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Cryptocurrency News

Location American Cryptocurrency News for 5 August 2022
Skybridge Estimates Bitcoin's Fair Market Value at $40K and Ethereum's at $2,800 Skybridge Capital’s founder says bitcoin’s fair market value is about $40,000 based on adoption, wallet size, use cases, and growth of wallets. The asset management firm also estimated ethereum’s fair market value ...
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Meta Reportedly Issuing $10 Billion in Bonds to Invest in Its Metaverse Products and Other Initiatives Meta, the social media company, is planning to issue its first set of bonds to finance new investments and operations, according to reports. The company will be selling $10 billion in debt, to maintain a healthy cash flo...
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Bitcoin, Ethereum Technical Analysis: ETH Rebounds on Friday, Climbing Above $1,700 Ethereum rose above $1,700, while bitcoin snapped a seven-day losing streak on Friday, with prices rebounding in today’s session. The move came ahead of this afternoon’s payrolls report, which is expected to show tha...
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IRS Expands Crypto Question on Tax Form

Bitcoin.com - 5 Aug 2022 01:30
IRS Expands Crypto Question on Tax Form The Internal Revenue Service (IRS) has modified the crypto question asked on Form 1040, the tax form used by all U.S. taxpayers to file an annual income tax return. New Crypto Tax Question The Internal Revenue Service (I...
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230 Economists Warn the US Government's Proposed Inflation Reduction Act Will Fuel Inflation Last week, Democrats unveiled climate and health care legislation called the “Inflation Reduction Act,” and there’s a lot of debate over the name of the proposed public policy measures. After the legislation was re...
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Bankrupt Crypto Firm Voyager Digital Approved to Release $270 Million in Cash Deposits The now defunct and bankrupt Voyager Digital has been approved by the court to distribute $270 million in funds to creditors and affected customers. The news follows the Federal Deposit Insurance Corporation (FDIC) and t...
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2 metrics signal the $1.1T crypto market cap resistance will hold Despite a handful of the top-80 coins gaining 12% or more over the past week, Tether's premium in Asia and futures markets activity show buyers lacking confidence.
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Soaring Inflation Puts Central Banks on a Difficult Journey Tobias Adrian is the Financial Counsellor and Director, and Christopher Erceg and Fabio Natalucci are Deputy Directors at the International Monetary Fund (IMF)'s Monetary and Capital Markets Department.__________...
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Rainbows, Log Charts, and S2F: Bitcoin's 2022 Bear Market Has Broken the Community's Most Popular Price Models The 2022 bear market has been brutal as more than $2 trillion in value has been wiped away from the crypto economy. In addition to record values lost, the crypto winter has managed to break a number of popular bitcoin pr...
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WazirX in Hot Waters, Revolut Doubles Down on Crypto, Elizabeth Warren Picks Another Crypto Battle + More news Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news. __________...
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Biggest Movers: THETA Hits 3-Month High, While Near Climbs 17% on Friday Theta network was trading at its highest point in three months on Friday, as prices broke out of a key resistance level. Today’s move comes as crypto markets were mostly higher in the session, climbing 2.86% as of writ...
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Antminer S19 XP dropped in a bid to swing crypto miners back into profit Phil Harvey said that this type of miner can typically last a minimum of 36 months in a facility operated by their crypto firm Sabre56.
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Bitcoin fails to beat $23.4K sellers as US payrolls upend inflation debate BTC price action stays in familiar territory as analysts discuss the true nature of estimate-beating payroll data.
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Binance Card users now have access to XRP, SHIB and AVAX Binance Card owners now have access to 14 supported cryptocurrencies, including XRP, AVAX and SHIB, among others.
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Nomad Announces a Multimilion Bounty for 'White Hats', Says USD 20M Returned Already Cross-chain messaging protocol Nomad announced a bounty of up to 10% for the return of the (majority of the) USD 190m stolen from the Nomad bridge on August 1. Per the press release shared with Cryptonews.com, "The bount...
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Argo Blockchain keeps cashing out BTC to pay the debt to Galaxy Digital After selling 887 Bitcoin in July, Argo cut its outstanding balance under the BTC-backed loan to just $6.72 million.
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Tetris Owner Playstudios to Launch Blockchain Gaming Division and Web3 Fund Playstudios, a mobile gaming company, has recently announced it is diving into the world of Web3 gaming. The company is launching a blockchain gaming division that will introduce the concept of “rewarded play” to its...
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Microsoft Gives Grant To Blockchain-Based Web3 Game StarHeroes As Historic Partnership Gets Underway PRESS RELEASE. In what many would agree is a groundbreaking achievement, StarHeroes recently obtained a Microsoft grant. As a result, the blockchain-based game now has access to Azure PlayFab, joining the legendary colle...
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Bitcoin and Ethereum Stuck in a Key Range, FLOW Surges Over 50% Bitcoin price climbed above the USD 23,000 level and is currently (10:44 UTC) trading near USD 23,160. BTC is up over 1% in a day and down 3% in a week. Similarly, most major altcoins are trading in a key range. ETH migh...
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Justin Sun, Poloniex Back Plan to Create a PoW Ethereum Hard Fork Ethereum (ETH) miners fearing the worst should the network's much-vaunted move to proof-of-stake (PoS) go ahead next month could be thrown a lifeline - with Justin Sun and his Poloniex crypto trading platform stating tha...
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Kosovo Renews Crypto Mining Ban Amid Rising Energy Prices The government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency mining. The move comes amid a sharp increase in import prices and the restrictions ...
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Hayes Asks 'Forgiveness' for Calling Ethereum a Shitcoin, Doubles Down on ETH Former BitMEX CEO Arthur Hayes apologized for calling Ethereum (ETH) a shitcoin years ago and argued that the Merge is "extremely bullish" for the price of ETH. In his latest essay, Hayes took a look back at his previous...
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