Three Under-the-Radar Altcoins Soar After Leading Cryptocurrency Exchange Binance Rolls Out Trading Support

The price of three small-cap altcoins soared on Friday after Binance added trading support for the crypto assets. The world’s leading crypto exchange by trading volume listed aixbt by Virtuals (AIXBT), ChainGPT (CGPT) and Cookie DAO (COOKIE). CGPT, the native asset of ChainGPT, a web3 artificial intelligence (AI) infrastructure project, saw particularly pronounced gains, rising…

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This new low-cap crypto is ready to follow in the footsteps of Solana (SOL) and Avalanche (AVAX)

Solana (SOL) and Avalanche (AVAX) are showing green price charts in the crypto market. Even market analysts like Crypto Patel and Armando Pantoja have made bullish price predictions about them. However, another project is starting to steal the spotlight. This is Lunex Network (LNEX) – a small-cap DeFi coin currently on pre-sale, attracting retail and…

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Trump victory prompts more financial advisors to consider crypto investments: survey

A recent Bitwise survey found growing interest in cryptocurrencies among US-based financial consultants following Donald Trump’s return to the White House. The results indicate that 56% of respondents are now more inclined to invest in crypto due to the results of the 2024 US elections. Increase in Crypto Allocation and Interest THE studyconducted between November…

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U.S. Rep. Bryan Steil to Chair House Subcommittee on Cryptocurrencies

A Wisconsin congressman will lead the House subcommittee on digital assets, financial technology and artificial intelligence. Bryan Steil, a Republican representing the 1st Congressional District in southeastern Wisconsin, was appointed on the docket Thursday. Its subcommittee’s purview includes things like mobile banking and non-fungible tokens, or NFTs. This will also be the first step in…

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Crypto adoption soars in Asia as China leads coin trading

Asia dominates the global cryptocurrency market, accounting for 60% of global cryptocurrency users and contributing the largest share of global liquidity. New research from Foresight Ventures and Primitive reports these findings. Five Asian countries, including India, Indonesia and Vietnam, rank among the top 10 in the 2024 Global Crypto Adoption Index. Asia Leads Global Crypto…

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It’s crypto tax season, and changing rules mean the devil is in the details

With the holidays over, everyone’s other favorite time of year is fast approaching: tax season. For crypto investors, this can bring its own set of unique headaches. Changing rules and industry jargon can make reporting cryptocurrencies to the IRS time-consuming and arduous. For starters, the agency has its own understanding of what cryptocurrency is and…

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