Crypto Super PAC spends $2M on attack ad targeting NY lawmaker

Financial analysts say a growing number of retail investors are betting on Bitcoin (BTC) as a hedge against macroeconomic turbulence during the protracted United States-China trade war.The London Economic reported the news on Aug. 29, citing data from eToro, a United Kingdom-based multi-asset investment platform and social network.Correlated uptick in Bitcoin, gold positionsEToro’s data reveals…

Yeo Min-soo, the CEO of South Korean internet giant Kakao, said that his firm’s Klaytn blockchain is similar to Facebook’s Libra except it is way ahead in its development.According to the Korea Herald on Nov. 28, Min-soo lauded Klatyn’s development during the first Klaytn Governance Council Summit held in Seoul:“Facebook’s Libra launched last month with…

Exponential monthly growth in demand should propel Bitcoin to $100,000 by the end of 2021, according to the CEO of SkyBridge Capital, Anthony Scaramucci. 1798 Total views 32 Total shares Anthony Scaramucci, CEO and founder of SkyBridge Capital, thinks Bitcoin (BTC) can reach $100,000 before the end of the year, mainly due to the exponential…

“This will create an entirely new set of digital network effects that will attract new customers and be accretive to existing customers in our core retail stores,” said interim CEO Howard Schultz. 321 Total views 27 Total shares Global coffee store franchise giant Starbucks is looking to launch a new Web3 rewards program to attract…

Several analysts have predicted big gains for the number two cryptocurrency by market cap, Ethereum, in the next few months. One even suggested a replay of his 100% surge prediction from early last year, in a tweet on Jan. 1.Falling wedges break upside 68% of the timeLast week, analyst Manu Naik pointed out that the…

The commodities regulator has begun the process of getting a court ruling on the Ooki DAO case after the latter failed to respond to the lawsuit by the deadline. 132 Total views 42 Total shares Own this piece of history Collect this article as an NFTThe Commodity Futures Trading Commission (CFTC) has begun the process…

On Aug. 28, the Ministry of Economy of Kyrgyzstan has submitted the draft law “On Amending the Tax Code” with the aim of introducing cryptocurrency mining taxation.New tax proposalAccording to news outlet Kabar, the draft law was specifically developed to allow for the possible taxation of crypto mining.The taxation on cryptocurrency mining is expected to…

After two years, Coinbase and Kraken said they will re-enable XRP trading, iTrustCapital announced it already relisted the token, and exchanges including Gemini may follow suit. 322 Total views 1 Total shares Following a victory in federal court against the United States Securities and Exchange Commission (SEC), Ripple Labs may see the XRP token returning…

Experts from the Bank of Canada have released their thoughts on how a digital dollar should be available to all Canadians. 2491 Total views 42 Total shares A digital Canadian dollar should imitate traditional banknotes in terms of availability and accessibility, according to staff from the country's central bank, the Bank of Canada.In an analytical…