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Adoption of Crypto by South American Countries and Implications for Gambling

Source Node: https://themerkle.com/adoption-of-crypto-by-south-american-countries-and-implications-for-gambling/
Time Stamp: August 28, 2021 1:36 PM - Modified On: August 28, 2021 - Published By:
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South American nations are becoming more receptive to cryptocurrencies, with some attempting to legalize Bitcoin. The continent may be leapfrogging everyone else in cryptocurrency adoption as a result of its leaders’ acceptance.The continent may be leapfrogging everyone else in cryptocurrency adoption as a result of its leaders’ acceptance.El Salvador and Paraguay are grabbing attention in the world of BitcoinCryptocurrencies have gained widespread adoption in almost every country on Earth. No country, however, has elevated Bitcoin’s status to that of legal tender. El Salvador aims to be the very first country

Billionaire Bill Miller takes plunge into GBTC with 1.5 million shares

Source Node: https://www.theblockcrypto.com/linked/115887/billionaire-bill-miller-takes-plunge-into-gbtc-with-1-5-million-shares?utm_source=rss&utm_medium=rss
Time Stamp: August 27, 2021 5:07 PM - Modified On: August 27, 2021 - Published By:
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Research Layer-1 Platforms: A Framework for Comparison The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana. We assess their technical design, related ecosystem data, and qualitative factors such as key ecosystem members to get an understanding of how they differ. Having done this analysis, we draw some insights for what the future of the broader smart contract landscape could look like for years

Former IMF exec: ‘I am not going to say Bitcoin is going to implode tomorrow’

Source Node: https://ambcrypto.com/former-imf-exec-i-am-not-going-to-say-bitcoin-is-going-to-implode-tomorrow/
Time Stamp: August 27, 2021 1:30 PM - Modified On: August 27, 2021 - Published By:
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The Indian central bank has always been particularly wary of the cryptocurrency industry. According to former Reserve Bank of India Governor Raghuram Rajan, however, cryptos definitely have a “potential future.” Speaking at the Reuters Global Markets Forum, the economist opined that while cryptocurrencies have highly fluctuating values, they might be useful as means of payment in the coming time. As expected, the former bank exec lent more support to the idea of well-regulated stablecoins, with Rajan adding that these assets should have quick, appropriate regulations. It’s worth noting, however, that

Former SEC Chairman Says Crypto Fits Existing Legal Framework

Source Node: https://beincrypto.com/former-sec-chairman-crypto-fits-legal-framework/
Time Stamp: August 20, 2021 7:34 AM - Modified On: August 20, 2021 - Published By:
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According to a recent email exchange, ex-SEC Chairman Jay Clayton sees the existing U.S. regulations as a good model for crypto rules. Sponsored Sponsored Jay Clayton spent a few years as the chairman for the U.S. Securities and Exchange Commission, which Gary Gensler now heads. In light of the recent bipartisan bill passed by the Senate, crypto regulations are the industry’s hot topic.  If the wording in the bill is left as-is after its hearing in the House, this could mean a major disruption to the crypto space. When asked about

Bringing Together NFTs, Sustainability and Music With OneOf CEO Lin Dai

Source Node: https://beincrypto.com/bringing-together-nfts-sustainability-and-music-with-oneof-ceo-lin-dai/
Time Stamp: August 16, 2021 11:00 AM - Modified On: August 16, 2021 - Published By:
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BeinCrypto spoke to Lin Dai, CEO and co-founder of OneOf. The platform aims to transition music ownership and sharing into the future with its unique “green” non-fungible token (NFT) offerings. Sponsored Sponsored NFTs are no longer a fad or a hype. Rather, they have cemented themselves as a bona fide part of the future of blockchain products. While most NFTs revolve around art, music is not far behind. This industry is catching up and benefiting from this new tokenization strategy. Sponsored Sponsored However, since most NFT marketplaces are geared towards

Mark Cuban Gives Crypto-Friendly Warning as Bitcoin Climbs

Source Node: https://beincrypto.com/mark-cuban-gives-crypto-friendly-warning-as-bitcoin-climbs/
Time Stamp: August 11, 2021 12:23 PM - Modified On: August 11, 2021 - Published By:
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Billionaire investor Mark Cuban issued a warning to crypto investors, as bitcoin prices continue a steady climb. Sponsored Sponsored The crypto space is heated. Investors are on edge as Bitcoin continues to steadily climb towards $50,000. However, the price incline comes at a time when the entire crypto industry could be facing a new reality with the new bill from the Senate.  The original syntax of the bill grouped virtually all participants in the space into the same tax and reporting bracket. If the wording remained as it originally appeared, even

