Bitcoin battles key resistance as trader flags $100K BTC price 'magnet'
BTC price momentum is building as Bitcoin bulls attempt to cement $69,000 as support this month.
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Global Web3 metaverse and tax initiatives continue in the face of a market meltdown
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.In 2021, nonfungible tokens became the biggest disrupter in art, with artists minting, exhibiting and auctioning them and…
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Nifty News: NFTs in space, defunct CryptoPunks, Ernst & Young gets in on the act
One small step for NFTs...Two companies teamed up to stream a recording of composer Claude Debussy’s “Clair de Lune” to, and from, the International Space Station on July 28, reportedly marking the first instance in which a nonfungible token (NFT) has orbited the Earth.The orbital NFT expedition is the product of a partnership between Artemis…
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Bitcoin’s price won’t ‘dramatically’ increase from here, says billionaire
Peter Thiel also believes that Bitcoin’s original vision as a cypherpunk, crypto-anarchist, freedom tool hasn’t been fulfilled.
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Bitwise White Paper: Fake Trading Volumes by Exchanges Do Not Impact BTC Prices
American crypto investment manager Bitwise released a paper claiming that fake trading volumes by crypto exchanges do not impact bitcoin’s (BTC) price. Released on May 24, the white paper is an extended version of Bitwise’s March presentation alleging that 95% of volume on unregulated exchanges is fake.Published on the official website of the United States…
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Taliban had a ‘massive chilling effect’ on Afghan crypto market: Report
Crypto value received in Afghanistan surged in the wake of the Taliban seizing power in August 2021, but crypto markets have flat lined under the regime. 127 Total views 25 Total shares The Taliban’s takeover of Afghanistan has had a “massive chilling effect” on the local cryptocurrency market, bringing it to an effective “standstill,” according…
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Sumitomo and BitFlyer to Build Blockchain Real Estate Platform in Japan
Japanese commercial giant Sumitomo Corporation has partnered with a sister company of local cryptocurrency exchange bitFlyer to launch a blockchain real estate business.As Cointelegraph Japan reported on July 23, bitFlyer Blockchain will develop an umbrella platform for renting real estate, driven by smart contracts on its in-house Miyabi blockchain. Speaking to local tech news outlet CNET…
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Bitfinex ‘Chainswaps’ $5M Worth of USDT Onto EOS Protocol
Cryptocurrency exchange Bitfinex in conjunction with EOSFinex, its decentralized trading platform, have announced that they had successfully completed a “chainswap” to convert $5 million worth of Tether (USDT) stablecoins onto the EOS blockchain protocol.According to a press release shared with Cointelegraph on Oct. 5, this way the companies aim to “provide the EOS DApp ecosystem…
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Litecoin halving completes as LTC sees increased payments adoption
Litecoin block rewards have now halved to 6.25 LTC as the halving clock is reset for another four years. 296 Total views 1 Total shares The Litecoin halving event has been completed with block rewards now halved at 6.25 Litecoin (LTC) per block. On Aug. 2, the Litecoin blockchain went through its automated halving procedure at…