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El Salvador Offers No Capital Gains Tax, Permanent Residence to Crypto Entrepreneurs.
Nayib Bukele, president of El Salvador, has weighed in the future of his country now that there is a formal proposal for making Bitcoin a legal tender, announcing complementary measures. Bukele mentioned yesterday on Twitter there would be no capital gains on Bitcoin earnings, and also highlighted the possibility of offering permanent residence to crypto […] origin »
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Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals.
Investment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has revealed. And while a growing number of Australians fall victim to fraudulent schemes involving cryptocurrency, bank transfers remain the scammers’ favorite way to extract money. origin »
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FBI Agent Recovers Private Key to $2.3M in Bitcoin Paid to Colonial Pipeline Hackers.
U.S. law enforcement officials from the Justice Department on Monday announced the seizure of $2.3 million dollars worth of crypto assets that were paid to the Colonial Pipeline hackers. Deputy Attorney General Lisa Monaco explained during a news conference that federal agents “recaptured the majority of the ransom Colonial paid to the Darkside network.” FBI […] origin »
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The Algorand revolution: is ALGO the best blockchain to buy now?.
Decentralization, scaling, and speed are the three challenges that Algorand ALGO/USD has attempted to solve since its launch in 2019. It does this by providing both the infrastructure, as well as the tools which many dApp developers require in order to create their apps and assets which can potentially be used by billions of people. origin »
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Bitcoin to $20k or $40k? Why 'this setup is different...'.
Can Bitcoin surge and break the resistance? Can it cross the $40k mark? These are some of the many speculations that have been going around. Well, on the flip side, there have been a couple of bearishThe post Bitcoin to $20k or $40k? Why 'this setup is different...' appeared first on AMBCrypto. origin »
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What is Polygon (MATIC)? A Guide on the Ethereum Layer Two Solution.
Polygon (formerly known as Matic Network) is a layer two (L2) scaling solution for Ethereum-compatible blockchain networks that enables fast, inexpensive, and secure off-chain transactions for payments and general interactions… The post What is Polygon (MATIC)? A Guide on the Ethereum Layer Two Solution appeared first on CoinCentral. origin »
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As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year Lows.
Onchain data indicates that bitcoin transactions per day have plummeted to lows not seen since October 2018. Further, bitcoin transaction fees have dropped 93% after touching a high of $62 per transaction in April 2021. origin »
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Solana Aims to Raise $450 Million to Battle Ethereum Supremacy.
Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last March. The Solana ecosystem, which is backed by Sam Bankman-Fried, founder and CEO of derivatives exchange FTX, would use these funds to take on Ethereum supremacy in the Defi ecosystem. Solana to Raise $450 Million […] origin »
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SatoshiPay receives grant from Stellar to develop layer-2 Pendulum blockchain.
SatoshiPay, a blockchain-powered payment solution built on Stellar, announced that it has received a research and development grant from the Stellar Development Foundation to start the development of the Pendulum network — a new second-layer blockchain that connects Stellar to the wider DeFi ecosystem by adding smart contract support and bridges to Ethereum and Polkadot. origin »
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While China’s Bitcoin Miners Flock to Central Asia Canaan Sets up ASIC Mining Rig Service in Kazakhstan.
On Monday, the application-specific integrated circuit (ASIC) manufacturer Canaan Inc. announced the company has established an overseas after-sales center in Kazakhstan. According to Canaan, the service center will provide local customers with after-sales services like machine testing, warranty services, maintenance, and technical consultation. origin »
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How PlatON used NFTs to Promote Network Activity and Community-Wide Governance.
The pace of innovation in crypto can be dizzying. Sometimes, for beginners, wrapping heads around specific terms in crypto, DeFi, and NFTs is understandably overwhelming. Yet, in the middle of this exciting sphere, there are numerous opportunities already proving disruptive and could, after all, overhaul traditional processes. origin »
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Two-Fifths of Australian Millennials Prefer Crypto Investments Over Real Estate.
