The company said the move intends to cover all NFTs listed on the HARTi platform with no cost to the seller. Source: https://cointelegraph.com/news/harti-and-mitsui-sumitomo-roll-out-nft-insurance-coverage-for-claims
Month: July 2022
SOL Slips to 12-Day Low, as NEAR Drops by Nearly 12% on Tuesday – Market Updates Bitcoin News
Solana fell for a second consecutive session on Tuesday, pushing the token to its lowest level in twelve days. The move comes as sentiment in crypto markets turned bearish ahead of tomorrow’s FOMC meeting. Near protocol was also lower, dropping by as much as 12% today. Solana (SOL) Solana (SOL) was in the red for the second day running, as…
Senate Bill To Exempt Tax On Small Bitcoin Transactions – Bitcoin Magazine
The Virtual Currency Tax Fairness Act seeks to provide tax exemption for transactions up to $50 or trades which net a capital gain of less than $50.Senators Patrick Toomey and Krysten Sinema will introduce the bill today. A House bill was previously introduced with a threshold of up to $200 this past February under the same name. The Virtual Currency…
IMF recession warning sees Bitcoin dip under $21K amid fresh $1M BTC price forecast
Bitcoin (BTC) fell below $21,000 for the first time in eight days on July 26 as Wall Street prepared for a decision on United States’ anti-inflation policy. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed jitters test market resolve Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ending a period of sideways action on the Wall Street open, hitting lows…
Factors putting pressure on Bitcoin price
Subsequently, there are fears that Bitcoin prices will take longer to recover. Bitcoin (BTC) has been hovering around the $20,000 range for several weeks now after the coin lost over 60% of its value from its peak in November. The recent plunge wiped out over $600 million from its market cap and caused rising concerns of a bubble burst. Negative…
Economists Say Fed Could Shrink Balance Sheet in 2023, Critics Insist Central Bank Hasn’t Reduced QE at All – Economics Bitcoin News
With inflation soaring in the U.S., economists from monetary policy analytics and forecasting firm LH Meyer say the U.S. Federal Reserve could stop shrinking its balance sheet earlier than expected. However, critics have said the U.S. central bank hasn’t really shrunk the Fed’s balance at all, and the entity has been accused of keeping quantitative easing (QE) practices persistent by…
Will Fedimints Bring Bitcoin To The World? – Bitcoin Magazine
I. E-Cash Strikes Back Thirty three years ago, the computer scientist David Chaum launched e-cash, a new way for people to spend digital dollars without revealing their personal information. Users plugged their bank card into a terminal to deposit traditional digital dollars into Chaum’s bank — called DigiCash — which issued in return e-cash IOU tokens called “cyberbucks.” These tokens…
Solana said to be ‘more decentralized than people think,’ but there’s more
Solana-based decentralized finance (DeFi) firm Unstoppable Finance argued that Solana (SOL) is more decentralized than what people show it to be. However, there’s another side that believes that the blockchain platform is more centralized. In a blog post, the DeFi firm laid out its arguments, citing the blockchain network’s active validator count, Nakamoto coefficient and its support for validator hardware…
ETH Drops Below $1,400 Support, BTC Hits $21,000 Prior to Federal Reserve Meeting – Market Updates Bitcoin News
Ethereum fell below its recent floor of $1,500 earlier in today’s session, as bearish pressure intensified in crypto markets. Uncertainty in the market has heightened today, as traders prepare for yet another rate hike from the Fed. Bitcoin was also lower for a second consecutive day, as prices were on the cusp of falling under the $21,000 level. Bitcoin Bitcoin…
Is user’s crypto at risk?
TikTok continues to gather a head of steam, with the popular social media application surpassing one billion users in 2022. While daily users blissfully swipe through the latest videos from their favorite content creators, data security concerns continue to ask questions of the Chinese social media behemoth. The company has faced criticism over the past couple years relating to security concerns over…