy Chairman of the AK Party Group and Turkey’s Minister of Economy, has reportedly met with members of the Turkish Shiba Inu ($SHIB) community to discuss the adoption of the meme-inspired cryptocurrency in the country. According to a tweet shared by the country’s SHIB community, later...
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The dominance of Tether, measured by the USDT Dominance metric, stood at 4.66% at press time. It has been rising over the past few months too. In fact, this has gone hand in hand with the prices of assets across the crypto-market slumping, evidence of capital flow into stablecoins and away from risk-on assets. Avalanche has been unable to breach the...
Former Goldman Sachs executive Raoul Pal has revealed he believes that cryptocurrencies are one of the “right trades” during the “dark times” we are going through, implying their setup is now close to the one seen in March 2020. In a series of tweets shared with his over...
Decentraland’s price is currently coiling up above a crucial support level, suggesting the possibility of a move higher. The big picture also seemed to show the formation of a bottom reversal pattern. This lent credibility to the probability of a bullish breakout from the alt’s ongoing consolidation.
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