US dollar downturn aids Bitcoin bulls before $50K BTC price showdown

Source Node: https://cointelegraph.com/news/us-dollar-downturn-aids-bitcoin-bulls-before-50k-btc-price-showdown
Time Stamp: August 11, 2021 12:00 PM - Modified On: August 11, 2021 - Published By:
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Bitcoin (BTC) challenged $46,800 on Aug. 11 as a weakening U.S. dollar added to bullish momentum.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Aiming for $50,000"?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting highs of $46,787 on Bitstamp Wednesday, a hair short of the previous day's peak.Fresh from voting day on the U.S. infrastructure bill, something which ultimately failed to move the market, Bitcoin showed no signs of bearishness as it returned to the door of major resistance beginning at $47,000.USD performance post bill on the day provided another potential catalyst

Ted Cruz says crypto got ‘screwed’ after senate votes on infrastructure bill

Source Node: https://cryptoslate.com/ted-cruz-says-crypto-got-screwed-after-senate-votes-on-infrastructure-bill/
Time Stamp: August 10, 2021 1:00 PM - Modified On: August 10, 2021 - Published By:
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In an occurrence with effects yet to be fully determined, US democrats have objected to moves to make further amendments to the crypto tax provision in the infrastructure bill. Senator Cruz reflects on crypto bill provisionTed Cruz, the lawmaker representing Texas at the United States Senate, revealed this in a tweet on Monday. “Crypto got screwed tonight,”he wrote, noting that the disagreement over the issue of spending took a partisan dimension with Democrats voting against its change.🚨Crypto got screwed tonight.🚨There’s a partisan disagreement on spending, so Dems objected to ALL further amendments.That

Cardano Founder Charles Hoskinson Calls For Mass Rally Against U.S. Crypto Taxation Bill

Source Node: https://cryptopotato.com/cardano-founder-charles-hoskinson-calls-for-mass-rally-against-u-s-crypto-taxation-bill/
Time Stamp: August 10, 2021 11:35 AM - Modified On: August 10, 2021 - Published By:
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Charles Hoskinson, Cardano’s founder and CEO of blockchain research company Input Output Hong Kong (IOHK), has urged the U.S. crypto community to rally against the recently proposed taxation policy. Hoskinson first took it to Twitter earlier this week, calling on digital asset proponents in the U.S. to rally in Washington DC to vent their grievances against the bill. This would be a bid to convince the country’s senators to amend the Internal Revenue Services (IRS) reporting rules for cryptocurrencies. “I think it’s about time we get a rally going in

What Changed in Crypto Markets While You Were Sleeping — Aug 3

Source Node: https://beincrypto.com/what-changed-in-crypto-markets-while-you-were-sleeping-aug-3/
Time Stamp: August 3, 2021 4:43 AM - Modified On: August 3, 2021 - Published By:
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BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep.Sponsored Sponsored Bitcoin update On Aug 1, BTC reached a high of $41,599. This seemed to cause a breakout above the $40,550 resistance area, which had been in place since May 20.  However, the price has been decreasing since and has fallen all the way to $37,966. This rendered the previous breakout a deviation, with the $40,550 area now expected to act as resistance again.Sponsored Sponsored BTC has nearly reached

US Congressman Beyer Introduces Crypto Bill With ‘Basic Protections’ For Investors

Source Node: https://decrypt.co/77245/us-congressman-beyer-introduces-crypto-bill-with-basic-protections-for-investors
Time Stamp: July 30, 2021 10:37 AM - Modified On: July 30, 2021 - Published By:
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In brief A U.S. Congressman has introduced legislation surrounding the regulation of digital assets. The law would provide clarity on the roles of several regulatory authorities including the SEC and the CFTC. Representative Don Beyer (D-VA) introduced legislation to regulate digital assets earlier this week. The legislation, titled the “Digital Asset Market Structure and Investor Protection Act,” aims to protect consumers while simultaneously promoting financial innovation. “Unfortunately, the current digital asset market structure and regulatory framework is ambiguous and dangerous for investors and consumers. Digital asset holders have been subjected to