Zimbabwe’s Minister of Information has publicly dismissed rumors that the country is considering the adoption of cryptocurrencies and Bitcoin (BTC). Instead, Minister Monica Mutsvangwa has clarified that her government is keen to experiment with a CBDC.
Crypto exchange giant Coinbase has said that altcoin transaction volume continues to increase its share on the platform at the expense of the two largest crypto assets, Bitcoin and Ethereum.
Ethereum Name Service- one of the most successful apps on the Ethereum blockchain. Is experiencing a price surge for its new decentralised autonomous organisation (DAO) governance token. The soar follows a widely anticipated airdrop that was valued over $500 million.
Austria has said that it wants to increase confidence in cryptocurrencies by taxing the tokens like mainstream stock and bond investments. The country has recently unveiled plans to apply a 27.5% capital gains tax on digital tokens including Bitcoin and Ethereum. The tax will take effect from March 2022.
According to former Citigroup boss, Vikram Pandit, all major banks will soon start to seriously consider taking a dive into the world of cryptocurrency. Pandit said that within “one to three years, every large bank and, or securities firm is going to actively think about 'shouldn't I also be trading and selling cryptocurrency assets.”
obinhood claims that it currently has 1.6 million people registered on the waitlist for the company’s crypto wallet. This number has increased from the 1 million people who were waiting several weeks ago, according to Chief Operating Officer of Robinhood Crypto Christine Brown.
Bitcoin price relentless rally has taken a breather. We explain five reasons why the price wll gush higher soon, including the Taproot upgrade.
In an interview today at the NYT Dealbook Conference, Apple’s CEO Tim Cook, confirmed that the tech giant is “looking into” crypto. The CEO then went on to say that the firm has no immediate plans to launch any crypto-related offerings.
In a joint statement, the directors-general of the Swedish Financial Supervisory Authority and the Swedish Environmental Protection Agency has called for a total ban on proof-of-work mining of cryptocurrencies within the EU. However, Sweden’s state-owned power company has publicly come to Bitcoin’s defence, claiming that it could potentially balance the load on power grids.
According to data from CoinGecko, the cryptocurrency market is now worth over $3 trillion. This comes at the top digital coins experiencing a huge rally on Monday, sending the value of crypto to the moon.