Did conflicting reports about Evergrande defaulting cause Bitcoin to tank?
Fears about the stock market and Tether’s reserves have also led some to believe the Bitcoin price could be in trouble.
LUNA Price Fluctuates After Terra Votes to Burn $4.5 Billion in Tokens
Nothing sparks demand quite like decreasing supply. At least, that’s what’s supposed to happen. Just ask Terra, the community charged with maintaining the LUNA utility token protocol and terraUSD stablecoin developed by Terraform Labs. On Tuesday, the community voted to burn just shy of 89 million LUNA tokens (roughly $4.5 billion). After the proposal put …
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Gary Vee: A Real ‘NFT Winter’ Market Pullback Is Coming
Investor and NFT entrepreneur Gary Vaynerchuk is incredibly bullish on the future of NFTs, including for collectibles, ticketing, and more. Even so, however, he believes that a significant pullback in valuation is sure to happen. Speaking with Decrypt Editor in Chief Dan Roberts at today’s Crypto Goes Mainstream event in collaboration with Yahoo Finance, Vaynerchuk—the …
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UK Treasury and central bank will consult on CBDC, potentially launching by 2030
«The earliest date for launch of a U.K. CBDC would be in the second half of the decade,” said the Bank of England, adding no final decision has yet been made.
Crypto.com supports Cronos cross-bridge mainnet beta launch
The protocol launched its testnet in July 2021 and has since facilitated 1.5 million transactions.
NFT Marketplace OpenSea Hits $10B in Total Volume
The crypto market’s largest NFT marketplace, OpenSea, has officially facilitated more than $10 billion in volume for the first time since opening its doors four years ago. The first NFT marketplace to be established on the Ethereum blockchain, OpenSea’s trading volume has shot up in the past year alongside the boom in non-fungible tokens (NFTs). …
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Brazilian federal deputy proposes crypto payment option for workers
Goulart’s proposal seeks a new law that allows all Brazilian workers to have an option to request employers for remuneration in cryptocurrencies.
Congress Passes $1.2 Trillion Infrastructure Bill, Paving Way for Extra Crypto Taxes in U.S.
Congress has passed a $1.2 trillion bill to improve America’s infrastructure through a variety of measures, including taxing crypto brokers. The bill, which passed Congress with a final vote of 228–206, signals a historic moment for crypto in the United States. In drafting the legislation, senators inserted a provision that changes the Internal Revenue Service’s …
House passes $1T infrastructure bill with crypto tax for Biden’s approval
The infrastructure bill was first proposed by the Biden administration aimed at primarily improving the national transport network and internet coverage.
‘Final Fantasy’ Creator Square Enix Is Getting Serious About NFTs, Crypto Games
Traditional video game publishers are starting to embrace NFTs and crypto gaming, with third-party giants like Electronic Arts and Ubisoft expressing interest or declaring their intentions in recent days. Now Japanese publisher Square Enix of «Final Fantasy» fame has joined the pack. Today, during a financial briefing covering the six-month period ending on September 30, …
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