Former professional boxer known as “Kid Dynamite” and “Iron Mike”, tweeted on Saturday about bitcoin and ethereum and asked his followers to choose their favorite crypto asset. Tyson is very familiar with bitcoin. On July 25, 2015, Tyson tweeted about an automated teller machine (ATM), that had his image. A website called miketysonbitcoin.com was also shared by Tyson. It […]
El Salvador Needs To Understand The Bitcoin Network
The mainstream media and Bitcoiners have been very interested in recent news about El Salvador. What will ordinary Salvadorans do with bitcoin? This is the most important question. Is it possible to secure bitcoin in less privileged communities? Lightning Onboarding It is clear that most people are not tech-savvy and don’t have the time or patience to […]
Are Bitcoin Prices Getting Ready To Break Free Of Their Current Malaise?
Bitcoin prices have traded in a fairly well-defined range recently, but could a multimonth low in the technical indicator’s value signal a breakout? According to coinDesk, the world’s most popular cryptocurrency has been trading between $30,000- $42,000 since May. Omkar Godbole , CoinDesk’s reporter, wrote earlier today about digital assets’ market conditions, emphasizing a specific technical indicator. He […]
Venezuela to Slash Six Zeros From Its Currency to Facilitate Payments
Venezuela’s government is currently studying a mathematical redenomination for its currency, the sovereign bolivar. This will make it easier to pay large companies. The redenomination would reduce six zeros to make it easier for companies to calculate high amounts of payments. Although there is no official announcement, Bloomberg reported that three people who are familiar with the subject commented. […]
Recent IRS Memorandum Reaffirms Bitcoin, Ether & Litecoin Exchanges Are Not Like-Kind
Tax legislation before January 1, 2018 let you defer capital gains taxes if you trade one house with another similar land (also referred to as a Like-Kind trade ). Determined by this tax legislation and also the murky crypto tax advice that originated before 2018, a few cryptocurrency holders employed like-kind exchange remedy to crypto-to-crypto […]
Bitcoin, NFTs the Top Assets for Millennial Millionaires: Survey
Nearly half of those millennial millionaires have one-fourth of the prosperity from cryptocurrencies, a new poll reveals. It comes in a time when virtual monies have noticed a boom like never before, generating wealth for its young and the ones who trusted that the likes of Bitcoin, Ethereum along with many others and embraced them […]
Bitcoin’s price slips as Weibo suspends crypto influencer accounts
Over two heaps of crypto influencers on Weibo unexpectedly found their account suspended from the Chinese social networking firm in what seemed to be targeted censorship attempt. About 10:00 UTC period Saturday, Chinese consumers Weibo began to share as much as 25 reports of influencers and media outlets who’d been busy from the crypto area […]
Former bitcoin skeptic Carl Icahn says he may pour more than $1 billion into cryptocurrencies – but predicts many digital assets won’t survive
Billionaire investor Carl Icahn advised Bloomberg on Wednesday he had been seeking to become involved with the cryptocurrency area, and might spend more than $1 billion to electronic assets. ‘I mean a large way for us could be a billion bucks, a billion-and-a-half bucks,’ he explained in an interview. ‘I am not going to state […]
Crypto miners halt China business after Beijing cracks down, bitcoin dives
A State Council committee headed by Vice Premier Liu He declared the crackdown late on Friday – the first time that the council has targeted virtual money mining, a significant firm in China that accounts for up to 70 percent of the planet’s crypto supply. Read Crypto miners use increasingly strong, specially-designed computer gear, or […]
Bitcoin critic Peter Schiff trashed the cryptocurrency, blasted the US government, and warned of a dollar crash in a new interview. Here are the 8 best quot
Euro Pacific Capital’s chief economist and international strategist also called a crash in america dollar, also blamed the authorities for decreasing asset prices, also called for significantly less national intervention in markets and the market. 1. ‘Bitcoin isn’t a money, but it is not utilized as a medium of trade actually, or even a unit […]