ACS Gets Its Largest Crypto Gift — $250K

ACS Gets Its Largest Crypto Gift — $250K

The American Cancer Society (ACS) received its largest ever contribution of cryptocurrency, $250,000 from Christian Linge of SafeBreast communities from Oslo, Norway. It will go into the ACS Cancer Crypto Fund. Linge will be recognized as a “Visionary Donor.” He is already listed on the ACS Crypto Cancer Fund Wall of Honor for an earlier … Read more

Facebook scales back its crypto ambitions once again – TechCrunch

Facebook scales back its crypto ambitions once again – TechCrunch

Facebook is launching a small pilot of its cryptocurrency wallet named Novi. A limited number of people in the U.S. and Guatemala can sign up to Novi and start using it. Instead of issuing its own stablecoin (Diem) on its own blockchain (the Diem network), the company is partnering with Paxos and Coinbase to let … Read more

As Crypto Prices Reach for New Highs, DigiMax Strategy Continues to Strengthen

As Crypto Prices Reach for New Highs, DigiMax Strategy Continues to Strengthen

TORONTO, ON / ACCESSWIRE / October 19, 2021 / DIGIMAX GLOBAL INC. (the “Company” or “DigiMax”) (CSE:DIGI) is pleased to provide an update on several of the new initiatives it has engaged in the past several months, and an outlook on what lies ahead.DigiMax has embarked on several seemingly disparate projects that are now converging … Read more

Andrew Yang Reveals His Political Party Will be Pro Crypto

Andrew Yang Reveals His Political Party Will be Pro Crypto

Andrew Yang – an American entrepreneur, politician, and founder of the newly launched Forward Party – said he wants his organization to represent the US crypto community. In Attempt to Solve America’s Financial Problems “Not right. Not left. Forward.” That is the slogan of the new political party in the United Stated – The Forward … Read more

Experts fret for investors as celebrities like Kardashian, Musk tout crypto

Experts fret for investors as celebrities like Kardashian, Musk tout crypto

“This part of the enthusiasm, this star power exuberance, exacerbates an otherwise spontaneous social phenomenon,” Cunningham said in an interview. “I understand it. I do think we’d all benefit from a little self-regulation.”Some celebrities have experience in crypto, but many don’t, Cunningham said. Education is key, said Cleve Mesidor, public policy adviser at the Blockchain Association.Cryptocurrencies … Read more

Is the Great Crypto Debate Different This Time?

Is the Great Crypto Debate Different This Time?

Cryptocurrencies will displace fiat. The banks — even central banks — will be disintermediated. Volatility and risk will rule the day. And, if people don’t get the access to bitcoin or other crypto alternatives they want, there will be rioting in the streets. Or perhaps there will be an orderly transition toward a coexistence between … Read more

France tests crypto assets in series of government bond deals

France tests crypto assets in series of government bond deals

France has used digital assets and blockchain technology in a series of bond transactions, marking one of the most significant trials to date of cryptocurrencies in a leading established market.A consortium of France’s biggest financial market participants utilised a digital currency issued by the Banque de France as part of the 10-month experiment in the country’s … Read more

Financial Advisors Managing $110 Trillion Can Now Offer Crypto Trading to Clients via Interactive Brokers – Featured Bitcoin News

Financial Advisors Managing $110 Trillion Can Now Offer Crypto Trading to Clients via Interactive Brokers – Featured Bitcoin News

Registered investment advisors (RIAs) with about $110 trillion under management can now offer their clients cryptocurrency trading through Interactive Brokers. RIAs manage portfolios of almost 61 million clients. Registered Investment Advisors Can Now Offer Cryptocurrencies to Clients Global investment firm Interactive Brokers Group (Nasdaq: IBKR) announced Monday the launch of cryptocurrency trading for registered investment … Read more

Crypto news: Cardano founder Charles Hoskinson says US is trying to ‘kill’ blockchains

Crypto news: Cardano founder Charles Hoskinson says US is trying to ‘kill’ blockchains

A crypto founder has issued a grim warning about the digital currency despite record windfalls in the past week, with worse on the horizon.A top crypto boss has issued a grim warning about the digital currency despite record windfalls in the past week. Over the weekend, bitcoin topped the all-important $US60,000 mark ($A82,351) for the … Read more

