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Cryptocurrency
EU Council formally endorses Markets in Crypto Assets regulation (MiCA)
May 17, 2023 05:19 AM AEST| By Invezz27 member states have today wholly supported the Markets in Crypto Assets regulation or MiCA during today’s voting. This marks the last step for the MiCA regulation after the EU parliament endorsed the regulation in April. The MiCA regulation w...
Storing money in banks is a mistake, Michael Saylor says
May 10, 2023 11:17 PM AEST| By InvezzMichael Saylor, the co-founder and executive chairman of MicroStrategy, has shared his thoughts on the banking sector turmoil. In an interview with Valuetainment, Saylor said it’s a mistake to store money in banks today, noting that the banks &...
Metacade (MCADE) pulls back 40%: is it time to buy?
May 08, 2023 11:21 PM AEST| By InvezzThe price of MCADE, Metacade’s native cryptocurrency, has dipped over the past few days after hitting an all-time high of $0.04569. At press time, MCADE had dropped 39.49% from its all-time high and seemed still on a strong bear mar...
Metacade goes live on MEXC on Thursday: what you need to know
May 05, 2023 02:43 AM AEST| By InvezzMetacade – the innovative GameFi project listed its native token on the MEXC Exchange on Thursday. At writing, $MCADE is trading at $0.038 on that platform versus $0.02 at which it ended the presale. Why is listing on MEXC significant for Metac...
Flare integrates its API Portal on Google Cloud Marketplace
May 04, 2023 01:37 AM AEST| By InvezzFlare has successfully integrated its API Portal on Google Cloud Marketplace, launching some of the first blockchain APIs to be available on Google Cloud Marketplace. Following the API Portal integration, developers will be able to access blockchain...
Metacade popularity on the rise ahead of MEXC Global listing
April 25, 2023 08:46 PM AEST| By InvezzThe price of MCADE has surged above $0.022 which was the price at the end of the presale. At press time, MCADE was trading at $0.024. The previous listing on Uniswap resulted in insignificant price changes making investors doubt whether the exchange...
Crypto portfolio manager CoinStats announces major updates to investment app
April 20, 2023 03:29 AM AEST| By InvezzCoinStats, a leading cryptocurrency portfolio manager and DeFi wallet app, has announced some major updates as it looks to streamline users’ portfolio tracking and asset management. The portfolio tracker, which recently integrated with Invezz &...
Ethereum (ETH) breaks $2,000 as Stellar (XLM) and DigiToads (TOADS) eye $1
April 14, 2023 01:49 AM AEST| By InvezzEthereum price just broke above $2,000, hitting the key level after the Shanghai upgrade that went live on Wednesday, 12 April. While the top smart contracts blockchain network makes the highly anticipated move, two other coins to watch in the...
DigiToads (TOADS) winning over Decentraland (MANA) and Sandbox (SAND) holders as presale surpasses $1 million mark
April 13, 2023 12:51 AM AEST| By InvezzThe cryptocurrency world is constantly evolving and bringing new opportunities for investors to capitalize on. The latest token that is making waves in the DeFi crypto market is DigiToads (TOADS). With a unique approach to decentralized gaming,...
AllianceBlock partners with ABO Digital to boost crypto financing
March 17, 2023 01:12 AM AEDT| By InvezzAllianceBlock, the company that seeks to bridge TradFi and DeFi through next generation decentralized infrastructure, has partnered with ABO Digital, the digital asset investment arm of ABO group. The strategic partnership will allow AllianceBlock to...
What are some of the opportunities and challenges associated with DeFi?
March 13, 2023 09:00 PM AEDT| By Manu ShankarHighlights • DeFi enables distributed access to financial services without any central intermediaries. • One of the core premises of DeFi is that unlike CeFi or centralized finance, there is no centralized authority to dictate or control operations...
Is Ethereum bears in control at the moment?
March 08, 2023 10:50 PM AEDT| By Manu ShankarHighlights,Ethereum, just like Bitcoin, took a tumble following the recent unsettling reports involving Silvergate Capital.,ETH has lost about -5.7% over the past 14 days, according to CoinGecko.,Ethereum on 8 March was trading at US $1,557.06 with a...
Are NFTs taxable in Australia?
January 16, 2023 06:03 PM AEDT| By Ankit SethiIn some countries, the tax implications of crypto assets is a hazy subject, but not in Australia. Assets, including NFTs, attract a CGT levy, and the ATO mandates proper record-keeping.
Can you withdraw cryptocurrency in Australia?
January 13, 2023 02:44 PM AEDT| By Ankit SethiCryptocurrency assets can be liquidated in Australia using intermediaries’ services like an exchange or an ATM provider.
Are NFTs available in Australia?
January 12, 2023 01:42 PM AEDT| By Ankit SethiNFT assets are available in Australia, but there is a possibility that a particular asset like CryptoPunks might not be listed on all exchanges.
Who invented Bitcoin and why?
January 11, 2023 04:55 PM AEDT| By Ankit SethiInvented by Satoshi Nakamoto, the purpose of Bitcoin was to be developed as an ‘electronic cash system’
Is Dogecoin available in Australia?
January 10, 2023 06:22 PM AEDT| By Ankit SethiDogecoin, considered the world’s first joke or meme crypto, is available in Australia.
Is there a legal way to avoid tax on cryptocurrencies in Australia?
January 09, 2023 03:18 PM AEDT| By Ankit SethiTax is due when a CGT event arises. CGT is not levied when donating a crypto asset to a DGR.
Is it possible for Bitcoin to drop to zero?
January 06, 2023 06:33 PM AEDT| By Ankit SethiBitcoin essentially derives value from backers who continue to believe that the cryptocurrency can one day find broader utility. Any severe blow to this belief can trigger heavy losses in value.
Crypto winter of 2022 and the road ahead
January 06, 2023 10:52 AM AEDT| By Ankit SethiThere are speculations that Bitcoin and altcoins might bounce back and fears that values may drop even further given the atmosphere of high interest rates.
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