Ethereum, Dogecoin, Uniswap lead gains as crypto market pumps
The global crypto market cap is $1.83 trillion with a 24-hour volume of $109.65 billion. The price of Bitcoin is $44,785.31 and the BTC dominance is at 46.0%.
by Shaurya Malwa
Ethereum broke the $3,000 mark yesterday as top coins jumped on news of favorable legislation around cryptocurrencies in the US, data from multiple sources showed.
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Ted Cruz says crypto got ‘screwed’ after senate votes on infrastructure bill
In an occurrence with effects yet to be fully determined, US democrats have objected to moves to make further amendments to the crypto tax provision in the infrastructure bill. Senator Cruz reflects on crypto bill provision Ted Cruz, the lawmaker representing Texas at the United States Senate, revealed this in a tweet on Monday. “Crypto […]
American Cinema giant AMC is now accepting Bitcoin (BTC)
In what is perhaps the latest in a series of events indicating the acceptance of crypto as a valid means of exchange globally, the foremost American cinema operator, AMC, has announced that it is planning to begin the acceptance of Bitcoin for payments for movie tickets by 2022. The announcement was made by the cinema’s […]
Tether (USDT) cash equivalents have increased to 85%, company reveals
Tether Holdings Limited, the company behind the world’s largest stablecoin by market cap, revealed more details about its reserves in an assurance opinion by Moore Cayman, an audit services provider, which concluded that the information in the company’s Consolidated Reserves Report (CRR) is accurate.
66% of all Dogecoin (DOGE) holders are ‘in profit,’ data shows
The majority of current Dogecoin (DOGE) holders are reaping profits as the most famous meme token rallied 24,7% during the past seven days, while the price of Ethereum (ETH) grew 18,9% and the price of Bitcoin (BTC) rose 15,5%.
Ukraine could legalize Bitcoin payments after proposed crypto bill
After the crypto draft bill is adopted, Ukrainians will be able to legally hold, exchange, and spend cryptocurrencies like Bitcoin (BTC), a government official revealed.
Testnet gives Cardano (ADA) its first ever smart contracts
Input-Output Hong Kong (IOHK), a blockchain infrastructure research and engineering company behind the development of the proof-of-stake Cardano (ADA) platform, announced that the Alonzo Purple testnet is up and running.
TomiEx: CBDC’s would eventually lose competition to global stablecoins
Central bank digital currencies, or CBDC’s, are unlikely to significantly solve the problem of facilitating international cross-border online services, unless central banks put heavy regulations on global stablecoins like Diem.
US Senator says proposed crypto laws are a ‘huge mistake’
In one of the earliest opposition to the move to adopt the provision of a crypto tax provision in the $1.2 trillion infrastructure bill, United States Senator, Mike Lee, has raised concerns that the move would send more citizens below the poverty benchmark line.
Coinbase integrates Apple Pay for crypto investments
US crypto exchange Coinbase now allows users to purchase cryptocurrencies on its app via debit cards linked to Apple Pay accounts, it said in a blog post last week.
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