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Nalezeno "Bitcoin News": 10748

Infra Bill Change Hope Alive as House Disquiet at Crypto Provisions Grows


Pressure is growing in Congress with crypto advocates hopeful of convincing the House of the need to amend a much-maligned infrastructure bill that contains a veritable minefield of reporting obligations for miners, validators and software developers. Politico called the effort a “long-shot bid,”...

Bitcoin and Ethereum Try to Recover, ADA Nears USD 2


Bitcoin price failed to extend gains above the USD 46,500 resistance. BTC started a downside correction below USD 45,500 and USD 45,000. However, it found support near USD 44,000 and it is currently (04:35 UTC) recovering losses. Besides, most major altcoins are trimming losses. ETH dived towards...

Investors Pour Billions in Crypto & Blockchain as Bets Get Bigger


Despite the number of deals dropped, in the first half of this year, total global investments in blockchain and cryptoassets more than doubled the amount injected in these industries in the whole of 2020, reaching USD 8.7bn and soaring past the previous annual record posted in 2018, at USD 7.2bn...

Japanese Crypto Sector Launches Consolidated Tax Reform Bid


Two of Japan’s biggest crypto business groups have launched a joint bid to persuade the government to revise its crypto tax laws. Japanese law currently stipulates that crypto traders must pay levies of up to 55% on their profits. However, a number of players in the sector – as some opposition...

Bitcoin Mining Difficulty to Jump Again As More Miners Return to Work


Bitcoin (BTC) mining difficulty is expected to go up again in less than a day, following the last adjustment's important increase. The relevance of the previous increase is not so much in the percentage, which was 6%, but the fact that it had broken the second-longest drop streak in Bitcoin's...

Bitcoin and Ethereum Lack Momentum, XRP Tests USD 1


Bitcoin price is stuck in a range above the USD 45,000 support zone. BTC seems to be facing a strong selling interest above USD 46,500. It is currently (05:34 UTC) consolidating near USD 45,000. Most major altcoins are also correcting gains. ETH spiked above USD 3,250 and it is now consolidating...

Fitch Warns Spezialfonds & Crypto Market, US Inflation Eases + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. _____ Investments news The volatile nature of crypto markets will present particular challenges to fund managers that include cryptoassets...

Poland Should Either Join Eurozone Or Issue Own CBDC - Stock Exchange CEO


To maintain Poland’s capacity to freely conduct its monetary policy, the country’s authorities will need to make a choice: join the eurozone, or launch a national central bank digital currency (CBDC), according to Marek Dietl, CEO of the state-controlled Warsaw Stock Exchange (WSE). The National...

Can Bitcoin Realize the Target of $100,000 Any Time Soon?


Bitcoin has been on an upward trajectory for almost 20 days, and we have witnessed more and more participation from different buyers. Particularly the easing of grey market woes, where people predicted the fall of Bitcoin as the funds become available to be used. Witnessing a strong reversal from...

Beijing Court to Create Property Right Framework for ‘Digital Currencies’


The Beijing Financial Court has outlined its intention to protect the property rights of “digital currency” holders – but only if such “currencies” are “legally” recognized by the Chinese state. Speaking at a press conference held at the court yesterday, Cai Huiyong, who was appointed as...

BitMEX Wants to Expand Capacities After Paying USD 100M to US Regulators


Major crypto derivatives platform BitMEX has seen a resolution of its row with the US regulators, which its CEO said “will only accelerate [their] evolution.” However, with criminal charges still hanging over its founders, BitMEX will need to have independent consultants investigate its transaction...

Bitcoin and Ethereum Struggle, ADA and XRP Rally


Bitcoin price failed to settle above the USD 46,500 resistance level. BTC is correcting gains and it is trading below the USD 46,000 level. It is currently (03:43 UTC) still above USD 45,500, but there are chances of a downside correction. While most major altcoins are showing positive signs,...

Korbit Reopens Offline Customer Service Center in Seoul’s Busy Gangnam


Trading volumes may have dipped recently at crypto exchanges in South Korea and regulatory issues continue to plague the industry, but some trading platforms are staying positive – and the nation’s first-ever exchange has taken the bullish step of reopening its flagship bricks-and-mortar customer...

SEC’s Pierce Returns to the Warpath to Criticize Poloniex Settlement


Source: A screenshot, Youtube/CNBC Television One of the commissioners of the America financial regulator, the Securities and Exchange Commission (SEC), has launched another blistering attack on her own organization after the Poloniex crypto exchange agreed terms on a circa USD 10.4m settlement...

Venmo's Cash Back to Crypto, Investment Flows + More News


Source: Adobe/Игорь Головнёв Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. _____ Adoption news Venmo said it has launched Cash Back to Crypto, a new way for Venmo Credit Card customers...

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