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Fidelity Lets Customers Fund Their 401Ks with Crypto, but Not Everyone’s Happy

Not long ago, Fidelity Investments announced that customers would be able to invest in crypto like bitcoin through their 401Ks and retirement accounts. In addition, several businesses offering 401Ks to their employees could soon see these individuals purchase assets like BTC, ether, and maybe even Dogecoin through their company-funded retirement profiles. Fidelity Moves Forward with Crypto The news was widely welcomed in the crypto space, with many analysts saying it...

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Bitcoin Spikes After Fed Says It Won’t Hike Rates That Much

The bitcoin price has been going through some tough times in the month of May. The currency has been trading in the high $30,000 range after several market factors – including rumors that the Fed was going to hike rates and growing conflict in eastern Europe between Ukraine and Russia – took the world’s number one digital currency by market cap down nearly 50 percent from its November 2021 high. At that time, BTC was trading at nearly $70,000. The Fed Won’t Hike Rates...

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LBank Exchange Will List FidoMeta (FMC) on May 23, 2022

INTERNET CITY, DUBAI, May. 19, 2022 – LBank Exchange, a global digital asset trading platform, will list FidoMeta (FMC) on May 23, 2022. For all users of LBank Exchange, the FMC/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on May 23, 2022. As the world’s first virtual financial institution on metaverse, FidoMeta (FMC) focuses on creating businesses in the world of VR (Virtual Reality), with products and services including Fido Markets, Fido...

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Despite Dips, Michael Saylor Is Still a BTC Fanatic

Despite the many losses his company has incurred due to bitcoin’s price swings, Michael Saylor of MicroStrategy says he remains a bitcoin fan and he’ll never doubt the asset’s abilities. Michael Saylor Still Trusts Bitcoin At the time of writing, bitcoin – the world’s largest and most popular cryptocurrency by market cap – has dropped to around $39,000 per unit. This may not seem bad on paper, but when one considers the fact that the asset was trading for just shy of...

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ETHAX: 75% of Traders Want Nothing to Do with BTC Unless Regulation Is in Place

A new research study conducted by ETHAX – a regulated and licensed crypto firm – suggests many adults are in favor of crypto regulation and aren’t looking to trade any bitcoin without proper protocols in place. ETHAX Sets the Tone for Regulatory Compliance Regulation is something of a two-sided coin (pardon the pun). On one hand, the crypto space has been riddled with crime since it first came about. We all remember the early days of Coincheck and Mt. Gox, which occurred...

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Bitcoin Pizza Day rückt Kursabfall ins rechte Licht

Der alljährliche Bitcoin Pizza Day findet morgen, am 22. Mai, statt. Er zelebriert den Kauf einer Pizza mit Bitcoin, der vor 12 Jahren stattfand und die erste Transaktion eines physischen Produktes gegen Bitcoin symbolisiert. Der Wert, den der Preis der Pizza in Bitcoin heute hat, rückt den aktuellen Kursabfall ins rechte Licht. Bitcoin News: Bitcoin Pizza Day rückt Kursabfall ins rechte LichtVor 12 Jahren war Bitcoin noch eine verrückte Idee, mit der sich nur die wenigsten befassten. Es war...

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Erster Juwelier Mintet eigene NFT-Serie

Crypto Gold Nuggets Zur Feier ihrer 100-jährigen Bestehens ist das Zürcher Traditionsunternehmen Spitzbarth durch Raum und Zeit gereist, um in den digitalen Alpen seltene Krypto-Gold-Nuggets zu schürfen. Den Stoff, aus dem Träume gemacht werden. Das Schweizer Unternehmen Spitzbarth Juwelier feiert dieses Jahr sein 100-jähriges Bestehen. Anlässlich ihres Jubiläums sind die Gold- und Silberschmiede aus Zürich der Frage nachgegangen, wie sich ihre...

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Wie riskant sind Kryptowährungen? Die Fakten!

Der Handel mit Kryptowährungen birgt Risiken. Wie die Faktenlage tatsächlich ist, das geht aus einem neuen Handelskontor-Beitrag hervor. Unter der Lupe: Bereiche Volatilität, Blasengefahr, Politik, Scams, Umwelt und Stablecoins. Volatilität Klar ist: Kryptowährungen sind in ihrem Wert äusserst unbeständig. Dies gilt sowohl für den Bitcoin, als auch – hier umso mehr – für Altcoins. Seitdem Allzeit-Hoch vom 10. November 2021 hat die wichtigste Cyberdevise, der Bitcoin, 57 Prozent an Wert...

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a16z Launches a $600 Million Game Fund Backed by Roblox and Blizzard

Renowned VC firm – Andreessen Horowitz (known as “a16z”) – announced launching a $600 million fund, GAMES FUND ON, dedicated to investing in the gaming industry. It has garnered support from industry leaders, including the founders and cofounders of Roblox, Blizzard, Riot Games, Discord, Twitch, and more, for building the next generation of digital games. a16z’s Game Endeavors The leading VC firm a16z said the latest move is based on the belief that games are “driving...

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Indian Crypto Industry Reps Call for Reduction in Certain Taxation Rules

The call for reducing Tax Deduction at Source (TDS) on crypto transactions is intensifying among the crypto ecosystem players in India. A TDS of 1% on virtual digital assets has been approved by the Union budget 2022-23. Terming this too high as it can drive traders away from the market and hurt volumes, industry representatives are demanding to bring it down in the range of 0.01% to 0.05%.  Unocoin, CoinDCX CEOs Call for TDS Reduction Sathvik Vishwanath, co-founder and CEO...

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