Letter: Crypto tax treatment is a concern for all investors

Letter: Crypto tax treatment is a concern for all investors

You report (October 16) that the US Internal Revenue Service, HM Revenue & Customs in the UK and the US Securities and Exchange Commission have intensified scrutiny of individual cryptocurrency holdings. But individual investors are only part of the picture — institutional investors and corporations also have significant crypto exposure now.Tax and regulatory authorities are … Read more

DraftKings Steps Further Into Crypto With Plans to Become Polygon Validator

DraftKings Steps Further Into Crypto With Plans to Become Polygon Validator

DraftKings tapped Polygon for its marquee non-fungible token (NFT) release with Tom Brady’s Autograph back in August.Now the sports betting giant is going all-in on the Ethereum layer-2 solution with a partnership that could make it one of the blockchain’s largest governors.DraftKings, valued at nearly $20 billion on the public market, is planning to use … Read more

Top Ten Crypto Market Capitalizations Shifted a Great Deal Since the Last Time BTC Hit $60K – Markets and Prices Bitcoin News

Top Ten Crypto Market Capitalizations Shifted a Great Deal Since the Last Time BTC Hit $60K

The price of bitcoin recently jumped above the $60,000 per unit mark on October 15, and the leading crypto asset has not seen prices this high since mid-April six months ago. However, as far as the top digital assets are concerned, in terms of market capitalization, things are a whole lot different. For instance, ether … Read more

Crypto Marketplace Bakkt Goes Public, Amid Increased Digital Asset Interest

Crypto Marketplace Bakkt Goes Public, Amid Increased Digital Asset Interest

24K-Production / Getty ImagesCrypto platform Bakkt, which enables consumers, businesses and institutions to buy, sell, spend, send and redeem digital assets, went public today on the New York Stock Exchange under the ticker symbol “BKKT.”See: Starbucks, Best Buy and More: Using the Bakkt App To Pay With BitcoinFind: Bitcoin at $60K Thanks To (Probable) Bitcoin … Read more

Interactive Brokers launches crypto trading in US for four tokens

Interactive Brokers launches crypto trading in US for four tokens

Brokerage firm Interactive Brokers Group is allowing investment advisers registered with the company to trade four cryptocurrencies.In an Oct. 18 announcement, Interactive Brokers said its Registered Investment Advisers would be able to trade and custody Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) for clients using Paxos Trust Company. The firm reported this … Read more

The Potential of FutureCoin, the Decentralized Crypto Bank Solution

The Potential of FutureCoin, the Decentralized Crypto Bank Solution

Bucharest, Romania–(Newsfile Corp. – October 18, 2021) – FutureCoin, a platform that aims to launch a decentralized banking solution, announces that it will be the first crypto company using Solar energy.FutureCoin is a cryptocurrency project founded by Filip Cristian, a 19-year-old entrepreneur with an incredible team and experience.FutureCoin projects include Destiny Wallet and Destiny Swap … Read more

Don’t subject stablecoins to new rules, crypto lobby tells U.S. regulators

Don't subject stablecoins to new rules, crypto lobby tells U.S. regulators

LONDON, Oct 18 (Reuters) – Asset-backed stablecoins do not pose a systemic risk to the U.S. financial system and should not face a new set of rules, a major cryptocurrency lobby group told U.S. regulators on Monday, as tighter oversight of the fast-growing technology looms.Stablecoins – digital tokens usually backed by reserves of dollars or … Read more

Russia, Belarus Move to Introduce Special Electricity Tariffs for Crypto Miners – Mining Bitcoin News

Russia, Belarus Move to Introduce Special Electricity Tariffs for Crypto Miners

Authorities in Belarus and the Russian Federation are taking steps to separate cryptocurrency miners from other groups of power users and deny them access to subsidized energy. This could lead to the adoption of differentiated electricity rates for businesses involved in digital coin minting activities. Cryptocurrency Miners in Russia and Belarus May Face Higher Energy … Read more

Liquidator of Defunct South African Crypto Exchange Says He Found a 54 BTC Discrepancy in Ice3’s Accounts – Exchanges Bitcoin News

Liquidator of Defunct South African Crypto Exchange Says He Found a 54 BTC Discrepancy in Ice3's Accounts

A court-appointed liquidator, Dewald Breytenbach of National Liquidators, recently claimed that out of the 76 bitcoins that belonged to the now-defunct South African cryptocurrency exchange, Ice3, his firm can only account for 22. Ice3’s Abrupt Shut Down The liquidator adds that the crypto exchange’s Zurich-based tech provider Merkeleon is now being asked to help unravel … Read more

