Ex-Pimco, Millennium execs set up crypto advisory business

The Russian State Duma will consider a new bill on cryptocurrency taxation on Feb. 17. 4774 Total views 13 Total shares Russian lawmakers are actively preparing new legislation for taxing cryptocurrencies like Bitcoin (BTC).According to an official announcement by the Russian State Duma, the Duma’s Committee on State Building and Legislation has approved a bill…

“There’s a sense of inevitability” that NFTs are the start of a renaissance in digital art says 24 Hours of Art’s RD: NFT Collector.

A new political action committee (PAC) supporting presidential candidate Andrew Yang is allowing donations in Bitcoin (BTC) via Lightning Network.The PAC, named Humanity Forward Fund (Humanity FWD), rolled out its Bitcoin-powered fundraising program, named “21 Days of Bitcoin for the 21st Century” on July 25, and will continue accepting Bitcoin donations until Aug. 14, according…

Both HSBC and Scotiabank have not been very supportive of the cryptocurrency industry's adoption in recent years. Amid the ongoing banking crisis in the United States, financial regulators continue scrutinizing major traditional finance companies like HSBC and Scotiabank.The Securities and Exchange Commission (SEC) has charged HSBC’s securities arm HSBC Securities (HSI) and Scotiabank’s investment subsidiary…

Bitcoin (BTC) can easily end up below $25,000 next month, says one longtime market observer.In a new BTC price outlook, Timothy Peterson, founder and investment manager at Cane Island Alternative Advisors, put the odds of a dip to local lows at 50/50.BTC price may see “last big dip” in SeptemberWhile Bitcoin bulls continue their breakout…

The Singapore-based crypto venture firm Three Arrows Capital (3AC) failed to meet its financial obligations on June 15 and this caused severe impairments among centralized lending providers like Babel Finance and staking providers like Celsius.On June 22, Voyager Digital, a New York-based digital assets lending and yield company listed on the Toronto Stock exchange, saw its…

Silk Roads lead to nonfungile tokens Bidding for a 1/1 NFT auction created by imprisoned Silk Road founder Ross Ulbricht has surpassed 261 Ether (ETH), $1.17 million at the time of writing. The NFT depicts a hand-drawn illustration from Ulbricht of a psychedelic eye, and is part of a collection of writings and nine other…

Skale chief marketing officer Andrew Saunders described memecoins as a player-versus-player situation where early investors get the most gains. 

Bitcoin (BTC) needs to hit $340,000 just to match its performance from its last halving cycle, data shows.In a Twitter series on Aug. 20, popular statistics resource ChartsBTC noted that Bitcoin still has huge room for growth at current levels of $11,700.Halving multiples give up to $1.6 million BTC priceComparing lows, highs and halving prices…