Day: October 30, 2021

This One Factor Is Contributing to a Bitcoin Rally – And It Has Not Abated, According to Crypto Exchange Kraken

Cryptocurrency exchange Kraken is revealing one factor that could be responsible for powering Bitcoin’s (BTC) rally over the month of October. In a new report, Kraken says that a supply shock trend, which shows no signs of slowing, might be one of the drivers behind Bitcoin’s rally this month.   “BTC has been priming itself for a supply shock thanks to further accumulation by long-term holders. This accumulation may be a driver for BTC’s recent move past $60,000. The latest on-chain data indicates that this supply shock trend is growing.”…

The United States will become the global crypto and blockchain leader

We have some great news coming out of the United States on the cryptocurrency industry this month with potentially more good news coming later this fall. On Oct. 6, Gary Gensler, head of the U. S. Securities and Exchange Commission (SEC), confirmed during a House Committee on Financial Services hearing that the regulator will not ban cryptocurrency, potentially blazing the path for the world’s largest economy to become the global leader in the development of decentralized finance (DeFi) and blockchain technologies. Gensler, who taught a class on cryptocurrency at MIT, also…

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AMC Theaters Considers Accepting Shiba Inu As Payment Amid Growing Interest

AMC Theatres, the largest movie theater chain in the world, is considering adding Shiba Inu (SHIB) as a way to pay for tickets. On Friday, the CEO of the theatre chain, Adam Aron, put up a poll on Twitter asking the crypto community if they would be potentially interested in paying for movie tickets with Shiba Inu. After acquiring some cinemas in 2016, AMC became the largest movie theater chain in the world. It has 2,866 screens in 358 theatres in Europe and 7,967 screens in 620 theatres in the…

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Long-Awaited Kleiman v. Wright Trial Begins Next Week in Miami – Bitcoin News

On Monday, November 1, the long-awaited Kleiman v. Wright trial will begin as a federal jury plans to determine the relationship between Dave Kleiman and Craig Wright. The Kleiman estate is asking for $11.4 billion, alongside the return of intellectual property (IP) or its fair market value. While Bitcoinsv proponents and Wright’s fans believe the trial will finally prove Wright’s ostensible Satoshi claims, others believe it may shed some light on proving his theories false. Kleiman v. Wright Trial Begins Next Week — Bitcoinsv Proponents Are Calling It the ‘Trial…

The major tax myths about cryptocurrency debunked

Crypto and taxes may not be a match made in heaven, but taxes seem inevitable, and the United States Internal Revenue Service (IRS) has made it clear it is going after people who don’t report. With IRS summonses to Coinbase, Kraken, Circle and Poloniex, plus other enforcement efforts, the IRS is on the hunt. The IRS sent 10,000 letters in different versions asking for compliance, but all were nudges to encourage taxpayers to be compliant. The IRS hunt for crypto has often been compared to the IRS hunt for foreign…

Brazilian Investment Bank Rolls-Out Cryptocurrency Trading Application

The cryptocurrency industry continues to expand as many financial players join to utilize its constantly emerging opportunities. There have been plans amongst many central banks around the globe to launch digital coins in the name of CBDCs. Many financial institutions, especially in the investment markets, are taking the lead to support the industry. In recent news, a Brazillian investment bank has rolled out a crypto-trading app that features many altcoins. BTG Pactual customers can now utilize this app for direct crypto investments. For now, users of its Mynt platform can…

600€ al mese con il Mining di Bitcoin

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Sito: Codice per l’iscrizione: 000037 Dopo aver settato tutto, la mia produzione di Bitcoin si è avviata alla grande, con una produzione media di circa 20€ al giorno… 600€ al mese. Ovviamente c’è tutto un percorso da seguire per scoprire il mondo delle macchine a noleggio. Un percorso che, nei prossimi mesi, faremo in insieme! Voglio mettere in risalto pro e contro e studiare un piano che permetta di ottenere una produzione, in termini di mining, dedicato al Bitcoin, molto alto. Stiamo…

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