Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bakkt shares skyrocket after partnering with Mastercard and Fiserv On …
Yearly archives: 2021
Celebrities are embracing NFTs in a big way
The nonfungible token (NFT) market is growing. According to a new report by analytics platform DappRadar, NFT trade volume soared past $10 billion during the third quarter of 2021, a sevenfold increase from the previous quarter’s figure. Although a significant slice of that action comes from runaway hits like NBA Top Shot, CryptoPunks and gaming …
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The United States will become the global crypto and blockchain leader
We have some great news coming out of the United States on the cryptocurrency industry this month with potentially more good news coming later this fall. On Oct. 6, Gary Gensler, head of the U. S. Securities and Exchange Commission (SEC), confirmed during a House Committee on Financial Services hearing that the regulator will not ban …
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Police Seize $2,900,000 in Bitcoin and Other Crypto Assets From Schoolboy in Money Laundering Probe
UK police have confiscated Bitcoin and other cryptocurrencies worth millions of dollars in a money-laundering investigation. According to the Lincolnshire Police, detectives seized over 48 Bitcoin (BTC) and other crypto assets from a 17-year old schoolboy involved in credit card fraud and money laundering. ADVERTISEMENT “Intelligence suggested that the suspect was involved in credit …
Coinbase Accidentally Adds $181,000,000 in Shiba Inu to the Wallet of This NASCAR Driver – He Wants None of It
A popular NASCAR driver woke up to an unexpected sum of Shiba Inu (SHIB) in his Coinbase account but has promptly decided to return the valuable memecoins to the crypto exchange. NASCAR driver Keith McGee is the first Alaskan to start a NASCAR race and the first disabled veteran in the history of NASCAR. ADVERTISEMENT …
The major tax myths about cryptocurrency debunked
Crypto and taxes may not be a match made in heaven, but taxes seem inevitable, and the United States Internal Revenue Service (IRS) has made it clear it is going after people who don’t report. With IRS summonses to Coinbase, Kraken, Circle and Poloniex, plus other enforcement efforts, the IRS is on the hunt. The …
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AVAX tops the crypto predictability list… but the other tokens may surprise you
You can’t predict the future, but you can learn from the past. And some crypto tokens are much (much) more predictable than others, when you analyze their historical trading patterns. In fact, five cryptocurrencies in particular have exhibited the kind of trading predictability that could give sharp-eyed crypto traders a huge advantage in the markets. …
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Elon Musk-named meme token ‘Dogelon Mars’ gains nearly 4000% in October
A so-called meme cryptocurrency named after Tesla and SpaceX CEO Elon Musk is rising in value, namely by a whopping 3,780% in October. Dubbed Dogelon Mars (ELON), the cryptocurrency reached $0.00000233 Saturday—its highest level since May 13—after opening the month at $0.00000005 (data from Poloniex). The massive upside move pushed Dogelon Mars’ market cap from …
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Three Bitcoin Futures ETFs Were Created in October: Are There More to Come?
Three asset management firms have created Bitcoin futures ETFs in recent weeks. Here’s what’s next for ETFs. Three crypto asset management firms―ProShares, Valkyrie, and VanEck―have announced Bitcoin futures ETFs in recent weeks. These launches mark a milestone, as they are the first funds of their type to gain approval in the U.S. Bitcoin futures ETFs …
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Report: Crypto investors score poorly on basic stock market knowledge
In order to gauge retail investors’ stock market knowledge, the online casino reviewer GamblersPick spoke to more than 1,000 people who have invested at least once. According to the survey results, respondents who owned cryptocurrencies scored significantly lower than investors who didn’t own any crypto. The results also revealed that 70% of digital investors have …
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The Billion-Dollar Bitcoin Case: Long-Awaited Kleiman v. Wright Trial Begins Next Week in Miami
On Monday, November 1, the long-awaited Kleiman v. Wright trial will begin as a federal jury plans to determine the relationship between Dave Kleiman and Craig Wright. The Kleiman estate is asking for $11.4 billion, alongside the return of intellectual property (IP) or its fair market value. While Bitcoinsv proponents and Wright’s fans believe the …
Digital Transformation Committee Recommends Amended Ukrainian Crypto Law for Adoption
The law “On Virtual Assets,” Ukraine’s attempt to regulate its growing crypto space, has been revised again and recommended for final adoption. A key parliamentary committee has given its support for the bill which was vetoed by the Ukrainian president this month. Ukrainian Deputies to Vote on Updated ‘Virtual Assets’ Law in November The saga …
SportIcon Launches Innovative NFT Platform That Connects Fans With Exclusive Athlete Content
press release PRESS RELEASE. NFTs have emerged as a unique digital asset in the past 24 months, expanding the potentials of digital arts, collectibles and gaming. The sports industry has taken to NFTs, but the functionalities of NFTs go beyond speculation, and SportsIcoin is redefining NFTs in the sporting industry. SportsIcon is connecting fans and …
Russia’s Constitutional Court Expects to Face Crypto-Related Cases
The Constitutional Court of the Russian Federation is going to have to deal more and more often with cases involving new kinds of individual rights, its head has recently admitted. Some of them will be related to cryptocurrencies and blockchain technology, the official believes. Constitutional Court of Russia to Defend Rights Related to Cryptocurrencies Constitutional …
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Someone Just Moved $2,071,215,368 Worth of Bitcoin in a Single Transaction – Here’s Where the Crypto Is Now
As Bitcoin’s price moved sideways this week, one anonymous whale moved tens of thousands of BTC worth of billions of dollars in a single transaction. On Wednesday, an unknown wallet sent about 34,988.9 Bitcoin worth $2,071,215,368.63 at time of transaction to two other unknown wallets, according to distributed ledger explorer Blockchain.com. ADVERTISEMENT With Bitcoin …