March 2021 | Page 20 of 137 | Last Cryptocurrency News Feed

Don’t Transact With Bitcoin Until Changes are Made to Tax Code: Ark Investment Founder

Cathie Wood, the founder of Ark Investment Management, this week advised against Bitcoin investors using their holdings to transact. According to the current US tax code, investors must pay capital gains taxes not only when they convert their cryptocurrency to fiat but also when they use cryptocurrencies to pay for goods or services. While it…

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Liquidity mining is booming — Will it last, or will it bust?

By the end of 2018, many crypto skeptics had their “I told you so” moment, as many initial coin offerings, or ICOs, failed to deliver on their promises. Between 2017 and 2018, 3,250 projects were launched via ICO and $21.4 billion was collected from investors. But by early 2018, a study revealed that nearly half…

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Bitcoin Reclaims $55K: 10% Recovery In 48 Hours (Weekend Watch)

After several days of price slumps, bitcoin has bounced off and neared the $55,000 level. Despite this increase, though, its market dominance has suffered as most altcoins have added more value in a day. Ethereum has jumped to $1,700, BNB is above $250 again, and Cardano has increased to $1.20. BTC Recovers to $55K The…

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Self-Described ‘High Quality Meme Generator’ Sells NFT for $500K

Notorious digital artist Pplpleaser shared a picture of herself crying… but out of joy. All thanks to the booming interest in NFTs. The artist, who has a reputation not only in the DeFi scene but also in the wider, more “mainstream” art industry, put an NFT up for sale on the auction platform Foundation.app. And…

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eToro going public: CEO Yoni Assia reveals key details behind the move

Over the course of 2020, eToro sized up significantly, as Assia explained: “We’ve grown more than 147% year-over-year revenues,” he noted. This year rolled in with mainstream and crypto bull markets in full swing, in tandem with “the biggest discussion we’ve seen in human history around the intersection of social media and investment platforms” —…

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The Macro Case For Investing In Bitcoin

Key drivers like price, current macro trends and risks indicate that bitcoin is a great investment and possibly the best one available now.Note: This article does not constitute financial advice. Like many, when I first heard of bitcoin, my reaction was “Why would anyone invest real cash in magic internet money?” It was worth zero…

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Stock-to-flow creator doesn’t think Bitcoin’s bull market is done

Is Bitcoin's macro upward journey over? PlanB says no. 1965 Total views 9 Total shares Bitcoin’s price seems to have stalled below $60,000 after attaining new all-time highs earlier in March. PlanB, a crypto analyst active on Twitter, thinks Bitcoin (BTC) may still have a lot of room to gallup however. “IMO we are only ~4…

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FOMO or fundamentals? Here’s why Orion Protocol (ORN) rallied by 730%

As the decentralized finance (DeFi) industry grows, new exchanges and liquidity pools constantly emerge. For the average investor, keeping track of all of them and finding the best yield opportunities has become increasingly complicated.The situation becomes even worse as centralized exchanges also offer staking opportunities. Therefore, the need for a liquidity aggregator that connects to…

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New Zealand Retirement Fund Invests In Bitcoin

The KiwiSaver Growth Strategy fund, part of New Zealand’s retirement savings program, has allocated 5 percent of its money to bitcoin.The KiwiSaver Growth Strategy fund, which is part of New Zealand’s national KiwiSaver program, has reportedly invested 5 percent of its funds into bitcoin.The program is meant to be used as a retirement savings vehicle…

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Crypto media runs with the bulls as new entrants compete against established brands

New opportunities arise during each Bitcoin bull run. The current ebullience has been driven by an influx of institutional investors, along with major payment providers like PayPal and Mastercard. But why are they here to begin with? Much of the recent enthusiasm can be attributed to the vast and vociferous audience that's been developed by a…