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Bitcoin (BTC)
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US Convenience Store Chain Sheetz to Accept Cryptocurrencies for Payments.
The American chain of convenience stores and coffee shops, Sheetz, announced on Thursday that the firm would be accepting digital currencies like bitcoin, ether, and dogecoin for payments. The major Mid-Atlantic chain’s executive payments manager says accepting crypto-asset acceptance bolsters Sheetz’s mission to provide customers with the “ultimate one-stop-shop. origin »
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Gone too far? Here's what Elon Musk's new 'strategy' means for Dogecoin.
Dogecoin is a meme-coin, a cryptocurrency not to be taken seriously owing to the fact that it came about as a joke. That is the sacrosanct truth. At least, that's what many in the crypto-community The post Gone too far? Here's what Elon Musk's new 'strategy' means for Dogecoin appeared first on AMBCrypto. origin »
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Ethereum’s Potential to Surpass Bitcoin in Market Cap Escalates: Bloomberg Strategist.
Bloomberg commodity strategist Mike McGlone has talked up Ethereum via social media, claiming that the digital asset is to Fintech what Bitcoin is to gold. By definition, Fintech refers to any platform on which technology is used to automate financial transactions and, as McGlone would have it, Ethereum is superior to Bitcoin in such regard. […] origin »
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Montana Set to Be the Next Green Energy-Powered Bitcoin Mining Hub.
As various sectors of the global economy keep making serious efforts to reduce their carbon footprints, Montana-based Madison River Equity LLC is putting preparations in top gear to install a 1,600-acre, 300-megawatt solar facility that could transform the city into a global bitcoin (BTC) mining hub, and provide thousands of job opportunities for residents, accordingRead More origin »
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China Global Television Network Talks Bitcoin Future: “We’re All Gonna Die”.
Bitcoin is dead, is going to die, and more are not unheard of comments. The cryptocurrency being bad for the environment, the economy, even being called rat poison isn’t anything new. But “we’re all gonna die” if the emerging technology succeeds is definitely a new one, and completely out of left field. The comment comes […] origin »
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Dubai Authorities Warn Against Fake Digital Currency Dubai Coin.
Dubai authorities issued a warning against a digital currency called Dubai Coin, stating that the token never received approval from any official authority. Dubai Does Not Have an Official Digital Currency In a tweet on Thursday (Amy 27, 2021), the Dubai Media Office said that an unlicensed website was promoting the scam token and usingRead More origin »
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Solana stablecoin platform Mercurial to get development boost from DeFi Alliance.
Mercurial Finance, a project building a stablecoin infrastructure for the Solana blockchain, announced it has formed a new strategic partnership with DeFi Alliance. The aim is to improve the Mercurial platform in order to grow the liquidity of stable assets in Solana’s ecosystem. origin »
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As Bitcoin Wallows In Red, ‘Rich Dad, Poor Dad’ Robert Kiyosaki Gives His Two Cents On The Bearish Market.
The co-author of the award-winning book – Rich Dad, Poor Dad, Robert Kiyosaki, has lent his valuable two cents on Bitcoin, urging investors to ‘buy the dip’. Bitcoin has continued to wallow in a sea of reds for the second week in a row, losing over 24% of its value as panic owners rush to […] origin »
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Ark Invest CEO Says Impossible to Shut Down Bitcoin — Regulators Will Become More Friendly Over Time.
The CEO of Ark Investment Management (Ark Invest), Cathie Wood, says regulators cannot shut down bitcoin. She added that they will become more friendly towards cryptocurrencies over time. Wood is not the only one who thinks that governments cannot shut down bitcoin. origin »
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Sotheby’s Solo Auction Will Feature $10 Million CryptoPunk NFT.
At a highly anticipated upcoming auction, one ultra-rare CryptoPunk will get some additional stage time at the luxury auction house, Sotheby’s. Sotheby’s Will Sell The CryptoPunk Sotheby’s stated today in a Tweet that the sale of CryptoPunk #7530, better known as “Covid Alien,” will take place during a “special, standalone” auction. The Punk was originally […] origin »
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Edward Snowden: $6 Trillion Stimulus? Good For Bitcoin.
