Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker

A report by investment management firm VanEck shows that Bitcoin can greatly improve the “risk and return reward profile of institutional investment portfolios.” The research shows that even a small allocation to Bitcoin in a portfolio mix of 60% equity and 40% bonds enhanced the cumulative return. The best portfolio return was seen with an investment…

Bitcoin (BTC) price had been acting inside a narrow range for the last few weeks but the momentum and trend shifted as a bullish breakout occurred on the announcement that Square had allocated 1% of its cash reserves to BTC.This bullish breakout even caused the price to rally from $10,600 to $11,500, which is almost…

The head of the financial regulator of the United Arab Emirates (UAE) capital Abu Dhabi wants “proper” international regulation of cryptocurrency, local news outlet The National reports Wednesday, September 19.Speaking during an interview at this week’s Fintech Abu Dhabi event, Richard Teng, head of the Financial Services Regulatory Authority of the Abu Dhabi Global Market…

The legislation was one of several laws designed to combat money laundering and terrorist financing, receiving 99 votes in favor, eight votes against, and six abstentions. Own this piece of history Collect this article as an NFTEuropean Union lawmakers have adopted new draft legislation that would impose a 1000 euro ($1,083) cap on anonymous crypto…

The United States dollar index (DXY) has started a strong recovery and its rise is putting pressure on Bitcoin (BTC) and the S&P 500 (SPX) index. The market participants will be keenly watching for any insights on future rate hikes when the Federal Reserve Chairman Jerome Powell speaks before the Economic Club of Washington on…

The deadline for the base repayment, early lump-sump repayment and intermediate repayment was also moved from July 31 to Sept. 30. 395 Total views 23 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTMt. Gox creditors will have more time to decide on which repayment method they want to be paid in…

Ethereum solutions provider ConsenSys has pledged support for a Uniswap governance proposal to set aside tokens for a new decentralized finance (DeFi) fund for political lobbying.The proposal was made on May 27 by the Harvard Law School Blockchain and FinTech Initiative for the creation of a fund that would finance existing and new political groups…

Bitcoin’s price chart looks similar to when spot Bitcoin ETFs were launched in the United States — suggesting a breakout soon, though there are some differences this time around.

Earth Day, a 52-year-old tradition celebrated annually on April 22, provides an opportune moment for the world’s citizens to reflect upon their environmental progress, as well as rally support for political policy-making, cultural climate awareness and individual commitments to sustainability.The emergence of blockchain and Web3 has provided the core architecture for a structural remodeling in…