Bank of America has outlined some benefits to be had from adopting bitcoin as legal tender in El Salvador. The opportunities include low-cost remittances, financial digitization, more choices, and greater investments from foreign companies. Bank of America Highlights Opportunities Bitcoin Brings to El Salvador as Legal Tender Bank of America (BOA) outlined some potential benefits …
Continue reading “Bank of America Sees Benefits in Adopting Bitcoin as Legal Tender in El Salvador”
Several U.S. lawmakers have spoken up against the cryptocurrency tax provision in the $1 trillion infrastructure bill. While the bill has been revised from last week’s version, the text is still “unworkable,” according to Senator Pat Toomey. “I plan to offer an amendment to fix it.” Other lawmakers, including Sen. Ron Wyden, Rep. Warren Davidson, …
The U.S. Blockchain Association is stepping up to battle new crypto regulations that are being proposed in the historic bipartisan infrastructure deal that’s working its way through the Senate. Robert Frank, a wealth reporter at CNBC, says the latest draft of the 2,702-page infrastructure bill targeting efforts to modernize bridges, roads, water pipes, electric vehicle …
A closely followed crypto trader and analyst says that Bitcoin could be on the verge of igniting the final stage of its bull market. The trader, known as Jack Sparrow, tells his 209,100 Twitter follows that Bitcoin (BTC) is gearing up to launch the fifth and final wave of the bull market, assuming the asset …
The non-fungible token (NFT) project CryptoPunks is seeing a massive surge in trading volume over the last seven days. DappRadar, which tracks and analyzes decentralized apps, shows that the punk-movement-inspired crypto project hit over $120 million in trading volume for a 1,270% surge over the last seven days. ADVERTISEMENT CryptoPunks, one of the first …
Continue reading “NFT Craze Erupts, With CryptoPunks Trading Volume Surging 1,270% in Just One Week”
Bitcoin (BTC) might have suffered its largest coordinated attack over the last couple of months, but in this instance, the investor community did not capitulate. China outright banning mining in most regions after giving BTC miners a two-week notice and this caused the single largest mining difficulty adjustment after the network hash rate dropped 50%. The market …
Continue reading “China’s attempt to kill Bitcoin failed — Here are 3 reasons why”
Bitcoin Price Prediction – August 2 The Bitcoin price prediction reveals that BTC is showing signs of market correction as its price moves below $48,000 to touch the low of $46,845. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $44,000, $46,000, $48,000 Support Levels: $36,000, $34,000, $32,000 BTCUSD – Daily Chart Buy Bitcoin …
Continue reading “Bitcoin Price Prediction: BTC/USD Fails to Break out Above $40,000”
Input Output Global (IOG) CEO Charles Hoskinson rejects Peter Brandt’s technical analysis call, which predicts Cardano may lose up to 90% of its value. Hoskinson added that he “really loathes” technical analysis while likening the process to voodoo in that it makes no sense. “With all due respect to Peter, I don’t this works so …
Continue reading “Cardano founder Charles Hoskinson dismisses risk of 90% drop in ADA as ‘voodoo’”
Just when you thought digital art was done and dusted, CryptoPunk NFTs make a resurgence in popularity. That is, at least among Ethereum whales who are willing to stump up the hefty asking prices. Recent times have seen a flurry of CryptoPunk buying activity. Including internet personality Gary Vaynerchuk shelling out 1,600 Ethereum ($3.7 million) …
Continue reading “CryptoPunk NFT mania drives average punk price up to $135,000”
South Korea’s top financial regulator will shut down 11 cryptocurrency exchanges allegedly engaged in fraudulent bank account schemes, local media reported. Meanwhile, the deadline for all crypto exchanges to comply with the country’s regulation is drawing near and most of them have not been able to meet the requirements. 11 Crypto Exchanges Could Be Shut …
A new proposal of a digital transformation law, written by a group of lawmakers in Spain would introduce the possibility of paying mortgages with cryptocurrency. The law draft also gives different incentives for companies and organizations using and developing solutions using these technologies, including tax cuts. Banks are also included in the regulation, and the …
Fun and excitement have been let loose for players to experience amazing new games at Bitcoin.com’s very own crypto gaming portal! An enthralling range of games are on offer at Bitcoin.com Games – the crypto casino that players have come to love to play their favorite games on in recent years. Ever since its inception …
Perhaps the best cryptocurrency trader to follow on Twitter, Pentoshi trades with millions of dollars and passed the 200k follower mark after predicting the $64k top (posting the chart above in February) and then selling at it. On his handle @Pentosh1 he alerted Crypto Twitter – or CT as it’s known – of several red …
Continue reading “#1 Cryptocurrency Trader to Follow – ‘ETH will flip BTC by end of 2022’”
The crypto market has gathered much interest in the last year, as more investors search for the top crypto to buy. The main attraction has been the massive returns crypto assets have posted compared to more traditional investment vehicles. This article highlights five of the best cryptos to buy for growth potential given their adoption and …
Continue reading “5 Top Crypto To Buy This Week [BTC, ETH, LINK, SOL, UNI,] August 2021 Week 1”
Cardano is among the top ten cryptocurrencies in terms of market cap. Because of its good performance and dominance in the market, Cardano has continued to attract more crypto investors, and it remains one of the best investments among low-priced cryptocurrencies. Cardano is trading at $1.32 at the time of writing after a 3.5% decline …
Continue reading “Cardano Price Dips 3.5% to $1.32 – Where to Buy ADA Dip”
