Category: Cryptocurrency

Apr 01
Michael Saylor: Financial markets are ‘not quite ready’ for Bitcoin bonds

“Not quite ready” — MicroStrategy CEO Michael Saylor said that traditional financial markets aren’t prepared for bonds backed by Bitcoin. Source: Cointelegraph

Apr 01
Binance wins dismissal of class action over 2018 tokens that tanked

The judge ruled domestic law doesn’t apply to Binance as it is not an exchange domestic to the U.S. and that the case was filed “too late”. Source: Cointelegraph

Apr 01
Terra founder reveals what will happen to UST if Bitcoin price crashes

Do kwon told Laura Shin on her Unchained podcast that he is betting on the long term growth of BTC price and isn’t worried about short term volatility. 1208 Total views 5 Total shares Terraform Labs CEO Do Kwon has conceded that a crash in the price of Bitcoin would be “negative” for the stability […]

Apr 01
Crypto industry fires back after EU vote to block ‘unhosted’ wallets

The crypto industry has reacted strongly against a EU Parliament committee voting in favor of a regulatory package for tighter know-your-customer (KYC) and anti-money laundering (AML) rules for ”unhosted” private wallets. The new guidelines would require crypto service providers — most commonly exchanges — to verify the identity of every individual behind an unhosted wallet […]

Apr 01
‘The cryptocurrency world will help in this war’: Kuna CLO breaks down Ukraine’s digital asset law

According to Ganna Voievodina, Ukraine’s law on digital assets was adopted “just in time” for companies handling crypto and a government looking for tax revenue… Source: Cointelegraph

Mar 31
Bitcoin just regained a key price trendline after its longest absence since March 2020

Bitcoin (BTC) may be consolidating at $47,000, but longer timeframes show just how significant this week’s mini bull run has been. According to the Golden Ratio Multiplier (GRM) metric, on March 27, BTC/USD reclaimed an essential support zone for securing further upside. Bitcoin exits trendline slump that beat March 2020 GRM is a long-term observational […]

Mar 31
‘Hold my beer’ — Terra already up $165M from buying Bitcoin as BTC stash nears Tesla’s

Bitcoin (BTC) has already netted its biggest new buyer almost $200 million in profit from price increases, data suggests. Analysis of the wallet related to blockchain protocol Terra reveals that since it began amassing BTC in Q1 this year, it is up $165 million. Terra co-founder rejects idea LFG moved BTC price The Luna Foundation […]

Mar 31
30% crypto tax becomes law in India following Finance Bill approval

India’s new crypto tax policy, which is based on gambling and lottery ticket win tax rules, is set to come into effect on April 1. 5038 Total views 69 Total shares The Indian Finance Bill 2022, with new 30% crypto tax rules, was approved on Thursday by the Rajya Sabha, the upper house of the Indian parliament, […]

Mar 31
Investment tracker Delta expands its Web3 offering with an NFT explorer

The new NFT tracker and explorer services will support Ethereum wallets to start with, while multi-chain support is expected to arrive by the end of the year. 1538 Total views 46 Total shares Delta, an investment tracker app that allows users to keep tabs on their stock and crypto portfolios, is now entering the nonfungible […]

Mar 31
US grassroots adoption: the Bitcoin Lightning party in Portland

There is “grassroots evidence” that “America is adopting Bitcoin,” according to Clay Graham, founder of Rapaygo and a Bitcoin Lightning Network (LN) enthusiast.  At a Bitcoin Lightning festival held in Portland, United States over the weekend, the Bitcoin LN clocked more than $200 (four million Sats) in just three hours. Hailed as “Puddle Town on […]