Day: August 2, 2022

Blockchain.com wins registration next to parent firm on the Cayman Islands

Blockchain.com, one of the oldest Bitcoin (BTC) infrastructure firms, is strengthening regulation and compliance efforts by securing registration in the Cayman Islands. The blockchain wallet and cryptocurrency exchange platform Blockchain.com is expanding operations in the Cayman Islands after receiving registration from the Cayman Islands Monetary Authority (CIMA). Issued on July 6, the registration officially authorizes Blockchain.com to provide custodial services, operate an exchange, and offer over-the-counter crypto brokerage services for institutional clients under the CIMA’s regulatory framework. Blockchain.com’s chief business officer Lane Kasselman pointed out that the Cayman Islands is…

What Kazakhstan’s new tax regime means for the crypto mining industry

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On July 11, the President of Kazakhstan, Kassym-Jomart Tokayev, signed new tax rates for crypto mining operators into law. While these amendments reflect the country’s growing frustration with the undertaxed and non-transparent usage of the national power grid by both foreign investors and domestic perpetrators, the new taxes could hardly be called excluding.  Moreover, they could signal the further adoption and legalization of mining in energy-rich Kazakhstan, making the country and the region an even more attractive destination for miners amid tightening pressure in more established jurisdictions. Reality check The…

ETH Drops Below $1,500 as Prices Extend Recent Declines – Market Updates Bitcoin News

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Ethereum was once again trading in the red, as prices of the token fell below $1,600 during today’s session. Tuesday’s drop is the fifth consecutive day that prices of the cryptocurrency have moved lower. Bitcoin also extended its streak of declines, falling under $23,000 in the process. Bitcoin Bitcoin (BTC) was lower for a fifth straight day, as prices of the token slipped below $23,000 in today’s session. Following a peak of $24,121.64 to start the week, the world’s largest cryptocurrency plunged by over $1,000 on Tuesday. This latest decline…

Dogecoin Price Spikes – Unsurprisingly – After This Tweet From Elon Musk

Dogecoin, the top dog meme coin, has done it again and has winged its way by more than 4% following a Twitter post by Tesla CEO Elon Musk that read: “X AE A-XII loves Doges” with a video showing his son playing with Shiba Inu dogs. Musk and his son X also posted photos via Twitter that show off their matching haircuts. The billionaire admits to cutting both his own as well as his son’s hair. Interestingly enough, Twitter user @cb_doge was able to dig up a couple of old…

Running 2 Bitcoin Miners on Starlink to make $800 per month

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io I am running 2 bitcoin miners on my Starlink Internet System right now and after electricity and internet costs, the system is generating about $800 per month in profit. In this video I am going to walk you through the Starlink internet system as well as the bitcoin miners that I am running on the system. 📗My FREE Courses:📗 Stock Market Fundamentals: Crypto and Bitcoin Basics: 💰 FREE Money💰 $25 in free crypto: $50 Free Commissions with Questrade: 2 Free Stocks with…

Cryptopunk’s Volume Increased by 1,847% After Tiffany & Co. Launched a Special NFT Line.

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Anyone can purchase the newly released NFTiff, but Punk holders who already own one can redeem it for a custom pendant. The trading volume of CryptoPunks, one of the sector’s most popular nonfungible token (NFT) collections, increased by 1,847% in 24 hours on Monday. Punk NFTs valued at about $1,226.68 Ether (ETH) were traded during that period. The rise in demand appears to be related to the unveiling of Tiffany & Co.’s own NFT collection, which includes a special perk for Punk holders. The collection, dubbed “NFTiffs,” comprises 250 digital…