Cointelegraph Consulting: Rarible’s daily transactions see a rapid decline
The daily transaction volume on NFT auction site Rarible has dropped significantly since peaking in April 2021 and has not recovered since. Go to Source Powered by WPeMatico
Month: July 2021
Elon Musk Hints Tesla Owns About 42K Bitcoins
Tesla CEO Elon Musk has hinted how many bitcoins Tesla owns after revealing that the fair market value of its bitcoin holdings was $1.47 billion as of June 30. Tesla Holding About 42K Bitcoins Tesla’s technoking, Elon Musk, has commented on how many bitcoins his electric car company owns in response to a rough calculation … Read more
US–Japan digital trade deal should include crypto: American think tank
Analysts at the Rand Corporation say crypto as part of the bilateral digital trade could lay the groundwork for cryptocurrency adoption in international trade. Go to Source Powered by WPeMatico
Crypto Payment Option Makes Services More Affordable: Zimbabwe Music Studio Director
A Zimbabwean music production company, Mutscon Music, recently announced that its clients can now pay for services using cryptocurrencies like bitcoin and ethereum. According to the company, this decision has partly been necessitated by ongoing pandemic-related movement restrictions. Music Studio Accepts Crypto Mutscon Music has also chosen to accept cryptocurrencies because this form of payment … Read more
Israeli gov’t seeks to track crypto holdings above $61K
Framed as a “war against black capital,” Israel’s Ministry of Finance estimates the new legislation could bring in $9.2 million in additional state revenues through tax. Go to Source Powered by WPeMatico
Record 57K BTC leave exchanges in one day dropping Bitcoin reserves to pre-crash levels
57,000 BTC leaves exchanges in a single day as demand returns with Bitcoin at the upper end of its multi-month trading corridor. Go to Source Powered by WPeMatico
EY aims to simplify cross-border withholding tax process with blockchain
EY expects that its new blockchain-based withholding tax solution can lay a foundation for the European Commission’s withholding tax relief system. Go to Source Powered by WPeMatico
Bitcoin Strategy ProFund aims to tackle regulatory barriers for investors
Mutual funds provider ProFund aims to enable crypto exposure for investors without actually buying Bitcoin. Go to Source Powered by WPeMatico
Bitcoin Rewards Firm Lolli Raises $10M in Funding Led by Acrew Capital, Social Media Moguls
The bitcoin rewards platform Lolli has announced the company has closed a $10 million Series A funding round on Wednesday. Lolli says the new financing will help the firm expand, hire and develop new partnerships. Lolli Raises $10 Million The New York-based Lolli has raised $10 million from investors, according to the company’s announcement on … Read more
Bitrue Aims to Democratize Token Listing Rights by Opening Voting Power to Users
Digital asset exchange Bitrue is seeking to engage its user community directly by distributing decision-making power for adding new token projects after the listing team thoroughly vets them. Platform Advancing Further Voting Powers in Future Updates Blockchain’s innate ability to decentralize products and services has long been among its key value propositions, especially when providing … Read more
