Saturday, July 2, 2022
  • Login
Crypto Newsmart
No Result
View All Result
  • CRYPTO LIVE PRICE
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETHEREUM
    • NFT’s
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
CRYPTO LIVE PRICE
  • CRYPTO LIVE PRICE
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETHEREUM
    • NFT’s
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
No Result
View All Result
Crypto Newsmart
No Result
View All Result

Reactions to BTC Price Drop

by Crypto Newsmart
in Bitcoin
Reading Time: 3 mins read
đź”´Reactions to BTC Price Drop
20
VIEWS
Share on Facebook

More and more countries push for crypto regulation, FTX launches stock trading and Ethereum is getting closer to the proof of stake model. These stories and more this week in crypto.

G7 Countries Call for Crypto Regulation

G7 countries have called for the swift and comprehensive regulation of cryptocurrency in light of the Terra stablecoin collapse last week. The countries’ finance ministers and central bankers are asking the Financial Stability Board, or FSB, to advance consistent and comprehensive regulation before the next G7 gathering.

Developing Nations Discuss Bitcoin

Central bankers and financial chiefs representing 44 nations met in El Salvador this week to discuss financial inclusion and the digital economy. El Salvador President Nayib Bukele hosted representatives from Africa, Asia and Latin America to share the experiences of the rollout of bitcoin in the country.

El Salvador Expected to Default

Meanwhile the poor global market conditions and Bitcoin’s price slump are hurting the bonds issued by El Salvador’s government. The bitcoin bonds are now trading at 40% of their original value and investors are doubting whether the country can meet its next debt payment. Market conditions have led several credit agencies to downgrade the country’s rating.

Portugal Moves to Tax Crypto

The Portuguese Finance Minister has revealed that the government is looking into the taxation of crypto profits which would bring an end to Portugal’s position as a tax-free crypto haven. The country is studying other European nations’ regulations and working on a framework to prevent gaps for any income gains to be obtained without taxation.

FTX US Launches Stock Trading

Leading cryptocurrency exchange FTX has announced it is expanding its services to stock trading. The company aims to allow select US users to trade and invest into stocks and ETFs with orders routed via Nasdaq. FTX says that stock trades will be commission-free, and that payment for those investments can be made with the stablecoin USDC.

Ethereum’s Merge Scheduled For  August

The most anticipated event in Ethereum’s 7-year history could come in August as the project’s co-founder, Vitalik Buterin confirmed the date of the merge of proof of work and proof of stake chains. The merge has been postponed several times to make sure the network continues to function correctly, but the team wants to avoid any further delay.

Jack Dorsey: Bitcoin is the Internet’s Only Money

Twitter founder Jack Dorsey spoke on Bitcoin’s crucial role in the evolution of his payment firm Block during his keynote speech at the company’s investor day. Dorsey told investors that Block, formerly known as Square, plans to go beyond just payments and build a deep ecosystem around crypto and blockchain. He also stated that Bitcoin is the only native currency of the internet.

Saylor Still Optimistic about Bitcoin’s Price

Microstrategy’s CEO Michael Saylor remains a strong advocate of Bitcoin despite last week’s crash. In an interview, he predicted Bitcoin will go into the millions, maintaining that bitcoin is the future of money. Saylor confirmed that his investment firm is in it for the long term.

Sending Cardano just got easier. If you’re using Yoroi Wallet you can send and receive ADA without long complicated addresses thanks to Unstoppable Domains. Your domain is yours forever with no renewal fees, and it can also act as a login username for the whole world of DeFi. Grab your domain with the link below.

That’s what’s happened this week in crypto, see you next week.

Source link

Why Terra Luna Crypto Crushed Recently? Can Terra Luna Recovery?


  • Trending
  • Comments
  • Latest
Centralized vs Decentralized

Centralized vs Decentralized (Crypto& Exchanges)

27 June 2022
What’s going on with cryptos?

What’s going on with cryptos?

21 June 2022
France facing backlash for Binance regulatory approval, French MEP called the move “surprising and worrying”

France facing backlash for Binance regulatory approval, French MEP called the move “surprising and worrying”

28 June 2022
Binance Announces New Payments Partner Amid Fiat Deposit and Withdrawal Suspension in Brazil – Exchanges Bitcoin News

Binance Announces New Payments Partner Amid Fiat Deposit and Withdrawal Suspension in Brazil

27 June 2022
BTSE Launches BTC and ETH Earn Products

BTSE Launches BTC and ETH Earn Products

27 June 2022
Exchange scenarios

Delivery versus payment on a blockchain

1 July 2022
money id c9a037b4 31e8 4826 8b16 13d7ad8e151c size900

Magic Square Raises $3 Million in Binance-Led Seed Funding Round

1 July 2022
stablecoin regulation

Biden administration official hints at stablecoin legislation that could come into force this year

1 July 2022
Grid blog image 1

101 Blockchains Recognized As G2 LEADER in G2 Summer 2022 Reports

30 June 2022
shutterstock 1063157114

Risk of ‘Significant Drawdowns’ Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum – Bitcoin News

30 June 2022

  • Home
  • Disclaimer
  • Privacy Policy
  • Digital Millennium Copyright Act Policy (DMCA)
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
CRYPTO NEWSMART

Copyright © 2021 Crypto Newsmart.

No Result
View All Result
  • CRYPTO LIVE PRICE
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETHEREUM
    • NFT’s
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT

Copyright © 2021 Crypto Newsmart.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Manage Cookie Consent

We use cookies to optimise our website and our service.

Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
Preferences
{title} {title} {title}