NayaPay, a Pakistan-based fintech platform, announced today that it has raised $13 million in a funding round led by Zayn Capital. Other global institutions and angel investors, such as MSA Novo, S...

The post 🔴 Jailtime for Crypto | This Week in Crypto – Feb 28, 2022 appeared first on 99 Bitcoins.

 BitMEX executives face prison time, China threatens crypto users with jail and an NFT …

🔴 Jailtime for Crypto | This Week in Crypto – Feb 28, 2022 Read More »

Colorado has set forth a new law that will allow people to pay for taxes and fees with cryptocurrency. Colorado Says “Yes” to Crypto Payments for Tax Fees Governor Jared Polis announced the news late last week, commenting: In Colorado, we’ve been laying the groundwork to be a center of crypto and blockchain innovation for...

The post Colorado Will Allow Residents to Pay Taxes with Crypto appeared first on Live Bitcoin News.

Bitcoin’s usage is only growing, and so too will its usage in real estate transactions — so why not transact with it yourself?

Following the invasion of Russian forces into Ukraine, several countries (i.e., the United States and a number of EU members) have imposed strict economic sanctions on Russia which, among other things, will preclude some local banks from accessing the Society for Worldwide Interbank Financial Telecommunications (SWIFT).

The post With Russia cut off from SWIFT, could Bitcoin play a role in avoiding sanctions? appeared first on CryptoSlate.

Russia’s war on Ukraine seems not to end soon. Ukraine officially accepts all crypto donations like BTC, ETH, USDT and

The post has appeared first on thenewscrypto.com

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media,...

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media,...

As civilians in Ukraine take up arms and build Molotov cocktails, crypto-donations are streaming in from supporters all over the world to help military and relief efforts. With the struggle becoming both physical and cyber, it’s time to take a look at the action on the blockchain. Friends in need. . . Ukraine’s official Twitter […]

Even as armed conflict dominated headlines, crypto's push toward mainstream acceptance continued.

Despite the recent turbulence in the cryptocurrency market, Hedge fund Pantera Capital predicted a surge in bitcoin’s price in the coming weeks. Tax Day Could Propel Bitcoin’s Rally In its report, titled “The Next Mega-Trade,” Pantera Capital pointed out the various reasons why bitcoin (BTC) could resume its bull run soon. One of them being the approaching “Tax Day,” which is on April 18th, 2022. The company reminded that during the previous bull runs of 2013, 2017, 2020, and 2021, bitcoin’s price soared significantly 35 days prior to the event. However, the crypto only incurred losses around that time as investors were selling their holdings to cover their taxes. “That makes some sense. A lot of crypto traders are new to investing. You can imagine a person buying as much bitcoin as they can. Since they’re “all-in” on crypto, the only way to raise cash to pay their tax bill is to sell some crypto. Prices fall leading up to Tax Day,” the report noted. Crypto Could Emerge as a Separate Niche Subsequently, Pantera Capital also believes that crypto industry will emerge as a separate niche on its own, meaning, it will be cut off from traditional financial markets and start trading independently “And so we think over the next number of weeks, crypto is basically going to decouple from traditional markets and begin to trade on its own again,” the Pantera report read. In 2013, Pantera launched the first cryptocurrency fund in the U.S.The same year, the company also launched the first blockchain-only dedicated venture capital fund. Founded in 2003, the firm currently has $4.6 billion in assets under management and has been involved in 95 venture investments.

The post Bitcoin Will Rally Soon, According to Pantera Capital appeared first on Cryptoknowmics-Crypto News and Media Platform.

Bitcoin titan Michael Saylor has pointed out that wars create inflation, cripples commerce which makes the leading cryptocurrency Bitcoin (BTC) compelling. Wars Make Bitcoin Compelling: Michael Saylor The CEO of Microstrategy, Michael Saylor, has pointed out that wars create inflation and cripple commerce. This in turn makes Bitcoin (BTC) compelling as it serves as an alternative to hedge against inflation, according to him. Wars create inflation, cripple commerce, and make #bitcoin compelling. pic.twitter.com/YksI21FcXS — Michael Saylor⚡️ (@saylor) February 24, 2022 One of the common investments behind Bitcoin (BTC) is that it’s a great hedge against inflation. For instance, the number of Bitcoin (BTC) is limited to 21 million, while the number of U.S. dollars typically increases over time. With everything else being equal, if the supply of the U.S. dollar increases, the value of Bitcoin in dollars should also increase. This essentially means that the limited supply of Bitcoin is a good hedge against the increased supply of the U.S. dollar. Over $5M in BTC Raised to Support Ukrainian Army One of the largest non-governmental organizations (NGOs) providing support to Ukraine’s military, Come Back Alive, has received over $5 million in bitcoin donations after Russia launched a full-scale attack against Ukraine. At the time of writing, the wallet address has over 133 BTC. Founded in 2014, the Kyiv-based group provides support to Ukrainian soldiers, including a range of military equipment, training services, and medical supplies. At the same time, the country’s Ministry of Defence has also set up a designated bank account to accept donations for Ukrainian armies in fiat currencies.

The post Wars Create Inflation Making Bitcoin Compelling, Says MicroStrategy CEO appeared first on Cryptoknowmics-Crypto News and Media Platform.