CoinRegWatch

Following a challenging week, the cryptocurrency market has shown signs of recovery, with *BTC* exchange-traded funds (ETFs) registering positive net inflows after five consecutive days of negative balances. This turnaround reflects a renewed investor confidence in the market. All ten Bitcoin ETFs recorded minor fluctuations, each experiencing single-day inflows or outflows under $55 million. Notably,…

Injective Protocol, a blockchain platform dedicated to decentralized finance (DeFi) and derivatives trading, is currently at the center of attention. The platform’s proposed upgrade, Injective 3.0, aims to revolutionize its tokenomics by introducing deflationary measures for INJ. This upgrade seeks to address the issue of token inflation, a common challenge faced by many DeFi tokens,…

The US Internal Revenue Service (IRS) has unveiled the early draft of a tax form for reporting income from cryptocurrency transactions. The newly released Form 1099-DA, tagged as “Digital Asset Proceeds from Broker Transactions,” is currently open to comments from relevant stakeholders in anticipation of its final version by the IRS. IRS Aims To Launch…

Singapore, Singapore, April 18th, 2024, Chainwire At the Dubai Press Conference, Aethir Edge debuted as the pioneering edge computing device and the first authorized mining machine of Aethir, one of the industry-leading decentralized cloud computing infrastructure providers, alongside Qualcomm. It enables users to mine 23% of Aethir’s native token $ATH supply. Integrated with a distributed…

Avalanche and Filecoin backers are looking to DeeStream to magnify their earning potential, as their current investments aren’t performing up to snuff. Avalanche and Filecoin are both down month-over-month and have little in the way of interesting future projects, so investors are looking for something fresh. DeeStream is a decentralized video streaming platform that will…

TL;DR Cat in a Dogs World (MEW), a meme coin on the Solana blockchain, has notably increased by 60% in a week, supported by new trading options on the OKX exchange and significant investments from large-scale investors. The potential for MEW to become the top Solana-based meme coin is uncertain, influenced by market trends and…

The Worldcoin Foundation is launching the Layer-2 blockchain, World Chain, which will integrate novel authentication methods and prioritize human users to address scalability issues and enhance network efficiency. World Chain: A Layer 2 Blockchain Solution The Worldcoin Foundation, in collaboration with Tools for Humanity, has announced the launch of World Chain, a Layer 2 blockchain…

Uniswap’s native token, UNI, has been struggling in terms of its price action over the past few weeks. Although the general state of the crypto market may be blamed for this gloomy price performance, other factors, such as the Wells Notice from the US Securities and Exchange Commission (SEC) to the Uniswap protocol, have also…

Bulls still dominate today’s session, as evidenced by the increase in the global market cap. The total cap stood at $2.34 as of press time, representing a 1.98% increase over the last 24 hours. The trading volume also jumped by 23% to stand at $11B as of press time.  Bitcoin Price Review Bitcoin (BTC) has…

Despite the number of financial markets one may have come across, FX will obviously come at the top, no matter how many charts you see, largely due to its sheer value offerings, as its daily trading volumes have also indicated. But such value has its own drawbacks, which take the form of numerous learning curves…