Spanish banks required to report 3-year digital currency plans

Digital currency plans by Spanish banks must now be reported according to sources at the Banco de España, who claimed that the central bank wants to examine the effect that digitalization is having on financial services. The Bank of Spain has been quiet for years on the subject of digital currencies. However, this year, it’s stepping up and asserting itself. After establishing a digital currency service providers’ registry, it’s moving on to the banks. According to a report from Spain’s El País, the Banco de España is now on the…

How’s ‘Zelda’ Doing? Our Ethereum Validator Check-In

With the progress being made on the Beacon Chain over the past few weeks, I wanted to use this week’s newsletter to give an overview of the CoinDesk validator and its brief history. About nine months ago when ether was just $1,600, the CoinDesk team deposited 32 ETH to the staking contract to launch our very own Beacon Chain validator, dubbed “Zelda.” Since then, we’ve gained access to insights across the Beacon Chain and the responsibilities that come alongside securing the proof-of-stake network. This article originally appeared in Valid Points,…

Bitcoin To $98k Prediction Analysis | Stock-To-Flow Model Possible?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin’s price could add 60% of value in the next 30 days to close just shy of $100,000, predicted the analyst behind the popular stock-to-flow model, PlanB. He was spot on in regards to the September BTC close price and was agonizingly close in October. The stock-to-flow model sees the stock as the size of existing reserves (or stockpiles) and the flow as the annual supply of new bitcoins to the market. Consequently, PlanB’s model envisions BTC tapping into a six-digit price…

Large Bitcoin Investors Take a Breather After Frantic October, U.S. Inflation Data Eyed

Bitcoin’s uptrend continues with prices rising over 10% this month, extending October’s 40% gain and setting a new record high of over $68,000. However, institutions and large investors seem to be handing the baton over to retail investors ahead of the U.S. consumer price index data that could influence the Fed rate hike expectations. While the coin stash of small bitcoin addresses continues to rise, the combined balance of addresses holding 100 – 10,000 BTC has dropped by 60,000 BTC ($4 billion) in the past seven days, diverging from bitcoin’s…

Russian Officials Back Idea of Recognizing Crypto Miners as Entrepreneurs – Mining Bitcoin News

Cryptocurrency mining should be recognized as an entrepreneurial activity under Russian law and taxed accordingly, representatives of key ministries in Moscow and the parliament have indicated. Officials believe the regulatory move would benefit both the state and the crypto industry. Russian Government to Collect Millions of Dollars in Taxes After Legalizing Crypto Mining While the law “On Digital Financial Assets” — which entered into force in January this year — regulates certain crypto-related activities such as “digital currency issuance,” it does not explicitly mention cryptocurrency mining. The sector remains unregulated,…

#Bitcoin Trading to Earn Money | When to Buy or Sell Crypto Currency | Financial Education

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this Video you will learn the strategy to make money while in #Bitcoin & other #Cryptocurrencies trading. You will also get to learn when to Buy and when to Sell! Download India’s simplest Bitcoin app, CoinDCX Go: Buying Bitcoin on CoinDCX Go is as easy as tapping on your smartphone! If you are new to cryptocurrency, CoinDCX Go is definitely a go-to app for you. It helps make the investment process an effortless one. You cannot find an app that is…

Bitcoin has further to fall before BTC attacks $70K, says trader

Bitcoin (BTC) remains bullish but has “one more leg down” to complete before a resurgence, one trader argues. In analysis on Nov. 10, popular Twitter account Crypto Ed said that the pullback from this week’s all-time highs above $68,500 was turning out to be deeper than anticipated. Target $65,000 for Bitc “Going a bit deeper as I was expecting yesterday. Looks like it will do 1 more leg down to complete that ABC,” he said alongside a forecast price trajectory chart. “Lines up with 2nd chart: taking out those lows…

I Built A Bitcoin Mining Rig That PROFITS $10,000/year!!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io We bought a Nvidia RTX 3090 and 3d printed mining frame and used it to build a cryptocurrency mining rig to mine and earn bitcoin, Ethereum and other altcoins! If you’re into cryptocurrency check out the following links: Nicehash: Blockfi (Use my code for up to $250 bonus when you sign up) : Previous Video: I Bought An Apple Return Lot With 33 iPhones On eBay!! More Buying videos: T W I T T E R: I N S T A G…

Brave Browser to Integrate Solana Support – Bitcoin News

Brave, the company behind the Brave browser, has partnered with Solana to provide support for the blockchain directly from its browser. According to a press release, the Brave browser will now default to Solana for cross-chain and decentralized app support. Brave users, that are now in the millions, will have access to a Solana wallet within the app. This feature is expected to roll out during the first half of 2022. Brave Partners With Solana to Offer Dapp Support Brave, the company in charge of the development of…