In the rapidly evolving world of cryptocurrency, few names stand out as prominently as Scott Matherson. As a crypto writer for NewsBTC, Scott has carved a niche for himself by offering insightful analysis on market trends, technological innovations, and regulatory shifts. His background in banking and investment equips him with a unique perspective on the
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In a groundbreaking move, the United Arab Emirates (UAE) has announced a significant exemption for cryptocurrency transactions from the existing 5% value-added tax (VAT). This initiative, part of an amendment to the Executive Regulation of the Federal Decree Law on VAT, aims to spur growth within the burgeoning digital asset market. Effective from November 15,
The world of cryptocurrency has always been a fertile ground for both innovation and cautionary tales. Recently, popular rapper Cardi B, known for her chart-topping hits and charismatic personality, has become embroiled in the complexities of the cryptocurrency market with the promotion of a meme coin named after her iconic song, “WAP.” While the promotion
The Open Network (TON), originally conceived as the Telegram Open Network, has evolved since its tumultuous inception. Launched alongside Telegram, a popular messaging platform, the project faced significant obstacles that hindered its progress in the early stages. Initially intended as a fully integrated cryptocurrency solution for Telegram users, the project lost momentum as Telegram shelved
On October 7, 2024, Bitget’s BGB token experienced a dramatic drop in value, plummeting by 50% within a matter of hours. This sudden decrease sent ripples through the cryptocurrency community, raising concerns among investors and platform users alike. The token’s price fell from $1.14 to $0.64 before beginning a slow recovery. Such extreme volatility in
The landscape of gaming is undergoing a transformative shift, driven by blockchain technology and the emergence of Web3. This evolution is not solely about enhancing gameplay but also about redefining ownership, economy, and governance within games. As we approach the end of 2024, various tokens have stepped into the spotlight, playing crucial roles in decentralized
Cryptocurrency has revolutionized the financial landscape over the past decade, transforming traditional concepts of currency, ownership, and value transfer. As this dynamic environment continues to grow, so does the need for knowledgeable writers who can simplify the complexities inherent in digital assets. One such individual making waves in the crypto journalism space is Semilore Faleti,
As we traverse through 2023, the cryptocurrency landscape is abuzz with speculation surrounding Bitcoin’s potential to reach the significant milestone of $100,000 by the end of the year. Leading crypto analyst Ash Crypto is among those who foresee this upward trajectory, supported not just by historical patterns, but also by real-time economic factors that could
In the rapidly evolving landscape of cryptocurrency, the Hong Kong Securities and Futures Commission (SFC) is poised for a pivotal change by potentially expanding its licensing regime for digital asset businesses by the close of 2023. This evolution is underscored by the recent designation of HKVAX as the third officially licensed crypto exchange within the
Japanese firm Metaplanet, listed on the Tokyo Stock Exchange, is making headlines with its latest acquisition of 108.786 Bitcoins, amounting to approximately 1 billion yen or $6.7 million. This acquisition not only reinforces its position as a significant player in the cryptocurrency arena—often dubbed Japan’s MicroStrategy—but also accentuates its bullish outlook on Bitcoin. Following this
