Crypto News Today
Follow our selection of curated Crypto news stories, here or in our free Telegram group .
Crypto World Hits $3 Trillion Market Cap as Ether, Bitcoin Gain
Binance Coin, Solana have advanced more than 20% in seven days. Value of crypto universe has about quadrupled in 2021.
Draft Bill Seeks To Allow Brazilian Workers to Be Paid in Bitcoin
The bill seeks to change the current law that dictates Brazilian workers can only be paid with the national currency.
Paytm hints at Bitcoin offerings but only if India legalises it
A top Paytm executive has shared the company's thoughts on entering the cryptocurrency market in India. Seems like the country's biggest digital payments platform is waiting for regulatory approval for Bitcoin to bring it as an offering on its platform.
Will Solana Beat Cardano as the Top Threat to Ethereum?
Solana and Crypto are both worth roughly $68.5 billion right now. The flippening junior could be more interesting than the flippening itself.
US Lawmakers Call for Bitcoin Spot ETF in Letter to SEC Chair Gensler
Congressmen Tom Emmer and Darren Soto questioned why the SEC is uncomfortable with a spot bitcoin ETF when it already allows the trading of bitcoin futures ETFs.
Cardano prepares to scale with Hydra upgrade as network reaches 2M wallets
In a tweet posted by the Cardano Foundation on Monday, the number of Cardano (ADA) wallets has surpassed the 2 million mark.
Quentin Tarantino to offer seven uncut scenes from 'Pulp Fiction' as NFTs
Announced Tuesday, the award-winning director and writer is auctioning off seven uncut scenes from 'Pulp Fiction' as nonfungible tokens, also including original handwritten scripts from the film and exclusive audio commentary from Tarantino himself. The collectibles will be auctioned on NFT marketplace OpenSea.
Saudis, UAE roll out red carpet for crypto as US gives a cold shoulder
Saudi Arabia and the UAE are rolling out a red carpet of light-touch digital currency regulation, according to US market players - setting up a contrast to the US, where officials are falling all over themselves to set crypto rules.
ASX's first cryptocurrency ETF is listing Thursday
They said it couldn't happen this year, but it will. From this week, you can buy ASX shares that'll follow the fortunes of cryptocurrencies.
Edward Snowden Speaks Out Against Shiba Inu Mania
Edward Snowden claims that Shiba Inu is unlikely to make you rich.
Three Reasons Why Bitcoin Will See 100k
Two years ago, I wrote about how hitting 10,000 wouldn’t be enough for Bitcoin in light of the asset’s fundamentals and market dynamics. Today, bitcoin trades well above 60,000 and I’ve learned a valuable lesson about the pitfalls of being conservative when proclaiming valuation estimates out in the public.
Institutions Pile Into Bitcoin
Surging institutional activity around Bitcoin has seen the total combined assets under management of crypto products push towards a record $70 billion this week.
Law to regulate cryptocurrencies in India likely by Feb. 2022
The proposed framework is likely to veer away from an earlier approach that had proposed a complete ban on cryptocurrencies.
Cardano ($ADA) Founder Charles Hoskinson Signs MOU With Government of Burundi
Charles Hoskinson, Co-Founder and CEO of IOHK, the company responsible for building Cardano ($ADA), announced yesterday (October 26) that he had signed a memorandum of understanding (MOU) with the government of the Republic of Burundi.
U.S. is considering new rules for stablecoins - Here's what this means for crypto
Yahoo Finance's Jennifer Schonberger breaks down the latest on the U.S. and potential new rules for stablecoins.
The red-hot new bitcoin ETF could get too big for its own good and warp the futures market, JPMorgan says
Launch of the ProShares Bitcoin Strategy ETF has been a wild success, with the fund being the fastest ETF ever to attract $1 billion in assets. But that success is a double-edged sword and could hurt its investors, according to JPMorgan. "Contango in the BTC futures curve can impose a drag on performance for these funds due to the futures carry cost," JPMorgan explained.
Paul Tudor Jones says crypto is his preferred inflation hedge over gold right now
Billionaire investor Paul Tudor Jones told CNBC "Clearly, there's a place for crypto. Clearly, it's winning the race against gold at the moment.". "I've got crypto single digits in my portfolio," Jones said, referring to the percentage of his holdings in cryptocurrencies.
Australia should change laws to accommodate crypto, Senate report says
Australia needs to introduce new regulations for digital asset miners, such as tax discounts and a licensing regime for crypto exchanges, to be "competitive with Singapore, the UK and the U.S.", a Senate report said.
Cardano, Polkadot and Four Additional Altcoins Set To Explode in 2022
Crypto trader and Altcoin Daily host Austin Arnold thinks six major altcoins are gearing up for massive rallies in the next year.
Crypto Miners Struggle to Cut Carbon Emissions
Bitcoin mining has earned a bad reputation for guzzling cheap electricity in the pursuit of profit. Now bitcoin miners are trying to go green, to a point.
DraftKings Marketplace Chooses Polygon for Mainstream NFT Adoption
DraftKings Marketplace and Polygon have joined forces to promote the global adoption of non-fungible tokens.
Options Traders Bet Big Ether’s Turn for an ETF Is Coming Soon
Crypto options market indicates some traders have become more bullish on ether’s price next year.
Ethereum price must crack this key level before exploding toward $6,400
Ethereum price has presented a massive bullish target on the daily chart, suggesting that ETH is preparing for a rally toward $6,400.
Bitcoin Futures ETF Debuts as Second-Highest Traded Fund Ever
More than 24 million shares changed hands on first day. Bitcoin climbs within striking distance of April’s record high.
Facebook’s Novi digital wallet finally launches... without Diem cryptocurrency
Facebook has launched a pilot of its Novi digital wallet in the US and Guatemala for sending and receiving money using the Paxos stablecoin, in partnership with Coinbase.