The infamous whistleblower and privacy activist Edward Snowden commented on bitcoin on Friday, after the Biden administration said this week it was shooting for 6 trillion dollars in stimulus proposals. origin »
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Wisdomtree Files for an Ethereum ETF with the SEC.
Asset manager Wisdomtree has filed for an Ethereum exchange-traded fund (ETF), as the Securities and Exchange Commission continues to mull over its Bitcoin ETF application from earlier this year. The move comes amid Ethereum’s growing popularity. origin »
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NBA’s Spencer Dinwiddie: Celsius Partnership & Creator Crypto App.
NBA athlete Spencer Dinwiddie is one of the most outspoken blockchain advocates in the league. While the Brooklyn Nets guard has been dealing with an injury for a good portion of the basketball season, it’s not slowing his entrepreneurial efforts in crypto. origin »
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Whistleblower Edward Snowden Says $6 Trillion in Stimulus Is ‘Good for Bitcoin’.
The infamous whistleblower and privacy activist Edward Snowden commented on bitcoin on Friday, after the Biden administration said this week it was shooting for 6 trillion dollars in stimulus proposals. origin »
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Fleeing Lynchpin of Nigerian Crypto Ponzi Scheme Inksnation Captured.
The lynchpin of Inksnation, one of Nigeria’s biggest crypto Ponzi Schemes, Omotade-Sparks Amos Sewanu, has been captured. According to Nigeria’s Economic and Financial Crime Commission (EFCC), Sewanu, who was on the run, was nabbed in Sokoto, a city located in the northwest part of the country. origin »
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BSC Defi Protocol Burgerswap Loses $7.2 Million from a Flash Loan Attack.
Another Binance Smart Chain project has been hit with a flash loan attack according to a post mortem written by the Burgerswap team. The project’s official Twitter account said at around 3 a. m. origin »
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Bank of Japan's Governor is the latest to say this about Bitcoin.
A host of nations have been testing their own native CBDCs in full swing over the past few months now. However, to date, no country has officially adopted the same. Countries including the likes of ChThe post Bank of Japan's Governor is the latest to say this about Bitcoin appeared first on AMBCrypto. origin »
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Why The VeChain Foundation Met With China’s Government Officials.
Via its official Twitter handle, the VeChain Foundation confirmed a meeting with government officials from three important Chinese districts. Representatives from Shanghai, Changing, and Huangpu visited the organization’s office in Singapore. origin »
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Poloniex Shuts Down XRP Wallet for Maintenance Second Time This Week, Along with TRX and ETH.
Poloniex exchange has tweeted that it has again disabled XRP wallet, as well as TRX and ETH wallets, for maintenance origin »
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SEC Sues Five People Over BitConnect Lending Program.
A Securities and Exchange Commission (SEC) civil lawsuit has been filed against five individuals allegedly involved in promoting BitConnect’s “lending program”. BitConnect shut down it’s main lending platform operations in 2018 after regulatory warnings and allegations of fraud. origin »
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Bitcoin farm in Montana to use solar energy for mining.
Montana cryptocurrency miners are backing the Basin Creek Solar Project, a 300 megawatt solar array farm in Butte, to supply energy for an expanding data center, reported local news Montana Standard. origin »
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XRP Ledger powered exchange platform GateHub adds support for Litecoin (LTC).
GateHub, a platform for blockchain assets that operates on top of the distributed Ripple payment protocol, announced it has added support for Litecoin and will list LTC starting on June 2nd, 2021. origin »
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Fund Manager Wisdomtree Files With SEC to List Ethereum ETF on Cboe BZX.
The financial asset manager, Wisdomtree, is now the second institution to file for an ethereum-based exchange-traded fund (ETF), following Vaneck’s recent filing on May 7. The recently filed S-1 with the U. origin »
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Smart contracts incoming: Cardano’s Alonzo testnet is now live.
Input Output Global (IOG) has announced the successful rollout of the first Cardano Alonzo testnet, marking a crucial step in the journey to smart contracts. The post Smart contracts incoming: Cardano’s Alonzo testnet is now live appeared first on CryptoSlate. origin »
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Spain’s Largest Asset Managers Still Reluctant to Invest in Cryptocurrencies.
