Bitcoin Dips Below $60,000 Amid Continued Market Corrections

The price of Bitcoin has dropped significantly today, falling below $60,000 during early U.S. trading. This represents a significant change from the brief peak of $64,000 it reached earlier in the day. Currently, Bitcoin is valued at around $60,200, reflecting a 3% decrease over the past 24 hours – its lowest point since early March. … Read more

Worldcoin announces World Chain to address network congestion

This summer, Worldcoin – a identification system that uses iris scanning for verification – intends to debut its own blockchain named World Chain, which will be built on Optimism’s OP Stack technology. The introduction of World Chain aims to resolve traffic problems on its existing network, since around 43% of all transactions taking place on … Read more

IRS Expects A Surge in Crypto Tax Crimes

According to Guy Ficco, head of investigations at the US Internal Revenue Service (IRS), the agency anticipates an increase in instances of cryptocurrency tax evasion in the current tax year. At the Chainalysis Links event, Guy Ficco, head of criminal investigation at the US Internal Revenue Service (IRS), told CNBC that they anticipate discovering more … Read more

Bitcoin drops below $60k, traders liquidate $115m in 4 hours

The price of Bitcoin immediately dropped below the $60,000 level as the halving approaches. Based on information from CoinMarketCap, Bitcoin’s (BTC) price has dropped by over 3% within the last 24 hours and is currently valued at around $59,800. The trading volume for cryptocurrencies has also decreased by approximately 12%, reaching roughly $40 billion. Traders … Read more

MetaWin Announces Innovative TOKENIZED Tesla Cybertruck Contest on Ethereum’s Base Layer 2 Blockchain

London, UK, April 17th, 2024, Chainwire In an innovative first for the industry, MetaWin and law firm BCLP have teamed up to convert a Tesla Cybertruck into a digital asset. By tokenizing the vehicle and securing it with a legally binding contract, they’ve created a Non-Fungible Token (NFT) that symbolizes complete ownership of The Cybertruck. … Read more