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A crypto insider has made over $153,000 of realized profits in 15 hours, trading in the Solana (SOL) ecosystem. The cryptocurrency trader started with a purchase worth $600 and currently holds over $2.5 million worth of VibeCat (Minette). Interestingly, the address purchased the tokens at the same block VibeCat’s developer added the initial liquidity to the decentralized exchange. This is a solid indicator of inside trading, considering Solana blocks have an interval of 400 milliseconds. As developed, the crypto insider withdrew 3.89 SOL from Binance, worth $600. With this initial amount, the address bought 2.46 Minette less than a second after its creator deposited the first available liquidity for trade. Picks for you Bull rally incoming as Ethereum whale stacks over $32M in ETH since May 17 mins ago We asked ChatGPT what will be SHIB price in 2025; Here’s what it said 2 hours ago R. Kiyosaki's stark warning: Stop living in Disneyland and prepare ...

Japan has scrapped corporate tax on unrealized profits Companies holding unrealized gains on their crypto assets will not pay tax on them as from April 1, 2024. Japan is reportedly doing away with corporate tax on unrealized profits from crypto currency holdings, according to the latest news by local media outlets. Japan changes corporate tax law on crypto Per the news updates, companies and institutions holding crypto will not pay tax on their “ unrealized gains” from April 2024.  The cabinet approved the tax changes on December 22, local media outlet Nikkei reported. The new tax regime will take effect on April 1, 2024 – the date that Japan’s fiscal year starts. This follows the Japanese government’s approval of a revision to the country’s tax law as applies to companies that hold digital assets issued by third parties. Companies are set to only get taxed on realized profits- after they sell. As it stands and...

Bitcoin “panic” is unwarranted, DecenTrader co-founder Philip Swift says, with BTC price action conforming to expectations on longer timeframes. Bitcoin (BTC) is at 10-week lows, but one longtime analyst is telling investors to ignore the “panic.” In a Twitter update on May 25, Philip Swift, creator of data resource LookIntoBitcoin and co-founder of trading suite DecenTrader, eyed a BTC price breakout still in progress. Swift: "Bitcoin performing well and as expected" Bitcoin has not traded this low since mid-March, data from Cointelegraph Markets Pro and TradingView shows — and despite residing in a range just $4,000 wide since, cold feet are everywhere. “A lot of panic in the market today,” Swift summarized. BTC/USD is currently testing the mettle of key moving averages, as Cointelegraph reported, against a backdrop of traders’ downside targets extending to $25,000 and below. Even Swift believes that Bitcoin could still return to as low as $20,000 in the coming months, ...