Analyst Benjamin Cowen says new US inflation data scheduled for release this week could hint at a continued bear market for Bitcoin (BTC). Cowen tells his 756,000 YouTube subscribers that he believes ...
Category: Crypto
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President of Kazakhstan Enacts Law Amending Country’s Tax Code To Impose Higher Rates on Crypto Miners
The President of Kazakhstan, Kassym-Jomart Tokayev, has enacted a law amending the country’s Tax Code to impose a higher tax rate on cryptocurrency miners. The increased levy will be based on the amou...
EY’s Paul Brody lays out bullish signals for crypto despite market carnage
Considering that significant value has been lost in the cryptocurrency market over the course of the past few months, with over a trillion in fact being wiped out, onlookers are searching for a cataly...
Solving the Complexities of Crypto Tax & Accounting With the Experts at Ledgible – Sponsored Bitcoin News
sponsored As crypto matures and continues along its path of inevitable adoption, so too does the importance placed on adequately accounting for crypto as an asset class and a source of income. Cryptoc...
Online Brokerage M1 Finance Unveils Support for Crypto Trading Accounts – crypto.news
M1 Finance, a US-based brokerage firm, will soon launch cryptocurrency accounts and offer commission-free trading services for ten digital assets. M1 Finance to Launch Crypto Trading Accounts M1 Finan...
Crypto winter presents an opportunity amid chaos, says asset group exec
Bear markets often result in investors showing extreme fear in tools that measure the market’s sentiments. However, despite the uncertainties during a crypto winter, some prefer to focus on the opport...
Sri Lankan officials maintain crypto snub despite economic collapse
The Central Bank of Sri Lanka (CBSL) reiterated its anti-crypto stance in a new notice dated July 12. It confirmed that no entities are authorized to carry out digital asset activities, warning that u...
Binance Coin (BNB) Creates Second Higher Low Since June 18.
Binance Coin (BNB) is at the middle of a parallel channel that has been in place since Nov 2021. Whether it reclaims the midline or gets rejected by it could determine the direction of the future tren...
Asia’s Largest Play-2-Earn Crypto Expo to Kick Off in Bangkok August 10 to 13
(June 1st, 2022) Play-2-Earn Hybrid Expo Asia, the world’s first event focused specifically on the Play-2-Earn industry for businesses only, is to be held this year in Bangkok, Thailand from August 1...
South African Reserve Bank will regulate crypto as financial assets to make it ‘mainstream’
South Africa Reserve Bank (SARB) deputy governor Kuben Naidoo has confirmed that the country is set to roll out cryptocurrency regulations that will partly support the sector. Speaking during a webina...
Litecoin price analysis: LTC recovers to $48 as coin rejects further downside below $46
The Litecoin price analysis shows the cryptocurrency is in bullish mode today, as the price has started to recover today after some stronger corrections observed till yesterday. LTC was in a downtrend...
G20 Crypto Rules Due In October 2022
Given the current volatility in the cryptocurrency market and its growing interconnection with the traditional financial system, the FSB appears to be increasingly worried about the cryptocurrency mar...
Funding for Crypto Startups Falls to One-Year Low
Digital currencies, public stocks and venture capital backing crypto startups have finally cooled down after massive growth due to the effects of an economic storm, according to Bloomberg. Bloomberg r...
Kazakhstan raises crypto miners’ taxes
– Advertisement – Cryptocurrency miners in Kazakhstan may face higher tax rates under a new bill signed by the country’s parliament Kazakhstan President Tokayev has signed a new piece of l...
Texas Bitcoin Miners Shut Down Operations Due to Heat Wave – crypto.news
Industrial Bitcoin miners in Texas have shut down operations in response to a request from the state’s grid operator amid a current heat wave, while projecting an increased demand for electricity. Cry...
Best place to stake crypto – navigating in the rough sea of crypto in 2022
It’s okay not to be sure where is the best place to stake crypto this year – the cryptocurrency market isn’t just rough, it’s wild! If you’re looking for the best website to stake crypto, it means tha...
