Crypto News Today
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Mike Novogratz gives KPMG Canada a nod of approval as firm joins crypto community
KPMG's internal experts have assessed the tax and accounting consequences of move to make a crytpoasset allocation.
What's Next For Bitcoin Prices After They Reached Their Highest In A Month?
Following bitcoin’s recent price movements, several market observers highlighted key technical levels, as well as other important factors, when emphasizing what traders need to know.
After Crypto's Cold Winter, Expect Springtime for Web 3.0
Long-run financial history suggests that negative interest rates are not unusual and that DeFi is a bona fide revolution.
A handful of NFT users are making big money off of a stealth scam
Here’s how ‘wash trading’ works.
Mike Novogratz Expects NFTs to Outperform Crypto in 2022
Mike Novogratz is convinced that NFTs will outperform cryptocurrencies in 2022.
Google Is Looking to Help Build Web3, Blockchain Products: Alphabet CEO
Google is actively looking for ways to "contribute" to Web3 and blockchain-based products, says Alphabet CEO Sundar Pichai.
Putin Backs Crypto Mining Despite Bank of Russia's Hard Line
Russia is the third-biggest miner, after U.S. and Kazakhstan.
India Plans To Regulate Cryptocurrencies With A Hefty 30% Tax On Gains
India’s government on Tuesday announced plans to impose a 30% tax on income gained from digital assets like cryptocurrencies and non-fungible tokens (NFTs), in a move that will assuage earlier concerns about the country imposing an outright ban on cryptocurrencies.
Bitcoin's 'MACD' Indicator Threatens Long Term Bullish Bias as Rate Hike Fears Linger
Several Wall Street banks have penciled in five Fed rate hikes for 2022.
Facebook reportedly ditches Diem stablecoin with asset sale
The Diem Association, a consortium of companies working on a blockchain-based payment system, is selling its technology assets to Silvergate Capital for $200 million, according to a report from the WSJ. Meta, the company formerly known as Facebook, is one of the founding members of the association. Diem represented Facebook’s most ambitious bet on cryptocurrencies.
Latest Solana Clog Causes Liquidation Bloodbath
Solana suffered from network congestion issues again this weekend during the crypto market slide, causing problems for DeFi borrowers.
$1 Million Bitcoin Price Bet Proposed by Mike Novogratz
Mike Novogratz has challenged Peter Schiff to a $1 million bet on the price of Bitcoin.
Bitcoin Price Falls Below $37,000 in Tandem With Tech Selloff
The decline marked bitcoin's lowest dollar value since August 2021, with the digital currency now down 4% from its record in November 2021.
Bitcoin billionaire Mike Novogratz says plunging crypto will have a hard time rallying until stocks find a base
The crypto billionaire said Thursday this is a bear market, and told people to sell rallies and not buy dips.
El Salvador Buys $15 Million Worth Of Bitcoin 'Really Cheap,' President Crows, As Selloff Continues
El Salvador, the first country to adopt bitcoin as legal tender, purchased 410 bitcoin for $15 million Friday with the currency trading at its lowest point in six months, President Nayib Bukele announced on Twitter.
Russian c.bank proposes banning cryptocurrencies, crypto mining
Russia's central bank on Thursday proposed banning the use and mining of cryptocurrencies on Russian territory, citing threats to financial stability, citizens' wellbeing and its monetary policy sovereignty.
Bitcoin billionaire Mike Novogratz says crypto prices will stay under pressure as bond yields shoot higher
Many investors are nervous about crypto's prospects in 2022, as the Federal Reserve turns off the stimulus taps.
Bank of America calls Solana “Visa of the digital asset ecosystem” | CryptoSlate
Analysts at Bank of America has stated that Solana could continue to eat into the dominance of Ethereum because of its superior scalability.
India to soon get Exchange-Traded Funds for Bitcoin and Ethereum
Months after US approved Bitcoin Exchange Traded Funds (ETF), India might follow suit and is likelyto get ETFs for Bitcoin and Ethereum in coming days, reports have claimed.
Bitcoin Options Shift Has Some Bulls Calling $40,000 the Bottom
Demand for put-versus-call options is easing, Genesis says. CrossTower, Snickerdoodle see Bitcoin resuming push higher.
Bad Days for Bitcoin Are Back as 'Death Cross' Approaches
The crypto bull rush may be over for the time being.
Billionaire Mike Novogratz Sees Bitcoin Finding Bottom at $38,000-$40,000
Bitcoin could slide even lower before finding support, according to crypto billionaire Mike Novogratz. The chief executive officer and founder of Galaxy Digital Holdings told CNBC that the digital asset could find a bottom at the $38,000-$40,000 level.
Ethereum Beats Rivals With 'Trade-Offs,' Pantera’s Krug Says
Crypto-centric hedge fund is bullish, long on Ethereum. Grayscale's Grider says it’s not a 'winner-take-all' market.
PayPal to explore launch of stablecoin amid crypto push
PayPal Holdings Inc. is exploring the launch of its own stablecoin as part of its cryptocurrency push, according to the company, which confirmed the development after evidence of the move was discovered inside its iPhone app.
Crypto bull Mike Novogratz sees bitcoin's price floor at $38,000 as institutions take positions during latest sell-off
"I know big institutions who are going through their process to put positions on and so I think they're gonna see those as attractive levels to buy," Novogratz said on CNBC's "Squawk Box" program. "On the charts, $38 [thousand], $40 [thousand] feels like where we should bottom."