Since the first week of February 2022, the world’s gaze has been largely focused on Russia, especially with regards to the country’s affectionate position on bitcoin. But now, nearly two months later, there are ripples that are percolating from the opposite corner of the world. With poetic timing, the kind that only the strings of fate seem capable of sewing,…
Bitcoin (BTC) has clawed back much of the losses that took place in January and now the focus of traders shifts to April, which has historically been a strong month for. According to Coinglass data, Bitcoin has closed April in the red only on three occasions and the worst monthly loss was a 3.46% drop in 2015. Although history favors…
On March 29, Polygon, the layer two (L2) scaling solution that runs parallel with the Ethereum blockchain, has announced a new identity platform called Polygon ID. While the protocol is is still under development, Polygon ID is powered by zero-knowledge (ZK) cryptography and Polygon expects a public version of the ID wallet app and software development kit (SDK) to release…
The Indonesian government is reportedly planning to charge a 0.1% capital gains tax on crypto investments as well as a value-added tax, or VAT, on digital asset transactions starting from May 1. According to a Friday Reuters report, Hestu Yoga Saksama, a spokesperson for Indonesia’s tax office, said the country will be imposing “income tax and VAT” on crypto assets…
In a document filed with the United States Securities and Exchange Commission (SEC) on Thursday, Bitcoin (BTC) mining company Riot Blockchain announced that it would be selling up to $500 million worth of common stock to finance general corporate expenses, such as working capital, repayment of corporate obligations, capital expenditures and acquisitions, and investing in existing and future projects. After…
In brief Investment bank Citi said in a Thursday report that the metaverse economy could reach $13 trillion by 2030. But it will take time and computational efficiency would need to improve massively, says the big bank. The metaverse economy could be worth up to $13 trillion by 2030, global investment bank Citi has said. Total metaverse users could also…
ZIL was on the rise yet again to end the week, as prices are now trading almost 300% higher than on Monday. The increase in value comes as markets gear up to the release of Zilliqa’s metaverse service platform called “Metapolis.” Many expect the official launch to come tomorrow, and anticipate it to be a game-changer in this space. Zilliqa…
The 19th millionth Bitcoin (BTC) was mined today, a landmark occasion for the number one c. 19 million Bitcoin are now in circulation, with just 2 million Bitcoin yet to be minted (or mined) until roughly the year 2140. In block 730002, mined by SBI Crypto, the 19 millionth Bitcoin entered circulation. SBI crypto earned 6.32 BTC, roughly $293,000 for the trouble…
press release PRESS RELEASE. March 2022 – MyTopSportsbooks.com publishes their METAVERSE article showing just how parallel this virtual universe is to our reality. Mainstream Companies Take Their Cut With several traditional companies on the fence about this traditionally intangible virtual world, other big brands are taking the leap into the virtual abyss. Ralph Lauren reported to be heavily investing in…
ARK Invest and 21Shares have become the most recent applicants to see their spot market Bitcoin ETF registration rejected by the Securities and Exchange Commission. The application would have created the ARK 21Shares Bitcoin ETF to trade on the Chicago Board Options Exchange (Cboe), with 21Shares acting as the sponsor, Coinbase as custodian and ARK Investment would have handled marketing,…
