Miami-Dade Officials Hope to Launch a Crypto Task Force, Residents Could Pay Taxes in Bitcoin Soon

Back in mid-February, Bitcoin.com News reported on Miami’s Mayor Francis Suarez supporting the idea of the city holding bitcoin in the treasury and allowing tax payments in bitcoin as well. On April 15, 2021, reports show that the city may introduce the tax payments concept soon, as the District 8 county commissioner Danielle Cohen Higgins has pushed for the invocation of a Miami-Dade digital currency task force. A Resolution for a Cryptocurrency Task Force Has Been Submitted to an Infrastructure Committee in Miami-Dade A few years ago at The North…

Read More

Wallstreetbets Reinstates Ban on Cryptocurrency Discussions, Citing Bloomberg Coverage

The moderators of the famous Reddit forum Wallstreetbets, known for putting Gamestop (GME) stock prices on the map as a worldwide trending topic, lifted a ban on all discussions related to bitcoin, ethereum, and dogecoin. However, the decision has been reversed after a recently published Bloomberg article. Bitcoin, Ethereum, Dogecoin Were Allowed to Discuss for Just One Day On April 14, 2021, Wallstreetbets moderators issued a statement, commenting about why they’ve been banning crypto-related discussions within their threads, citing that its main focus is the stock market. They continued to…

Read More

SafeEarth Donates $100,000 to TheOceanCleanUp Kicking Off Blockchain Eco Project

PRESS RELEASE. Blockchain eco project SafeEarth has donated over $100,000 to TheOceanCleanUp charity with more donations planned for other global charities. 16th April, 2021, London, UK — SafeEarth, a blockchain eco project, has donated over $100,000 to community selected charity TheOceanCleanUp. The donated funds will help towards the removal of plastic waste from the planet. This generous donation represents the first act of SafeEarth’s continuing initiative to help charities across the globe. The money was raised from SAFEEARTH token transaction fees. From each token transaction a portion of the fees…

Read More

Dogecoin Markets Soar as Token Nears a Half Dollar, DOGE Price Climbs 18,299% in 12 Months

The popular meme-based crypto-asset dogecoin has seen phenomenal gains during the last few days. On August 16, 2021, the digital currency featuring the likeness of the Shiba Inu dog tapped an all-time high at $0.44 per token. However, the cost to send a transaction in dogecoin has jumped to that price as well on Friday. Who Let the DOGE Out? Dogecoin (DOGE) has spiked massively this week in value shocking everyone watching digital currency markets in action. DOGE jumped to a high of $0.44 per unit on Friday morning at…

Read More

Federal Reserve Chairman Jerome Powell Says Cryptocurrencies Are ‘Vehicles for Speculation’

The Federal Reserve chairman believes that cryptocurrencies are “really vehicles for speculation” and “No one is using them for payments.” He then compared crypto to gold. His comments about cryptocurrency followed Coinbase’s direct listing on Nasdaq. Fed Chair Powell Thinks Crypto Is for Speculation Federal Reserve Chairman Jerome Powell talked about cryptocurrency in an interview with The Economic Club of New York on Wednesday. The event took place amid Coinbase’s IPO via a direct listing on Nasdaq. With the rising popularity of bitcoin and cryptocurrencies, he was asked if he…

Read More

Turkey Bans Cryptocurrency Use for Payments as Local Currency Plunges

The Central bank of the Republic of Turkey has issued a cryptocurrency regulation prohibiting the use of cryptocurrencies for payments of goods and services. From the end of this month, crypto assets cannot be used directly or indirectly as a means of payment in the country and no service can be provided for this purpose. Turkish Central Bank Prohibits Crypto Use for Payments of Goods and Services The Turkish central bank (also known as CBRT or TCMB) has issued “Regulation on the Disuse of Crypto Assets in Payments.” It was…

Read More

Crypto Markets Lose Hot Air, DOGE and BCH Skyrocket, 46% Chance ETH Hits $2,600 by May

Digital currency markets have seen some slight losses on Friday morning, as a great number of cryptocurrencies saw significant gains the day prior. Bitcoin dropped to a low of $60,042 during the early morning trading sessions shedding 3% during the last 24 hours. Crypto Markets Shed Some Value After Heating Up the Day Prior Bitcoin (BTC) has dropped in value during the most recent trading sessions, as the price per BTC slid from $63,299 to $60,042 losing 5% in value. However, the price rebounded a hair and currently, BTC is…

Read More

Expert Believes Nuclear-Powered Crypto Mining Could Help Ukraine to Solve Energy Spending Problems

Bitcoin mining could be a proper asset to solve one of the significant issues in the Ukrainian energy sector: spending. A financial expert praised the recent push given by Ukraine’s government to nuclear-powered crypto mining across the nation. Crypto Mining Can ‘Smooth out’ Fluctuations in Consumption, Says Expert During an interview with Inshe, Alexei Mushak, an economic advisor to the former Prime Minister Oleksiy Honcharuk, Ukraine needs bitcoin (BTC) miners, but most importantly, to take advantage of the nuclear power plants that favor smooth operations while helping to save costs.…

Read More

Co-Founder of South Africa’s Crypto Index Fund Reveals the Plan to Launch Country’s First Bitcoin ETF

Earle Loxton, the cofounder of EC10 (formerly DCX Capital) the institution behind the South African crypto index fund, says plans are afoot to launch the country’s first exchange-traded fund (ETF). The ETF is expected to offer South African institutional investors an indirect way of getting exposure to bitcoin. According to Loxton, an application for this ETF will soon be lodged with the Johannesburg Stock Exchange (JSE). However, Loxton also reveals in a podcast that before proceeding with the application, EC10 alongside Easy Equities will initially prioritize finding a suitable custodian…

Read More

NFT Roundup: Tom Brady’s Autograph Initiative, Topps Digital Baseball Cards, Annoying Orange’s 4K NFT Clip

The past week has been busier than usual for the NFT ecosystem. Rap stars Jeezy and Riff Raff entered the NFT realm, Hoard introduced its lending platform for NFT-collateralized crypto loans, The Topps Company is dropping its Series 1 Baseball collectibles, super-quarterback Tom Brady is launching his own NFT initiative, Terra Virtua is releasing a Godzilla vs. Kong NFT line, and even Annoying Orange is NFTing. NFT-Collateralized Crypto Loans Arrive Hoard, an Ethereum-based NFT marketplace, launches a new loan platform called Pawn Shop, where you can use your NFTs as…

Read More