We at TheCoinRise are back with another daily crypto news roundup for December 20 with all the market sentiment, regulatory comments, collaborations, and disputes. After the weekend’s slight green spots, the crypto market is again bleeding, with the largest cryptocurrency Bitcoin going down by 3% in the last 24 hours. The total crypto market capitalization is […]
The legendary electronic component selling company, which is known for its specialization in hardware, RadioShack, has turned 100 years old this year and has announced the launch of a DeFi protocol and an NFT collection, embracing the world of digital assets to celebrate the memorable year. The company modified its Twitter bio and website to […]
The social media giant Instagram is exploring the integration of the non-fungible tokens (NFT) on its platform, says the company’s Chief Executive Officer (CEO). Instagram’s CEO, Adam Mosseri, said the platform is looking at NFTs and how it might make them more accessible to its ever-expanding user base. According to reports, Mosseri made the remarks in […]
The virtual reality-based metaverse mania has begun to dominate mainstream headlines, especially since Facebook’s recent rebranding to meta. Recently, Decentraland (MANA), the crypto market’s most popular metaverse project, has announced a major partnership with NBA champion Stephen Curry and his key sponsor, Under Armour. Curry, who recently set the NBA record for highest three-pointers made, is […]
The Economic Times insider reported about yesterday’s Central Board of Directors of Reserve Bank of India (RBI) meeting, which took an unexpected turn when RBI presented its opinions on an absolute ban on cryptocurrencies. The anti-crypto stance of RBI is nothing new which recently talked about digital fraud and CBDC launch. After the exclusive speculation […]
As the tax season is coming close, countries worldwide are looking for a better tax structure. The U.S. Internal Revenue Service (IRS) focuses on crypto investors and its Form 1040. The federal government requires investors to record taxable transactions involving digital assets. These transactions include crypto compensation, crypto mining prizes, and free coins. Although the IRS […]
Announcing the launch of its initial stake pool offering, or ISPO, on December 15, Genius Yield, the famous decentralized automated market maker and liquidity management protocol built on the Cardano (ADA) blockchain, talked about the process on December 15. The fundraising campaign will run for six months, from December 15, 2022, through June 15, 2023. […]
With Bitcoin and the rest of the crypto market going green since yesterday, the market is suddenly optimistic about its future. Ricardo Salinas Pliego, the owner of the Mexican retail giant Elektra, revealed earlier today that Bitcoin would soon be accepted as a payment method. On Twitter, Ricardo claimed that the company is the first […]
Jay Clayton, the former chairman of the Securities and Exchange Commission or SEC, was appointed to the position by ex-President Donald Trump in 2017. Clayton frequently supported Bitcoin (BTC) as a store of value throughout his time as the SEC’s chairman. He discussed crypto and how it should be controlled in the future during an […]
Circle, the business that developed the USDC stablecoin, announced a collaboration with public charity organization Endaoment to establish a disaster relief fund. The fund will be used to assist communities in the mid-western United States that were hit by fatal tornadoes last week. The two organizations seek to raise $1 million in grant money to […]
The market looks strong and promising as all the major coins have started an upward rally. We at TheCoinRise are back with another daily crypto news roundup for December 16 with all the market sentiment, regulatory comments, collaborations, and disputes. Crypto investors, finally after the last few days, are seeing greenery in the market as most of […]
The government of Thailand is working on a new regulatory framework for cryptocurrencies such as Bitcoin (BTC) and other digital currencies to reduce risks and increase investor safety. A consultation paper on the cryptocurrency industry will be released by the Bank of Thailand (BoT) in January, said its governor, Sethaput Suthiwartnarueput, during an interview with […]
The American social news aggregator and content creating platform Reddit announced on Twitter that it had submitted a draft registration statement with the United States Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of its common stock in a confidential manner. There is yet to be a determination made on the […]
The International Monetary Fund (IMF) chief Gita Gopinath on December 15, expressed her thoughts on the state of crypto. Digital currencies are proving to be a challenge for emerging nations, according to the IMF’s president, and strict regulations are essential. She did agree, however, that the IMF does not have the authority to ban cryptocurrencies. […]
The market slipped down after having a good start earlier today, resulting in yet again a bleeding day. We at TheCoinRise are back with another daily crypto news roundup for December 15 with all the market sentiment, regulatory comments, collaborations, and disputes. The market seemed green today morning when investors crossed their fingers to breach […]
According to a blog post published on Tuesday, no-fee trading platform Robinhood has announced the acquisition of cross-exchange trading platform Cove Markets to make it easier for customers to manage their cryptocurrency accounts. The financial terms of the deal were not revealed at the time of publishing. Thrilled to welcome the @CoveMarkets team to Robinhood! […]
The sustainable bitcoin mining and energy technology company CleanSpark reported a 400% increase in total revenue for its fiscal year 2021. However, it also reported a net loss of $21.8 million, or $0.75 per share, in the same period, the company said on Tuesday. CleanSpark generated $49.4 million in revenue for the fiscal year that ended on […]
Senator Elizabeth Warren from Massachusetts, who is known for criticizing crypto, recently again was forthright in her criticism on decentralized finance (DeFi). She displayed her concern about the impact of a run on stablecoins on the average investor. In a hearing with the Senate Banking Committee on Tuesday, where they were discussing stablecoins, Warren questioned […]
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