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El Salvador Brings New Global Puzzle - What Is Bitcoin & How To Tax It?
9.6.2021
There is a great number of issues debated today following the major news that El Salvador recognized the world's number one cryptocurrency, bitcoin (BTC), as legal tender. This may bring some important changes when it comes to how bitcoin is treated on the legal stage globally. However, in what...
Here’s what would happen to Bitcoin if the government tried to take it over
9.6.2021
Fear mounted as the FBI announced that it helped Colonial Pipeline retrieve a portion of its BTC ransom payment, but can the government actually take over Bitcoin and the network?
Interactive Brokers to Launch Cryptocurrency Trading End of Summer, CEO Reveals
9.6.2021
Interactive Brokers will add cryptocurrency trading to its platform by the end of the summer, CEO Thomas Peterffy has revealed. The platform has about 1.33 million customer accounts and $330.6 billion in customer equity as of the first quarter. Interactive Brokers to Offer Cryptocurrency Trading...
New Major Players Enter Crypto Market, China Hides Binance, OKEx & Huobi + More News
9.6.2021
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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Investments news
Interactive Brokers Group plans to begin offering crypto trading through its brokerage by the end of the summer, Reuters...
Can a rising CPI boost Bitcoin? 3 reasons BTC price is rebounding above $36K
9.6.2021
Economists expect the annual Consumer Price Index (CPI) to climb to 4.7%
Report: Document Shows Specific Bitcoin Miners in Xinjiang Instructed to Shut Down
9.6.2021
An official notice stemming from the Changji prefecture government in Xinjiang details that officials from the Zhundong Economic-Technological Development Park must instruct bitcoin miners to shut down. China’s province of Xinjiang is a highly concentrated region of bitcoin miners and bitcoin...
US Investors Dominated Bitcoin Gains in 2020
9.6.2021
US crypto investors raked in more than USD 4bn in realized bitcoin (BTC) gains in 2020, more than three times the gains made by Chinese investors, at USD 1.1bn, followed by crypto traders from Japan, the UK, and Russia, according to blockchain analysis company Chainalysis. That said, the report...
Bitcoin miner Poolin immortalizes El Salvador's BTC adoption on the blockchain
9.6.2021
El Salvador accepting Bitcoin as legal tender is now forever etched on the blockchain as mining pool Poolin adds a newspaper headline to block 686,938
Mystery Whale Returns by Moving $35 Million — Miner Transfers 1,000 ‘Sleeping Bitcoins’ from 2010
9.6.2021
Two months after the mystery mining whale from 2010 transferred a string of 20 block rewards with 1,000 bitcoin on March 23, it seemed as though the entity was finished, after spending 10,000 bitcoin total. However, it took 78 days for the whale’s next move, as another 20 blocks from 2010...
Major US trading platform Interactive Brokers to offer cryptocurrency trading
9.6.2021
Interactive Brokers wants to offer as yet unnamed cryptocurrencies to its traders
'Locked-Out' Users Sue Coinbase For North of USD 5M
9.6.2021
Source: A screenshot, Instagram, Coinbase
Six Coinbase users are taking the crypto exchange giant to court to seek more than USD 5m in compensation for themselves and other users who were allegedly locked out of their accounts for several months or longer at a time.
According to a complaint filed...
Hong Kong to Connect Digital Yuan With Domestic Payments System in Cross-Border Trials
9.6.2021
Financial authorities in Hong Kong have announced a second phase of trials for mainland China’s digital currency. As part of the upcoming tests, the city will link the Chinese digital yuan to its domestic payments system to evaluate the CBDC’s usability in cross-border scenarios. Hong...
Bitcoin price gains 6% as Bloomberg analyst favors $40K over $20K next
9.6.2021
The odds are on for a continuation to $40,000, Mike McGlone argues, but not everyone is so sure
Bitcoin, Ethereum and Altcoins Shoot Higher
9.6.2021
Bitcoin price formed a base above the USD 31,000 and USD 32,000 levels. BTC started a decent recovery wave above the USD 33,500 resistance. It is currently (12:14 PM UTC) trading above USD 34,000 and might attempt an upside break above USD 35,000.
Similarly, most major altcoins are recovering...
MicroStrategy nets $1.6 billion in junk bond offering to buy Bitcoin
9.6.2021
The firm initially sought a $400-million bond offering
Uganda Museum Collaborates With Software Development Firm to Create NFTs for Display on Binance Marketplace
9.6.2021
One of Africa’s oldest museums, the Uganda National Museum (UNM), is set to create digital representations of the unique artifacts that are on display at this facility. Working in concert with software development firm Murcom, Uganda’s biggest museum is expected to display and auction...
SEC Commissioner Worried Tight Regulation Could Thwart Crypto Innovation
9.6.2021
Hester Peirce. Source: a video screenshot, Youtube, Blockland Solutions
A senior official from the US Securities and Exchange Commission (SEC) has voiced her opposition to attempts by her fellow regulators to enforce strict regulation on cryptoassets instead of promoting self-regulation....
Dogecoin frenzy forces UK fund manager to offload $1.1 billion Bitcoin stash
9.6.2021
Ruffer revealed on Tuesday that it had sold its $600M position for $1.1B, citing concerns over excessive speculation across the cryptocurrency market
Bitcoin and Ethereum transaction fees sink 95% from all-time highs
9.6.2021
Reduced network activity is resulting in lower fees for Bitcoin and Ethereum, as both recede heavily from their all-time highs
Crypto Payments App Bottlepay Is Now Available Across Europe
9.6.2021
U.K.-based crypto payments provider Bottlepay has started offering services in other European countries. Users on the Old Continent will be able to send and receive even small amounts of euro and also buy, store and spend bitcoin with merchants accepting cryptocurrency. Bottlepay Promises Low-Cost...