Illustration by Alex Castro / The Verge As cryptocurrency thrives, Bitcoiners seethe by Alex Castro / The Verge: On the last day of the Bitcoin 2022 conference in Miami Beach, comedian Donnell Rawlings starts his routine by noting there are a lot of white people in the audience and then asks if we
The total crypto market capitalization has been holding a slightly ascending trend for the past three months, and the $1.75 trillion support was most recently tested on April 27 as Bitcoin (BTC) bounced at $38,000 and Ether (ETH) at $2,800 on April 27.Total crypto market cap, USD billion. Source: TradingViewThe crypto market’s aggregate capitalization showed…
Senators Cynthia Lummis (R, WY) and Kirsten Gillibrand (D, NY) are proposing a tax exemption for up to a certain level of capital gains on cryptocurrencies, as part of new forthcoming legislation to regulate cryptocurrencies.“We came up with a number of $600 just start out with, but among the things that we're doing is sharing…
In July 2021, specialist police officers in Manchester swooped on an international cryptocurrency scam, seizing USB sticks and an online safe containing £16m worth of digital coins, mostly ethereum.A month earlier, Leicestershire police had confiscated 10 types of cryptocurrency after raiding the home of a drug dealer who used digital assets to buy and sell…
This story is part of Power Money Moves, CNET's coverage of smart money decisions for today's changing world. There's a red-hot tool quickly gaining traction for those looking for a new way to make money. It's cryptocurrency, and players ready to invest in digital coinage should keep in mind its risky, wildly volatile and controversial…
Fidelity, the largest retirement plan provider in the United States, announced plans to offer bitcoin in 401(k) retirement accounts to its accountholders later this year. The company is set to allow investors to allocate up to 20% of their 401(k) accounts to bitcoin, though employers will have the ability to lower that cap, Dave Gray, head…
Who doesn’t like free stuff? Well, those who like cryptocurrency can get their freebies, too. A number of websites offer free cryptocurrency to consumers, and all it takes to get started is a bit of initiative. With crypto’s penchant for price swings, you may get more than you bargained for. And some sites may also…
One of the main narratives of hope for cryptocurrency investors is that there will be a major shift in public perception that sparks a new wave of capital from retail and institutional traders. Unfortunately for these hopeful bulls, data indicates that the opposite has occurred for nearly a year, a fact evidenced by the declining rate of…
Bigger players haven’t figured out peer-to-peer crypto either. PayPal and Venmo (which PayPal owns) have claimed to support crypto since early 2021. But a closer look at their services reveals that though the platforms allow US customers to buy, sell, or trade crypto—invest, basically—they can’t send crypto to other users or pay directly with coins.…
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part…
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