Miami Plans to Pay City Employees in Bitcoin. Should You Accept Crypto Wages?

Miami Plans to Pay City Employees in Bitcoin. Should You Accept Crypto Wages?

Miami Mayor Francis Suarez is pushing ahead with his mission to make Miami the crypto capital of the U.S. — and even the world. In a video interview this week, he told Bloomberg Technology that the work was a “major priority.”But to make progress, Suarez still needs approval from authorities in Tallahassee. Right now, Miami … Read more

Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector – Regulation Bitcoin News

Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector

The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies. Regulators Accused of Failure to Take Russian Crypto Market Out of Shadow Russian … Read more

Thai Prime Minister Cautions Investors Getting Into Crypto as Interest in Digital Assets Soars – Regulation Bitcoin News

Thai Prime Minister Cautions Investors Getting Into Crypto as Interest in Digital Assets Soars

The prime minister of Thailand has cautioned investors getting into cryptocurrencies, noting that they are volatile and highly speculative. Recently, interest in cryptocurrencies has soared as young investors in the country discovered that they could make money quickly by investing in cryptocurrencies. Thai Prime Minister Warns About Crypto Investing Ratchada Thanadirek, deputy spokeswoman for the … Read more

The founder of DeFi network avalanche says success for crypto will be bitcoin losing its crown to a stablecoin | Currency News | Financial and Business News

Bitcoin crushed by US dollar

Bitcoin crushed by US dollar urfinguss “We are not anywhere near done until the number one coin is a stablecoin,” Emin Gün Sirer, CEO of Ava Labs, told Insider. Stablecoins have an advantage because they can be tied to assets like the dollar, which makes them less volatile. But stablecoins face questions from regulators about … Read more

Should you buy a bitcoin-futures ETF versus actual bitcoin or crypto stocks? Experts weigh in on the advantages of each. | Currency News | Financial and Business News

A gold Bitcoin seen on display with a stock market graph in the background

Bitcoin has pushed to an all-time high above $66,000. Rafael Henrique/SOPA Images/LightRocket via Getty Images Bitcoin futures ETFs burst onto the scene this week, marking a new milestone for the crypto market. Insider talked to market experts about how the new ETFs compare to owning actual bitcoin. ProShares and Valkyrie launched their ETFs this week, … Read more

Bitcoin Forecast To Hit $5 Million As Price Soars Through 2021

Bitcoin Forecast To Hit $5 Million As Price Soars Through 2021

Bitcoin has rocketed through October, climbing as hype surrounding the first U.S. bitcoin futures exchange-traded fund (ETF) and fresh inflation fears galvanize investors. 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 around 40% since this time last month, … Read more

Solana Moves Into 6th Largest Crypto Market Cap Position — SOL Valuation Targets Cardano’s Rank – Bitcoin News

Solana Moves Into 6th Largest Crypto Market Cap Position — SOL Valuation Targets Cardano's Rank

The crypto asset solana has managed to capture more than 12% in gains during the last 24 hours and has recently positioned itself as the sixth-largest cryptocurrency market capitalization. The crypto asset’s overall market cap is around $62.2 billion, only 11% away from surpassing cardano’s market valuation at $69 million. Solana Takes the 6th Spot, … Read more

Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations – Regulation Bitcoin News

Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations

The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming months. Minister Says Pakistan Government Has No Objection to Investments … Read more

Bitcoin briefly crashed 87% to about $8,000 on Binance’s US crypto trading platform | Currency News | Financial and Business News

Bitcoin

Bitcoin. Nurphoto Bitcoin plummeted to $8,200 on Binance’s US platform, Coin Telegraph first reported. The brief decline in the cryptocurrency was an 87% fall from $65,815. Binance’s CEO tweeted “expect very high volatility in #crypto over the next few months.” Bitcoin briefly plummeted to about $8,000 on Thursday – but only on the Binance US … Read more

Real Estate Platform Pacaso Accepts Crypto Assets for Payments, CEO Says ‘Mass Crypto Adoption Well Underway’ – Bitcoin News

Real Estate Platform Pacaso Accepts Crypto Assets for Payments, CEO Says 'Mass Crypto Adoption Well Underway'

On October 20, the day bitcoin smashed a new all-time price high, the real estate platform Pacaso announced it will be accepting cryptocurrencies via Bitpay. The CEO of the real estate firm that helps people buy and co-own a second home, Austin Allison, says the firm has seen increased crypto adoption “across the real estate … Read more

