Musk on Proposed Crypto Tax Provision -‘Not the Time to Pick Winners or Losers in Crypto Technology’.

Tesla CEO Elon Musk has weighed in on the discussion surrounding a proposed crypto tax provision. The provision, part of the infrastructure bill, will go to a vote on August 7. Meanwhile, United States senators Patrick Toomey, Ron Wyden, and Cynthia Lummis have suggested an amendment to that provision, working in favor of Proof of Work miners. origin »

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Funding for Crypto Gaming Companies Nears $500M in 1H of 2021.

A new report states that blockchain gaming companies have received nearly $500 million in funding since the beginning of 2021. The post Funding for Crypto Gaming Companies Nears $500M in 1H of 2021 appeared first on BeInCrypto. origin »

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Price analysis 8/6: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LINK.

Bitcoin and most major altcoins are near critical overhead resistance levels, suggesting that the downtrend is very close to ending. origin »

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Treasury Secretary reportedly against amending crypto language in infrastructure bill.

Janet Yellen's position on a "compromise" amendment proposed yesterday is unclear, but she reportedly raised objections to the language on crypto put forth by Senators Wyden, Lummis and Toomey. origin »

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Bitcoin price blasts through $43K, hitting its highest price since May.

Bitcoin’s breakout above $43,000 puts the price at a multi-month high and possibly reignites the bull market that traders have been anxiously awaiting. origin »

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New bill in Ukraine to allow payments in cryptocurrency, says official.

The deputy minister of Ukraine’s Ministry of Digital Transformation believes that crypto payments will be allowed in Ukraine similarly to payments deriving from the U.S. dollar. origin »

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CipherTrace introduces improved Monero tracing for financial institutions and state agencies.

CipherTrace, a global leader in cryptocurrency compliance, has introduced improved Monero (XMR/USD) tracing visualization tools for financial institutions and qualified state agencies, PR News Wire reported, cited by Yahoo News. origin »

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Stratis InterFlux first to incorporate Oracles feature, used to query ETH gas price in real time.

Blockchain platform and development ecosystem Stratis announced that Stratis InterFlux, its interoperability solution, has become the first product to adopt Stratis’ Oracles feature under the Stratis Blockchain Technologies framework. origin »

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Bitcoin could be on the verge of a big breakout at $42K, hodler activity suggests.

$42,000 is becoming an increasingly important battleground for Bitcoin bulls and bears.

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Ready to deploy? Amazon’s Bitcoin acceptance can prime a payments future.

Amazon denied reports it will accept BTC payments soon, but seemingly, it’s only a matter of time before the tech giants embrace the token economy. origin »

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Fed Governor: USD Pegged Stablecoins “Broaden The Reach Of US Monetary Policy Rather Than Diminish It”.

While stablecoins could serve as an attractive payment instrument that could become a major challenger to banks for processing payments, Christopher J. Waller believes, “there are many legal, regulatory, and policy issues that need to be resolved before they can safely proliferate. origin »

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Cambodia explores cross-border transactions of CBDC-like Bakong.

Launched in late 2020, Cambodia’s digital money project Bakong reached 200,000 users in June, doubling from three months earlier. origin »

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Bitcoin fractal that predicted 2020 rally flashes again as BTC price reclaims $40K.

The MACD indicator hints at a potential bullish crossover as Bitcoin’s price retests $40,000 as support.

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BofA views El Salvador’s BTC adoption from a positive perspective.

Here is a recap of the top cryptocurrency news you might not have caught… The post BofA views El Salvador’s BTC adoption from a positive perspective appeared first on Coin Journal. origin »

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ZEON Network is up by over 1,000% today: where to buy ZEON.

ZEON will help users get access to cash without selling their crypto ZEON Network… The post ZEON Network is up by over 1,000% today: where to buy ZEON appeared first on Coin Journal. origin »

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Binance to restrict derivatives trading for Hong Kong users.

Binance is yet to announce an official date for imposing restrictions on derivatives products for Hong Kong users.

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Digital asset platform Zipmex partners with Visa in Asia-Pacific.

Visa is continuing to extend its integration with regulated crypto companies worldwide.

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Monero Price Prediction: Bullish Breakout to $300 Likely.

