Traders say Bitcoin price fights “last resistance” at $69K before new all-time highs

As the price of Bitcoin continues to reach new all-time highs, major corporations with existing crypto offerings in place are beginning to discuss grand plans for the future. Most recently, Dan Schulman, CEO of PayPal, hinted at future developments for PayPal’s crypto offering during Forbes’ “2021 Blockchain 50 Symposium: Crypto Goes Corporate,” an online event that…

The panel included the CEO of Circle, Finland’s minister of transport and communications, and other industry personalities. 276 Total views 26 Total shares Own this piece of history Collect this article as an NFTIn a wide-ranging discussion, a panel of blockchain industry personalities at the World Economic Forum (WEF) concluded that the economy will become…

The U.S. Department of Justice says the two jets purchased by Bankman-Fried via FTX are now property subject to forfeiture due to charges brought against the former CEO. 539 Total views 8 Total shares Sam “SBF” Bankman-Fried’s two multimillion-dollar luxury jets are now subject to forfeiture, according to a filing from the United States Department

Cielo, the largest payment processing provider in Brazil, has unveiled support for Bitcoin (BTC) and cryptocurrency purchases on its point-of-sale (PoS) devices.Crypto payments via QR codesCointelegraph Brazil reported the news on Aug. 30. According to the report, users can make crypto payments through Cielo PoS devices via QR codes. The PoS machines generate QR codes…

DeFi lending and total value locked is recovering, but many related tokens are still at bear market lows.

The European Union’s crypto regulation bill, set to be made law following some additional steps, contains a section that could impact many crypto influencers. 276 Total views 4 Total shares The European Union (EU) bill aiming to regulate cryptocurrencies could result in crypto influencers being charged with market manipulation if they fail to disclose potential…

Embattled cryptocurrency mining giant Bitmain has allegedly hinted the release of its new mining hardware could hinge on the 2020 Bitcoin (BTC) block reward halving. The news was reported by English-language Asia news outlet South China Morning Post (SCMP) on March 27.Bitmain, which has seen a testing six months as market volatility triggered redundancies and…

Crypto miners will be able to deduct electricity costs as business expenses when filing cryptocurrency taxes starting in 2022. 3606 Total views 27 Total shares Crypto investors involved in cryptocurrency mining may enjoy a significant tax break when the country’s digital currency tax regime commences in 2022.According to a report by Pulse News, South Korea’s…