The cryptocurrency market was shaken at the beginning of this week by a spectacular drop in the price of Bitcoin, which fell below the $62,500 mark. This steep decline led to the liquidation of over 60,000 traders, causing major disruptions in the crypto ecosystem. Why such a drop?
The crypto space is buzzing with the announcement of the upcoming launch of spot Ethereum (ETH) ETFs. One of the most influential figures in the industry, Andrew Kang, founder of Mechanism Capital, recently shared his forecasts regarding the impact of this news on the price of Ether. According to him, Ethereum could undergo a drastic drop of 30%, sparking strong reactions and intense speculation among investors.
Between revolutionary announcements, technological advancements, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovation and a battlefield of regulatory and economic challenges. Here is a summary of the most significant news of the past week around Bitcoin, Ethereum, Binance, Solana, and Ripple.
McKinsey predicts a $4 trillion market for tokenized real assets (RWA)! A crypto revolution on the horizon.
The crypto market is safe to say swimming in bearish waters as all major coins are trading heavily in red. Investor’s insecurities are rising because there are no solid signs of market recovery.
Solana reaches a new milestone in blockchain innovation by launching Zero Knowledge Compression (ZK). This feature promises to significantly reduce costs and improve scalability for developers, marking a major turning point in the crypto ecosystem.
The recent legal victory of Ripple Labs against the Securities and Exchange Commission (SEC) did not have the expected effect on the price of XRP. Despite this favorable decision, the crypto remains struggling in the market.
The Bybit report reveals why Bitcoin is preferred over stablecoins by crypto giants.
Staking cryptocurrencies is an increasingly popular practice among investors seeking passive income. By locking their digital assets to support the operation of a blockchain network, they can receive regular rewards. However, in France, these incomes are subject to tax, and it is essential to understand the legislation to avoid unpleasant surprises. This article deciphers the tax obligations related to staking, explores recent developments in the finance law, and provides practical advice for optimal tax management.
Staking cryptocurrencies is becoming increasingly popular among investors looking to profit from their digital assets. By locking up cryptos to support the functioning of a blockchain network, investors receive rewards in return that increase their digital portfolio. However, these rewards are not exempt from tax obligations and must be declared like any other type of income. This article will guide you through the tax implications of staking and provide a detailed procedure for declaring these incomes.