The Monero (XMR/USD) price continued its bullish momentum on Friday. The coin jumped to a high of $260, which was the highest level since June 20. It has risen by more than 43% from its lowest level in July, bringing its total market capitalisation to more than $4. origin »

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Chainlink wants to secure ‘billions of dollars’ by solving this crucial cross-chain issue.

Developers behind decentralized oracle network Chainlink introduced the new Cross-Chain Interoperability Protocol (CCIP) in a post yesterday, one that targets multichain data communication and transfer of messages. origin »

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Venezuela is launching a digital currency in October.

The South American country is set to launch its CBDC in the coming months…

The post Venezuela is launching a digital currency in October appeared first on Coin Journal.

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Bitcoin mining ban in China a ‘game changer’ for electric vehicle adoption.

Guizhou province is the first in China to announce an ambitious electric vehicle campaign, taking advantage of the power capacity freed up by Beijing’s Bitcoin mining ban. origin »

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Bitcoin is the future, YouTube star KSI says.

British YouTuber KSI blames “over leveraging” for his previous loss of $9.74 million (7 million British pounds) in crypto investments. origin »

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‘Bitcoin fixes this’ — US Infrastructure Bill would add $250B to debt mountain.

The hotly debated legislation is no surprise to hard money supporters, as Cameron Winklevoss says that it would “plunder” future generations. origin »

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Xiaomi denies involvement in shop accepting Bitcoin in Portugal.

A Portuguese shop selling products of Chinese electronics giant Xiaomi previously announced that it partnered with Utrust to unlock payments in five cryptocurrencies. origin »

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2022 trial date set for Tether’s accused ‘shadow banker,’ Reggie Fowler.

Former NFL team owner and alleged “shadow bank” operator Reggie Fowler is not engaged in any plea negotiations and the trial against him is set to begin early next year. origin »

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Boomer brand changes NYSE ticker from ‘ETH,’ acknowledging crypto’s ascendancy.

New York Stock Exchange-listed company Ethan Allen Interiors Inc. has changed its ticker from “ETH” to “ETD” to avoid confusion with Ether. origin »

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Circle-Unstoppable domains push for better UX in crypto.

Unstoppable Domains and global blockchain financial technology provider Circle will introduce a simple, easily readable username system for stablecoin payments. origin »

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Band Protocol Price Analysis - 6th August 2021.

Band Protocol Price Analysis - 6th August 2021 origin »

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Solana Price Analysis - 6th August 2021.

Solana Price Analysis - 6th August 2021 origin »

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Remitano launches RENEC as its own native token.

Global peer-to-peer crypto exchange Remitano is currently developing its native token - RENEC - which will be airdropped for free to Remitano users through a unique Mining Program on the Remitano mobile app. origin »

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Dave the Wave - Bitcoin & the Logarithmic Growth Curve.

Dave the Wave is a pseudonymous investor, trader, and technical analyst. A contrarian, Dave is respected on Crypto Twitter for his objective, rational approach to technical analysis. Dave’s thesis is that Bitcoin is following his Logarithmic Growth Curve model. origin »

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DeFi Token Weekly Round-Up - 5th August 2021.

DeFi Token Weekly Round-Up - 5th August 2021. Pro-trader Josh Olszewicz breaks down his chart perspective view on the DeFi realm. Watch and find out what the charts say this week for LINK, COMP, UNI - and many more origin »

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Ripple Price Analysis - 5th August 2021.

Ripple Price Analysis - 5th August 2021. origin »

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Dash Price Analysis - August 4th 2021.

Dash Price Analysis - August 4th 2021 origin »

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Binance Coin Price Analysis - 4th August 2021.

Binance Coin Price Analysis - 4th August 2021 origin »

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Decred Price Analysis - 4th August 2021.

Decred Price Analysis - 4th August 2021 origin »

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Curve Price Analysis - 4th August 2021.

Curve Price Analysis - 4th August 2021 origin »

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Synthetic assets: No rewards without risk.

Synthetic assets are a new class of assets that mimic the value of existing assets without any physical tie to that asset. There are a growing number of synthetic assets in the crypto space. This article looks at the benefits and risks involved in trading and using synthetic assets. origin »

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