The firm's revenue increased by 25.25% to $497.2 million in the first nine months of 2022.
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Bitcoin Depot says SPAC merger will continue as planned after solid revenue growth
The firm's revenue increased by 25.25% to $497.2 million in the first nine months of 2022.
Italy to impose 26% capital gains tax on crypto profits
The 26% capital gains tax will be imposed on cryptocurrency trading profits larger than 2000 euros ($2,062.3).
Italy to impose 26% capital gains tax on crypto profits
The 26% capital gains tax will be imposed on cryptocurrency trading profits larger than 2000 euros ($2,062.3).
Bitcoin price volatility expected ahead of Friday’s $430M BTC options expiry
Here is why Bitcoin bears stand to profit from this week’s $430 million BTC options expiry.
Bitcoin price volatility expected ahead of Friday’s $430M BTC options expiry
Bitcoin (BTC) has been stuck below the $18,600 resistance for the past 19 days and while bears successfully breached the $16,000 support on Nov. 21, the 8% range is pretty narrow for an asset class with 60% annualized volatility.
This gives investors good reason to doubt that BTC price will hold its current gains leading into the $430 million BTC options expiry on Dec. 2.
Bitcoin/USD price index, 12-hour chart. Source: TradingViewInvestors are still unsure about whether $15,500 was the Bitcoin bottom and the consequences of the FTX and Alameda Research demise continue to emerge. The latest contagion victim was Auros Global, an algorithmic trading and market-making firm, which missed a repayment on a decentralized finance loan.
Regulatory uncertainty also continues to limit Bitcoin's price ascension, especially after United States Senator Elizabeth Warren reinforced the importance of blocking direct exposure of the insured financial institutions and the "highly speculative activity, highly leveraged, and vulnerable" crypto space.
Considering these risks, it seems essential that bulls defend $17,000 ahead of the Dec. 2 options expiry.
Rostin Behnam points to CFTC-regulated LedgerX as success story amid FTX collapse
"The customer property at LedgerX — the CFTC regulated entity — has remained exactly where it should be, segregated and secure," said Rostin Behnam in a hearing on FTX's failures.
Solana-based market maker integrates Stripe for fiat-crypto transactions
The Solana-based automated market maker Orca opened up fiat purchases and fiat-to-crypto transactions through a new integration with Stripe’s onramp.
Crypto and Capitulation — Is there a silver lining? Watch Market Talks on Cointelegraph
Join us as we discuss the current state of the crypto market and whether there could actually be a silver lining to capitulation. Hosting the show will be Ray Salmond, head of markets at Cointelegraph, and our special guest this week is Magdalena Gronowska.
Crypto and Capitulation — Is there a silver lining? Watch Market Talks on Cointelegraph
Join us as we discuss the current state of the crypto market and whether there could actually be a silver lining to capitulation. Hosting the show will be Ray Salmond, head of markets at Cointelegraph, and our special guest this week is Magdalena Gronowska.
DEX token GMX rallies 35% after beating Uniswap on trading fees for the first time
The price of GMX rallied to its second-highest level in history on Dec. 1 as traders assessed the decentralized exchange's ability to evolve as a serious competitor to its top rival Uniswap (UNI).
GMX established an intraday high of $54.50 in a recovery that started on Nov. 29 from $40.50. Its rally's beginning coincided with crypto research firm Delphi Digital's tweet on the GMX decentralized exchange, as shown below.
GMX/USD four-hour price chart. Source: TradingViewGMX beats Uniswap in fees for the first time
Notably, GMX had earned about $1.15 million in daily trading fees on Nov. 28, which surpassed Uniswap's $1.06 million trading fees on the same day.
GMX Flipped Uniswap in Daily Fees on Nov. 28. Source: Delphi DigitalThis seemingly renewed buying sentiment in the GMX market, helping its price rally 35% to $54.50 afterward.
Moreover, GMX also benefited from the growing discontent against centralized exchanges in the wake of the FTX collapse. The decentralized exchange's revenue rose by 107% to $5 million in November, boosted by a 128% increase in annualized trading volume and a 31% rise in daily active users.
