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IRS Agent Poses as Bitcoin Trader Called ‘Mr. Coins,’ Biden’s IRS Wants ‘Outflow and Inflow’ Data From Banks
2.9.2021
Over the last few weeks, Americans have read about the U.S. Internal Revenue Service (IRS) upping its tax enforcement to catch cryptocurrency users who have not paid taxes. According to one report, the IRS may get access to bank inflows and outflows via Joe Biden’s American Families Plan....
Singapore vs. Binance, Investment Giant Looks for Crypto Traders + More News
2.9.2021
Singapore. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Exchanges news
Singapore’s financial regulator, the Monetary Authority of Singapore (MAS), said that Binance may be in breach...
Crypto Economy Gains 83% in Value Over Last 3 Months, Myriad of Lesser-Known Coins Spike
2.9.2021
The overall market capitalization of all 10,000+ digital assets has reached a September high of $2.33 trillion as it has risen over 5% on Thursday. The crypto economy hasn’t been at this U.S. dollar value since mid-May or approximately 108 days ago, as the value has increased 83.46% since...
Belgian startup debuts Bitcoin payments for parking tickets
2.9.2021
The company says it expects Bitcoin and other cryptocurrencies to come into greater everyday use, especially once tokens become more environmentally friendly
South African Tax Body Updates Crypto Tax Guidance, Confusion Persists
2.9.2021
In late August, the South African Revenue Service (SARS) released new guidelines that clarify the correct treatment of taxable crypto events. The new guidance, which was published on the revenue collector’s webpage, explains how cryptocurrency-related income should be disclosed in...
Bitcoin bull run sparks $180K BTC price prediction ahead of institutional 'fireworks'
2.9.2021
Multiple Bitcoin buy-ins are due to be reported next week, an analyst notes as attention increasingly focuses on a fresh battle for BTC all-time highs
Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon
2.9.2021
The Play-to-Earn NFT based Polker.Game‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that...
Bitcoin Again Looking Bullish as Price Tests USD 50K
2.9.2021
The price of the number one cryptocurrency bitcoin (BTC) once again traded above the key USD 50,000 level today, as technical analysts say the price is in “an interesting spot,” and on-chain metrics appear strong.
At the time of writing (11:08 UTC), bitcoin was up by 5% for the past 24 hours....
Bitcoin Plays With USD 50K, Ethereum, ADA, XRP Target Additional Gains
2.9.2021
Bitcoin price started a steady increase above the USD 48,500 resistance. BTC is currently (11:57 UTC) gaining pace above USD 49,500 and it could rally further above USD 50,000. A close above USD 50,000 might set the pace for a move towards USD 52,000.
Besides, many major altcoins are rising...
Shop.com Announces Cryptocurrency Acceptance to ‘Kick off the Next Chapter’ of Business
2.9.2021
This past weekend at the Market America Worldwide Shop.com 2021 International Convention (MAIC2021), the president of the e-commerce firm, Steve Ashley, announced Shop.com sites from around the world will be accepting cryptocurrencies via Bitpay. This means that bitcoin, ethereum, bitcoin cash,...
MicroStrategy stock flips bullish with MSTR a Bitcoin 'proxy' for institutional investors
2.9.2021
The bullish setup has appeared after MSTR's increasingly positive correlation with Bitcoin, the flagship cryptocurrency which has surged 339% year on year and is now struggling to close above $50,000
Three Different Possible Bitcoin Adoption Methods in Global Context
2.9.2021
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
This year, El Salvador became the first country in the world to legalise Bitcoin as a form of payment, according to the latest reports. Reactions in the capital San Salvador were mixed. Some...
UK Students Turn To Crypto Investments Amid Financial Woes
2.9.2021
A rising number of UK students are turning to investing in cryptocurrencies to finance their living costs. Since last year, the share of students who make money from crypto has tripled from 2% to 6%, according to a recent survey by British financial advice website Save the Student.
The National...
Binance CEO says US crypto exchange will go public in three years
2.9.2021
Binance US plans to close a major private funding round in the next two months to become more independent from Binance
Poll: 3 Out of 4 Russian Investors Would Rather Buy Cryptocurrency Than Gold or Fiat
2.9.2021
An overwhelming majority of Russian investors view cryptocurrencies as a more attractive investment proposition than traditional fiat currencies or gold, a new survey has established. Even among those who have never traded digital assets, most already think of buying crypto in the near future....
BTC price returns to $50K as Bitcoin bears lose $450M in daily liquidations
2.9.2021
September turns out to be anything but boring for Bitcoin as shorts lose big on a fresh move above the $50,000 mark
Offchain Labs Launches Arbitrum One Mainnet — Startup Raises $120 Million
2.9.2021
On August 31, 2021, Offchain Labs announced the official launch of Arbitrum One mainnet and further detailed that the company has raised $120 million in funding. The Series B financing led by Lightspeed Venture Partners gives the firm a $1.2 billion valuation. Arbitrum One Mainnet Is Now Live...
The Highly Anticipated Carbon Social Platform Has Launched
2.9.2021
PRESS RELEASE. The highly anticipated new crypto friendly social platform, Carbon, has launched. Carbon has been in beta stage since March, undergoing thorough testing, improvements and added features and gaining over 12,000 beta testers. Offering an emphasis on free speech as well as great...
Bitcoin Nears USD 50K, Ethereum, Cardano Rally
2.9.2021
Bitcoin price remained well bid above the USD 46,500 level. BTC started a fresh increase above the USD 48,500 resistance level. It is currently (04:25 UTC) trading above USD 49,200 and it might soon clear USD 50,000.
Similarly, many major altcoins gained bullish momentum. ETH is up almost 9% and...
Iranian Ministry of Industries Denies Power Shortages Are Caused by Illegal Crypto Miners
2.9.2021
Iran’s Ministry of Industries, Mining and Trade has rejected claims blaming illegal cryptocurrency miners for the continuing electricity shortages in the country. The department believes the state-run utility company, Tavanir, has overestimated their role in the power deficit. Illegal Miners...