Think Ethereum is going to morph into a deflationary asset over night? Not so fast! Source …
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Cash App’s quarterly Bitcoin revenue triples despite BTC impairment loss for Square
Jack Dorsey’s Square made more than 90% more gross profit than the same period last year, with $546 million coming from Cash App’s Bitcoin services. Source …
Bitcoin accumulation accelerates among ‘whales’ and ‘fish,’ while BTC rallies to $40K
“This is just on-chain sentiment, though. The big question is, how does that correlate to the price action in general?” Source …
Mining firm wants to help taxpayers avoid obligations by sending proceeds to IRAs
The IRS has considered crypto mining revenue as part of taxable income since 2014. Source …
Nano seeks $700K in costs from plaintiff who dropped class action with ‘absurd’ claims
The ongoing Nano saga has taken another twist with a token holder dropping his case. Source …
Gone in 31 seconds: Yield Guild Games’ IDO raises $12.5M from just 32 participants
The $12.6 million initial DEX offering of play-to-earn collective, Yield Guild Games, sold out in just 31 seconds to just 32 participants. Source …
Global crypto ATM installations have increased by 70% in 2021
2021 has seen the installation of over 10,000 new crypto ATMs worldwide, with the United States taking the lead. Source …
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