Crypto News
What’s happening in the Crypto Market
July 13, 2022
President of Kazakhstan Kassym-Jomart Tokayev has signed into law a bill amending the country’s Tax Code to impose higher tax rates on crypto miners. The levy will depend on the amount and average price of electricity utilized in the extraction of digital currencies like bitcoin. Cryptocurrency Miners in Kazakhstan to Pay Higher Taxes President Tokayev
July 13, 2022
Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, has a message for investors considering cryptocurrency. “Never touch it,” he stressed, adding that everyone should follow his example and avoid crypto “as if it were an open sewer, full of malicious organisms.” Charlie Munger Reaffirms His Anti-Crypto Stance Charlie Munger, Warren Buffett’s right-hand man
July 13, 2022
Twitter Inc. has filed a lawsuit against Elon Musk to force the Tesla CEO to go through with the agreement to buy the social medial platform for $44 billion. Twitter alleges that Musk has breached the agreement repeatedly since he signed the deal with the company. Twitter v. Elon Musk: Lawsuit Battle Begins Twitter Inc
July 13, 2022
The non-fungible token and blockchain gaming company Animoca Brands has announced the firm has raised $75 million from investors such as Kingsway Capital, Liberty City Ventures, and others. The capital injection of $75 million brings Animoca’s overall pre-money valuation to $5.9 billion. Animoca Brands Secures $75 Million to Bolster Digital Property Rights The Hong Kong-based
July 13, 2022
Picpay, one of the most popular payments fintech companies in Brazil, has announced that it will start including cryptocurrency services in its app. The company explained that these services will include the possibility of purchasing crypto and processing payments with crypto directly. Picpay follows the actions of companies like Nubank and Mercado Libre, which have
July 13, 2022
Ethereum funds have been undergoing a modest recovery after witnessing 11 weeks of continuous outflows.
July 12, 2022
CKB booked a 35%+ gain after the release of its Godwoken L1 solution and the launch of a new NFT marketplace.
July 12, 2022
Data shows blockchain-based gaming protocols registered a steady uptick in daily active users and transactions despite the current bear market conditions.
July 12, 2022
Traders are not as fearful as they were in June, but several metrics show the market is still standing on paper-thin support levels.
July 12, 2022
A pause in dollar strength allows Bitcoin price action to stem losses, but the outlook is anything but positive, analysts warn.
What’s happening with Crypto Policy & Regulation
July 13, 2022
South Africa’s Reserve Bank will regulate cryptocurrencies as financial assets, and new laws are expected over the next 12 months.
July 13, 2022
The state financial regulator alleged that Celsius violated state security laws by offering high crypto interest rate accounts to customers and unethically using clients’ funds to invest in illiquid products.
July 13, 2022
The SEC has argued that the documents should be protected because Hinman wrote the speech as a “personal errand,” but the judge didn’t buy it.
July 13, 2022
The counsel for liquidators said he didn’t know the current location of Zhu or Davies, alleging the duo have not provided “meaningful cooperation” with the liquidators.
July 13, 2022
The regulator also said, in its view, that certain crypto interest account providers were providing unregistered securities, such as BlockFi and Voyager.
July 12, 2022
Access to CBDCs reduces banks’ need to insure against liquidity risks and gives policymakers greater information about trouble in the financial system, according to the study.
July 12, 2022
President Joe Biden’s executive order on crypto in March directed the Treasury Department to take the lead among other government agencies in developing policy recommendations.
July 12, 2022
J. Matthew DeLesDernier, assistant secretary for the SEC, said it had extended to allow for “sufficient time to consider the proposed rule change and the issues raised therein.”
What’s happening with the Top 10 Cryptocurrencies
July 11, 2022
Bitcoin and select altcoins are discounted and trading close to critical support levels, but will buyers step in?
July 10, 2022
Bitcoin tourists exit the market, Peter Schiff’s bank closes down and Voyager to restructure: Hodler’s Digest, July 3-9
July 08, 2022
Bitcoin and select major altcoins have risen from their recent lows, signaling an increase in volatility in the near term.
July 08, 2022
July 06, 2022
Bitcoin and select altcoins are making an attempt at flipping key resistance levels, but negative news-flow and selling from BTC miners could continue to weigh on market sentiment.