Cryptonews

Cryptonews


Spanish Crypto Investors ‘Fleeing to Portugal to Escape Taxes,’ Say Lawyers

Posted: 14 Apr 2022 01:00 PM PDT

 
Increasing levels of scrutiny from the Spanish taxman are forcing Spaniards to flock to Portugal – or at least declare their legal residence of their Iberian neighbor nation. And it is a phenomenon that could one day turn Spain into what legal experts have called a "crypto desert."...
Read More: Spanish Crypto Investors 'Fleeing to Portugal to Escape Taxes,' Say Lawyers

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Stock & Crypto Traders Are Changing - It’s Time to Empower Them

Posted: 14 Apr 2022 10:00 AM PDT

 
Joe Jowett is the CEO of StrikeX, a blockchain technology company._____
2021 was the year of the retail trader. From high-flying meme stocks and cryptocurrencies to well-performing tech stocks, millions of new traders showed their power in a market revolutionized by online trading. ...
Read More: Stock & Crypto Traders Are Changing - It's Time to Empower Them

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Amazon CEO on Crypto and NFTs, EPNS to Expand Beyond Ethereum + More News

Posted: 14 Apr 2022 08:23 AM PDT

 
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.
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Read More: Amazon CEO on Crypto and NFTs, EPNS to Expand Beyond Ethereum + More News

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Bitcoin Fluctuates as European Central Bank Offers Cautious Tone on Monetary Policy Tightening

Posted: 14 Apr 2022 07:57 AM PDT

 
The European Central Bank (ECB) said it will stick to its plan to end its stimulus program and tighten monetary policy, but kept options open in light of uncertainty over the economic impact of the war in Ukraine. Bitcoin (BTC) reacted by moving slightly higher on the news before correcting lower.
"We will maintain optionality, gradualism and flexibility in the conduct of our monetary policy," ECB President Christine Lagarde said during a press conference on Thursday....
Read More: Bitcoin Fluctuates as European Central Bank Offers Cautious Tone on Monetary Policy Tightening

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Bitcoin, Ethereum Fees Move in Opposite Directions as ETH Becomes Inflationary Again

Posted: 14 Apr 2022 07:28 AM PDT

 
Bitcoin (BTC) transaction fees are on the rise for the first time since October as activity on the network has started to pick up. Meanwhile, fees on the Ethereum (ETH) network are moving in the opposite direction, decreasing the burning of ETH tokens as a result, according crypto analytics provider CryptoCompare....
Read More: Bitcoin, Ethereum Fees Move in Opposite Directions as ETH Becomes Inflationary Again

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Newly (Re)released Game Allows Players to Simulate Bitcoin Mining and Earn BTC

Posted: 14 Apr 2022 06:37 AM PDT

 
The innovative crypto space keeps producing novel ways to merge with different industries and engage more people with cryptoassets, this time crossing the boundaries between gaming, crypto, mining, and earning. 
Gaming fintech ZEBEDEE and UK mobile gaming studio Fumb Games have joined forces to release Bitcoin Miner, a game that provides players with real bitcoin (BTC) for running a simulated crypto mining operation. ...
Read More: Newly (Re)released Game Allows Players to Simulate Bitcoin Mining and Earn BTC

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After Mozilla Abandoned PoW Cryptos Citing Energy Concerns, Wikipedia May Follow

Posted: 14 Apr 2022 05:30 AM PDT

 
Energy consumption of Proof-of-Work (PoW) cryptoassets has once again become a hot topic as companies start ditching cryptos that use this energy-intensive mechanism for validating transactions and creating new tokens.
Last week, Mozilla, the company behind the Firefox browser, shared an update regarding its crypto donation policy following its "discussion about cryptocurrency's environmental impact" with the community....
Read More: After Mozilla Abandoned PoW Cryptos Citing Energy Concerns, Wikipedia May Follow

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Bitcoin and Ethereum Face Key Breakout Zone, DOGE Jumps on Musk News

Posted: 14 Apr 2022 04:49 AM PDT

 
Bitcoin price gained pace after it cleared the USD 40,500 resistance zone. BTC even surpassed the USD 41,200 resistance before correcting lower. It is currently (11:10 UTC) trading near USD 41,000 and is up 3% in a day.
Similarly, most major altcoins are facing important hurdles. ETH climbed above the USD 3,100 level but faced hurdles near USD 3,150. XRP may perhaps face a strong selling interest near USD 0.75. ADA is still trading below the key USD 1.0 resistance zone....
Read More: Bitcoin and Ethereum Face Key Breakout Zone, DOGE Jumps on Musk News

