Crypto news

Residents located in the canton of Zug, one of the 26 cantons in the European country, will be able to use Bitcoin and Ethereum to pay their cantonal taxes as of this week. This comes just months after the canton partnered with Bitcoin Suisse to enable the innovative initiative. CryptoPotato reported the partnership between the two parties in September 2020. At the time, Bitcoin Suisse, the crypto broker headquartered in the same canton, agreed to convert the BTC and ETH holdings to Swiss...

EOS traded as high as $5.600 before correcting lower to $4.000 against the US Dollar.The price is currently trading well above $4.500 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $4.700 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to continue higher above the $5.000 and $5.200 resistance levels.EOS price showing positive signs above $4.500 against the US Dollar, similar to bitcoin. The price...

Litecoin price started a fresh increase from the $200 support zone against the US Dollar.LTC price is now trading well above $220 support and the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $208 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could dips a few points, but there are high chances of a break above the $250 resistance.Litecoin price is trading in a positive zone above $200 against the US Dollar,...

Apple Pay is now creating a path for crypto fans to pay for items and services with digital currencies. The company has partnered with Bit Pay to unveil a new prepaid Mastercard that customers can attach to their digital wallets should they ever wish to purchase items with crypto.Apple Pay Will Potentially Allow Crypto Payments SoonThe idea of using crypto as a payment method has been around since digital currencies were first born over 12 years ago. Initially, it was decided that these...

Wyoming Senator Cynthia Lummis is a huge fan of Elon Musk, the South African entrepreneur behind SpaceX and electric car company Tesla. She’s now asking him to move to her state given that it allegedly boasts the best cryptocurrency laws, and she is confident he can do a lot for the digital asset space.Cynthia Lummis Wants Elon Musk to Work in WyomingElon Musk, while describing himself as “late to the party” in a recent tweet, is undoubtedly a bitcoin bull at this point, having recently...

The age of institutions has arrived. With companies like MicroStrategy and Tesla investing billions of dollars into bitcoin – the world’s number one digital currency – it appears many leading companies are finding the confidence to follow suit, and now Morgan Stanley – one of the most prominent financial firms in the world – will step into the bitcoin fray according to recent reports.Morgan Stanley Is Getting Involved in BTC TradesMorgan Stanley Investment Management’s Counterpoint Global...

Cardano, a decentralized open-source project that runs a public blockchain platform for smart contracts, has recently released a date for its long-awaited Hard Fork Combinator (HFC) event dubbed “Mary.”Cardano To Launch Mary On March 1According to an update on Tuesday by the project’s founder, Charles Hoskinson, the network upgrade will take place on March 1, after the HFC has completed all the quality assurance and developer checks on February 24.Hoskinson stated that the event would take...

[PRESS RELEASE – Please Read Disclaimer]Singapore, Singapore, 17th February, 2021, // ChainWire //99Bitcoins, an educational website that maintains a list of Bitcoin obituaries made by the media, has taken over the Dead Coins project as well. This move effectively crowns 99Bitcoins as “The undertaker of the cryptoverse”.Deadcoins.com was established in late 2017 to document the death of thousands of altcoins that popped up during the cryptocurrency mania of that time. The idea was simple –...

The world’s largest asset manager, BlackRock, is looking into Bitcoin. This was confirmed by the managing director of the company, Rick Rieder, today.Rick Rieder, the managing director of BlackRock, the world’s largest asset manager, confirmed that the company is looking into Bitcoin. “We’ve started to dabble a bit into it,” he said, refusing to put a target allocation the company has.In the interview with CNBC’s SquawkBox, Rieder did say that diversifying one’s portfolio in the current...

MicroStrategy has announced the pricing of its offering of $900 million aggregate principal amount of 0% convertible senior notes due 2027. As it happened the last time the company made such a move, it plans to allocate all funds into bitcoin after the offering closes on February 19th, 2021.CryptoPotato reported yesterday that the NASDAQ-listed business intelligence giant MicroStrategy said it would offer a $600 million convertible senior notes offering to qualified institutional investors....