Day: January 15, 2021

Will Mayor Suarez’s Miami Be the First Major City to Buy Bitcoin?

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The entrepreneurial mayor brings his recruitment of tech talent to the crypto space with the potential of a 1% investment of the city’s reserves into BTC. This episode is sponsored by Nexo.io. Today on the Brief: Initial jobless claims grow the most since March Biden unveils emergency relief plan Fed Chair Powell discusses CBDCs and stablecoins Our main discussion: Is Miami about to put 1% of its treasury into bitcoin? Since December 2020 there has been a lot of conversation about whether Miami could become the next Silicon Valley, or…

Price analysis 1/15: BTC, ETH, XRP, DOT, ADA, LTC, BCH, LINK, XLM, BNB

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Altcoins have entered a slight correction after Bitcoin’s relief rally lost steam and the price dropped below $35,000. Grayscale products witnessed $3.3 billion in inflows in the fourth quarter of 2020, a large jump over the $1.05 billion seen in the preceding quarter. According to Grayscale, institutional investors accounted for 93% of the new investments.  The significance and magnitude of the investments can be gauged from the fact that in 20, Grayscale received $5.7 billion in investments, which is four times the cumulative inflow between 2013 and 2019 Data from…

Africa to bring 100 million users to DeFi in three years from now, says founder of Cardano

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Charles Hoskinson predicts that the Decentralized Finance sector will acquire 100 million users within the next three years by tapping into the developing world’s market potential. “Who’s actually going to do peer-to-peer loans? Who’s actually going to do peer-to-peer insurance? Who’s actually gonna do peer-to-peer payments? I got news for you, not a guy living in New York”, pointed out Hoskinson in an exclusive interview with Cointelegraph.  Cardano, the decentralized cryptocurrency network founded by Hoskinson, intends to take the lead in the DeFi space by developing partnerships in the African…

LISTO PARA el PRECIO de BITCOIN 2021❓

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Las métricas dicen que bitcoin tiene todo para superar los $100.000 USD en 2021. Si eres un bitcoiner ayudanos y NO utilices BINANCE Canal de Telegram: 🔥App de Trading que uso: 🔥Compra bitcoin en Paxful: 🔥Lend préstamos y ahorro en Bitcoin: 🔥Binance 🔥Exchange OKEX: 🔥Crypto.com: 🔥Página Web: 🔥Exchange del Canal 🔥🔥MI CANAL EN LBRY: Aprende en mis Redes Sociales: YouTube: Instagram: TIKTOK: Twitter: Donde Comprar Bitcoin. • A nivel mundial:  Paxful:  LocalBitcoins:  Hodl Hodl:  Crypto con tarjeta crédito…

Crypto Exchange Owner Sentenced to 10 Years in Prison for Multimillion-Dollar Scheme to Defraud Americans

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The U.S. has sentenced a cryptocurrency exchange owner to 10 years in prison. He “knowingly and intentionally engaged in business practices designed to both assist fraudsters in laundering the proceeds of their fraud and to shield himself from criminal liability,” the Department of Justice alleges. Crypto Exchange Owner Sentenced to 10 Years in Prison The U.S. Department of Justice (DOJ) announced Tuesday that a bitcoin exchange owner has been sentenced to 121 months in prison “for his role in a transnational and multimillion-dollar scheme to defraud American victims.” Following his…

Stacks’ big week sees major partnerships follow mainnet launch

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Stacks, an open-source network for building smart-contract and DeFi bridges to Bitcoin (BTC), has secured several major partnerships in the wake of its mainnet launch — sending a strong signal that industry players are keen to back new use cases for BTC. The Stacks 2.0 mainnet officially launched on Thursday, bringing the promise of new use cases for Bitcoin based on the Clarity smart contract language. As Cointelegraph reported, Stacks 2.0 is attempting to broaden Bitcoin’s utility beyond the digital-gold narrative to include decentralized finance and smart contracts. That includes…

Coinbase users can now report their crypto taxes using CoinTracker

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With just three months until the deadline for United States citizens to declare their crypto gains and losses to the Internal Revenue Service, Coinbase is partnering with portfolio tracking and tax calculating platform CoinTracker to make the process simpler. According to CoinTracker, it’s an easy way for Coinbase users to report their crypto transactions and sales. Targeted at U.S. users, CoinTracker will calculate and fill out the specific forms — for example, Form 8949 and Schedule D — to declare capital gains, losses and assets on income tax returns. It…

Here’s how institutional investors ignited Bitcoin’s rally to $40,000

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From the COVID-19 pandemic to mass-scale money printing and social unrest, 2020 was a wild year. Alongside a barrage of newsworthy events, Bitcoin (BTC) also turned in a standout year in the price category, ultimately rising from $3,600 to past $41,950, besting its 2017 all-time high of $19,892.  A number of events, both crypto-specific and mainstream, appeared as catalysts for Bitcoin’s price action. Several crypto industry players weighed in on the events they believe affected BTC’s price action the most in 2020. Morgan Creek Digital co-founder Anthony Pompliano labeled Bitcoin’s…