Ethereum News

Portugal Set To Prepare Crypto Tax Rules Contrary To Crypto Tax Haven Perceptions

The rise in crypto adoption has brought taxation, sometimes even before the government forms clear rules to protect users in the space. Long regarded as one of the last crypto tax havens in Europe, Portugal is on the brink of shedding the label as the government prepares a tax framework for the asset class. Portugal…

Ethereum News

Is Ethereum worth buying after the crash? Yes, here’s why!

The cryptocurrency market has been consolidating for the past few days. Just like most cryptos, Ether reached its strong support zone delimited by a price of $1,800 and the psychological price of $2,000. Now that prices adjusted heavily and the dump seems to be over, investors are prepping to enter the market again. This comes…

Ethereum News

Azuki NFT Trading Volume Soars Even As Anonymous Creator Is Linked With Sketchy NFT Projects

Azuki NFTs have risen to become one of the most lucrative NFT projects joining the likes of the Bored Ape Yacht Club and CryptoPunks. However, Azuki NFT holders may be in for some turbulent times as the project creator known only as Zagabond revealed his involvement in 3 abandoned crypto projects. NFT Community In Uproar…

Ethereum News

Ether Sees Largest Amount Of Whale Transactions Since January — A Major Relief Rally On The Horizon?

Ethereum continued to reel under a broader market sell-off, after losing over 57% of its total value and shedding over 32% in the past 7 days. As of writing, the second largest crypto asset by market cap is trading at $2,079 after losing the $2,000 support earlier today and has had a 19.98% markdown in…

Ethereum News

Ethereum Crash lower than $2,000! Will Ethereum reach 0 $?

The crypto crash was a harsh one for Ethereum and the entire cryptocurrency market. Many failures in the crypto sphere affected the price. To top all of that, a massive selling pressure became a mere selling snowball effect, crashing all cryptocurrencies, even stablecoins! What will happen to Ethereum now that its prices broke $2,000 lower?…

Ethereum News

Blue Chip NFTs 101 – What Is The Proof Collective And Who’s Behind It?

The mysterious organization known as The Proof Collective defines itself as “a private members only collective of 1,000 dedicated NFT collectors and artists.” To join the Proof Collective someone would have to, you guessed it, own their NFT. So, in theory, anybody can be a part of it. In practice, though, the floor price for…

Ethereum News

Ethereum, Polygon, Solana NFTs Finally Coming To Over 3 Billion Facebook and Instagram Users

NFTs have risen in cultural symbolism and importance since taking center stage in 2021 and, as such, have seen massive adoption and integration. Furthermore, a long-awaited integration of NFTs with social media platforms Instagram and Facebook is on the horizon. Instagram’s Integration Of NFTs Closer Than You Think According to confirmed reports, social media platform,…

Ethereum News

Bitcoin, Ether Flash “Bottoming Out” Signal As Whale Transactions Hit Multi-Year Highs

Despite signaling a recovery on Wednesday following the Fed raising interest rates, Ethereum, alongside Bitcoin and other cryptocurrencies tumbled on Thursday in a classic “buy the rumor sell the news” fashion, carrying on a losing streak that has eclipsed the entire crypto market beginning late March. As of writing, ETH is trading at $2,556, down 47%…

Ethereum News

‪Ethereum Dominates NFT Market With $8.5 Billion In Q1 2022 Sales

Key Takeaways Messari reports that NFT secondary market sales reached new ATH in Q1. Ethereum continued to outperform in NFT sales volume. Despite recent reduced sales, NFT adoption is breaking new ground. The Non-Fungible Token (NFT) market has extended strides made last year into 2022. In Q1 of the year, the NFT market reached a…