DEX token GMX rallies 35% after beating Uniswap on trading fees for the first time
The price of GMX rallied to its second-highest level in history on Dec. 1 as traders assessed the decentralized exchange's ability to evolve as a serious competitor to its top rival Uniswap (UNI).
GMX established an intraday high of $54.50 in a recovery that started on Nov. 29 from $40.50. Its rally's beginning coincided with crypto research firm Delphi Digital's tweet on the GMX decentralized exchange, as shown below.
GMX/USD four-hour price chart. Source: TradingViewGMX beats Uniswap in fees for the first time
Notably, GMX had earned about $1.15 million in daily trading fees on Nov. 28, which surpassed Uniswap's $1.06 million trading fees on the same day.
GMX Flipped Uniswap in Daily Fees on Nov. 28. Source: Delphi DigitalThis seemingly renewed buying sentiment in the GMX market, helping its price rally 35% to $54.50 afterward.
Moreover, GMX also benefited from the growing discontent against centralized exchanges in the wake of the FTX collapse. The decentralized exchange's revenue rose by 107% to $5 million in November, boosted by a 128% increase in annualized trading volume and a 31% rise in daily active users.
Socios boss’ goal? To knock crypto out of the park
What is a sports fan’s dream come true? To be the announcer at an AC Milan home game, in front of 75,000 roaring Rossoneri fans?
To play a football match on the hallowed turf of your beloved FC Barcelona?
To tour the garage of an F1 team pre-race, then watch the Monza Grand Prix from a VIP box?
These are some of the biggest rewards handed out as incentives to join Chiliz, or CHZ-based, fan token schemes on Socios.com. There are also lesser, but still desirable prizes, like meeting your sports idols, choosing the music to be played when your team scores a goal, or voting on the design of next year’s team strip.
Socios.com has now partnered with over 170 sporting clubs across 25 countries and 10 sports, including American football, soccer, basketball, cricket, esports, ice hockey, mixed martial arts, motorsports, tennis and rugby. Eighty of these organizations have already launched their official fan tokens on the Socios.com app, and it has high-profile deals with giants, such as Manchester City, Barcelona and the Aston Martin F1 Team.
Socios boss’ goal? To knock crypto out of the park
What is a sports fan’s dream come true? To be the announcer at an AC Milan home game, in front of 75,000 roaring Rossoneri fans?
To play a football match on the hallowed turf of your beloved FC Barcelona?
To tour the garage of an F1 team pre-race, then watch the Monza Grand Prix from a VIP box?
These are some of the biggest rewards handed out as incentives to join Chiliz, or CHZ-based, fan token schemes on Socios.com. There are also lesser, but still desirable prizes, like meeting your sports idols, choosing the music to be played when your team scores a goal, or voting on the design of next year’s team strip.
Socios.com has now partnered with over 170 sporting clubs across 25 countries and 10 sports, including American football, soccer, basketball, cricket, esports, ice hockey, mixed martial arts, motorsports, tennis and rugby. Eighty of these organizations have already launched their official fan tokens on the Socios.com app, and it has high-profile deals with giants, such as Manchester City, Barcelona and the Aston Martin F1 Team.
Socios boss’ goal? To knock crypto out of the park
What is a sports fan’s dream come true? To be the announcer at an AC Milan home game, in front of 75,000 roaring Rossoneri fans?
To play a football match on the hallowed turf of your beloved FC Barcelona?
To tour the garage of an F1 team pre-race, then watch the Monza Grand Prix from a VIP box?
These are some of the biggest rewards handed out as incentives to join Chiliz, or CHZ-based, fan token schemes on Socios.com. There are also lesser, but still desirable prizes, like meeting your sports idols, choosing the music to be played when your team scores a goal, or voting on the design of next year’s team strip.
Socios.com has now partnered with over 170 sporting clubs across 25 countries and 10 sports, including American football, soccer, basketball, cricket, esports, ice hockey, mixed martial arts, motorsports, tennis and rugby. Eighty of these organizations have already launched their official fan tokens on the Socios.com app, and it has high-profile deals with giants, such as Manchester City, Barcelona and the Aston Martin F1 Team.
Party-to-earn: Blockchain breaking down the doors in electronic music community
With access getting more exclusive and ticket prices rising, electronic music fans are at the heart of a new push to rebalance the scene.