Algorand Crypto: The Greenest Blockchain of the Future? – Everything you need to know!
The cryptocurrency market is presently one of the most promising as well as volatile markets. It contains countless projects focused on blockchain. Since Bitcoin’s sudden success, many people have use...
Operator of UPbit Crypto Exchange Earmarks $400M to Invest in Web3 Startups
Dunamu, the operator of the South Korean crypto exchange UPbit, announced on July 12 that will inject around 500 billion won ($385 million) into 500 Web3 startups in the next five years. The release h...
Tech can’t remove all financial risks, crypto regulation needed: BOE
Regulators need to “get on with the job” of bringing the use of crypto technologies within the “regulatory perimeter,” says Jon Cunliffe, Bank of England’s deputy governo...
Buffett’s right-hand man Charlie Munger says investing in crypto is ‘almost insane’
Although the cryptocurrency industry is growing exponentially, digital assets are increasingly popular as an alternative to traditional money, and governments and financial institutions around the wor...
You can now buy a condo in Canada with Bitcoin as developer integrates crypto payments
Canadian real estate developer Ray Junior Courtemanche has announced that his company, SKYBLÜ Condos Cité Mirabel, will now accept cryptocurrency payments for condos. In a press release on July 13, t...
Brazil’s PicPay to launch crypto payments and real-pegged stablecoin
Popular Brazilian mobile payment app PicPay announced Monday that it plans to start supporting cryptocurrency payments, as well as launch its own cryptocurrency exchange and a stablecoin pegged to the...
Can Crypto Derivatives Beat the Volatility Trap?
The 2020s have not been a stable time for the markets. When volatility wasn’t a problem, there were long lapses of pandemic-induced business shutdowns that wreaked havoc on consumer income. Even those...
Crypto Products See Second Consecutive Week of Negligible Inflows
Digital asset and crypto investment products saw a second consecutive week of negligible inflows this past week, amounting to $15 million. These inflows enabled total crypto assets under management (A...
‘Multiple’ Crypto Lending Firms Are Under Investigation, Says California Regulator
California Department of Financial Protection and Innovation (DFPI) announced on Tuesday that it is investigating several firms nationwide that provide customers with interest-bearing crypto-asset acc...
Crypto Daily – Daily Crypto And Financial News 13/07/2022, G20 Introducing Global Crypto Rules In October
In Todays Headline TV CryptoDaily News: G20 regulator to present first global crypto rules in October The Financial Stability Board, which includes central bankers and treasury officials from G20 coun...
Vauld Crypto Lender Discloses $70 Million Shortfall, Hopeful of a Takeover Deal with Nexo – crypto.news
Vauld has disclosed a shortfall of $70 million to its creditors. The centralized crypto lending platform says it still holds $300 million worth of assets and liabilities worth roughly $400 million. A ...
Here’s How Ethereum (ETH) Makes Its Way to $10,000, According to Top Crypto Analyst
A top crypto analyst is laying out his long-term roadmap for Ethereum (ETH) to surge to a new all-time high of $10,000. Pseudonymous trader Kaleo tells his 527,600 Twitter followers that ETH could sin...
US Treasury Asks for Public Input on Crypto Benefits and Risks
The United States Treasury has published a statement saying that it wants comments on the benefits and risks of cryptocurrencies. The commentary period will run until Aug. 8. The United States Treasur...
Liquidators can subpoena 3AC founders despite ‘tricky issues’ with crypto assets
A United States (U.S.) court has given liquidators permission to subpoena the founders of crypto investment firm Three Arrows Capital (3AC), including Su Zhu and Kyle Davies. According to a report by ...
California regulator investigating crypto interest accounts
The California Department of Financial Protection and Innovation (DFPI) has warned consumers to “exercise extreme caution” when dealing with interest-bearing crypto-asset accounts. The DFPI stated tha...
Financial Regulators In Vermont Join Multistate Investigation Of Embattled Crypto Lender Celsius
– Advertisement – Vermont regulators go after Celsius. In a statement on Tuesday, Vermont’s Department of Financial Regulation reveals that it is joining investigations against Celsius as ...