A report published by the cryptocurrency exchange Kraken shows that two-fifths of Australian millennials prefer to invest in cryptocurrency assets over real estate. The survey shows that a number of Australians are losing faith in traditional assets like gold, stocks, and real estate. origin »
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Asset Managers Could Violate Fiduciary Duty If They Don’t Consider Bitcoin, Says Finance Professor.
A professor of finance and business economics at the University of Southern California says that asset managers focusing on growth strategy could violate their fiduciary duty if they do not consider bitcoin in their portfolios. origin »
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Gold is good but Bitcoin is better; Hedge Fund portfolio manager says.
Troy Gayeski, the co-CIO and Senior Portfolio Manager at SkyBridge Capital, has come out to share the hedge fund’s bullish outlook on Bitcoin (BTC). In an interview last week, Gayeski advised that while gold will soar to new heights in the coming year, investors that seek alternatives, especially now that global debts keep on increasing, […] The post Gold is good but Bitcoin is better; Hedge Fund portfolio manager says appeared first on Invezz. origin »
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There’s A Massive Bitcoin Adoption Trend About To Thump The Philippines.
As the Bitcoin adoption rate surges across the globe, many parts of the Asian continent remain committed to grabbing a piece of the Bitcoin pie before the industry gets saturated. While the Chinese and Japanese governments have been adopting strict cryptocurrency policies that have forced leading firms to migrate, the Philippines is opening its arms […] origin »
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MicroStrategy Plans to Raise $400 Million to Buy More Bitcoin.
The funds will be raised by offering $400 million aggregate principal amount of senior secured notes due by 2028. The post MicroStrategy Plans to Raise $400 Million to Buy More Bitcoin appeared first on BeInCrypto. origin »
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Chief Investment Officers Don’t Really Like Bitcoin, Goldman Sachs Survey Reveals.
Bitcoin (BTC) is the least favored investment among chief investment officers (CIOs), according to a recent survey by Goldman Sachs. Goldman Sachs Survey Reveals Negative Sentiment Two roundtable discussions for chief investment officers of hedge funds were recently hosted by investment bank Goldman Sachs. origin »
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Donald Trump Says Bitcoin Is a “Scam”.
It takes one to know one. Former president Donald Trump told Fox Business today that Bitcoin “seems like a scam” and that it only serves to undermine the US dollar. “The currency of this world should be the dollar,” Trump said. origin »
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San Jose Sharks to Become The First NFL Team to Accept Large Crypto Payments.
San Jose Sharks’ move to accept large and recurring payments in cryptocurrencies such as Bitcoin and Dogecoin make it the first NFL team to do so. Jonathan Becher, the president of San Jose Sharks, said that using crypto for smaller purchases that include food and beverage, tickets, and merchandise will all be reviewed in theRead More origin »
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'Even with Bitcoin at $35,000, it feels like a really good buying opportunity'.
Gemini's Winklevoss Twins, Cameron and Tyler have been Bitcoin loyalists for a while now. Consider this, back in 2013, they bought into the concept when the asset was priced at around $150. Today, The post 'Even with Bitcoin at $35,000, it feels like a really good buying opportunity' appeared first on AMBCrypto. origin »
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All About the Bitcoin Mayor, El Salvador, and the Electric Bitcoin 2021 Conference.
Mayor Francis Suarez ‘the bitcoin mayor’ on Friday, broke records as the first mayor to host a star-studded bitcoin conference. The pre-event announcement which shattered the city’s record of social media views (7 million in less than 24 hours) had every well-known bitcoin maverick in attendance from Michael Saylor to Jack Dorsey, the Winklevoss brothers, […] origin »
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Dogecoin Price Analysis: 07 June.
The Dogecoin market has been reactive to speculation and hype since April. This has resulted in violent price action in the market. However, the asset was consolidating and volatility had remained lowThe post Dogecoin Price Analysis: 07 June appeared first on AMBCrypto. origin »
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Bitcoin price due for break below $30K trader warns after 9% daily loss.
A breakout to avoid a fresh price dip would be a "miracle," says Crypto Ed as storm clouds gather for Bitcoin bulls.
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Celebrities Shilling shitcoins for their own interest- You must be aware of this..
