Latin American real estate market leader La Haus has closed another home sale for bitcoin, the first in Colombia after recently selling a property in Mexico, Valora Analitik first reported. La Haus’ VP of innovation and future, Jehudi Castro, told Bitcoin Magazine that the transaction represented a downpayment for an apartment at Natura City, an exclusive apartment complex owned by…
Month: February 2022
US lawmakers issue warnings about digital yuan as Winter Olympics kicks off
With the opening ceremony of the Beijing 2022 Winter Olympics completed and all competing athletes currently in China, two members of Congress are warning of the potential dangers of using digital yuan at the events. According to a Friday report from Reuters, Pennsylvania Senator Pat Toomey sent a letter to Secretary of State Antony Blinken and Treasury Secretary Janet Yellen…
Bitcoin Hits $40,000, as LEO Leads Friday Rally – Market Updates Bitcoin News
Bitcoin rallied above $40,000 on Friday, however, this was not the biggest mover in crypto markets to end the week. Cryptocurrencies climbed today, following news that over 400,000 jobs were added to the U.S. economy last month. Biggest gainers Bitcoin (BTC) climbed to $40,000, ethereum was fast approaching $3,000, with Solana nearing $110, however, none of these were today’s big…
Nintendo Sees ‘Great Potential’ in the Metaverse—But It’s in No Rush, Says President
In brief Nintendo President Shuntaro Furukawa said that the metaverse “has great potential.” However, he added that Nintendo needs to further consider how to approach the space in a unique fashion. The metaverse became a major buzzword after Facebook (now Meta) unveiled its vision in October, and now gaming and tech giants alike are weighing in on the potential for…
A “unifying Web3 platform” will onboard 1 billion users by 2026, says Harmony COO
Li Jiang, COO at Harmony, believes that a bridge connecting all existing blockchains is key to onboard the first 1 billion users on Web 3. “We think that the future is multichain and cross-chain, that you should be able to move assets very easily from one chain to another, with good prices, with good rates and very fast.”, he told…
Marathon Mined 462 Bitcoin in January
Public bitcoin miner Marathon Digital Holdings scooped over 462.1 new bitcoin in January, down from 484.5 BTC mined in the previous month as it faced a double-digit increase in Bitcoin’s hashrate and operational fluctuations in its Hardin, Montana, facility, the company said in a Friday statement. The miner now holds approximately 8,595 BTC with a fair market value of approximately…
Bitcoin returns to $40K, liquidating over $50M of shorts in hours
Bitcoin (BTC) returned to $40,000 for the first time two weeks during Feb. 4 as Wall Street volatility proved a boon for BTC bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Liquidations mount for BTC shorts Data from Cointelegraph Markets Pro and TradingView showed BTC/USD suddenly jumping past the $40,000 Friday, just two hours after the Wall Street open produced rapid…
Bitcoin Reclaims $40K as Ethereum and Altcoin Market Make Big 24-Hour Gains
Bitcoin is once again above $40,000 after a rough start to the year. The biggest cryptocurrency by market cap is up 8% in the past 24 hours, according to CoinGecko figures, trading for $40, 150. The asset got off to a bad start in 2022, crashing to levels not seen since in six months. But the coin looks like it…
60,000 Indians Petition Government to Lower Crypto Tax to Avoid ‘Devastating Impact’ – Taxes Bitcoin News
Many Indians have signed a petition for the government to introduce reasonable crypto tax policies. This week, India’s finance minister, Nirmala Sitharaman, proposed taxing crypto income at 30%. Indians Sign Petition Urging Government to Rethink Crypto Tax Proposal A petition has been initiated on Change.org for the government of India to “introduce reasonable crypto tax policies.” Finance Minister Nirmala Sitharaman…
Majority of US consumers say no to Meta owning metaverse data: Survey
A survey of 1,000 United States consumers around growing interest in the metaverse has revealed some interesting results. In a survey commissioned by nonfungible token and metaverse infrastructure provider Advokate Group, 87% of respondents preferred a decentralized metaverse on a blockchain over some of the mega projects planned by tech giants. This became more evident when 77% of the respondents…