Author: Kryptonews
Crypto transactions are becoming more common in Nigeria, from everyday trading to business payments. As crypto use continues to grow, the government is taking steps to bring it into the country’s tax system. With this new move, crypto transactions are no longer operating in a grey area. What the New Law Is About Nigeria has passed a new tax law that links crypto activity to Tax Identification Numbers (TIN) and National Identity Numbers (NIN). The idea is to ensure that crypto can be traced for tax purposes while maintaining blockchain security and integrity. The government holds crypto platforms liable rather…
In the world of Blockchain, we often face a paradox: All data is public, yet Smart Contracts are “blind” to their own history. While Smart Contracts excel at managing the current state, they are notoriously inefficient at accessing past data.This is where Brevis steps in. Often described as the “key” to unlocking the blockchain black box, Brevis promises to bring Infinite ZK Compute capabilities to decentralized applications.What is Brevis? Brevis is a Smart ZK Coprocessor. It empowers Smart Contracts to read complete historical data across blockchains and perform custom computations in a completely decentralized (trust free) manner. Unlike Layer 2 solutions that…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As the price of Ethereum slowly picks up pace following a brief rebound, a significant portion of the leading altcoin is currently being locked away in staking activity. Many institutions, such as Bitmine Immersion, have ventured into ETH staking, demonstrating the growing faith and interest in the investment method. Bitmine’s Ethereum Staking Gets A Boost In the burgeoning cryptocurrency market, Bitmine Immersion, a leading public company, continues to make decisive steps into the growing Ethereum ecosystem. Bitmine Immersion’s step into the ecosystem is evidenced by the company’s…
The crypto market is heating up with memecoins leading the charge. Shiba inu news shows the token climbing despite exchange reserves hitting concerning levels, while pepe price prediction models point to explosive 50% weekly gains that have traders buzzing. Yet both coins face a critical weakness: they’re pure speculation plays with zero physical infrastructure backing their value.What if a project combined that memecoin excitement with something you could actually hold in your hands? Zero Knowledge Proof isn’t just another token, it’s building an army of physical “Proof Pod” devices that secure its network while printing passive income for owners. These…
BitMine, the largest corporate holder of Ethereum, has successfully staked 1.53 million ETH, a position valued at more than $5 billion.This massive allocation captures approximately 4% of all staked ETH and has effectively forced the network into a new phase of institutional stress testing.Consequently, the total amount of Ethereum locked in the blockchain’s beacon chain has pushed to a fresh all-time high of more than 36 million ETH. Notably, this figure accounts for nearly 30% of the network’s circulating supply. Related ReadingEthereum’s crash just exposed a $4B time bomb — why regular investors should pay attentionAs Ethereum’s price falters, BitMine…
Markets rarely move in isolation, and today’s crypto landscape proves it again. U.S. consumer prices rose 2.7% year-on-year in December, matching expectations, while monthly inflation printed 0.3%, calming immediate macro fears. Bitcoin reacted instantly, spiking to $92,500 before trimming gains, and now sits 1.7% higher over 24 hours as traders price in a 95% probability that the Federal Reserve holds rates steady at its January meeting. This kind of environment often reshapes capital flows across Best Crypto assets, from established giants to early-stage opportunities. While Bitcoin news today continues to dominate headlines and Ethereum strengthens its role as the backbone…
Key points:Bitcoin is showing considerable strength in the short term, opening the gates for a rally to $100,000 and then to $107,500.Select major altcoins are showing strength, but Monero (XMR) is leading from the front.After the sharp rally on Tuesday, Bitcoin (BTC) bulls are attempting to extend the gains above $97,000. The strong inflows of $753.8 million in BTC exchange-traded funds on Tuesday, according to Farside Investors data, show that the rally was backed by solid buying from institutional investors.Crypto sentiment platform Santiment said in a post on X that retail traders may FOMO if BTC begins “teasing $100k in…
Digital asset manager Bitwise has listed seven crypto exchange-traded products denominated in Swedish krona on Nasdaq Stockholm, giving Swedish investors regulated exposure to Bitcoin, Ether and Solana.According to a Wednesday announcement, the SEK-denominated ETPs are available to retail and professional investors through existing brokerage accounts and may qualify for Sweden’s tax-advantaged ISK savings structure, depending on the platform.The listings include the Bitwise Core Bitcoin ETP, spot Bitcoin (BTC) and Ether (ETH) products backed by institutional custody, as well as staking-linked ETPs tied to ETH and Solana (SOL). Bitwise also listed a diversified MSCI Digital Assets Select 20 ETP tracking the…
Three more paintings by PBS icon Bob Ross are going up for sale at Bonham’s at the end of the month, as part of a group of 30 such works being sold to raise money for the beleaguered public-broadcasting entity American Public Television (APT). ˆThe three works will be on offer in the “Americana: Crafting a Nation: Art, History & Legacy” sale in Marlborough, Massachusetts, on January 27, with estimates for the three reaching up to $155,000. Last year, Bonhams was consigned to sell 30 works by Ross, the Joy of Painting host whose status as the brush-wielding artist with…
XRP trades back above $2, and soaring institutional investor flows suggest the altcoin’s rally is just getting started.XRP (XRP) is holding above $2, but the move has yet to confirm a bullish shift, with a stronger technical validation expected at higher levels, according to an analyst.Key takeaways:XRP reclaimed its 50-day moving average in early January, signaling early signs of a trend reversal.Institutional flows into XRP were the highest last week, diverging sharply from the market, which saw heavy outflows during the same period.Onchain volume metrics suggest XRP’s move above $2 is driven by balanced participation rather than speculative excess.XRP investment…
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