BlockPress

BlockPress

Thailand approves five-year crypto tax exemption

Thailand’s recent announcement regarding cryptocurrency taxation introduces a significant incentive for both investors and businesses operating within the regulated digital asset landscape. The government has implemented a waiver on income tax for cryptocurrency sales, offering a five-year window of tax…

Tron’s Wall Street hopes could implode with TRX as collateral

Tron’s ambitious reverse merger presents a critical test of a novel financial strategy: using a company’s own cryptocurrency as collateral. This unprecedented approach carries significant risks and raises crucial questions about financial stability and regulatory compliance. The success or failure…

This crypto trader just lost $100M, but he’s still not done

James Wynn’s recent $100 million Bitcoin liquidation sent shockwaves through the cryptocurrency community, highlighting the immense risks associated with leveraged trading. The sheer scale of the liquidation, and the sophisticated – yet ultimately unsuccessful – strategies employed, served as a…

Why is Solana (SOL) price down today?

Solana’s price is experiencing a downturn today, influenced by a confluence of factors. The recent ban imposed on Pump.fun, a platform with significant influence within the Solana ecosystem, has contributed to a negative market sentiment. Pump.fun’s activities, while potentially controversial,…