The Indonesian Blockchain Association Positively Welcomes Bahtsul Masail’s (Discussion Forum Among Islamic Scholars) Response to Justify Crypto Assets Trading

The Indonesian Blockchain Association Positively Welcomes Bahtsul Masail's (Discussion Forum Among Islamic Scholars) Response to Justify Crypto Assets Trading

JAKARTA, Indonesia, Oct. 18, 2021 /PRNewswire/ — Asosiasi Blockchain Indonesia (The Indonesian Blockchain Association) is Indonesia’s official blockchain and digital asset association. The growth of the crypto asset industry in Indonesia is currently showing a quite drastic increase in transactions, the Minister of Trade, Muhammad Luthfi said last year the trading volume of crypto assets … Read more

What is STX and why is it going up?

stacks

The cryptocurrency market has been growing for the past few years. While most coins dipped marginally earlier this year, Stacks (STX) is one coin that caught investors attention with its growth tally. STX has rallied 19.53 per cent in the last 24 hours to trade at $2.70, according to CoinMarketCap. The coin’s market cap has also … Read more

The Superfast Crypto with an Unprecedented Growth Rate

The Superfast Crypto with an Unprecedented Growth Rate

The cryptocurrency market has been on the rise for the past year, and with its growing awareness, more investors are joining the crypto market. Even though there are many trusted cryptocurrencies in the market with promising returns, Solana’s supersonic growth and adoption among investors have surprised everyone. The promising cryptocurrency, also known as the ‘ethereum … Read more

Does crypto belong in an ESG portfolio?

Does crypto belong in an ESG portfolio?

Doug Miller is a staunch believer in the power of technology to solve environmental problems. As a masters student at London’s Imperial College, the American orchestrated a field study of office workers and energy consumption. He found that automating light switches was more effective and cheaper than relying on the last person leaving a room … Read more

The Crypto Daily – Movers and Shakers – October 18th, 2021

The Crypto Daily – Movers and Shakers – October 18th, 2021

A mixed start to the day saw Bitcoin rise to a late morning intraday high $61,475.0 before hitting reverse. Falling well short of the first major resistance level at $62,077, Bitcoin slid to a late intraday low $59,019.0. Bitcoin fell through the first major support level at $59,915 before a late move back through to … Read more

Coinbase Publishes Proposal for Crypto Regulation Pushing 4 Core Recommendations – Regulation Bitcoin News

Coinbase Publishes Proposal for Crypto Regulation Pushing 4 Core Recommendations

Cryptocurrency exchange Coinbase has published its proposal for crypto regulation after “more than 75 meetings with stakeholders in government, industry, and academia,” CEO Brian Armstrong revealed. In its Digital Asset Policy Proposal, the company recommends “four core pillars to inform future U.S. regulation.” Coinbase’s Proposal for Crypto Regulation The Nasdaq-listed cryptocurrency exchange Coinbase published its … Read more

‘Urgent’ Action Needed—‘Massive’ Bitcoin And Crypto Price Collapse Warning Issued Over Systemic Risk

‘Urgent’ Action Needed—‘Massive’ Bitcoin And Crypto Price Collapse Warning Issued Over Systemic Risk

Bitcoin and cryptocurrency prices have charged higher this week, propelling the combined crypto market to its all-time high of around $2.5 trillion. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains The bitcoin price has added 50% since its September lows, climbing to over … Read more

Demole partners with several global crypto companies and is

Demole partners with several global crypto companies and is

Hanoi, Vietnam, Oct. 17, 2021 (GLOBE NEWSWIRE) — The Demole game is expected to be one of 2021’s most popular play-to-earn NFT games. With partnerships in place with several global crypto and DeFi companies, this exciting new platform has the potential for long-term success as it plans its release later this year. What is the … Read more

Is Solana the Fastest Horse? Veteran Crypto Trader Shows Why SOL May Be Set to Outperform Everything

Is Solana the Fastest Horse? Veteran Crypto Trader Shows Why SOL May Be Set to Outperform Everything

A closely followed trader suggests that smart contract platform Solana (SOL) might be the fastest horse in the crypto bull market. The trader known as Cantering Clark shares with his 76,000 followers a snapshot of a collection of different cryptos throughout the day.   He notes that even while Bitcoin was receiving all of the … Read more

Investment advisers ‘extremely skeptical’ about first U.S. bitcoin ETF: ‘It’s a hard thing for RIAs to recommend an inferior’ crypto product