The biggest Spanish asset managers are still not convinced of cryptocurrencies as an asset class, and therefore have no plans to invest in the space yet. The declarations of several spokespeople linked to these companies state that, while there is a significant opportunity in the nascent cryptocurrency sector, it is still too young and volatile […] origin »
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Polkadot, MATIC, Solana Price Analysis: 29 May.
Polkadot was trading within a rising wedge and stared at the barrel of an 11% retracement on the charts. MATIC slipped below its EMA Ribbons as a pullback phase was in order. Finally, Solana could seeThe post Polkadot, MATIC, Solana Price Analysis: 29 May appeared first on AMBCrypto. origin »
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Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their Gains.
Australia’s revenue service has reminded a growing number of crypto investors about their tax obligations. Rejecting the common misconception that crypto gains are only taxable when coins are cashed back into dollars, the tax office is going to prompt hundreds of thousands of taxpayers to report profits and losses from their cryptocurrency transactions. Tax Office […] origin »
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Cardano Price Analysis: 28 May.
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Cardano has been in the news lately thanks to the steps it's takThe post Cardano Price Analysis: 28 May appeared first on AMBCrypto. origin »
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Crypto to Crypto Transactions are Taxable in Australia – Strict Reminder from ATO.
The taxation of cryptocurrencies is a contentious issue at the moment. Regulators worldwide have taken a serious interest, particularly because certain investors are generating enormous profits from the crypto market, some of which are not recorded on tax returns. origin »
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Cardano's Charles Hoskinson: Ethereum 2.0 will kill....
The crypto-space has been getting refined and developed of late. With people from the community understanding the importance of ‘innovation’ in the ecosystem, individual projects have ushered in aThe post Cardano's Charles Hoskinson: Ethereum 2.0 will kill... appeared first on AMBCrypto. origin »
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How Do You Borrow Money if Your Credit is Bad?.
If you’re in a situation where your credit has gone to the dogs, it can be really difficult to figure out how to get out of it. In some cases, you may find that it is really hard to get any sort of money, whether a loan or a credit card, because of your bad […] The post How Do You Borrow Money if Your Credit is Bad? appeared first on ItsBlockchain. origin »
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Police drone finds illegal Bitcoin mine while searching for weed farm.
In a bizarre case, UK police busted an illegal Bitcoin mining operation while trying to weed out cannabis operations, local daily Birmingham Live reported today. The post Police drone finds illegal Bitcoin mine while searching for weed farm appeared first on CryptoSlate. origin »
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Chainlink, Synthetix, Uniswap Price Analysis: 29 May.
With Bitcoin struggling to reclaim $38,000 at the time of writing, the global cryptocurrency market was left in a precarious position. The likes of Chainlink, Synthetix, and Uniswap moved sideways andThe post Chainlink, Synthetix, Uniswap Price Analysis: 29 May appeared first on AMBCrypto. origin »
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Fed Inflation Metric Soars To Three Decade High, What It Means For Bitcoin.
The U. S. Personal Consumption Expenditure (PCE) core price index has soared to its highest level since 1992, stoking inflation fears. Some say Bitcoin, with its fixed supply of 21 million tokens, will resist inflation. origin »
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Ethereum flipping Bitcoin - Here's the full picture.
Ethereum has considerably reduced the gap to Bitcoin. While comparing their market caps would not bequeath such sentiment (BTC's $680 billion to ETH's $292 billion), in terms of exposure, fundamental The post Ethereum flipping Bitcoin - Here's the full picture appeared first on AMBCrypto. origin »
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SEC Charges Promoters of $2 Billion Cryptocurrency Scam with Violating Securities Laws.
The SEC is bringing an enforcement action against the promoters of the infamous BitConnect Ponzi scheme origin »
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This metric could lead the way for Chainlink, Binance Coin, CAKE.
While several altcoins were making a comeback, many of them corrected somewhat after they rallied over the past 24 hours. The same was underlined by other metrics, including HODLer composition, profitThe post This metric could lead the way for Chainlink, Binance Coin, CAKE appeared first on AMBCrypto. origin »
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Why You’re Either Bullish Or Wrong About Ethereum.
