Bitcoin forecast to hit $200K by end of 2025: Bernstein
Bernstein’s report is the latest in a series of bullish forecasts from institutional market researchers ahead of the November US presential election.
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US Lawmaker Reintroduces ‘Safe Harbor’ Crypto Tax Bill in Congress
United States Congressman Tom Emmer has reintroduced his Safe Harbor for Taxpayers with Forked Assets bill, according to a press release published July 9.The reintroduced version of the bill appears to have been published on July 3, based on the date printed within the document.Emmer initially announced plans for the Forked Assets bill in 2018…
Bitcoin security still a concern for some institutional investors
Security of cryptocurrency custodial services is still among significant hurdles preventing institutional investors from buying crypto for the first time, new data suggests. 181 Total views 2 Total shares United Kingdom-based crypto fund Nickel Digital Asset Management released a survey of 100 wealth managers and global institutional investors to find out the biggest investor concerns…
Cross-Platform Blockchain Project Cosmos Launches First Hub After $17 Million ICO
Blockchain platform Cosmos, which is set to work as a mediator between different blockchains, has officially launched the first hub of its ecosystem on Wednesday, Mar. 13. The Cosmos initial coin offering (ICO), held in April 2017, raised a little more than $17 million.The Cosmos Network, which describes itself as “The Internet of Blockchains,” was…
First look: Spike Lee’s TV ad for crypto touts it as new money for a diverse world
Spike Lee’s new ad dubbed “The Currency of Currency” launched online today, and the two-minute spot depicts crypto as new money for a diverse world. The 64-year-old Oscar winning filmmaker directed and starred in the commercial for crypto ATM provider Coin Cloud, and in the ad, he explores themes such as racial and financial inequality,…
Mainland China investors won’t be able to buy Hong Kong Bitcoin ETFs
Mainland Chinese citizens will not be able to purchase Bitcoin and Ether ETFs in Hong Kong because mainland China banned crypto transactions years ago.
Iranian Government to Cut Off Power to Crypto Mining Until Approval of New Energy Prices
The Iranian government will be cutting off power to crypto mining until new energy prices are approved, according to a report by local news agency Iran Daily on June 24.Mostafa Rajabi Mashhadi, an official at Iran’s Ministry of Energy, reportedly revealed that the country has seen a 7% spike of electricity consumption over a monthly…
All Cryptos See Major Losses as Market Hit by Distinctly Unfestive Correction
Friday, Dec. 25 — crypto markets are lacking in Christmas cheer, with many major crypto assets hit with double-digit losses. Virtually all of the top 100 coins by market cap are in the red, as data from Coin360 shows.Market visualization by Coin360Largest cryptocurrency Bitcoin (BTC) has plummeted over 9 percent on the day, and is…
ePayments shutters as FCA Anti-Money Laundering regulations tighten
The electronic payment provider is permanently closing operations due to the inability to satisfactorily meet the standards of the FCA after suspending operations for three years. 273 Total views 3 Total shares The electronic payments provider ePayments is putting the final nail in the coffin of its operations. ePayments issued email notices to clients on…