Elon Musk says own ‘physical things’ when inflation is high, but he’s not selling his crypto

Elon Musk, CEO of Tesla, stands on the construction site of the Tesla Gigafactory in Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images As inflation roars at a p...

Japan to Fine Crypto Exchanges for Violating Russia Sanctions

Japan’s Financial Services Agency (FSA) and Ministry of Finance have jointly announced on Monday that they have laid out a plan to penalize cryptocurrency exchanges who are violating economic sanction...

Can Crypto FIREPIN Tokens (FRPN) and Stellar Tokens (XLM) Become Twice the Value Next Week?

As new cryptocurrencies rise, it is challenging to understand where to invest next. FIREPIN (FRPN) and Stellar (XLM) tokens are on their way to becoming the next grand crypto craze. These cryptocurren...

US President Biden’s Crypto Executive Order- What Are The Implications? We Talk To 31 Crypto Heavy Hitters!

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Origin Protocol (OGN) price is up by 55% today: here’s where to buy the coin

After dropping to nearly the lows of 2020, Origin Protocol (OGN) has today taken the crypto market by surprise after registering a rise of more than 55%. To help investors and traders who are eyeing t...

Solana (SOL) 68% Correction Leads Coin to Lowest Price Since August

Arman Shirinyan Solana reaches another local bottom as the recovery of the asset does not seem to be around the corner Despite the continuous development of the Solana network, the price of the asset ...

Solana Pay could increase the speed of crypto payments 

Solana Pay could boost crypto payments that will involve various FTX tokens  Standardized payment specifications will help merchants with swift payments  Point-of-sale software makers will also have t...

Bitcoin And Crypto Are Braced For A Huge Week As The Price Of Ethereum, BNB, XRP, Solana, Cardano, Terra’s Luna And Avalanche Swing

The following is an excerpt from the daily CryptoCodex email newsletter. Sign up now for free here Musk magic fades ✨ Elon Musk, the Tesla billionaire who last year could create and destroy billions o...

Tax expert says buying crypto is not a taxable event

While many refer to crypto as the “Wild West,” some believe that this may only continue for a little longer. Thomas Shea, crypto tax leader at EY Financial Services, told Cointelegraph that taxation f...

Goldman Sachs and JP Morgan wind down operations in Russia, crypto takes a toll 

Crypto takes a hit in Russia as JP Morgan and Goldman Sachs halt Russian operations  Growing sanctions over Russia with the current war has battered the economy  Citigroup’s consumer business operatio...

Ukraine: crypto donations on the rise

Since the government of Ukraine asked the international community on 26 February to accept donations in cryptocurrency to help the country during the Russian invasion, donations have risen to more tha...

Japan Orders Crypto Exchanges Not To Process Transactions Involving Russian Assets

On Monday, Japanese authorities directed cryptocurrency exchanges to refrain from processing transactions involving digital assets that are liable to asset freeze restrictions on Russia and Belarus ov...

China’s Bitmain Gets Foothold in US Crypto Mining Operation

Chinese chipmaker Bitmain has secured a foothold in one of America’s largest crypto-mining centers with a partnership with Allrise Capital.  Together, they plan to convert a former paper mill in Washi...

Elon Musk Confirms He Has No Plans to Sell Crypto

The United States of America is facing a rapid increase in the country’s inflationary indexes. According to the billionaire carmaker Elon Musk, the pressure of this steep inflation is being felt by Te...

A Digital Dollar Is On The Horizon And Could Change The Entire Crypto Landscape As We Know It ⋆ ZyCrypto

Advertisement &nbsp &nbsp The development of a digital dollar appears more feasible following Biden’s order. A digital dollar is expected to impact everything from taxation to...

Standard Chartered’s crypto custodian to help clients earn yield on token holdings

A crypto custody startup spearheaded by financial services giants Standard Chartered and Northern Trust is plotting new products aimed at generating yield for institutional investors. Maxime de Guille...

