Terra ($LUNA) Is a ‘Promising’ Coin With ‘Plenty of Room to Grow’, Says Pantera Capital CEO
Leo Brief #48
Terra $LUNA was on a roll in 2021. This led to a 13,000% increase. After such a run, many are led to believe that it is time to cash out.
Not so according to the CEO of Pantera Capital. Dan Moorehead believes that the project still has a lot of potential in the coming year and that the price can still go a lot higher. The present market cap is $31 billion.
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Korea to Start Taxing Crypto Gifts and Inheritances in 2022
As cryptocurrency becomes a larger portion of our lives, governments are maneuvering to ensure they get “their fair share”. The Korean government is no different.
The most recent action is that Crypto gifts and Inheritances are now going to be taxed. This is a recent addition as people were able to skirt some of the present tax laws by using cryptocurrency.
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Here's How Many People Bought Axies in 2021
Axie Infinity was one of the biggest success stories in cryptocurrency in 2021. The numbers exploded as the popularity of the game took off.
Some numbers were posted that describe the year that was. Today 3 million people own Axies compared to 27K last year. We also saw 1.2 ETH in the marketplace as opposed to 20,000.
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Will US regulators shake stablecoins into high-tech banks?
Who didn’t see this coming? There is going to come a point where stablecoin issuers are treated as banks in the United States.
Regulators are starting to circle their wagons around stablecoins. They are concerned about the risk associated with them and the de-stabilizing the system. It is more likely they are afraid of something happening outside their control.
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