Mt. Gox repayments won’t be as bad for Bitcoin as you think: Analysts
The nearly $9 billion in Mt. Gox creditor repayments starting July may not kick down the price of Bitcoin, but they could spell trouble for Bitcoin Cash.
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OKCoin says crypto industry lacks means to comply with new US Treasury proposal
If passed, the United States’ crypto wallet proposal would create significant hassles for digital asset exchanges. 1918 Total views 9 Total shares U.S. Treasury Secretary Steven Mnuchin recently dropped a proposal requiring exchanges and crypto platforms to verify the identity of customers exporting digital assets to self-hosted wallets. Crypto exchange OKCoin noted the proposal would…
3 signs Ethereum price is gearing up for a rebound toward $6K
Ethereum is now testing a key support level that last helped it rebound by over 160%. Multiple factors support this bullish fractal.
Ether ETF likely coming, as SEC ‘implicitly’ nodded ETH as commodity: Analyst
According to Bloomberg ETF analyst James Seyffart, the U.S. securities regulator implicitly accepted Ether as a commodity when it green-lit Ethereum futures ETFs. 5941 Total views 11 Total shares The United States Securities and Exchange Commission implicitly accepted Ether (ETH) as a commodity when it approved ETH futures exchange-traded funds (ETFs) last year — meaning
Do Kwon converted illicit funds from Luna to Bitcoin: S.Korean prosecutors
South Korean prosecutors have reached out to Binance to request a halt on any withdrawal linked to Do Kwon. 1095 Total views 49 Total shares Own this piece of history Collect this article as an NFTSouth Korean prosecutors have identified 414.5 billion won ($314.2 million) in illicit assets associated with Terraform Labs co-founder Do Kwon…
New Zealand Rules for Crypto Salary — Have Hopes Been Answered?
The national tax authority of New Zealand, the Inland Revenue Department (IRD), has recently published binding rulings and guidance for salaries and bonuses paid in crypto, made under s 91D of the country's Tax Administration Act of 1994. This ruling applies only to salary and wage earners and not to self-employed individuals, and only for services…
Novogratz calls PayPal’s Bitcoin news ‘the shot heard around the world on Wall Street’
PayPal coming to crypto is big news for adoption, says the investor. 1500 Total views 20 Total shares Galaxy Digital CEO and multi-millionaire Mike Novogratz recently hopped on CNBC Squawk Box for an interview, detailing the importance of PayPal's upcoming 2021 Bitcoin (BTC) launch. "I think that's, in some ways, the shot heard around the world…
Fidenza: Tyler Hobbs wrote software that generates art worth millions
Computer scientist turned generative artist Tyler Hobbs writes code artistically, which then creates visual art that has sold for millions.Along with 998 siblings, Fidenza #313 was minted for 0.17 ETH on June 11th, after which it was immediately sold for 0.58 ETH. Just over 10 weeks later, the NFT nicknamed “Tulip” sold for 1,000 ETH…
YouTube sees ‘incredible potential’ in NFT video sales despite backlash threat
“There’s a lot to consider in making sure we approach these new technologies responsibly, but we think there’s incredible potential as well,” said YouTube Chief Product Officer Neal Mohan. 700 Total views 16 Total shares YouTube is looking at NFT integrations to provide new methods for creators to engage with fans and develop additional revenue…