Investment advisers 'extremely skeptical' about first U.S. bitcoin ETF: 'It's a hard thing for RIAs to recommend an inferior' crypto product

Happy Sunday! Welcome to the penultimate installment of Need to Know Crypto Edition, ahead of the launch of a new weekly crypto newsletter “Distributed Ledger,” which will kick off next month. I’m Mark DeCambre, managing editor of markets and I’ll walk you through the latest and greatest in digital assets this week so far. There … Read more

Acute shortage of crypto experts leads to hike in remuneration in India’s blockchain industry

Acute shortage of crypto experts leads to hike in remuneration in India’s blockchain industry

NEW DELHI: The number of active job openings in India’s blockchain industry has increased by 50 per cent since last year with 12,000 vacancies, according to Xpheno’s report, an Indian specialist talent solutions company. The annual salary in the crypto industry has shot up to Rs 80 lakhs for crypto experts with 8 to 10 … Read more

Telos Launches EVM Mainnet To Combat Insider Trading In Crypto Markets

Telos Launches EVM Mainnet To Combat Insider Trading In Crypto Markets

In a bid to solve problems like frontrunning in the cryptocurrencies market, high gas fees, and slow transaction speeds that plague the Ethereum network intermittently, Telos blockchain today announced the launch of its EVM Mainnet, the first fully EVM-compatible Layer 1 chain that gives a multitude of programs operating on the Ethereum chain unprecedented ease … Read more

Business News | Stock and Share Market News

Business News | Stock and Share Market News

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The crypto industry royally screwed up privacy

The crypto industry royally screwed up privacy

Privacy is a complicated topic. Few would argue that privacy is not important. It’s generally more interesting to talk about things that are disputable. So, the limited arguments against privacy actually make it somewhat boring to discuss and easy to take for granted. As Edward Snowden famously said: “Arguing that you don’t care about privacy … Read more

JMP Securities Sees Crypto Entering the Mainstream, Says Adoption Has Hit Escape Velocity – Featured Bitcoin News

JMP Securities Sees Crypto Entering the Mainstream, Says Adoption Has Hit 'Escape Velocity'

Investment banking and asset management firm JMP Securities says that “The crypto economy is entering the mainstream,” emphasizing that crypto “adoption and early use cases have established ‘escape velocity.” However, the firm’s analysts noted that “the industry is still in its formative stage.” ‘The Crypto Economy Is Entering the Mainstream’ JMP Securities recently published a … Read more

14% of Americans Want Crypto Rewards for Using Their Credit Cards – Bitcoin News

Survey Shows 14% of Americans Want Cryptocurrency Rewards for Using Their Credit Cards

During the last few years, prepaid cards that offer cryptocurrency rewards have grown popular and a number of digital asset payment cards offer these types of rewards. This means instead of accruing frequent flyer miles or points, consumers get rewarded in crypto assets every time they make a purchase with the card. A recent study … Read more

Will target 50 mn Indian crypto users in 2 years: CoinSwitch Kuber CEO

(L-R) Vimal Sagar (Co-founder & COO), Govind Soni (Co-founder & CTO), Ashish Singhal (Co-founder & CEO)

Cryptocurrencies are waiting to explode in India and Ashish Singhal, Co-founder and CEO of leading crypto exchange CoinSwitch Kuber, aims to onboard at least 50 million users from India in the next two years, educating them around crypto investments and helping them create wealth. With more than 15 million users in India, CoinSwitch Kuber has … Read more

Steam quietly bans games that feature crypto/NFT exchanges

Steam quietly bans games that feature crypto/NFT exchanges

(BigStock Photo) Games and other applications that involve minting or trading cryptocurrency or non-fungible tokens are no longer allowed on Steam. The company behind Steam, Bellevue, Wash.-based Valve Software, quietly updated its content rules and guidelines for studio partners at some point in the last couple of months. They now specifically disallow programs “built on … Read more

DogeCola Launches a Brand New Crypto Token, DogeBull, That Operates on a Unique Buyback Mechanism

DogeCola Launches a Brand New Crypto Token, DogeBull, That Operates on a Unique Buyback Mechanism

Amsterdam, Netherlands–(Newsfile Corp. – October 16, 2021) – DogeCola’s sister token DogeBull reaches 500 BNB target in minutes after its launch.DogeColaTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/7994/99939_0757df8294e45917_001full.jpgDogeCola, the most innovative mixture of crypto and food, which received immense love from masses across the globe, recently launched its Sister Token “DogeBull”. Shortly after … Read more

