Day: November 18, 2021

Shiba Inu X RobinHood – Everything You Need to Know!

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xSigma’s MaximNFT to Launch Beta in Late November, Including NFT Collections From Brian Tracy and Numerous NFL Players – Press release Bitcoin News

press release PRESS RELEASE. WENZHOU, China/PRNewswire/ — ZK International Group Co., Ltd’s (Nasdaq: ZKIN) (“ZKIN”, “ZK International” or the “Company”), and its subsidiary xSigma Collectibles (“xSigma”), is pleased to announce the launch of MaximNFT’s open beta on November 29th. MaximNFT is an upcoming NFT marketplace launched by xSigma in partnership with Maxim magazine. It will include exclusive NFT collections from high-profile individuals such as Brian Tracy, and a host of NFL players. Brian Tracy is a personal development speaker, and author of the worldwide best-seller “The Psychology of Achievement”. The…

Airdrop rumors result in a swarm of activity on MetaMask Swap and Polygon

Five to six-figure-size airdrops have become the new norm in the crypto sector and a growing number of analysts believe there are more to come. In September dYdX distributed a massive airdrop to early users and last week the Ethereum Name Service gave out roughly $17,000 to $30,000 in ENS tokens to platform users. Anticipation of additional “helicopter money” has also led to a flurry of airdrop hunters seeking out the next big score.  The mad dash to engage with protocols and qualify for possible token drops led to an uptick in…

US lawmakers introduce bill to ‘fix’ crypto reporting requirement from infrastructure law

A bipartisan group of United States lawmakers has introduced legislation to change the tax reporting requirements that will go into effect due to the recently signed infrastructure bill. House Representatives Patrick McHenry and Tim Ryan introduced the Keep Innovation in America Act, which would change the definition of a broker as defined in HR 3684, the bipartisan infrastructure bill signed into law by President Joe Biden on Monday. The bill proposes pushing back the mandated reporting requirements — which includes that digital asset transactions worth more than $10,000 must be…

Market Wrap: Cryptocurrencies Slide as Buyers Stick to the Sidelines

Cryptocurrencies continued to slide as buyers appear to be taking some profits. Some analysts are now cautious on bitcoin’s short-term price direction given the recent loss of upside momentum. Bitcoin declined toward a three-week low on Thursday around $56,000 before stabilizing near $58,000. BTC is down about 11% over the past week, compared with a 14% drop in ether over the same period. “Downward momentum is hardly a good sign; pay attention to the cautious approach of bulls, which are not in a hurry to buy and waiting for more…

‘We want to build Minterest as a fairer financial system,’ says CEO Josh Rogers

Decentralized finance (DeFi) protocols have gained significant traction in the cryptocurrency sector, with a total value locked surpassing $271 billion, based on data from DefiLlama. One exceptionally popular category of DeFi services is that of decentralized borrowing and lending, where users can pledge their crypto as collateral and take out stablecoin loans (or vice versa) to pay for everyday expenses while their investment continues to grow. Total value locked in DeFi. Source: DefiLlama Such protocols typically charge a spread or difference between deposit and lending rates as a service fee.…

What Omarova for OCC Means

Although some of her views fall well outside of mainstream opinion, Omarova does represent an increasingly common view among regulators that crypto needs to be brought under their yoke. A progressive, self-described lover of American capitalism, Omarova supports both a “digital dollar” central bank digital currency and publicly run banks. Crypto, it’s said, is a distraction. Source

Polkadot Chief Promises Freedom From Ethereum’s ‘Economic Enslavement’

The completion of the first Polkadot parachain auction was occasion for its creator, Gavin Wood, to herald a newfound freedom from the economic constraints of Ethereum smart contracts. Wood, a co-founder of Ethereum who helped develop the smart contract programming language Solidity, said Polkadot’s economic lease-holding model for parachains (literally, parallelized chains) is exactly why users don’t need to buy a platform token, or need to know anything about the framework’s overarching native token, DOT. It’s a model that stands in stark contrast to Ethereum and most of Ethereum’s competitors,…

Argentina grava a los exchanges de criptomonedas

En septiembre, el presidente del Banco Central de Argentina, Miguel Pesce, dijo que el banco estaba observando el desarrollo de las criptomonedas con “preocupación”. En junio, inició una investigación a nueve empresas fintech por presuntamente realizar intermediación financiera no autorizada con criptomonedas. Source

Leading NFT Marketplace Opensea Presented With $10 Billion Valuation, Investors Are ‘Clamoring’ – Finance Bitcoin News

On November 17, a report disclosed that the leading non-fungible token (NFT) marketplace, Opensea, is “fielding new investment offers” according to two unknown sources familiar with the matter. The investment could propel Opensea’s valuation by six times to a $10 billion market valuation, according to the sources. Report Claims Opensea Offered a $10 Billion Valuation During the first week of November, the popular NFT marketplace Opensea surpassed $10 billion in all-time sales, according to statistics from dappradar.com. At the time of writing, dappradar.com metrics indicate Opensea’s all-time sales equate to…