Finland’s Tax authority has found profits from sales of unreported crypto gains in 2023, amounting to €30 Million ($31.9 million). As a result, the EU nation has mandated reporting of income from the sale of mining digital assets. Per a report from a local media outlet Verkkouutiset, in line with the tax supervision following the...
Slightly higher Canadian futures point to a positive start for the Canadian market Tuesday morning. Encouraging economic data from Europe may also aid sentiment. Once again, weak commodity prices could limit market\'s upside. Key U.S. growth and inflation data remain on investors\' radar ahead of the next Federal Open Market Committee meeting on April 30-May...
Terraform Labs and its founder, Do Kwon, are facing hefty financial trouble after the United States Securities and Exchange Commission (SEC) filed a motion on April 19. The SEC is demanding $5.3 billion in fines following the commission’s win in its civil Terra-Luna case against the crypto mogul. Terraform Labs And Founder Facing Billions In...
The Nvidia stock and Bitcoin are two assets that stand out for their potential and volatility in the landscape of investment opportunities. Both have had their share of dramatic rises and falls, sparking debates among investors about their viability and future growth. This article aims to explore the performance and potential of each, helping investors decide which asset might...
While reporting financial results for the first quarter on Tuesday, clean energy company NextEra Energy, Inc. (NEE) reaffirmed its adjusted earnings guidance for the full year 2024, 2025 and 2026. The company continues to expect adjusted earnings for fiscal 2024 in the range of $3.23 to $3.43 per share. On average, 20 analysts polled by...
PayPal unveiled a new program to encourage low-carbon Bitcoin mining on April 22. The payment giant plans to reward cryptocurrency miners using sustainable energy with Bitcoin. The proposed eco-friendly initiative for Bitcoin miners is a collaboration between PayPal’s Blockchain Research Group (BRG), Energy Web, and DMG Blockchain Solutions, a publicly traded blockchain company. Can New...
The euro area private sector expanded the most in nearly a year in April as the continuing downturn in the manufacturing activity was offset the strength in the service sector, flash survey results from S&P Global showed on Tuesday. The composite output index registered 51.4 in April, up from 50.3 in March. The reading stayed...
Kopin Corp., Inc. (KOPN) announced Tuesday that a jury verdict was entered on Monday in the U.S. District Court for the District of Colorado finding for the plaintiff, BlueRadios, Inc. and awarding approximately $5.1 million in damages as well as recommending $19.7 million in disgorgement and exemplary damages. The Court will take that recommendation under...
In a recent report, crypto investigator ZachXBT uncovered that nearly 12 Solana presale meme coins have been “completely abandoned” within the past month, collectively raising 180,650 SOL, equivalent to approximately $26.7 million. Despite the major fundraising, many of these meme coin projects have experienced sharp declines in value post-launch, with one project failing to launch...
Bitcoin halvings are a significant event in the world of cryptocurrencies. A halving occurs approximately every four years and has a direct impact on the issuance rate of new Bitcoins. Here’s how it works: The halving mechanism: Bitcoin’s block reward halves every 210,000 blocks (roughly every four years). Initially, miners received 50 Bitcoins per block,...