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Month: July 2022
Billionaire Mark Cuban Expects SEC to Impose ‘Nightmare’ Crypto Registration Rules – Regulation Bitcoin News
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, has warned that the U.S. Securities and Exchange Commission (SEC) will come up with rules for token registration that will be “the nightmare that’s waiting for the crypto industry.” Mark Cuban Foresees SEC Coming Up With ‘Nightmare’ Crypto Regulation Billionaire Mark Cuban, the Shark Tank star who owns the NBA team Dallas Mavericks, warned in a tweet Saturday about how the SEC will regulate crypto tokens. His warning was in response to a tweet by U.S.…
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Cardano (ADA) Falls To $0.44, Is The Uptrend Invalidated?
Cardano displayed bearishness on its chart at the time of writing. Over the last 24 hours Cardano fell by 7% on its chart. Broader market also displayed bearish spell over the last few days. Bitcoin was bordering the $20,000 mark and the altcoins followed suit. ADA had over the past few days crossed past the $0.55 resistance mark but it failed to sustain itself above that price mark. The bears have exerted pressure in the market and the technical outlook has also pictured bearishness on the chart. Bullish strength has…
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US Senators Introduce Bipartisan Bill to Exempt Small Crypto Transactions From Taxes – Regulation Bitcoin News
A new bipartisan bill has been introduced in the Senate that would simplify the use of cryptocurrency for everyday purchases by creating tax exemption for personal crypto transactions under $50 as well as when the capital gains are less than $50. New ‘Virtual Currency Tax Fairness Act’ A new bipartisan bill, known as the “Virtual Currency Tax Fairness Act,” was introduced in Congress Tuesday by Senators Pat Toomey (R-PA) and Kyrsten Sinema (D-AZ). According to the announcement by the U.S. Senate Committee on Banking, Housing, and Urban Affairs, the bill…
First Mover Asia: Binance Deserves Some Criticisms, but It’s Not a ‘Ponzi Scheme’; Bitcoin Tumbles
Binance CEO Changpeng Zhao has a reasonable point in his lawsuit claiming defamation from a translated Chinese language article title; ether falls. Source
[Tomato] Spooky : Teaching this baby to mint nfts on the blockchain (Variety Horror)
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Bullish Sentiment Spills Over To Institutional Investors As Ethereum Inflows Balloons
Institutional investors had been showing bearish sentiment towards Ethereum for the longest time. The second-largest cryptocurrency by market cap, which had initially caught their attention, was not doing as well as expected, and the outflows that followed were massive. However, it looks like sentiment among these large investors is beginning to turn positive as Ethereum has begun to record inflows. Ethereum Inflows Balloons Over the last several weeks, Ethereum inflows have been ramping up. Although they were nowhere near the volumes that had been recorded during the bull market, it…
MyTopSportsbooks Journalist Investigates Profitability of Move-to-Earn Sneakers – Blockchain News, Opinion, TV and Jobs
A journalist has spent a month tracking his movements via a popular move-to-earn app to answer the question “Can you make money walking with NFTs?”. Ashton Miller, a journalist with MyTopSportsbooks, a website providing reviews of the best the best sports betting sites on the web, spent a month walking in non-fungible sneakers. The virtual shoes, represented in move-to-earn (M2E) app STEPN, award their “wearer” with cryptocurrency for every step they take. Miller’s investigative journalism entailed using the STEPN app every day for a month and recording his progress and…