Riding the crypto rollercoaster: Bitcoin nears record high

Riding the crypto rollercoaster: Bitcoin nears record high

By Tom WilsonLONDON (Reuters) – Bitcoin is on the cusp of an all-time high, its latest rally fuelled by the launch of the first U.S. bitcoin futures exchange-traded fund that investors think could make the cryptocurrency accessible for swathes of new investors.But the advent of cryptocurrency ETFs in the world’s biggest economy hasn’t been the … Read more

Concierge Service Catering to Crypto Whales Sees 500% Increase in Clients Over the Last 6 Months  – Bitcoin News

Concierge Service Catering to Crypto Whales Sees 500% Increase in Clients Over the Last 6 Months 

On Tuesday, Concierge.io, the exclusive travel service backed by Travala.com announced it added new luxury services in order to give crypto investors “a more premium experience to live out their travel dreams.” The concierge service for “the crypto world’s elite” details its added experiences like a seven-star igloo in Antarctica, all-inclusive African safaris, and a … Read more

Bitcoin Could Be About To Surge To Never-Before-Seen Highs As Ethereum Rallies

Bitcoin Could Be About To Surge To Never-Before-Seen Highs As Ethereum Rallies

Bitcoin, after soaring back to its all-time highs of around $65,000 per bitcoin over the last month, is surging after the launch of the first U.S. bitcoin futures exchange-trading fund (ETF). Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains The bitcoin price has … 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

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

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

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

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

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

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

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

Estonia Considers Revoking Crypto Licenses as Government Mulls Tougher Regulations – Regulation Bitcoin News

Estonia Considers Revoking Crypto Licenses as Government Mulls Tougher Regulations

Authorities in Estonia are working on new legislation expected to stiffen the rules for the country’s cryptocurrency sector. The Baltic nation’s regulator for the industry is considering whether to revoke previously issued crypto licenses and restart authorization from scratch. Licensed Crypto Companies Register Millions in Turnover, Estonia Gets Little With only around 1.3 million people, … Read more

Still Early but Crypto Can Be Used for Oil Trade Settlements, Store of Value – Economics Bitcoin News

Putin: Still Early but Crypto Can Be Used for Oil Trade Settlements, Store of Value

Accusing the U.S. of undermining the dollar through money printing and sanctions policy, President Vladimir Putin has admitted that cryptocurrency can be utilized for settlements in the future, although it’s too early to do that in oil trade. While noting that it lacks backing, the Russian leader assumed crypto could be used to store value … Read more

Bitcoin price rally sees crypto market overtake world’s most valuable company

Bitcoin price rally sees crypto market overtake world’s most valuable company

The cryptocurrency market is now worth more than the world’s most valuable company after bitcoin and several leading altcoins surged in price on Thursday.The global crypto market cap is now $2.37 trillion (£1.73tn), overtaking the $2.33tn market cap of Apple.Follow The Independent’s live coverage of the crypto marketThe market has been boosted by a resurgent … Read more

There’s a 54 bitcoin discrepancy at shuttered crypto exchange iCE3

A dispute with its platform provider Merkeleon seems to have marked the start of the problems for iCE3. Image: Chris Ratcliffe/Bloomberg

There’s a roughly 54 bitcoin (R45 million) discrepancy in the accounts of provisionally liquidated crypto exchange iCE3, which shut its doors in March this year after announcing it would no longer process requests for crypto withdrawals. Thousands of iCE3 clients have been left wondering what has happened to their crypto and whether they stand any … Read more

Venezuela’s Largest Airport to Let Travellers Buy Tickets Using Bitcoin, Other Crypto-Assets

Venezuela

After El Salvador recently adopted Bitcoin as legal tender, the South American country of Venezuela has announced that it is opening up its largest airport to allow travellers to purchase airline tickets using cryptocurrency very soon. Simón Bolivar International Airport, better known as the Maiquetía International Airport, will add Bitcoin, Dash, and Petro — Venezuela’s … Read more

Major Bitcoin And Crypto Exchange Coinbase Reveals Ethereum NFT Marketplace As Price Craze Continues

Major Bitcoin And Crypto Exchange Coinbase Reveals Ethereum NFT Marketplace As Price Craze Continues

Coinbase, one of the largest U.S. bitcoin and cryptocurrency exchanges and a major crypto on-ramp, has announced it’s launching a marketplace for non-fungible tokens (NFTs). Don’t miss: What (or who) is driving the crypto market in 2021 and beyond? Tune in to Forbes’ free Crypto Codex Live webcast on October 14 at 2:00pm EDT and get ahead of the market NFTs, … Read more