Ethereum, like its counterpart, has suffered a serious blow in the bear market trend. But the ETH bull run is far from over. A lot of Ethereum’s success is dependent on the network’s explosive growth. origin »
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China’s Online Marketplace Records Surge In Mining Machines Listing Following Ban.
Chinese online second-hand market sees a surge in second-hand mining machines from Inner Mongolia and Sichuan. Marketplace Sees Surge In Bitcoin Mining Machines China’s largest online second-hand market place Xianyu has registered a surge in Bitcoin mining machines listing over the past few days especially from Inner Mongolia and Sichuan regions, the two most prolific […] origin »
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Q1 SEC Filing Shows Argentinian Tech Giant Globant Invested in Bitcoin.
Globant, one of the big four tech firms in Argentina, has quietly made its first foray into the world of cryptocurrency investing, according to its latest filing to the SEC. The firm bought bitcoin during the first three months of this year, and is now part of a select number of LATAM unicorns that have […] origin »
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Ripple Plans to Go Public After SEC Lawsuit Over XRP Is Resolved, CEO Says.
Ripple could go public after the SEC lawsuit is resolved, according to CEO Brad Garlinghouse. He reportedly explained that the likelihood of this happening is “very high at some point.” Ripple CEO Brad Garlinghouse was asked at the Consensus 2021 conference on Wednesday whether Ripple will become a public company. He replied that the likelihood […] origin »
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Spiral Out — Using the Golden Ratio and Fibonacci sequence to Predict Bitcoin Price Cycles.
The leading crypto asset bitcoin has seen its value drop more than 53% from its all-time high above the $64k handle, sliding to a low of $30k on May 19. While bitcoin is still down 25% during the last 30 days, it’s hard to forecast where bitcoin’s value is going from here. Although a number […] origin »
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Bitcoin Dives Below $35,000, Printing Four Consecutive Red Candles.
Digital gold has plunged below the $35,000 level as the volatile weekend takes off origin »
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Grayscale Loses Whopping $2.1 Billion In Bitcoin and Other Crypto in 24 Hours.
Major cryptocurrency fund Grayscale has parted with $2.1 billion worth of crypto assets in merely one day and outflows have been going for a while already origin »
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South Korea to Impose 20% Income Tax on Crypto Transactions.
Beginning in the 2022 tax year, stock and bond investors will be taxed on capital gains that are over 50 million won, or $45,000. The post South Korea to Impose 20% Income Tax on Crypto Transactions appeared first on BeInCrypto. origin »
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XRP, Polkadot, Dogecoin Price Analysis: 28 May.
XRP was in danger of falling back towards $0.65 after conceding the 23.6% Fibonacci level ($0.899) to the bears. Polkadot could present buying opportunities at $14.9, and even at the discounted price The post XRP, Polkadot, Dogecoin Price Analysis: 28 May appeared first on AMBCrypto. origin »
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Police Raid Cannabis Farm, Find Secret Bitcoin Mine Instead.
We’ll make a valid point about Bitcoin mining using this story, we promise. This one would be hilarious if there wasn’t a crime involved. So, don’t laugh. We’re serious. In the United Kingdom, the West Midlands Police received a tip about a warehouse. origin »
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Bitcoin Funding Rate Is In Red As Community Expects Volatile Weekend.
Recent analytics data shows that the funding rate on Bitcoin futures has begun going red origin »
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‘First’ Carbon-Neutral Bitcoin Asset on Celo Blockchain Launched.
Wrapped announced the launch of eBTC, which is being dubbed as the first carbon-neutral, or “green,” bitcoin-backed asset. The post ‘First’ Carbon-Neutral Bitcoin Asset on Celo Blockchain Launched appeared first on BeInCrypto. origin »
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Does Bitcoin Really Not Need Elon Musk In Its Corner?.
Bitcoin and SpaceX CEO, Elon Musk, have been in a game of chess so far this year. Musk has endorsed the digital coin, campaigned against it, and recently announced that Tesla would stop accepting BTC as a payment method. origin »
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