Miami-Dade Officials Hope to Launch a Crypto Task Force, Residents Could Pay Taxes in Bitcoin Soon – Taxes Bitcoin News

Back in mid-February, Bitcoin.com News reported on Miami’s Mayor Francis Suarez supporting the idea of the city holding bitcoin in the treasury and allowing tax payments in bitcoin as well. On April 15, 2021, reports show that the city may introduce the tax payments concept soon, as the District 8 county commissioner Danielle Cohen Higgins has pushed for the invocation of a Miami-Dade digital currency task force. A Resolution for a Cryptocurrency Task Force Has Been Submitted to an Infrastructure Committee in Miami-Dade A few years ago at The North…

Pendle Finance raises $3.5M to launch secondary market for DeFi yields

Pendle Finance, a DeFi protocol that allows users to tokenize and sell future yields, has completed a private investment round worth $3.5 million to power the next phase of its platform’s evolution.  The private investment round included contributions from several companies, including CMS, DeFi Alliance, Lemniscap, Hashkey Capital, imToken and Spartan Group, among others. The team is being advised by industry leaders from such projects as Kyber Network and KeeperDAO. Pendle’s co-founder, referred to as TN, said his platform allows users to trade the “ever-increasing yield” offered by DeFi products…

Co-Founder of South Africa’s Crypto Index Fund Reveals the Plan to Launch Country’s First Bitcoin ETF – Finance Bitcoin News

Earle Loxton, the cofounder of EC10 (formerly DCX Capital) the institution behind the South African crypto index fund, says plans are afoot to launch the country’s first exchange-traded fund (ETF). The ETF is expected to offer South African institutional investors an indirect way of getting exposure to bitcoin. According to Loxton, an application for this ETF will soon be lodged with the Johannesburg Stock Exchange (JSE). However, Loxton also reveals in a podcast that before proceeding with the application, EC10 alongside Easy Equities will initially prioritize finding a suitable custodian…

Launch of Brand New Online Trading Guide

The online trading guide Trading Browser is a tool for real crypto traders who are looking for a break on their way to becoming profitable. Trading Browser is one of the most promising new online crypto trading guides and it’s having a big remake of its website when it comes to design and functionality. The focus is clear and it’s going to be big for the whole trading community. It is built on trust and professionalism. Trading Browser is creating a new environment for cryptocurrency traders where they can get…

Crypto Exchange Binance Introduces Stock Trading Starting With Launch of Tesla Tokens

Global crypto exchange Binance is expanding its offerings with the launch of stock tokens. In a new blog post, Binance reveals that it is unveiling tradable stock tokens that enable users to access shares of companies listed in traditional stock exchanges. Binance notes that each stock token is fully backed and represents one share of equity stock. To facilitate the sale and storage of stock tokens, the crypto exchange has teamed up with investment firm CM-Equity AG and Switzerland-based asset tokenization platform Digital Assets AG. Holders of stock tokens on…

Singapore Crypto Exchange Bityard to Launch Its First Global Trading Contest – Press release Bitcoin News

press release PRESS RELEASE. Singapore crypto exchange Bityard will launch its first trading contest before May 2021, with up to 60,000 Tether prize pool. The contest registration for each team’s captain is now open. As mainstream cryptocurrencies such as Bitcoin and Ether have been increasing gradually in value, more and more investment institutes and major companies have flooded into the crypto market. So far, the Bitcoin bull market has shown no sign of ending, and some people are expecting Bitcoin to hit $400K this year. The continuous bull market also…

NVDA Stock Jumps 6% on Launch of New Nvidia Products and Higher Q1 Revenue Expectations

When gauging its performance in February, Nvidia said its revenue for the fiscal first quarter, which ends in May, would total $5.3 billion. However, the company revised the data provided at that time and concluded that its potential is much better than this figure.  GPU manufacturer Nvidia Corporation (NASDAQ: NVDA) showed impressive performance on the market yesterday. The company’s stock closed 5.62% up, at $608.36 per share. The rise of Nvidia stock followed the company’s launch of new products as well as the announcement about the anticipation of larger than beforehand…

Galaxy Digital Seeking to Launch Bitcoin ETF in the U.S.

Galaxy Digital, a digital assets investment management firm, has become the latest company to file for a Bitcoin exchange-traded fund (ETF), with the U.S. Securities and Exchange Commission (SEC). Galaxy Digital Files for Bitcoin ETF In a Form S-1 published on Monday (April 12, 2021), Mike Novogratz’s Galaxy Digital stated its intention to launch a Bitcoin ETF called “Galaxy Bitcoin ETF”. According to the document, the Bitcoin ETF, if approved, would trade on the NYSE Arca exchange. The preliminary prospectus, however, does not name the custodian for the proposed Bitcoin…

Bithumb Offering 20,000 USDT Prize to Celebrate Launch of LCMS on Their Platform

The LCMS platform takes advantage of blockchain’s tracking capability and can provide information about the product’s history. Bithumb Global, an international crypto trading platform, has announced through a tweet that they will be launching a community event to celebrate the launch of the LCMS token on their platform. The community event will be held from 24th March till 6th April according to the announcement on Bithtumb’s website, and the people that deposit and trade LCMS could win 20,000 USDT.  The event will be distributed into two categories, one of the…

How will Sora’s price perform after the launch of Polkaswap?

In a recent investment thesis on the coin Sora (XOR), the Cointelegraph Research team explored the current state of the DeFi industry, highlighting the biggest challenges that the industry is facing right now. The two largest problems are scalability and the segregation of multiple blockchains that exist independently and cannot share information between one another. The Polkadot project tries to solve both these bottlenecks by offering cross-blockchain transfers of any type of asset. They also provide transactional scalability by spreading transactions and validation across multiple parallel blockchains. Download the full…