Football superstar Cristiano Ronaldo has signed an exclusive multi-year nonfungible token (NFT) partnership with crypto exchange Binance. The collaboration aims to introduce soccer fans to the Web3 ecosystem through global NFT campaigns. In the announcement sent to Cointelegraph, Binance noted that the agreement involves creating a series of NFT collections with Ronaldo. These will be sold on the Binance NFT…
The Spanish treasury has introduced a new series of requirements regarding the reporting and taxation of cryptocurrency holdings in the country. The new rules include the obligation of taxpayers to disclose all of their cryptocurrency holdings to the tax authorities, as well as their value in euros, including details of transactions with the addresses of origin and destination. Spanish…
Swan Bitcoin CEO Cory Klippsten believes that the liquidity crisis involving Celsius Network may be just the beginning of a broader collapse in the crypto lending space. “It doesn’t matter if you’re an amazing CeFi lending platform, taking these retail deposits and lending them out the back end and giving them yield, or a terrible one, they’re all going to…
Following yesterday’s drop in price, bitcoin stabilized during Thursday’s session, as prices hovered marginally below $21,000. Bulls are attempting to take BTC back towards this resistance level, which was broken as a result of Wednesday’s sell-off. Bitcoin BTC was trading marginally below $21,000 on Thursday, as prices slightly rebounded following declines on hump day. Following Wednesday’s low of $19,848.08, BTC/USD…
The crypto market has entered a bearish phase as prices of major cryptocurrencies have fallen to a four-year low. The current downturn in the crypto market has driven several crypto firms to go out of business, while many have made severe job cuts to remain afloat. The crypto market crisis began with the Terra debacle that saw $40 billion in…
Bitcoin (BTC) could have already seen a price bottom or be “really close” to one, analysts believe eyeing new data this week. In a Twitter thread on June 22, well-known indicator creator David Puell revealed what he argues “looks interesting” about current Bitcoin buying and selling. “High likelihood” bottom is in With many sources calling for BTC/USD to dip to…
Cryptocurrencies are attracting a lot of attention from academic institutions as they become increasingly accepted as an alternative to conventional assets. The University of Cincinnati (UC) in Ohio, United States, has even established courses around cryptocurrency as part of its curriculum. In fact, UC is working on two new programs that will educate students about cryptocurrencies like Bitcoin (BTC) and…
This is an opinion editorial by Jessica Hodlr, COO of Plan B Passport and co-host of the “The Bittersweet Podcast.” The world is used to a centralized system that requires us to present identification cards in order to open bank accounts, get on planes or even stay at hotels. But now, we have Bitcoin, a completely decentralized online protocol that…
The National Hockey League has big NFT plans, and it’s ready to share most of them with the world. The NHL, along with its Alumni Association and Players’ Association, announced Thursday that it’s partnered with NFT platform Sweet to create a unique NFT marketplace and collections of NFTs—unique blockchain tokens that signify ownership. David Lehanski, the league’s executive vice president…
The Bank of England’s deputy governor Jon Cunliffe has likened the current crypto market crash to the dot-com crash of the late 1990s—and suggested that the survivors could evolve into the “Amazons and eBays” of tomorrow. “The analogy for me is the dot-com boom when $5 trillion was wiped off values,” Cunliffe said during the Point Zero Forum in Zurich…
