G7 and EU Impose Fresh Crypto Sanctions on Russia
DOT’s demand is sky-rocketing in hedge fund portfolios thanks to its…
admin2022-03-11T16:30:47+00:00Polkadot is currently the talk of the crypto town. The promising blockchain network, headed by Gavin Wood and Robert Hebermeier, garnered significant traction over the years.
Betting on YOU
Polkadot was the most commonly held altcoin in Q4 last year. Around 24 out of 57 tracked funds invested in it. Meanwhile, 42% of venture capital and hedge funds investing in crypto were betting on the success of Polkadot’s smart contracts platform. Source: Twitter|
AMC Theaters Adds Shiba Inu ($SHIB) and Dogecoin ($DOGE) Payments Ahead of Schedule
admin2022-03-11T15:20:00+00:00Leading U.S. movie theater chain AMC has added two meme-inspired cryptocurrencies, Shiba Inu ($SHIB) and Dogecoin ($DOGE) as payment methods, a week before they were scheduled to go live. The move was announced by AMC’s CEO Adam Aron, who in a tweet shared with his over 240,000 followers...
Bitcoin Price Prediction: Set Eyes On $45k If Price Sustain Key $40k
admin2022-03-11T13:48:25+00:00Bitcoin price trades with small gains on Friday as it recovers from the previous session’s declines. The formation of ‘Doji’ candlestick suggests investors are clueless about the next move but hovers near $40k. A decisive close above $40k will set the further directional setup. Bitcoin price hovers near $40k with modest gains as the weekends begin. Expect a range-bound movement toward $45K inside rectangle formation. Remains pressured below 50-day and 200-day EMAs on the daily chart. The largest and most famous cryptocurrency has...
U.K. Watchdog Orders Bitcoin ATMs to Shut Down
admin2022-03-11T13:34:39+00:00
Key Takeaways
The U.K's FCA has ordered all crypto ATM operators in the country to shut down their operations. The FCA said that none of the firms operating crypto ATMs were registered with the agency, making their operations illegal. So far, only 33 U.K. crypto firms are fully registered with the FCA.Share this article
The Financial Conduct Authority has ordered all crypto ATMs in the United Kingdom to shut down.U.K. Crypto ATMs Forced to Close
The FCA has declared that all operational crypto...
Why the SEC vs. Ripple lawsuit is a ‘LOSE-LOSE’ situation despite one clear winner
admin2022-03-11T13:30:41+00:00The ever-lasting feud between the San Fransico-based fintech firm, Ripple Labs and the SEC might be coming to an end soon. Well, in this context, the former SEC Commissioner had a lot of interesting observations. The SEC vs. Ripple case was a mistake, according to former SEC Commissioner Joseph Grundfest, who said in an interview that “no matter how it turns out, we’re gonna be losers”. According to his statements, it seems, even if the SEC wins the battle, they would...
Is This A Proposal To Incentivize Green Bitcoin Mining Or A Marketing Ploy? –
admin2022-03-11T10:12:46+00:00The road to a green bitcoin continues. This time, it’s with an idea so wild that it just may work. It arrives via a whitepaper titled “Greening Bitcoin With Incentive Offsets” by Troy Cross and Andrew M. Bailey. Did they find a way to align the protocol’s incentives with the green bitcoin future some people want? Or are they testing the waters, thinking about selling a product that not yet exists? Related Reading | What Did Musk, Dorsey, And Wood...
Softbank’s Z Holdings (Mcap-$25 Billion) Aims To Invest In NFT Marketplace
admin2022-03-11T09:59:53+00:00SoftBank Group Corp.’s Z Holdings Corp is planning to dive into NFT marketplaces in 180 countries by this year. This will be part of the company’s goal to expand its global business. This move also includes increasing the number of users of fintech unit PayPay to 90 million.
NFTs: Huge opportunity for growth
Z Holdings hopes to develop by taking advantage of a five-year financial plan of around 500 billion yen ($4.3 billion). The company makes most of its earrings from...
nOFTEN announces trade campaign with LBank
admin2022-03-11T08:45:38+00:00The super rare and unique platform for artists and celebrities, nOFTEN is launching a trade campaign with the world-class digital asset exchange, LBank. nOFTEN is a unique project that offers artists and celebrities a platform to share their raw and artistic vibe to the world without borders. nOFTEN is a bustling NFT marketplace that puts pedestals for global celebrities, independent artists and sensational creators to develop first-hand experiences for their community. The platform has amassed a lot of popularity ahead...
Singapore To Charge Income Tax On NFTs, Says Minister
admin2022-03-11T06:56:51+00:00Current income tax rules in Singapore will apply to transactions involving non-fungible tokens (NFTs), Finance Minister Lawrence Wong reportedly said on Friday. But their application will depend on the nature and use of the token. Specifically, individuals who depend on NFT transactions or trading as a source of income will be subject to deductions, The Business Times reported. But capital gains on NFTs will not be taxed, given that the country has no such regime. The United States, which has...