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Russia to introduce new laws that allow the government to confiscate cryptocurrency
Russia is drafting new laws to enable the confiscation of cryptos held by criminals.
It Is expected that the proposal will be given the necessary attention by the end of the year.
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Elizabeth Warren Gives SEC July 28 Deadline to Figure Out Crypto Regulation
Crypto skeptic U.S. Sen. Elizabeth Warren (D-Mass.) gave the Securities and Exchange Commission (SEC) until the end of this month to figure out its role in regulating cryptocurrencies.
The senator, who chairs the Senate Banking Committee's Subcommittee on Economic Policy, said in a letter to SEC Chair Gary Gensler that she needs answers by July 28.
Despite the rising popularity of crypto, a "lack of common-sense regulations has left ordinary investors at the mercy of manipulators and fraudsters,” Warren said.
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First Midwest Bank Trust Division Holding 29.5K Shares of Grayscale Bitcoin Trust
First Midwest Bank Trust Division has reported holding 29,498 shares of Grayscale Bitcoin Trust as of June 30, according to a Securities and Exchange Commission (SEC) filing.
According to the 13F SEC filing, the Joliet, Ill.-based bank purchased one lot of 20,655 shares and another lot of 8,843 shares of the Grayscale Bitcoin Trust.
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There’s an ‘enormous amount’ of commercial interest in Cardano, Charles Hoskinson hints
Cardano (ADA) founder Charles Hoskinson took to YouTube today to give a brief update on the ‘Alonzo’ hard fork.
Alonzo is slated to provide the network with exciting and long-awaited new features by incorporating Plutus scripts onto the blockchain, enabling the development of smart contracts on Cardano and the deployment of a wide range of new Defi applications for the first time.
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Crypto usage in Turkey increased elevenfold in a year, new survey shows
Turkey’s crypto userbase has grown more than 11 times over the last year, a new survey from Turkish crypto exchange Paribu shows.
The “Cryptocurrency Awareness and Perception Survey 2021” was conducted by Akademetre Research, revealing the perceptions and behaviors of Turkish citizens toward Bitcoin (BTC) and other cryptocurrencies. The first survey was completed in 2020.
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Apple Co-Founder Steve Wozniak Calls Bitcoin a "Miracle", Says It's Better Than Gold
Apple co-founder Steve Wozniak called Bitcoin “the most amazing mathematical miracle” during the Jalisco Talent Land Digital 2021 event, El Sol de México reports.
He also believes that the flagship cryptocurrency is more precious than gold because the latter is not scarce enough.
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Bitcoin Poised to Resume Moving to $100,000 in Second Half 2021: Bloomberg’s Mike McGlone
Chief commodity strategist of Bloomberg, Mike McGlone, has taken to Twitter to share his conclusions as to when the Bitcoin bull market is likely to come back and the world’s flagship cryptocurrency to resume its movement towards $100,000.
McGlone has shared a chart that shows a trajectory of a futures contract based on Bitcoin against Brent crude oil and a chart of Bitcoin volatility against that of crude oil.
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Bitcoin Poised to Resume Moving to $100,000 in Second Half 2021: Bloomberg’s Mike McGlone
Chief commodity strategist of Bloomberg, Mike McGlone, has taken to Twitter to share his conclusions as to when the Bitcoin bull market is likely to come back and the world’s flagship cryptocurrency to resume its movement towards $100,000.
McGlone has shared a chart that shows a trajectory of a futures contract based on Bitcoin against Brent crude oil and a chart of Bitcoin volatility against that of crude oil.
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Anatoly Yakovenko Explains Why Solana Will Succeed
Anatoly Yakovenko told Crypto Briefing that Solana does not need to build in Solidity to flourish.
He pointed out that the ecosystem has benefited from developer engagement both within and outside the crypto community.
He argued that the network would likely see rapid growth over the coming years.