The biggest reason for the success of the cryptocurrency space is also proving to be one of its liabilities. With more influential celebrities talking about cryptocurrencies like Bitcoin and Ethereum, we are seeing more retail investors take an interest, but on the same side, we are also seeing the mass public audience being misguided in […] The post Celebrities Shilling shitcoins for their own interest- You must be aware of this. appeared first on ItsBlockchain. origin »
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Crypto gateway exchange service Fasset receives licenses to begin operations in Malaysia.
Fasset, a crypto-asset exchange gateway and provider of tokenization services, today announced that it has received three separate full authorizations from the Labuan Financial Services Authority (LFSA), in the Federal Territory of Labuan, Malaysia to commence operations from the country. origin »
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Binance Coin Price Analysis: 07 June.
Binance Coin has seen a good first half in 2021. Trading around $40 during December 2020, its price managed to snap record levels at $693 in May- representing a jump of 1,500% in just 5 months. DuringThe post Binance Coin Price Analysis: 07 June appeared first on AMBCrypto. origin »
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Bitcoin Price Dips After Trump Says Bitcoin ‘Seems Like A Scam’.
Former US President Donald Trump claims that he dislikes bitcoin because it is a competitor to the dollar, which he wants to be the world’s currency and urged US regulators to take action to monitor it. origin »
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Bank of England Proposes Regulation of Stablecoin Use As Payment Means.
The Bank of England (BoE) stated that stablecoin payments should receive the same regulations as bank payments, if the former gains widespread adoption. BoE Says Stablecoin Regulatory Framework Necessary in the UK According to Reuters on Monday (June 7, 2021), the BoE in a Discussion Paper, said that it was important to establish regulatory policiesRead More origin »
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Ethereum, Ethereum Classic, Polkadot Price Analysis: 07 June.
Ethereum was a stone's throw away from rising above a key resistance channel between $2,900-3,000. Ethereum Classic moved sideways and awaited stronger cues before making a price swing. Finally, PolkaThe post Ethereum, Ethereum Classic, Polkadot Price Analysis: 07 June appeared first on AMBCrypto. origin »
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The First NHL Team To Accept Crypto Is Here.
The NHL’s San Jose Sharks have announced that they’ll be accepting crypto for payments as early as June 15th – the first NHL team to do so. Cryptocurrency will be accepted for season tickets, luxury boxes and sponsorships. origin »
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Are You a Hodler? Crypto-Friendly Exeno Announces Poll with 10% Discount for Participants.
First-ever “only crypto” store Exeno launches an anonymous poll to research “hodling” strategies of crypto enthusiasts origin »
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Bitcoin Least Favorite Investment Among CIOs, Says Goldman Sachs Survey.
The strategists surveyed the CIOs on their views and outlooks, including their favorite investment styles and asset classes. The post Bitcoin Least Favorite Investment Among CIOs, Says Goldman Sachs Survey appeared first on BeInCrypto. origin »
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Bear Market Bottom Fractal Says Bitcoin Could Soon Bump And Run.
No clear signal for Bitcoin’s price, except for uncertainty. Investors are puzzled as the first cryptocurrency by market cap follows crab-like price action. At the time of writing, BTC trades at $35,935 with sideways movement across the board. origin »
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Donald Trump Detests Bitcoin, Calls BTC a Scam, Wants Heavy Crypto Regulation.
Former U. S. President Donald Trump says he does not like bitcoin because it is a currency that competes with the dollar, which he wants to be the currency of the world. He calls bitcoin a scam and wants cryptocurrency to be very heavily regulated. origin »
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A Look At The Origins Of Bitcoin Laser Eyes, As El Salvador's President Dons Them..
The pleb who started it all tells the tale of the prolific meme and how it all began, as the leader of a country dons the lasers. origin »
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With this development, could XRPL compete with Ethereum?.
Ripple is taking the development of the XRP ecosystem ahead with the proposal for Federated Sidechains. Chief Technology Officer [CTO] of Ripple, David Schwartz unveiled this feature and his vision onThe post With this development, could XRPL compete with Ethereum? appeared first on AMBCrypto. origin »
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Bitcoin, Aave, Tron Price Analysis: 07 June.
