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Bitcoin’s copycat moves leave traders with few options but to wait to monitor equities and hope for a correlation breakdown. Bitcoin (BTC) took a chunk out of its impulse move above $41,000 on April 14 as Wall Street opened with a whimper.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin follows stocks downhill Data from...
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DeFi is a complicated space, but with research and some patience, average investors can still get involved. Decentralized finance (DeFi) protocols have diversified investment opportunities in the crypto industry by facilitating novel and innovative passive income generation schemes. Delving a bit into how they work, DeFi systems are based on blockchain technology and run on...
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The new tax integration aims to relieve crypto investors from having to manually calculate their tax bills. Major cryptocurrency hardware wallet provider Ledger is moving to help crypto investors keep track of their taxes by integrating a new crypto tax-related solution. Ledger has partnered with cryptocurrency tax software ZenLedger to integrate its crypto tax reporting...
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Russia should deploy cryptocurrencies and CBDCs for settlement and payments with Africa, the president of the Chamber of Commerce and Industry believes. An executive at Russia’s Chamber of Commerce and Industry has called on the government to conduct cross-border settlements in cryptocurrencies and central bank digital currencies (CBDCs). Chamber President Sergei Katyrin sent a letter...
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As today’s energy market becomes decentralized, energy grid operators may need to take a Web3 approach to asset management and security. The world’s energy market is rapidly evolving, moving from hydrocarbon plants to a future centered around clean energy enabled by wind and solar power. As such, today’s energy market is shifting to an increasingly...
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Users can get their cashback reward in over 60 different cryptocurrencies supported by Gemini. Gemini, a major cryptocurrency exchange founded by the Winklevoss twins, has launched its crypto credit card. The company officially announced Thursday that its Gemini Credit Card is available in the United States across all 50 states. The new card is issued...
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To doxx (oneself) or not to doxx? That is a question faced by many operating in the cryptocurrency and blockchain space, including developers, influencers, and investors. Does one use ones own name when venturing into the often chaotic and largely unregulated crypto world or don an alias? Consider Embrik Brresen, developer of RobinHood Inu a...
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The company has partnered with Bitso and Bitpay to allow its users to pay for orders with Bitcoin and other cryptocurrencies. Rappi, the most popular delivery service in Latin America, is working with Bitso and Bitpay to accept Bitcoin (BTC) and other cryptocurrency payments. As reported by Cointelegraph Brazil, Rappi is integrating with Bitso and...
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“Twitter has extraordinary potential. I will unlock it,” claims Musk following his proposition to buy the social media giant. In a letter sent to the chairman of Twitter’s board Bret Taylor on Thursday, entrepreneur Elon Musk, best known for founding and heading Tesla and SpaceX, has offered to purchase the entire Twitter company for $54.20...
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The State Security Board considers the sale of 11,111 NFTs a “high-tech fraudulent securities offering.” A virtual, Cyprus-registered casino Sand Vegas Casino Club faced an emergency cease and desist order from Texas and Alabama state securities regulators. The company is ordered to “stop a fraudulent investment scheme tied to metaverses”.  On April 13, the Texas...
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