The Intangible Reasons Ethereum and Bitcoin Lead
In open-source development, where there's little privileged intellectual property, intangibles like brand and community matter more.
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Ethereum has lost just over 80% of its value since reaching an all-time high in November 2021, but some market factors point towards it reaching $3,000 again. Let’s explore the reasons that it could become a reality and not just another hype phase that the crypto market has experienced so many times. Why Will Ethereum […]
Digital currency enthusiasts might have a new reason to enjoy the Big Apple. The state of New York has recently labeled bitcoin as "intangible property," which means that any purchase or transaction made with bitcoin will not be subject to sales tax. In a recent memorandum, the New York State Department of Taxation and Finance explains: "The use of convertible virtual currency by a customer to pay for goods or services delivered in New York State is treated as a barter transaction. For sales tax purposes, convertible virtual currency is intangible property. Since the purchase or use of....
JPMorgan Blockchain Lead Christine Moy has been promoted to lead the bank’s Ethereum-based Interbank Information Network (INN).
The price of Ethereum (ETH) hit $500 on Binance for the first time since July 2018. The timing of the ETH rally is noteworthy because it comes merely two days after it dropped to $456. Within two days, from its lowest point on November 18, ETH has rallied by nearly 10%. Several key reasons appear […]
Solana has been gradually creeping up behind Ethereum even before the crypto winter began. The network had grown in popularity among non-fungible token (NFT) and decentralized finance (DeFi) users who had been fleeing Ethereum due to the high cost of transacting on the network. Nevertheless, Ethereum had managed to maintain its lead ahead of Solana. […]