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House passes $1T infrastructure bill with crypto tax for Biden’s approval

The United States House of Representatives passed the $1.2 trillion bipartisan infrastructure bill, which if signed into law by President Joe Biden, would enforce new provisions in relation to crypto-tax reporting for all citizens. The infrastructure bill was first proposed by the Biden administration aimed at primarily improving the national transport network and internet coverage. However, the bill mandated stringent…

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TCG World Partners With Stock Giants WSB to Expand Their Metaverse – Press release Bitcoin News

press release PRESS RELEASE. The world’s largest metaverse on blockchain and NFT platform TCG World announces partnership with a stock giant WallStreetBets. Since the start of the year, the WallStreetBets movement has been defying traditional finance with a legion of retail investors using decentralized tradable assets on the blockchain to advance the ethos of financial democracy. Now, the giant online…

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Electronic Arts CEO Thinks NFTs and Play-to-Earn Are Part of the Future of the Gaming Industry – Bitcoin News

Electronic Arts (EA), an important gaming and entertainment-oriented company, has made insightful remarks about the importance of NFTs and the play-to-earn model in its last earnings call. Andrew Wilson, CEO of the company, addressed the subject in response to several questions posed by business analysts. Electronic Arts Open to NFTs and Play-to-Earn Electronic Arts, the company behind gaming…

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New York City Mayor-Elect Eric Adams Will Take First 3 Paychecks in Bitcoin, Promises to Make NYC Center of Crypto – News Bitcoin News

New York City Mayor-elect Eric Adams says that he will take his first three paychecks in bitcoin. He has also promised to make NYC the center of crypto. “NYC it’s going to be the center of the cryptocurrency industry and other fast-growing innovative industries,” he said. Eric Adams’ Bitcoin and Crypto Promises New York City Mayor-elect Eric Adams said he…

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Estimating This Cycle’s Bitcoin Price Top

The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. As the bull cycle carries on, everyone wants price predictions and a better understanding of when the price may top out and reverse…

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Coinbase Makes Shiba Inu Crypto Available to New York Residents After Adding SHIB Trading Pairs – Altcoins Bitcoin News

The Nasdaq-listed crypto exchange Coinbase has made shiba inu cryptocurrency available to New York residents, who can now trade, buy, sell and store SHIB on Coinbase. This announcement follows the exchange adding SHIB trading pairs. Coinbase Grows Its Shiba Inu Crypto Offerings Cryptocurrency exchange Coinbase announced Friday that the shiba inu (SHIB) cryptocurrency is now available to residents of the…

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Central Banks Opiod Of Our Economy

Consequences of monetary policy will go beyond the stock market or the economy. It will shape everyone’s life throughout the 21st century, up to the very meaning of freedom and democracy. Central bank policy is a fascinating subject and probably one of the most controversial discussions you can have on a trading floor. If you are a newcomer to this…

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3 reasons why DeFi users are bullish on Abracadabra, Magic Internet Money and SPELL

Stablecoins and their use in decentralized finance (DeFi) have played a key role in the 2021 cryptocurrency bull market because allow investors to participate in the ever-growing number of protocols that offer high yield staking pools and they ease the process of transacting without needing to use a centralized exchange. One project that has seen a significant amount of adoption…

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Politicians Across World Advocate For Bitcoin

The Week Of Political Advocates This week turned out to be rather interesting as politicians across the world sent out pro-bitcoin sentiments with the biggest step being mayors across the U.S. planning on receiving their salaries in bitcoin. Despite all that, bitcoin has remained relatively steady and appears prime to start the next leg of its bull run. Here’s what…

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Metaverse Tokens See Triple-Digit 7 Day Gains, Crypto Market Cap Inches Toward $3 Trillion – Market Updates Bitcoin News

While bitcoin has been consolidating for a few days now, a number of other digital assets have seen solid seven-day gains. The two metaverse tokens sandbox and decentraland have skyrocketed over 170% during the last week. Crypto assets like loopring, crypto.com coin, and arweave have spiked in value more than 66% and up to 169% this week as well. Sandbox,…

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