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45% of young Brits say their first investment was in crypto – and half are using debt to buy
45% of young investors in the UK got started with crypto, an Interactive Investor study shows.
Bitcoin is the most popular cryptocurrency, and many are accepting debt to fund their crypto purchases.
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Bitcoin miner revenue jumps by 50% in 4 days since record difficulty drop
Bitcoin (BTC) miner revenue jumped after the network saw its biggest-ever difficulty drop, data shows.
According to figures from monitoring resource Blockchain.com, daily revenues have surged by over 50%.
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New Zealand to explore central bank digital currency as part of public consultations
New Zealand's central bank is set to spend the coming months in public consultation on issues ranging from stablecoins to central bank digital currencies (CBDCs).
The roadmap was detailed in a Wednesday statement and builds on previous work done in the area of future approaches to payments in New Zealand.
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Elon Musk's Bitcoin Bet Could Cost Tesla $100 Million
Tesla made a whopping $1.5 billion investment in Bitcoin in February of this year. That investment could come back to bite it as a result of the cryptocurrency’s recent price crash, per CNBC.
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Spending on crypto-linked Visa cards exceeds $1B in first half of 2021
More than US$1 billion was spent on crypto-linked Visa cards in the first six months of 2021, according to a Visa blog post this week.
Apart from enabling customers to buy cryptocurrencies like Bitcoin using its cards, Visa has partnered with 50 crypto platforms on card programs — such as Coinbase, the largest cryptocurrency exchange in the United States and Hong Kong-based cryptocurrency exchanges Crypto.com and FTX — to enable customers to spend cryptocurrencies at 70 million merchants globally.
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33 face heat in Korea over alleged $1.48 billion in crypto transfers
Seoul’s Central Customs has prosecuted, fined, or is currently investigating 33 individuals who were allegedly involved in 1.69 trillion won ($1.48 billion) worth of illegal overseas cryptocurrency transactions in South Korea, The Korea Times reported today.
The individuals were caught as part of a pan-government investigation and have allegedly committed financial crimes such as fraud and money laundering. Namely, 14 suspects are currently being prosecuted, 15 were fined, and another four continue to remain under investigation.
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Oscar Winner Anthony Hopkins’ Next Film Will Be an NFT
Actor Anthony Hopkins already has two Oscars. Soon, he'll have another one-of-a-kind item to go with them—a non-fungible token tied to his next movie.
VUELE, a shared project of film production company Enderby Entertainment and FinTech platform developer CurrencyWorks, announced today that Hopkins' next film, "Zero Contact," will be the first film released on the company's NFT viewing platform.
The firm claims it is "the world's first NFT feature film."
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📣Auction Day!
The auction lots are 3 mining contracts:
$500 contract – 2,82 th/s, 930 days, 0,05 service fee
$650 contract – 3,85 th/s, 930 days, 0,05 service fee
$790 contract – 4,62 th/s, 930 days, 0,05 service fee
🔶CONDITIONS:
- Starting price: $50
- The min bid step: $30
- The max bid step: $500
- The bid is valid for 3 minutes until we say “Sold out”
Take your chance to start mining with the most profitable conditions!! 💪🏻😎
Join us today at 10 am EST in the chat
Cardano (ADA) beats Bitcoin (BTC) & Ethereum (ETH); becomes most HOLD’d crypto
The rapidly rising altcoin, Cardano (ADA) which saw a 67 percent hike during Q1, has now acquired the position of the most held crypto asset by investors of eToro US in Q2. Where top cryptocurrency Bitcoin’s steady speed of a 42 percent rise in demand could not beat Cardano for the top spot.
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I Stand By My $100,000 Bitcoin Price Target, Anthony Scaramucci
Anthony Scaramucci has again reiterated his stand on why he thinks bitcoin will still hit the $100,000 price target he had earlier set. Scaramucci had put forth this forecast when he was on Yahoo! Finance earlier in the year. The founder explained that bitcoin could easily be trading at $100,000 in 12 months.
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