Russia’s Crypto Transactions Plummet to 50% Amidst an Expected Rise

Cryptocurrencies have become a hot topic in the ongoing political conflict between Ukraine and Russia. While Ukraine is receiving crypto donations from all over the world, many believe Russia will joi...

Tesla’s Elon Musk Says He’s Not Selling His Crypto Holdings. Bitcoin Is Up.

Text size Bitcoin Dreamstime Dogecoin, Bitcoin and Ether briefly spiked on Monday after Tesla (ticker: TSLA) CEO Elon Musk tweeted that he still owns the cryptocurrencies and won’t sell.   Dogecoin (D...

ConsenSys founder says the Russia-Ukraine crisis could foster crypto adoption

The war in Ukraine has created a new perspective about the use of cryptocurrencies. Cryptocurrency activities in Ukraine have surged over the past two weeks due to the effects of the war on the countr...

Japan orders crypto exchanges to comply with Russia sanctions

Japanese authorities have told crypto exchanges to comply with sanctions imposed on Russia. To do this, it has asked them not to process transactions subject to the sanctions against Russia and Belaru...

Japan Asks Crypto Exchanges to Cooperate in Sanctions Against Russia

Japan’s lawmakers have asked crypto exchanges to cooperate in the sanctions imposed against Russia. The request comes as governments pay attention to whether crypto can be used to avoid sanctions. The...

Mexican drug cartels use crypto to move funds 

Cryptio worth $25 billion has been moved by Mexican drug cartels  Dangerous realms of drug cartels have found their way into crypto  Unlawful activities are being funded by bitcoin across countries  I...

US government agencies obliged to now really understand crypto following Biden executive order

Following president Biden’s signing of the recent crypto executive order, government agencies will finally be forced to get their heads around understanding exactly what cryptocurrencies are, and how ...

Ethereum Scaling Altcoin Surges 79% in Just One Week After $200,000,000 Funding Raise

An altcoin focused on the non-fungible token (NFT) sector has surged while most of the digital asset markets consolidate or trend down. Immutable X (IMX) is a scaling solution for Ethereum NFTs that a...

Crypto.com Has Enhanced Its Operations with New Senior Hires

Crypto.com announced that it has enhanced its operations with new senior hires. Recently announced in a press release shared with Finance Magnates, Crypto.com, a digital asset firm that was founded in...

Ukraine Receives Military Supplies via Crypto Donation

Cryptocurrencies undoubtedly came to the rescue when Ukraine called for donations through it as its territories were invaded by Russia almost late last month. With more than $100 million donated so fa...

US Labor Department Urges Caution over Crypto Investment in 401k Retirement Plans

The U.S. Department of Labor (DOL) on Friday warned employers and retirement plan providers to “exercise extreme care” before they consider cryptocurrency into their investment option for plan partici...

FED Rate Hike Is Expected This Week, Here’s What Might Happen with Crypto

Arman Shirinyan One of the most important events for the US economy is closer than ever Contents FED hikes the key rate FED leaves same rate The Federal Reserve System of the United States is expected...

EU to Vote Restricting PoW-based Crypto Assets

The European Union could see a major change in the cryptocurrency industry as proof-of-work (PoW) cryptocurrencies face an indeterminate future. Proof-of-work cryptocurrencies are designed in an energ...

Japan Asks Crypto Exchanges to Cancel Russian Sanction Related Transactions

Following concerns from the Group of Seven (G7) nations, Japan has requested crypto exchanges to cancel transactions of crypto assets that are subject to asset-freeze sanctions against Russia and Bela...

As Crypto Prices Drop, Tom Brady Unretires

Alex Dovbnya Some are half-jokingly speculating that Tom Brady’s retirement could be linked to the disastrous performance of the cryptocurrency market Superstar quarterback Tom Brady’s sho...

Stripe Resumes Crypto Service Offerings, Partners with FTX

Stripe, an Irish-American financial services company dual-headquartered in San Francisco, US and Dublin, Ireland, has jumped back into the cryptocurrency business after four years of attempting. The g...