The king coin closed in on a death cross (crossover between 50-SMA and 200-SMA) and the same could result in a prolonged bear market. While alts such as Aave and Tron moved sideways and awaited strongThe post Bitcoin, Aave, Tron Price Analysis: 07 June appeared first on AMBCrypto. origin »
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Ripple CEO Replies To Former SEC Chairman On Crypto Regulation, They See Eye To Eye?.
Ripple and the U. S. Securities and Exchange Commission (SEC) have an ongoing legal battle. The regulator filed an action against the payment company at the end of 2020. Many believe that this was former SEC Chairman, Jay Clayton, decision before leaving office. origin »
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Biden Tech Advisor Owns Between $1 Million And $5 Million In Bitcoin.
Tim Wu, a proponent of net neutrality serving the White House, has disclosed that he owns $1 million to $5 million in bitcoin. origin »
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How Scallop Intends to Take on The Global Banking Industry.
The world’s banking industry is ever-evolving, with new trends and disruptive opportunities emerging every year. In 2020, the global pandemic gave rise to a large shift in consumer behavior in almost every industry. origin »
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Take Back the Internet With Crypto: Pocketnet Offers 4 Free Live Educational Sessions.
The Internet was once a bastion of freedom and was hoped to bring economic power to everyday people. These days a few centralized platforms such as Google, Facebook and Amazon dominate the online world, deciding what we can and cannot say, while keeping all the value for themselves. origin »
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Former SEC head and treasury undersecretary defend US crypto regulations.
Former top policymakers Jay Clayton and Brent McIntosh has defended the crypto regulatory regimes established during their respective government tenures. origin »
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Ethereum Co-Founder Says He Doesn’t Fear The DOGE.
Ethereum Co-Founder Vitalik Buterin sets the record straight by saying he’s open to working with Dogecoin developers to improve the meme token. This could come in the form of a bridge between the two cryptocurrencies. origin »
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Questions Linger As FBI Recovers Colonial Pipeline Ransomware Crypto Funds.
U. S agencies claim they have recovered most of the $4. 4 million in crypto paid out to hackers of the Colonial Pipeline. But hazy details around the case leave more questions than answers. Crypto Funds Recovered By U. origin »
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Ripple CTO Proposes Federated Sidechains That Could Bring Smart Contracts and CBDCs.
Ripple's David Schwartz has proposed implementing federated sidechains origin »
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TA: Ethereum Topside Bias Vulnerable, What Could Trigger Sharp Decline.
Ethereum started a fresh decline from the $2,850 resistance against the US Dollar. ETH price is down over 5% and it is struggling to stay above $2,420. Ethereum declined sharply after there was a clear break below the $2,650 support. origin »
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Chainlink, Bitcoin Cash, Uniswap Price Analysis : 07 June.
Owing to the market fall of June 4, altcoins have been following Bitcoin’s trajectory. The recovery has been fairly slow while the king coin has been struggling to break past $37,000. Even the TotalThe post Chainlink, Bitcoin Cash, Uniswap Price Analysis : 07 June appeared first on AMBCrypto. origin »
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P2P bitcoin exchange Hodl Hodl to get liquidity boost and explore new solutions with Bitfinex.
The team of P2P bitcoin exchange Hodl Hodl, announced today it has entered a strategic partnership with its existing shareholder Bitfinex, the popular crypto exchange company. Firstly, users of the Hodl Hodl Lend service will see an influx of new users and more liquidity. origin »
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Skybridge Capital Says Bitcoin Still Has More Upside Than Gold.
The chief investment officer of global investment firm Skybridge Capital says bitcoin still has more upside than gold. While expecting both gold and bitcoin to rally, he said his hedge fund is sticking to bitcoin. origin »
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Miami Beach’s Most Expensive Penthouse Sold for $22.5 Million in Cryptocurrency.
“Cryptocurrency is the future of wealth, and we believe this is only the beginning,” said the developers of the property. The post Miami Beach’s Most Expensive Penthouse Sold for .5 Million in Cryptocurrency first appeared on BitcoinExchangeGuide. origin »
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