Day: November 18, 2021

US Congressmen Introduce Bill to Modify Crypto Tax Provision in Infrastructure Law

A bipartisan group of U.S. lawmakers have introduced a bill to amend the crypto-related provisions in the bipartisan infrastructure bill signed into law earlier this week. The โ€œKeep Innovation in America Act,โ€ introduced Thursday, would amend the definition of a crypto broker included in the Infrastructure Investment and Jobs Act, the bipartisan infrastructure bill passed by both the House and Senate earlier this year before being signed into law by U.S. President Joe Biden. The bill also seeks to modify a provision of the new law that amends section 6050I…

Nvidiaโ€™s Q3 report reveals sharp decline in crypto mining chip sales

Although digital currencies have skyrocketed in value throughout the year, Nvidia has not made any significant profits from its cryptocurrency mining processor (CMP) line. According to Nvidia’s third fiscal quarter report, the company’s CMP sales dropped by 60% sequentially in the most recent quarter, with sales of the product line expected to drop even further in the fourth quarter. In its quarterly financial statement, Nvidia said CMP sales fell from $266 million in the second quarter to $105 million in Q3, which ended in October. Nvidia claims to have made…

RBA Steps Up CBDC Research, But Is Not Convinced There Is a Policy Case Yet: Official

The Reserve Bank of Australia has been ramping up research into central bank digital currencies (CBDCs), but is not convinced โ€œthat a strong policy case has emerged in Australia,โ€ said Tony Richards, Head of Payments Policy at the RBA. Australiaโ€™s current payment infrastructure provides consumers with ample safe and convenient options, Richards said, addressing the Australian Corporate Treasury Association on Thursday. However, given payments innovation around the world, providing a new form of digital money could be key to โ€œsafeguarding confidence in national monies and the role of fiat currencies…

Occhio a Coinbase (la svolta storica delle Crypto)

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Vuoi sviluppare una nuova competenza? Iscriviti per piรน video : NEW! TUTTO MONTEMAGNO, IL NUOVO LIBRO DI MONTY QUI: Coinbase si quota e avrร  un impatto enorme per la diffusione del mondo crypto alle aziende e al grande pubblico. Oltre a tutto ora che banche, advisor e legislatore hanno approfondito il mondo crypto per valutare la quotazione di Coinbase, avranno piรน dimestichezza sull’argomento per quotare altre aziende (e gestire meglio l’argomento Bitcoin/blockchain/nft/ecc) โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Youtube version

Creditors of Collapsed South African Crypto Firm Vote to Accept Offer to Resuscitate the Company โ€“ News Bitcoin News

Creditors of a South African crypto trading firm, Africrypt, have agreed to a proposal recently tabled by an unnamed investor who is seeking to resuscitate the collapsed company. Africryptโ€™s Intellectual Property In addition to paying $4 million โ€” which will be used to pay off some of the crypto firmโ€™s debts โ€” the investor is also willing to part with $1 million which will go towards the acquisition of 51% of Africryptโ€™s shares and the companyโ€™s intellectual property rights. As previously reported by Bitcoin.com News, an unnamed investor had proposed…

TOP 1 Altcoin To Buy Now November Month 2021 | Best Cryptocurrency To Invest 2021 | Top Altcoins

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Inflation fears sparks Bitcoin rally before Taproot

First major upgrade in four years set to accelerate Bitcoin innovation ย After briefly eclipsing all-time highs on shocking inflation figures, Bitcoin settled down to finish the week with 2% losses as the long-awaited Taproot upgrade was activated At its peak on Wednesday, Bitcoin flirted with the $69K level. Within a few hours however, fresh fears of an Evergrande-induced financial collapse swept over the market, dragging cryptoassets down alongside the S&P 500. Adding to the blow, the Securities and Exchange Commission then denied another spot Bitcoin ETF application on Friday. This…

Bitcoin holders who bought at $20K refuse to sell BTC at all-time highs โ€” latest data

Bitcoin (BTC) investors who bought at 2017 all-time highs and above have still not sold, data suggests. According to the HODL Waves metric, coins which last moved in the past six to twelve months now make up the biggest portion of the BTC supply. BTC buyers hold their nerve Despite strong gains and equally strong corrections in 2021, those who entered the market or added to their positions in or after November 2020 are refusing to sell. HODL Waves, which track the age distribution of unspent transaction outputs (UTXOs), show…

๐Ÿ”ด URGENT Shiba Inu Elon Musk Big News Today ๐Ÿ”ฅ Dogecoin Price Prediction ๐Ÿ”ฅ Bitcoin Crypto News Today

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Invesco Defers Launch of Blockchain ETF in India

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