On March 28, the non-fungible token (NFT) marketplace Blur announced the company has raised $11 million in a seed round led by Paradigm. The NFT marketplace Blur says the startup is focused on building an institutional-grade NFT market that’s made “for pro traders.” Blur Raises $11 Million to Craft the Startup’s Institutional-Grade Products The NFT …
Monthly archives: March 2022
Indian Parliament Member Asks Government to Tax Crypto Income More Than 30%
An Indian parliament member has urged the government to increase the tax on crypto income from the current proposed rate of 30%, stressing that crypto trading is similar to gambling. He has also requested that the goods and services tax (GST) be imposed on the total transaction value of crypto. Indian Parliament Member Wants to …
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Trader Who Nailed Bitcoin Crash Says Top Crypto Forming Pattern That Preceded Massive Move in 2019
Seasoned trader Peter Brandt is keeping a close eye on Bitcoin (BTC) as the leading crypto by market cap threatens to print fresh 2022 highs. The veteran trader, who is known for correctly calling Bitcoin’s 2018 collapse, tells his 629,400 Twitter followers that Bitcoin’s recent price action is reminiscent of its market structure in April …
Bitcoin a ‘nice buy’ at $47K despite macro dangers as key trendline nears — Research
Bitcoin (BTC) is attempting to reclaim a key long-term moving average, but the time to buy is before, not after, one metric hints. In a series of tweets on March 29, on-chain monitoring resource Ecoinometrics eyed a classic entry for BTC/USD as flagged by the Mayer Multiple. Mayer Multiple nears pivot Bitcoin price strength has …
Greenpeace, Ripple co-founder campaigning to change Bitcoin code
Greenpeace, along with other climate groups, and co-founder and executive chairman of Ripple, Chris Larsen, has launched a new campaign aimed at changing Bitcoin (BTC) to a more environmentally friendly consensus model. The “Change the code, not the climate” campaign aims to pressure key industry leaders, Bitcoin miners, and influencers like Elon Musk, and Jack …
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Canadian PM candidate supports freedom to use Bitcoin as money
The Canadian Conservative Party candidate for Prime Minister, Pierre Poilievre, has come out in support of allowing Canadians to use Bitcoin (BTC) as legal money in the country. The YouTube channel BITCOIN posted a video on March 29 of Poilievre saying that the people of Canada need “more financial freedom” before a crowd of about …
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Collective DAOs – Funding New-Gen Creators and Opposing Digital Gentrification
HodlX Guest Post Submit Your Post The new age of digital patronage. How a group of fan investors can foster, pay and sustain an authentic creative community. The creator economy, born in the era of web 2.0 and having exploded during the pandemic, is booming. Today, it includes over 50 million content creators, opinion leaders …
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Institutional crypto funds see largest capital inflows for 3 months
CoinShares data revealed on Tuesday, March 29, that institutional investments into cryptocurrencies are at the highest levels in three months, a sharp rise from the previous week which saw outflows of $47 million. The Digital Asset Fund Flows Report revealed that investment products for digital assets saw total inflows of $193 million last week, a …
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Nifty News: Luxury brands join Decentraland‘s Metaverse Fashion Week
This past weekend, Decentraland hosted the Metaverse Fashion Week, or MVFW, a four-day digital fashion event that staged wearables on virtual runways, organized discussion panels and housed shopping experiences. A lineup of both legacy luxury labels and digital brands participated including Dolce & Gabbana, Etro, Tommy Hilfiger, Estée Lauder and Elie Saab. Meanwhile, digital-native fashion houses …
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Senate Finance Committee Chair probes “lack of safeguards” in crypto tax incentives
Democratic Senator Ron Wyden is digging into the activities of crypto companies that take advantage of tax breaks provided by the Opportunity Zone program. Senator Wyden’s main concern stems from the perception that some crypto companies may be taking advantage of what he called “a lack of safeguards and transparency measures” in the Opportunity Zone …
Coinbase Is Preparing To Swoop Brazilian Crypto Exchange
The largest crypto exchange in the U.S. Coinbase has made a move to acquire 2TM, the operator of Brazil-based trading platform Mercado Bitcoin. Although nothing official has been revealed by the two exchanges, it’s believed that both firms started negotiating the deal last year. They expect to reach an agreement for the deal before the …
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As the US and EU fight over crypto regulation superiority, is regulation even viable?
Crypto regulation is the hot topic of 2022. The fear of a global cryptocurrency ban seems to have almost wholly subsided as adoption takes us past the point of no return. Banning crypto now is practically impossible. Yet, the lack of an upcoming blanket crypto ban does not mean that there will be no changes. …
FlatQube DEX Unveils QUBE Utility Token and Sets DAO Governance in Motion
sponsored Over the past six months, the Everscale network has gone through a complete metamorphosis. Originally called FreeTON, the network has made great strides in improving its technical capabilities as well as developing a robust ecosystem of DeFi platforms. The scale of these changes led the coчафmmunity to call for a rebranding to reflect how …
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Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, $13 Million Recovered
The Indian government has revealed that 11 cryptocurrency exchanges have been under investigation by the country’s tax authority. About 95.86 crore rupees ($12.6 million) have been recovered from them. 11 Crypto Exchanges Investigated for Tax Evasion The Indian government answered some questions regarding the taxation of cryptocurrency exchanges Monday in Lok Sabha, the lower house …
Vietnamese Government and Central Bank Developing Legal Framework for Crypto
Vietnam is creating a legal framework for cryptocurrency. The country’s deputy prime minister has instructed the Ministries of Finance, Justice, and Information & Communications to work with the central bank, the State Bank of Vietnam, on the framework. What do you think about Vietnam creating a legal framework to regulate crypto? Let us know in …
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