Day: March 15, 2021

5 Legal Considerations When Dealing in NFTs

Recently, I’ve been getting a ton of inbound relating to non-fungible tokens, or NFTs. For those of you living under a rock, an NFT is an object, on a decentralized system such as Bitcoin or Ethereum, designed to be sui generis, i.e., unique. This is in contradistinction to cryptocurrency tokens, where one unit of cryptocurrency is ostensibly no different from any other, much like one U.S. dollar is ostensibly no different from any other. Preston Byrne, a CoinDesk columnist, is a partner in Anderson Kill’s Technology, Media and Distributed Systems…

Bullish uptrend intact as Bitcoin futures open interest hits $22.5B

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Bitcoin (BTC) price has rallied 22.5% in March, but as the price moved up, some buyers began to use excessive leverage, according to derivatives data. Meanwhile, futures open interest reached a $22.5 billion record-high, causing investors to question how sustainable the current rally is. Being optimistic, especially during a bullish market, can’t be deemed worrisome. Still, a yellow flag is raised when buyers use excessive leverage because this could lead to large liquidations during a sell-off. BTC/USD 6-hour chart. Source: TradingView After peaking at $58,300 on Feb. 21, Bitcoin faced…

Easy, Fast and Truly Mass – Press release Bitcoin News

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press release PRESS RELEASE. NOWPayments presents a new feature for all the business-owners out there who would like to explore crypto payouts along with payments. With the mass payments solution, your cryptocurrency-savvy employees can receive their salaries in crypto. Set up a crypto payroll! Whether it’s affiliate rewards for your partners or commissions you need to send to the freelancers you hired – the efficient NOWPayments solution is perfect for these needs. Mass Payments can be beneficial for faucets, casinos, betting and e-gaming services and basically any type of projects…

How Bitcoin Will Become A “Report Card” On The Government

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Bitcoin price has pulled back slightly from highs, but the trend has been up for over a year now, and is likely to continue as the nascent technology becomes widely adopted by institutions and traditional market investors. In the future, the cryptocurrency, according to a top industry figure, will become a “report card” of sorts, scoring the government and its management of monetary policy. Here’s what that means for Bitcoin and why the asset will eventually take on such a role. Bitcoin To Become Report Card On The Government The…

Economist breaks down the bitcoin boom and possible regulation ahead

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CNBC’s Melissa Lee discusses how investors may navigate cryptocurrencies and what cryptocurrency regulation may look like down the road with Philip Gradwell, chief economist of Chainalysis. Subscribe to CNBC PRO for access to investor and analyst insights on bitcoin and more: » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.…

Individual Detained in Romania Under Suspicion of Stealing Thousands of Cryptos From an Unnamed Major Exchange – News Bitcoin News

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Romanian authorities pursued an operation that left a person detained for the individual’s alleged involvement in a case of stealing from a cryptocurrency exchange. The investigation revealed that the unnamed trading platform company is located in the Cayman Islands. Over $620,000 Stolen During the Cyberattack According to the prosecutors of the Directorate for the Investigation of Organized Crime and Terrorism of Romania, the crypto exchange suffered a massive cyberattack between January 28 and 31, 2021. Although there are no significant details on the company, authorities categorized it as the “7th…

5 Oldschool Altcoins to Watch in 2021

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The crypto market still has the potential to climb higher, have a look at the coins that can be your profitable partners for the next weeks and months. In search of promising investment opportunities, it would be absolute madness to ignore cryptocurrencies. In a single year – 2020, the market capitalization rose from $200 million to $1 trillion and today it reaches $1.2 trillion. While everyone knows about Bitcoin and Ethereum, most coins stay in the shadows. But there are some cryptocurrencies with big potential that deserve your attention. Let’s…

Survey says Americans could spend up to $40B from stimulus on Bitcoin

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Many Americans are expected to receive $1,400 checks following U.S. President Joe Biden signing a $1.9 trillion stimulus package into law last week. New polling suggests that much of these funds could end up in the crypto market. A survey released today from Mizuho Securities estimates that 10% of the roughly $400 billion in funds given directly to U.S. residents could be used to purchase Bitcoin (BTC) and stocks. The Mizuho Financial Group subsidiary surveyed 235 people with a household income under $150,000. Up to 40% of respondents said they…