In July, Dogecoin founder Jackson Palmer said that he would not be returning to cryptocurrency as it is “is an inherently right-wing, hyper-capitalistic technology built primarily to amplify the wealth of its proponents through a combination of tax avoidance, diminished regulatory oversight and artificially enforced scarcity.” Source
The Indian government has not introduced the cryptocurrency bill that was listed to be taken up in the winter session of parliament. Former Finance Secretary Subhash Chandra Garg says he has no confidence in the ability of the Indian government to figure out crypto. Garg headed the inter-ministerial committee that drafted the original crypto bill that proposes banning cryptocurrencies like bitcoin. India Fails to Introduce Crypto Bill in Parliament Again The Indian government has failed to introduce the cryptocurrency bill that was listed to be taken up in the winter…
This episode is sponsored by NYDIG. Download this episode On this episode of “The Breakdown’s” “End of Year Extravaganza,” NLW is joined by Deeze. Deeze is known throughout NFT circles as a true community member. As host of one of the most popular regular Twitter Spaces on NFTs, he creates context for many to explore the emerging area of non-fungible tokens. Find our guest on Twitter: @DeezeFi See also: CoinDesk ‘Most Influential’ Artists Sell Charity NFTs for 50 ETH “The Breakdown” is written, produced by and features Nathaniel Whittemore aka…
As the new year rapidly approaches, people are thinking about what they can do to make 2022 even better than 2021. With so much anticipation for cryptocurrency in the coming year from government policymakers and market action, it’s no wonder that some in the crypto industry have ambitious resolutions for the new year with how they will help to shape the industry for the better. National governments have taken steps to increase the global adoption of blockchain technology right up to the end of 2021. Late in the year, governments…
The Dogecoin Foundation, a non-profit organization behind the meme-based cryptocurrency Dogecoin (DOGE), is working on a staking mechanism in collaboration with Ethereum co-founder Vitalik Buterin. The Foundation on Thursday released its Dogecoin Trailmap or a “dog-walk” that the Dogecoin Foundation is committed to exploring and which it believes would contribute to Dogecoin’s success. As part of the trailmap, the Dogecoin Foundation is working with Buterin on building a “uniquely Doge proposal” for a “community staking” version of proof-of-stake (PoS). Such a version would allow all Dogecoin users to stake their DOGE…
sponsored ‘Tis the season of giving and Bybit, one of the world’s fastest growing cryptocurrency exchange and trading platforms, wants to give back to its users. Users can now celebrate Christmas with Bybit through Jolly Jamboree, where they can win amazing prizes by completing a series of simple tasks. The festive assortment of gifts in Bybit’s sleigh includes Amazon gift cards, an iPhone 13, and the best prize of all — a Tesla Model 3. It’s easy for users to add a little more Christmas sparkle to their holiday haul.…
Pro-bitcoin Senator Cynthia Lummis of the United States is planning to present a comprehensive crypto bill next year that will explain how different digital assets will be classified and taxed. Pro-Bitcoin Senator Proposes Crypto Bill Senator Cynthia Lummis, a Bitcoin evangelist, plans to introduce a comprehensive crypto bill in the new year. Lummis’ proposed bill, according to Bloomberg, aims to establish regulatory clarity on stablecoins, instruct regulators on which cryptos belong to which asset classes, and provide consumer protections. In addition, the senator is said to have advocated forming an…
Bitcoin (BTC) lost momentum at $51,500 on Dec. 24 as traders weighed the odds of a “Santa rally” coming true for Christmas. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC sees potent long-term retest Data from Cointelegraph Markets Pro and TradingView saw BTC/USD preserve its gains from Thursday, these totalling 6% with resistance most recently kicking in at just above $51,500. Opinions were mixed among weary traders about the strength of the rally and whether it could endure for long. Still in its familiar range despite the overnight uptick, Bitcoin needed to…
This episode is sponsored by Quantstamp, Nexo.io and KuCoin. This week and next we’re taking a year-end holiday from new episodes of “Money Reimagined.” Instead, we’re serving up a couple of our favorites from this year. This week’s pick was Sheila Warren’s: the Haiti episode from May 21. That’s when Sheila and co-host Michael Casey were joined by Jerry Tardieu, a Haitian author, entrepreneur and politician who represents Petion-ville in the Chamber of Deputies, and by Daniele Jean-Pierre, the co-founder and chief operating officer of Zimbali networks, which delivers smart-ledger…
Such RSI levels were previously seen early November when, bitcoin traded at its previous high around $67,000. Prices fell to under $59,000 the following week. However, Friday’s reading doesn’t necessarily mean a price drop will occur, as asset prices are dependent on several market dynamics. Source