Bitmex Co-Founder Arthur Hayes Says Bitcoin Could Drop to $30K Amid a Stock Market Rout – Bitcoin News

The co-founder and former CEO of Bitmex, Arthur Hayes, has published a new blog post concerning the current state of cryptocurrency markets. Hayes says currently there’s an inability to recognize the cyclical nature of markets and the “inconvenient truth” that is crypto is now moving in “lockstep” with market equities. Hayes expects the Nasdaq 100 (NDX) to experience a significant 30% to 50% drawdown and leading crypto assets like bitcoin and ethereum to drop in value too, amid a great deal of stock market carnage. While the Long Term Crypto…

3 Crypto Tax Tips to Avoid IRS Trouble

There are many different ways to earn crypto, including mining, airdrops, staking your coins or through earning interest. When you earn crypto in this way, you have ordinary income to report. The amount you report is the fair market value of the crypto you earned when you received it. You should report this income on your tax return on Schedule 1, as “Other Income.” From there, if you decide to sell your earned coins, you will have a capital gain or loss, depending on how the price of your crypto…

DEIP: Web3 + Creator Economy

DEIP is a tech company that creates Web3 protocols, tools, and applications for the creator economy. As a producer of knowledge-based assets, creative industries will become the major drivers of economic growth in the world. DEIP is on a mission to facilitate the global market shift from a “value capture” economy to a “value creation” by creating a new set of rules which democratize access to resources for creators and unlock the full potential of creators around the world. Web3 for creators Founded in 2018 by Alex Shkor, Alexey Kulik,…

Grassroots initiatives are bringing Bitcoin education to communities across America

Bitcoin is becoming one of the biggest buzzwords in the world. Data from a July 2021 survey conducted by analysis firm Exploding Topics found that roughly 1,700 American adults, or 89% of participants, had heard of Bitcoin. A recent survey from the cryptocurrency platform Paxful also found that 95% of women out of 1,555 females polled in the United States were familiar with Bitcoin.  While Bitcoin’s (BTC) presence is notable, there still seems to be a lack of understanding regarding BTC and cryptocurrency. For instance, Paxful’s survey discovered that 43% of…

20/12/2021| Cryptocurrency news today | Crypto news today | Bitcoin news today | Hindi

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 20/12/2021| Cryptocurrency news today | Crypto news today | Bitcoin news today | Hindi In this video, we have covered news from across the Globe. Watch this video and keep yourself updated. Latest Crypto updates latest Crypto News. Cryptocurrency news today Crypto news today Bitcoin news today in Hindi. ===================== New’s Covered in the Video -Ethereum Co-Founder Vitalik Buterin Meets Former President of Argentina. -RadioShack Announces a New DeFi And NFT Collection. -LionTree Could Start Accepting Cryptocurrencies for Services. -Invictus Capital Announces…

BTC, ETH Both Start the Week Around 3-Week Lows – Market Updates Bitcoin News

Bitcoin and ETH both fell to their lowest level in over three weeks on Monday, as a red wave passed through crypto markets. As of writing, BTC and ETH are trading between 2% and 5% lower, while the overall crypto market cap is down 3.75%. Bitcoin Bitcoin extended its recent decline on Monday, as prices fell for the fifth session in the last seven to start the week. Following a high of $43,376.38 less than 24 hours ago, BTC/USD fell to an intraday low of $41,055.79 earlier today. This drop…

Avalanche-Based Blockbuster Game Shrapnel Completes $7M Token Sale

“I think the first developer that publishes the opportunity for players to make a game, a core competitive game of their own, could be one of the next major franchises, and that’s exactly what Shrapnel is,” Long said in an interview. “It’s completely built around the ability for players to mod the game. So we’ll give them the same level of tools that we have as professional developers.” Source

New $250M TONcoin Fund targets DEX and NFT tools on TON blockchain

The TON Foundation, an organization building on the Telegram-initiated blockchain project, The Open Network (TON), has chosen the TONcoin Fund as its official ecosystem fund. The TONcoin Fund announced on Monday the launch of an ecosystem fund focusing on supporting TON-based projects, securing an initial collective commitment of up to $250 million from major firms within the industry. The fund has earned the title of the TON Foundation’s official incubation partner, meaning that they will support the fund’s portfolio investments. The fund’s contributors included firms like Huobi Incubator, Kucoin Ventures, MEXC…