Trump buys burgers with BTC, Arthur Hayes skeptical on rate cut, and more: Hodler’s Digest, Sept. 15 – 21

The first rule of Bitcoin (BTC) trading should be “expect the unexpected.” In just the past year alone, there have been five instances of 20% or higher daily gains, as well as five intraday 18% drawdowns. Truth to be told, the volatility of the past 3-months has been relatively modest compared to recent peaks.Bitcoin historical…

The Portugal Tax Authority (PTA) announced last month that cryptocurrency trading and payments in crypto would not be subject to value-added tax (VAT).According to the announcement, cryptocurrency payments that are subject to the provision of services under Article 9 (27) (d) of Portuguese tax law are exempt from VAT. This applies only to individuals, as…

Bitcoin and stocks are now on the menu for Cash App users wanting to minimize the “impact of market swings,” the payment network says. 1274 Total views 33 Total shares Twitter CEO Jack Dorsey’s Square now allows its users to buy Bitcoin (BTC) automatically in the latest push to boost uptake of the largest cryptocurrency.Confirmed…

Valued at $1.9 billion, CoinSwitch Kuber has become the largest crypto company in India, CEO Ashish Singhal said. 533 Total views 22 Total shares Major Indian cryptocurrency exchange CoinSwitch Kuber is joining the unicorn club by raising $260 million in a Series C funding round.According to an official announcement on Oct. 6, the new funding…

“Undoubtedly, Metaverse land is the next big hit in the NFT space. Outputting record sales numbers and constantly increasing NFT prices, virtual worlds are the new top commodity in the crypto space." 1447 Total views 41 Total shares Four blockchain-based Metaverse projects generated more than $100 million worth of virtual land NFT sales last week…

Central African Republic President Faustin-Archange Touadera outlined that the Sango crypto hub project will foster financial inclusion by removing the barriers to entry in the banking sector. 465 Total views 24 Total shares The Central African Republic (CAR) has launched its new government-backed Sango crypto hub initiative to foster the development of the local digital…

Longevity Science Foundation accepts crypto donations and aims to use technology to advance healthy human longevity. 372 Total views 35 Total shares Scientists are continuously pursuing ways to lengthen the human lifespan, and blockchain might have been a missing part of the puzzle. The Longevity Science Foundation, a Swiss entity launched by a consortium of…

Volvo Cars announced last week that it is using Oracle’s blockchain platform to trace cobalt, one of the main components in electric car batteries. Following the unveiling of the company’s first fully electric car, the XC40 Recharge, Volvo has come up with a new business strategy that includes introducing an electric vehicle every year through…