Congress needs to step up on crypto, or Biden might crush it

Congress needs to step up on crypto, or Biden might crush it

Recent developments both domestically and abroad have finally catalyzed the Biden administration to take the long-delayed step of engaging on the many regulatory issues surrounding cryptocurrencies and blockchain technology.One of the most promising economic innovations since the internet, the market cap of cryptocurrencies is now over $2 trillion and there is a growing consensus that … Read more

Bitcoin entering final stage of major bull trend, crypto analyst says

Bitcoin entering final stage of major bull trend, crypto analyst says

Trader and cryptocurrency analyst Alessio Rastani believes Bitcoin (BTC) is entering the final stage of the current bull market, which will propel the leading cryptocurrency to a $100,000 price target. To explain his prediction, Rastani cited the Elliott Wave Theory, which divides upward price trends into five waves. Rastani believes we have entered the final wave … Read more

After Surviving the Crypto Wave for a Decade, Where is Litecoin Headed?

After Surviving the Crypto Wave for a Decade, Where is Litecoin Headed?

by Shivani Muthyala October 16, 2021 Litecoin is a cryptocurrency that was up by more than 140% the previous year. But now when we take a look at LTC, it is one of the fastest-growing coins until May this year, but with the external factors colliding the situation has drastically changed. Litecoin prices have been … Read more

Could Stablecoins Topple the Crypto Industry?

Could Stablecoins Topple the Crypto Industry?

Image source: Getty Images It could be said that Tether (USDT) has been crypto’s dirty secret for several years. Like other stablecoins, it avoids the volatility of ordinary cryptocurrencies by pegging its value to another commodity — in this case, the U.S. dollar. Crypto traders use stablecoins to move in and out of crypto positions … Read more

Chingari Launches $Gari Crypto Token, NFT Marketplace in India With Actor Salman Khan as Brand Ambassador

Chingari Launches $Gari Crypto Token, NFT Marketplace in India With Actor Salman Khan as Brand Ambassador

$Gari, an indigenous cryptocurrency token, was launched in India on Saturday. The crypto token, launched by Chingari — a made-in-India short video app — is also launching its own NFT marketplace. $Gari will have Bollywood actor Salman Khan as its brand ambassador, who was also present at its launch event in Mumbai. The crypto token … Read more

Crypto Breaks $2.5 Trillion As Bulls Predict A ‘Ludicrously Strong’ Bitcoin And Ethereum Price Rally

Crypto Breaks $2.5 Trillion As Bulls Predict A ‘Ludicrously Strong’ Bitcoin And Ethereum Price Rally

Bitcoin and cryptocurrency prices have surged this week as expectations the U.S. regulator will green light a bitcoin futures exchange-traded fund (ETF) have soared. The bitcoin price smashed through $60,000 per bitcoin, hitting highs of almost $63,000 yesterday before falling back slightly and pushing the combined cryptocurrency market to over $2.5 trillion—returning to its May … Read more

4 Crypto Influencers Share Their Top Utility Coin and Explain Why

4 Crypto Influencers Share Their Top Utility Coin and Explain Why

Altcoins that spiked by more than a million percent two years ago are almost unheard of today.  Whether that experience will repeat itself remains to be seen.  Regardless of the uncertainty, crypto influencers each have a favorite pick that they believe in. Investing in cryptocurrencies isn’t like investing in stocks. There aren’t many analysts from … Read more

The responsibility behind a crypto lender’s asset listing

The responsibility behind a crypto lender’s asset listing

Crypto lenders are the institutions situated between consumers and the untamed, blockchain-based, and often unregulated space of cryptocurrencies. As such, they are in a peculiar position when it comes to responsibility towards their customers and the assets for which they provide services. Consequently, when choosing which currencies to support, lenders lead a delicate dance of … Read more

Coinbase Reverses Its 2018 Testimony To Congress, Argues For One Crypto Regulator

Coinbase Reverses Its 2018 Testimony To Congress, Argues For One Crypto Regulator

Yesterday, Coinbase released a Digital Asset Policy Proposal that includes a vision of a regulatory environment for digital assets, including a new designated federal regulator for cryptocurrency. Faryar Shirzad, the new Chief Policy Officer at Coinbase who joined as of May of 2021, is the author of the document and previously co-led Government Affairs for … Read more