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

April 16, 2021 ATMs, Bitcoin, Bitcoin (BTC), bitcoin treasury, Dade-County, Danielle Cohen Higgins, District 8 Commissioner, Florida, Francis Suarez, JD Ross, Miami, Miami Innovation, Miami Tech, Miami-Dade, Pay taxes in bitcoin, Silicon Valley, South Miami-Dade County, Sunshine State, Taxes, TNABC, Treasury Eddy 0

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 […]

Here’s how big brokerage firms are breaking into bitcoin trading

April 16, 2021 Bitcoin, BTC Eddy 0

Crypto brokers are making money hand over fist. The direct listing of Coinbase put on display just how much money such firms are making, with the exchange reporting nearly $2 billion in revenues during the first quarter of 2021. Much of those revenues were transactional and from trades made on its retail brokerage platform. Other […]

Bitcoin’s ATH at $65K And Coinbase Nasdaq Listing: The Weekly Recap

April 16, 2021 Bitcoin, BTCEUR, BTCGBP, BTCUSD, BTCUSDT, Coinbase, Crypto News, Ethereum, featured1, Market Updates, social Eddy 0

This week was particularly eventful in the cryptocurrency market. Without a doubt, the highlight of it was the direct listing of Coinbase shares on Nasdaq. This is the first major cryptocurrency exchange to go public, and it did so in style. The trading opened at around $381 per share (ticked COIN), putting an opening value […]

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

April 16, 2021 Anton Chashchin, BCH, BCH Price, Bitcoin, bitcoin cash, BTC, BTC Price, CEX.io, Crypto Derivatives Markets, Crypto markets, Delta Exchange, Digital Assets, Doge, Doge Price, ETH, Ethereum, ethereum prices, Market Update, Markets, Markets and Prices, Pankaj Balani Eddy 0

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 […]

CNBC’s Jim Cramer Used Bitcoin Profits to Pay Off a Mortgage

April 16, 2021 AA News, Bitcoin, Bitcoin (BTC) Price, BTCEUR, BTCGBP, BTCUSD, BTCUSDT, Crypto News, social Eddy 0

Jim Cramer, the host of CNBC’s Mad Money, has disposed of half of his bitcoin holdings and used the substantial profits to pay off his mortgage. Although he classified this conversion as “phony money for real money,” the crypto community was quick to criticize his actions. Cramers Pays Off Mortgage with BTC Profits CNBC’s host […]

Turkey’s central bank bans the use of cryptocurrencies for payments

April 16, 2021 ban, Bitcoin, BTC, Central Bank, crypto, Cryptocurrency, payments, Regulation, Turkey Eddy 0

The Central Bank of the Republic of Turkey has banned the use of cryptocurrencies for payments. Announcing the news on Friday, the central bank said crypto-assets cannot be used directly or indirectly for payments, and no firm can provide such services. “Payment service providers cannot develop business models in a way that crypto assets are […]

Mike Novogratz Warns of a Crypto Market ‘Washout’

April 16, 2021 Bitcoin, Coinbase, Cryptocurrency Exchange, Mike Novogratz, News Eddy 0

In a virtual event with MarketWatch, Mike Novogratz, CEO of Galaxy Investment Partners focused on crypto investment said “I’ve seen a lot of weird coins like dogecoin and even XRP have huge retail spikes, which means there’s a lot of frenzy right now.” He added: “That never ends well, and so we’ll probably have a […]

China coal mine accidents may be behind bitcoin’s hash rate drop

April 16, 2021 Bitcoin, Bitcoin mining, China, Mining Eddy 0

Recent security incidents in several coal mines in China appear to have had a ripple effect on bitcoin’s mining hash rate. Over the past two weeks, there have been three security accidents in coal mines in China’s Shanxi, Guizhou and Xinjiang provinces due to gas explosion and flooding, according to Chinese state media Xinhua. The […]

Bitcoin price uptrend to $65,000 decelerates amid potential bearish comeback

April 16, 2021 Bitcoin, Bitcoin (BTC), Bitcoin News, Bitcoin Price Analysis, bitcoin price prediction, BTCBRL, BTCBUSD, BTCDAI, BTCEUR, BTCGBP, BTCJPY, BTCKRW, BTCMXN, BTCNGN, BTCPAX, BTCRUB, BTCTRY, BTCTUSD, BTCUSD, BTCUSDC, BTCUSDT, BTCXRP, BTCZAR, News, Price Analysis Eddy 0

Bitcoin recovery hit a barrier at $64,000, hindering movement to $65,000. The ascending parallel channel lower edge support is under tremendous pressure to give to bearish advances. Bitcoin has resumed the sluggish price action a day after hitting a new record high close to $65,000. The recent upswing occurred after Coinbase was directly listed on […]

‘Weird Coins Like DOGE and XRP Spike’- Galaxy Digital’s Mike Novogratz Warns of a Crypto Market ‘Washout’

April 16, 2021 Bitcoin, Bitcoin (BTC), coin, coinbase global, Coinbase IPO, crypto economy, Delta Exchange, derivatives exchange, Doge, dogecoin, Galaxy Bitcoin ETF, Galaxy Digital, Markets and Prices, Marketwatch Interview, Mike Novogratz, Novogratz, Pankaj Balani, XRP Eddy 0

Bitcoin bull and billionaire investor Mike Novogratz has warned about cryptocurrency market volatility in a recent interview stemming from the Barron’s and Marketwatch’s “Investing in Crypto” virtual event series. In general and over the long term, Novogratz is bullish about bitcoin and companies like Coinbase remaining prosperous. Novogratz Warns of a Crypto Market ‘Washout’ Shares […]

Category: Bitcoin