#Wechat #Prohibit #Accounts #Providing #NFT #Crypto #Services #Regulation #Bitcoin #News Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions on NFT Trading Wechat, […]
#Crypto #Based #Greater #Fool #Theory #Involved #Featured #Bitcoin #News Microsoft co-founder Bill Gates says crypto is an asset class that is 100% based on the Greater Fool Theory. The billionaire also mocked Bored Ape NFTs, stating: “Obviously, expensive digital images of monkeys are going to improve the world immensely.” Bill Gates on Crypto and NFTs […]
#Tokenized #Gold #Crypto #Projects #Massive #Growth #Months #Altcoins #Bitcoin #News 15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today’s $1,853 per ounce exchange rate. While gold has risen in value, the top two tokenized gold coins have grown […]
#Hundreds #Blockchain #Patents #Regulation #Wont #Engage #Crypto #Regulation #Bitcoin #News The CEO of Bank of America says that his bank has hundreds of blockchain patents but regulations will not allow it to engage in crypto. “The reality is that we can’t do it by regulation,” he said. Bank of America’s CEO on Crypto Bank of […]
#Germany #Declares #Crypto #Gains #TaxFree #Year #Staking #Lending #Taxes #Bitcoin #News The German Ministry of Finance has published a letter officially confirming that the sale of crypto assets is tax-free after one year even if the coins are used for staking and lending. How Crypto Gains Are Taxed in Germany The German Ministry of Finance […]
#Google #Forms #Web3 #Team #Sees #Tremendous #Potential #Demand #Crypto #Tech #Support #Featured #Bitcoin #News Google is establishing a Web3 team within its cloud unit, noting that “it is a market that is already demonstrating tremendous potential.” A Google executive explained: “We’re providing technologies for companies to use and take advantage of the distributed nature of […]
#Extremely #Bullish #Crypto #Bitcoin #News Skybridge Capital, a $3.5 billion asset management firm, is “extremely bullish” on the crypto sector, says an executive of the firm. “For us, we think the cryptocurrency markets represent tremendous growth.” ‘The Cryptocurrency Markets Represent Tremendous Growth’ Two executives of Skybridge Capital — founder Anthony Scaramucci and director John Darsie […]
#Billionaire #David #Rubenstein #Changed #Mind #Crypto #Skeptical #Beginning #Featured #Bitcoin #News David Rubenstein, the founder of Carlyle Group, one of the largest investment firms managing over $300 billion, says he was skeptical of crypto but now believes that “the genie is out of the bottle” and the crypto industry is not “going to go away […]
#Fed #Governor #Blockchain #Totally #Overrated #Claims #Crypto #Electronic #Gold #Bitcoin #News The American economist and member of the Federal Reserve Board of Governors, Christopher Waller, believes blockchain technology is “totally overrated,” even though the U.S. central bank “put a lot of resources into understanding digital currencies and the blockchain.” On Friday, Waller spoke during a […]
#ETH #Falls #Below3000 #Crypto #Gains #Encounter #Resistance #Market #Updates #Bitcoin #News Gains in cryptocurrencies slowed down on hump-day, as bitcoin and ethereum prices hit resistance levels. ETH fell below the $3,000 level, with BTC falling below its long-term ceiling of $42,500 during today’s session. Bitcoin The global crypto market cap was 0.69% lower as of […]
#Coinbase #Sued #Allegedly #Selling #Unregistered #Crypto #Securities #Including #XRP #Dogecoin #Shiba #Inu #Exchanges #Bitcoin #News A class-action lawsuit has been filed against the Nasdaq-listed cryptocurrency exchange Coinbase alleging that the platform lets customers trade 79 cryptocurrencies that are unregistered securities, including XRP, dogecoin (DOGE), and shiba inu (SHIB). Lawsuit Claims Coinbase Sold 79 Unregistered Crypto […]
#Kevin #OLeary #Shares #Crypto #Investing #Strategy #Portfolio #Crypto #Blockchain #Bitcoin #News Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared his cryptocurrency investment strategy. He revealed that 20% of his portfolio is now in cryptocurrencies and blockchain. “The whole point is you don’t know who is going to win.” Kevin O’Leary’s Cryptocurrency Investment Strategy […]
#Europes #MiCA #Crypto #Rules #Submitted #ECON #Committee #Vote #MidMarch #Regulation #Bitcoin #News The European Union’s regulatory proposal for crypto markets, MiCA, has been filed with the European Parliament. The latest version of the draft framework does not feature a controversial provision that could have effectively prohibited cryptocurrencies like bitcoin that rely on proof-of-work mining. Economic […]
#Lawmakers #Working #Policy #Open #Crypto #Markets #Institutional #Investors #Kevin #OLeary #Regulation #Bitcoin #News Kevin O’Leary, aka Mr. Wonderful, has revealed that a group of U.S. lawmakers is working on a policy to open crypto markets to institutional investors. “The good news is they are all over it and agree there is tremendous opportunity once they […]
#Crypto #Russias #Invasion #Ukraine As the grim reality of Russia’s armed invasion of Ukraine continues, moves are being made on either side of the conflict to secure access to monetary resources via digital means. Traditional banking and other financial transactions are seeing disruptions in the form of sanctions leveled against Russia and the basic fact […]
#Facing #Decentralized #Finance #Crypto #Security #Dilemmas In the race to transform the financial world, different types of security exposure and risks have emerged — or at least old hacker habits have been used on new fintech. The Department of Justice made arrests this month in a case about an alleged cryptocurrency laundering scheme tied to […]
#Crypto #Loans #Trading #Options #Russian #Finance #Ministry #Clarifies #Regulatory #Plan #Regulation #Bitcoin #News Russian authorities are not going to allow cryptocurrency lending, the finance ministry has announced, clarifying its proposals for crypto market regulation. The treasury department also revealed that not all cryptocurrencies will be available to Russian investors under the new rules. Russian Government […]
#IOTX #Captures #Biggest #Gains #Crypto #Markets #Fall #Friday #Market #Updates #Bitcoin #News IOTX was Friday’s big gainer, as crypto markets were lower across the board to end the week. Overall, the global cryptocurrency market cap is down close to 4% in today’s session. Biggest gainers Following a strong start to the week, which saw the […]
#Nobel #Laureate #Paul #Krugman #Likens #Crypto #Market #Subprime #Mortgage #Crash #Warns #Regulators #Making #Mistake #Featured #Bitcoin #News Nobel Prize-winning economist Paul Krugman sees parallels between the crypto market and the subprime mortgage crash. “There’s growing evidence that the risks of crypto are falling disproportionately on people who don’t know what they are getting into and […]
#Volumes #Crypto #Spot #Markets #Derivatives #Bearish #Conditions #Market #Updates #Bitcoin #News Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes. Data shows cryptocurrency spot market volume has slipped from $1.4 trillion in November 2021, to this month’s $593 billion in volume. […]