Regulation
Nintendo President Vague on Company's Metaverse Plan
Shuntaro Furukawa remains noncommittal to the Metaverse, while investors target Nintendo stock as an undervalued Metaverse play. Source link
Month: February 2022
Market Analysis
New Bipartisan Tax Bill to Alleviate IRS Reporting Burden
The new tax bill removes the burden of reporting micropayment transactions during the tax season in the U.S. Representative Suzan DelBene and David Schweikert have submitted a bill regarding a tenable tax framework for cryptocurrency […]
Market Analysis
NFTs Can be Used for Money Laundering, Says U.S. Treasury Department
A new report by the United States Department of the Treasury has revealed that the burgeoning non-fungible token space could be a conduit for money laundering. It says in the report that the increasing use […]
Regulation
Russian Government to Present Regulatory Scenarios for Cryptocurrencies Within a Week, Report – Regulation Bitcoin News
The federal government of Russia should be ready with different regulatory scenarios for the country’s crypto market by the end of next working week, documents from a recent meeting have indicated. The executive power in […]
Bitcoin
Dave Portnoy Is Now A Bitcoiner, Thinks You’re An Idiot If You Don’t Hold Any
A few days ago, Dave Portnoy returned to Bitcoin with an almost $1.1M buy of 29.5 BTC. Today, he thinks “you are an idiot if it’s not part of your portfolio.” The Barstool Sports owner […]
Regulation
US Lawmakers Introduce ‘Virtual Currency Tax Fairness Act’ to Boost Cryptocurrency Use for Payments – Regulation Bitcoin News
Several U.S. lawmakers have introduced the Virtual Currency Tax Fairness Act to strengthen “the legitimacy of cryptocurrency in our digital economy.” The bill also aims to expand the use of cryptocurrencies for payments. Virtual Currency […]
Bitcoin
Bitcoin Begins Bounce From 7-Year Bull Trend Line — Is This The Bottom?
Bitcoin price is now above $40,000, up more than 20% from the lows set in late January. Despite the recovery, common sentiment across the crypto community, analysts, and more is that the bottom is nowhere […]
Market Analysis
‘Market Reversal Indicator’ Shows Bullish Market for First Time Since November
On-chain analyst @TheRealPlanC completed several months of work on his Market Reversal Indicator for crypto investors, showing a bullish market for the first time since late November 2021. On-chain analysis is a testing ground for […]
Bitcoin
McDonald’s Marks Local Bitcoin Bottom With Crypto Tweet
Bitcoin continues to display bullish price momentum as it has managed to reclaim the lows around $40,000. The benchmark crypto has been slowly recovering after a violent downside move which shocked traders and market participants. […]
Politics
IRS Calls on Congress to Strengthen Crypto Disclosure Rules
The IRS published a letter addressed to state senator Maggie Hassan (D-NH) calling on Congress to strengthen its cryptocurrency disclosure rules to help prevent cyberattacks. The letter, dated December 21, comes in response to a […]