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Crypto Market Rises Amid ‘Altseason’ Hopes, Some Bitcoin Whales Selling

Posted: 14 Apr 2022 04:10 AM PDT

 
Following heavy selling earlier in the week, the crypto market moved higher on Thursday on boosted sentiment in stocks. However, some on-chain metrics could be a cause of concern for bitcoin (BTC) investors.
At 10:05 UTC, BTC stood at USD 41,215, up almost 3% for the past 24 hours and down almost 5% for the week, after strong selling action on both Sunday and Monday. At the same time, ethereum (ETH) traded at USD 3,104, up almost 2% for the day and down 2% for the week....
Read More: Crypto Market Rises Amid 'Altseason' Hopes, Some Bitcoin Whales Selling

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Elon Musk Offers to Buy 100% of Twitter, Calls it ‘Best and Final Offer’

Posted: 14 Apr 2022 03:49 AM PDT

 
Tesla CEO Elon Musk has reportedly offered to buy 100% of Twitter at a price of USD 54.20 per share, after taking a stake of 9.2% earlier this month. 
Musk's offer would value Twitter at close to USD 43.4bn, up from a current market capitalization of USD 36.7bn. It would also mean that the company would no longer be a publicly listed company, and instead become one of America's most valuable privately-owned companies....
Read More: Elon Musk Offers to Buy 100% of Twitter, Calls it 'Best and Final Offer'

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AVAX Price Rides Wave as Avalanche Developer Reportedly Seeks USD 350M in Funding

Posted: 14 Apr 2022 02:20 AM PDT

 
With Ava Labs, the lead developer of the Avalanche blockchain, said to pursue new funding round, possibly becoming one of the most highly valued crypto-focused startups, the price of its native coin AVAX is accelerating upwards.
With the aim to support its further expansion, the company is seeking some USD 350m in funding at a valuation of about USD 5.25bn, a person close to the effort told Bloomberg....
Read More: AVAX Price Rides Wave as Avalanche Developer Reportedly Seeks USD 350M in Funding

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First-Ever Jack Dorsey Tweet NFT Reauctioned, Receives Massively Lower Bid Than Expected as Hype Fades

Posted: 14 Apr 2022 01:25 AM PDT

 
Twitter founder Jack Dorsey's first-ever tweet, which sold for USD 2.9m worth of ethereum (ETH) back in March 2021, was put up for auction again and was apparently expected to fetch at least USD 50m, but has so far received the highest bid of just over USD 6,200....
Read More: First-Ever Jack Dorsey Tweet NFT Reauctioned, Receives Massively Lower Bid Than Expected as Hype Fades

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Bitcoin and Ethereum Inch Higher, LUNA and AVAX Outperform

Posted: 13 Apr 2022 08:56 PM PDT

 
Bitcoin price formed a base above the USD 39,500 zone. As a result, BTC started a steady upward move above the USD 40,500 resistance. It is currently (03:39 UTC) showing positive signs above USD 41,300 and might eye a move above the USD 42,000 resistance zone. BTC is up 3% in a day, trimming its weekly losses to 4%....
Read More: Bitcoin and Ethereum Inch Higher, LUNA and AVAX Outperform

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Russia: Only Industrial Players May Be Allowed to Mine Bitcoin & Crypto

Posted: 13 Apr 2022 04:00 PM PDT

 
The chief architect of Russia's crypto legislation has suggested that only industrial miners could be allowed to continue operating after the country unveils its long-awaited legislation for the Bitcoin (BTC) & crypto sector in this aggressor state....
Read More: Russia: Only Industrial Players May Be Allowed to Mine Bitcoin & Crypto

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Stablecoins See Growth With Crypto Market Stuck in ‘Bearish Lull’

Posted: 13 Apr 2022 12:00 PM PDT

 
A "bearish lull" in the crypto market fuelled growth in stablecoins, with the market capitalization of the top five stablecoins growing by 13% in the first quarter, according to a new report from the coin tracking site CoinGecko.
The growth in the market capitalization of stablecoins is notable given that it happened during a period of falling trading volumes and prices in the crypto market in general....
Read More: Stablecoins See Growth With Crypto Market Stuck in 'Bearish Lull'

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Tether's Reserves, MoonPay Scores 60 Celebrities, Meta's Cut + More News

Posted: 13 Apr 2022 09:07 AM PDT

 
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.
__________...
Read More: Tether's Reserves, MoonPay Scores 60 Celebrities, Meta's Cut + More News

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