Crypto News Sentiment
Updated: 22 hours ago
XRP rallies and ETH gets a big backer, but HMRC issues 81,000 crypto tax warnings while XRP faces heavy sell-offs.
Positive news
Tax Warnings Surge Across Britain
HMRC has issued tax warnings to over 81,000 individuals regarding their cryptocurrency gains, indicating a crackdown on unpaid taxes from the crypto bull run.
XRP Price Climbs Sharply
XRP's price surged by 4% on August 23, reaching $1.50 as buyers pushed the token above this level. However, a dense cluster of sell orders poses a challenge to further gains.
Bitcoin Miner Shifts Stance to Ethereum
Jiang Zhuoer, founder of Chinese mining pool BTC.TOP, has shifted his investment focus from Bitcoin to Ethereum, predicting that Ethereum will outperform Bitcoin in this cycle.
