American cinema operator AMC Entertainment is aiming to accept Bitcoin payments for movie tickets by 2022. Speaking during a Aug. 9 conference call regarding the firm’s Q2 results announced earlier the same day, AMC chairman and CEO Adam Aron revealed that the cinema chain intends to have the infrastructure ready to accept BTC payments for …
Continue reading “Cinema operator AMC plans to accept BTC by 2022”
Former Goldman Sachs executive Raoul Pal says that he’s seeing a developing macro setup that could potentially blast Bitcoin and other crypto markets into the stratosphere. In an interview with The Breakdown host Nathaniel Whittemore, Pal explains how a weak global economy could serve as a catalyst for the growth of the digital asset market. …
Continue reading “Looming Macro Setup Could Blast Crypto Into the Stratosphere: Raoul Pal”
Bitcoin (BTC) price soared to a 3 month high at $46,293 after bulls confirmed that they intend to take full control of the market. While crypto traders might be in the green again and pro traders are looking to add larger leveraged positions, no every class of investors to obtain direct exposure to Bitcoin. For …
Continue reading “MicroStrategy and Bitcoin mining stocks rally as BTC price rebounds”
Luxembourg-based Blocktrade has become the latest cryptocurrency exchange to receive major backing from venture capitalists, offering further evidence that digital asset startups are becoming a prime target for investment funds. Private investors across 33 countries participated in the $25.8 million, or 22 million euros, Series A round, Blocktrade announced early Tuesday in Europe. The investors …
Continue reading “Digital asset exchange Blocktrade concludes $25M investment round”
A compromise which proposed amending provisions in the bipartisan infrastructure deal on crypto failed to meet the requirements of a unanimous consent request in the Senate, making the bill likely to go to a full vote without additional changes. This afternoon, Senator Tom Carper, the Democratic floor manager for infrastructure bill HR 3684, put forth the …
Continue reading “‘We’ll be back on this’ — Alabama senator derails crypto amendment with two words”
Bitcoin’s (BTC) recovery from $29,482.61 on July 21 has continued to surpass one resistance after another. Today, Bitcoin has risen above the 200-day simple moving average, an indicator watched by institutional investors to determine whether the asset is bullish or bearish. A positive sign about today’s rally has been that Bitcoin was not affected by …
Continue reading “Price analysis 8/9: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LINK”
After the crypto draft bill is adopted, Ukrainians will be able to legally hold, exchange, and spend cryptocurrencies like Bitcoin (BTC), a government official revealed. Besides allowing payments in cryptocurrencies, the Ukrainian Digital Transformation Ministry proposes lower crypto taxes as the new legislation seeks to pave the way for the industry to enter the country. …
Continue reading “Ukraine could legalize Bitcoin payments after proposed crypto bill”
Input-Output Hong Kong (IOHK), a blockchain infrastructure research and engineering company behind the development of the proof-of-stake Cardano (ADA) platform, announced that the Alonzo Purple testnet is up and running. Following the first two Alonzo updates, dubbed Blue and White, the final, Alonzo Purple update commences as the first fully public Cardano testnet to support …
Continue reading “Testnet gives Cardano (ADA) its first ever smart contracts”
The price of an ounce of gold dropped dramatically this week, slipping under the $1,700 handle to $1,688 per ounce on August 8. On Monday, gold regained some of the losses jumping 2.36% back above the $1.7K region to $1,727 per ounce of fine gold. Gold’s Volatile Movements This Weekend Blamed on a Number of …
Five U.S. senators have been working with the Treasury Department and have come up with a compromise crypto amendment to the $1.2 trillion infrastructure bill. “We’ve worked with the Treasury Department to clarify the underlying text and ensure that those who are not acting as brokers will not be subject to the bill’s reporting requirements.” …
The U.S. Securities and Exchange Commission (SEC) has charged Poloniex with operating an unregistered cryptocurrency exchange. Poloniex has agreed to a cease-and-desist order and to pay $10.34 million. SEC Hits Poloniex With Cease-and-Desist Order, Penalties The SEC announced Monday that “Poloniex LLC has agreed to pay more than $10 million to settle charges for operating …
Continue reading “SEC Fines Poloniex $10 Million for Operating Unregistered Cryptocurrency Exchange”
The overall market cap for the crypto industry is pegged at $1.83 trillion. Over 11,000 cryptocurrencies are currently listed, and many more are being added by the day. Adoption has also doubled, per a 2. Ethereum (ETH) Etherum is our next top crypto to buy because it is the second most valued cryptocurrency and due …
Continue reading “5 Top Crypto to Buy this Week [BTC, ETH, ADA, BNB,MATIC] August 2021 Week 2”
The majority of the crypto market led by bitcoin has made considerable losses in the past 24 hours. However, several tokens such as Elrond (EGLD) have shown resilience and have maintained an uptrend despite the current bearish sentiments. EGLD is trading at $124.78 at the time of writing after a 4.4% increase in 24 hours. …
Continue reading “Elrond Price at $124.78 after 4.4% Gains – How to Buy EGLD”
Dogecoin is currently a top meme coin after making massive gains this year. Despite some of these gains being stripped away during the May market crash, dogecoin’s value is still over 6800% higher on a yearly scale. The token has also not been immune to the frequent volatility in the broader market in recent weeks. …
Continue reading “Dogecoin Price Dips 8.3% to $0.243 – Where to Buy DOGE Dip”
The broader crypto market is fighting to maintain the bullish gains made over the weekend. BTC has retreated from $45K, and it is now at $43K, while ETH has retreated below its three-month high of $3000. These dips have affected the majority of altcoins, with most of them making slight losses. Chiliz is trading at …
Continue reading “Chiliz Price Dips 1% to $0.29 – Where to Buy CHZ”
