The Massachusetts Senate announced on July 5 the consolidation of several hearings on blockchain, digital assets, and digital privacy into a single assembly on July 13, highlighting the growing significance of these topics in the state. In a four-hour hearing, the ‘Advanced Information Technology, the Internet, and Cybersecurity Committee’ will discuss notable bills, each with …
Monthly archives: July 2023
Binance users withdraw assets in June amid global regulatory pressure
Binance’s regulatory challenges in various jurisdictions in June appear to have resulted in a significant decline in users’ crypto assets. Binance users withdraw assets. The exchange’s latest proof of reserve snapshot, taken on July 1, showed that users’ Bitcoin deposits fell by 3.5% to 592,450 BTC from 614.800 recorded on June 1. This meant that …
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Whale outflow from Huobi sees Bitcoin over $31K
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CFTC to find Celsius and Former CEO Mashinsky violated US rules, Bloomberg reports
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Top Crypto Trader Issues Bitcoin Alert, Identifies Critical Zone Where Large Correction Could Occur
The crypto strategist who nailed the end of the Bitcoin (BTC) bull market in 2021 is warning of a market correction. Pseudonymous trader Pentoshi tells his 696,600 Twitter followers that he continues to believe Bitcoin will cross the $32,000 level. However, he warns a correction will likely follow as investors trade on the fear of …
Top 5 dog-themed cryptocurrencies by market cap
Explore the top dog-inspired cryptocurrencies and their hidden potential behind cute memes. Analysis Join us on social networks Barking with community-driven enthusiasm and bone-rattling potential, dog-themed coins are forming a pack on the stage of emerging digital assets. In recent years, the cryptocurrency world has witnessed a surge in the popularity of dog-themed digital assets. …
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Bill to exempt foreigners from crypto taxes passes preliminary reading in Israel
The bill would also level up crypto bonuses with employee stock options by reducing the current 50% tax to 25%. News Join us on social networks Foreign residents of Israel could get an exemption from capital gains taxes on the sale of digital currencies. A bill granting the exemption and other tax benefits for digital …
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Demystifying Bitcoin ETFs – A Beginner’s Guide to Understanding the Hype
HodlX Guest Post Submit Your Post Bitcoin enjoyed a keen price surge recently due to the buzz around the prospect of a Bitcoin ETF. In the space of a few days, it broke through the $30,000 mark after rallying by almost 25%. Yet, it wasn’t to be. The filing was turned down, price dropped back …
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BRICS Has ‘Ambition’ To Create New Global Currency and Challenge US Dollar in Medium to Long-Term, Says Official
The economic coalition of nations known as BRICS has “medium to long-term” ambitions to create a new global currency and challenge the US dollar, according to the chief financial officer of the BRICS New Development Bank. BRICS nations, which consists of Brazil, Russia, India, China and South Africa, are currently pushing to boost direct trade …
Bitcoin bull run incoming: Binance CEO Changpeng Zhao reveals when
During a Twitter Space on July 5, Binance CEO Changpeng Zhao delivered his forecast for the next Bitcoin bull run. News Join us on social networks Binance CEO Changpeng Zhao has delivered his prediction for the next Bitcoin (BTC) bull market. Speaking in a July 5, “ask me anything” session on Twitter, CZ explained how …
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Binance, Coinbase and Gemini staff are among the least happy, data suggests
Crypto exchange Binance said its “hardcore” work culture could explain some of the results, while recruiters warn the data should be taken with a grain of salt. News Join us on social networks Crypto exchanges including Gemini, Binance and Coinbase are home to some of the least happy employees in the industry, according to data …
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Crypto’s Indiana Jones? Coinbase exec helps recover $322K worth of once-lost crypto
Conor Grogan tracked down $322,000 worth of dormant ETC and returned it to its owner, who was unaware the money ever existed. News Join us on social networks It’s not every day that one discovers they’ve suddenly become $322,000 richer — but for one lucky crypto investor, this is exactly what happened in the waning …
CFTC Finds Celsius And Alex Mashinsky Guilty Of Breaking US Rules
The United States CFTC has concluded that Celsius Network and its former CEO Alex Mashinsky broke US laws. Attorneys in CFTC’s enforcement unit have determined that the defunct crypto lender misled investors. The CFTC could file a federal case this month if a majority of its commissioners come to an agreement. The platform’s native token …
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Bitcoin and S&P 500 decouple from net liquidity
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Coca Cola Serbia partners with Solana-based NFT marketplace SolSea
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