Asian governments are pursuing precautions to combat evolving cryptocurrency scams in this modern crypto-oriented world.
The discount has resulted in heavy losses for some investors, but Grayscale is keen on offering the discount to attract more even traders.
Wright claims he has no intention to bully smaller websites, neither does he plan on limiting access to the whitepaper, but he wants to prevent developers and creators of similar assets like the Bitcoin Core to deceive the public that their asset is Bitcoin
As Bitcoin (BTC) and Ethereum (ETH) are classified as taxable assets by the US tax authorities, the proposed capital gains tax will also impact crypto investors who have held and earned returns on their digital currencies for a year now.
The market pull-back may also be linked to the possible cryptocurrency market crackdown caution that is probably scaring off some investors.
As interest in crypto increases, there is also a surge in online trading fueled by retail investors.
It is estimated that the Thodex exchange has shut down with between $2-10 billion of investors’ hard-earned money irretrievable.
On Earth day, Chris Larsen in a blog post argued why he thinks Bitcoin needs to reconsider Proof-of-Work when validating transactions. As the oldest and the world’s most dominant crypto asset, its core technology remains largely unchanged.
One of the funds launched by Huobi Asset Management is a private equity fund that will invest solely in cryptocurrency mining operations.
The bill will clarify the roles of regulatory agencies like the Commodity Futures Trading Commission (CFTC) and the US Securities and Exchange Commission (SEC) in managing crypto in the US.
Unstoppable Wallet is one of the newest and lesser-known wallets in the ecosystem. It was the latest mobile-first wallet to be added to bitcoin.org wallet list.
According to a report, there is a 5.3% increase in its holdings with new whales having in possession 100,000 BNB and 1,000,000 BNB.
Like Tesla, WeWork said that it would be showing crypto on its balance sheet. The company added that it would pay landlords and third-party partners with crypto.
As Bitcoin continues to expand, some investors have preferred to acquire shares in mining services like Marathon over buying BTC itself.
In the press release, Venmo said that all crypto transactions are managed in the Venmo app.