Category: Cryptocurrency News

submitted by /u/sguNeerF [link] [comments]

Hi, everyone. I am fairly new to crypto but I’ve always had an interest in it. I am selling something, and the person is paying me in ethereum. I’m wondering if I have to pay gas fees for receiving the eth? And if not, do the gas fees that the sender pays come out of…
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At the WEF’s 2022 Davos agenda, Narendra Modi, Indian Prime Minister, called for a united global stand to tackle the issues emerging from the cryptocurrencies’ increasing adoption. The key takeaway of the Indian PM’s talk was, “A single country cannot tackle the challenges from crypto well enough.” Call For A Standard Global Approach Talking for all intents and purposes at the World Economic Forum’s 2022 Davos Agenda on Monday, the Indian Prime Minister discussed several challenges, including a requirement for a common global practice to deal with cryptocurrencies. He said at the WEF agenda; “The kind of technology that is associated with it, the decisions taken by a single country will be insufficient to deal with its challenges. We have to have a similar mindset.” Despite not having significant industry regulations and laws for protecting investors, crypto trading in India keeps gaining traction. Due to profoundly different perspectives of crypto industry representatives and financial sector regulators, the government plans to pass a bill in this challenging situation to protect investors better. The India PM added, “Cryptocurrency is an example of the kind of challenges we are facing as a global family with a changing global order. To fight this, every nation, every global agency needs to have collective and synchronized action.” Modi Government Undecided On Crypto Bill In December 2022, during the winter session parliament discussion, the crypto bill was the top priority for the debates. Still, the government could not finalize things because it could not stand firm on a few critical issues. Related Reading | India: A Back & Forth Affair With Cryptocurrency According to some sources, the government concluded that they would look for worldwide help figuring out a common approach. Still, the authorities have not yet confirmed why they failed to produce the bill to parliament. Total market cap at $1.977 trillion | Source: Crypto Total Market Cap on TradingView.com Modi’s Recent Speeches And The Crypto In the last quarter’s time span, the Indian Prime Minister has spoken at several world forums many times, but he never talked about this issue to the local audience in India. In November 2021, at the Sydney Dialogue, Modi, in his speech, forewarned that we must protect emerging tech from any mishandling. Likewise, during the US President Joe Biden-facilitated Democracy Summit, Modi said emerging technologies ought to ensure a majority rule system, not subvert it. Emphasizing his stance on the matter at the WEF’ Davos Agenda 2022, Modi noted, “He reiterated this stance during his WEF speech yesterday. “That’s why every democratic nation has the responsibility to bring about an emphasis towards reforms in these institutions to make them capable enough to deal with modern challenges in the future.” The event in question, Davos Agenda of the WEF, is being held from 17-21 this month, January 2022. Several state heads are lined up to address the event. Related Reading | How India Sees Crypto: Large Exchange Shows 10x Growth In User Base International organizations, top industry leaders, and civil society will also participate in the summit. It aims at the deliberations on critical challenges that the world faces today and discusses how to tackle them. Chart from TradingView.com

Hello all, in 2017 I bought a name over the EN-Service and somewhat forgot about it. Recently I remembered and looked it up, because I thought about selling it or whatnot. But to my surprise it looks like there's a new owner of the name? I don't really understand the Ethereum "Actions"-terminology in the transactions…
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I just want to send my £150 back to my Coinbase account but the fee is supposedly £100 give or take. What can I do to reduce this fee to its lowest? submitted by /u/Callofdave_34 [link] [comments]

submitted by /u/zsnell [link] [comments]

I remember a few months ago people were so bullish on crypto and every few days there was a new crypto everyone was shilling, but now people are wondering if we are in a bear market and barely anyone is talking about a certain altcoin they found. Imo we are still in a bull run,…
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While I understand that this sub has a strong bias against Dogecoin, deliberate spread of misinformation should be against the sub rules. This thread is a deliberately misleading attack on Dogecoin, very obviously by someone who wants it to lose value: https://www.reddit.com/r/CryptoCurrency/comments/s798gh/doge_has_a_single_wallet_with_more_than_2317_of/ The giant boogeyman wallet is most likely held by Robinhood as a custodian…
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Hello, Use case: Is there any decentralized app/exchange with which I could convert crypto to USD or EUR and send it to a bank account without passing through centralized exchanges? Thanks ! Cheers. submitted by /u/DaBTemplar [link] [comments]

Another day, another massive company entering the cryptocurrency space. Google is making moves to boost up the profile of their Google Pay service, and, of course, crypto is in the mix. The company hired Arnold Goldberg, ex-Senior Vice President at PayPal, “to run its payments division.” That’s according to Bloomberg, who broke the story.  “The move is part of a broader strategy to team up with a wider range of financial services, including cryptocurrencies, said Bill Ready, Google’s president of commerce. The business, known for the Google Pay system and mobile wallet, has largely avoided the crypto industry.” Related Reading | Bitcoin Still Overtook Trump, VISA, PayPal, and Libra on Google Search in 2019 Until now, that is. The company is cautiously entering the cryptocurrency space and NewsBTC is here to tell you what you should know about it. Google’s Many Failures The company’s financial division hasn’t been the most successful. Their Google Pay service is far behind its competitors, and facing a crowded space with many players trying to get ahead. Recently, Alphabet Inc. partnered with 11 banks for an initiative called Plex, and canceled everything at the last second. “We’re not a bank — we have no intention of being a bank,” said the company’s president of commerce Bill Ready in a recent interview. On the other hand, the company has a lot going for it:  “Google does have enormous consumer reach and a huge balance sheet. The technology giant takes no fees on transactions with its mobile wallet, and Ready said there are no plans to change that.” Alphabet Inc. price chart on Nasdaq | Source: TradingView.com What Will The Company’s Crypto Play Consist Of? Let’s be clear about this, the technology giant is only testing the waters. They haven’t announced anything crazy, nor are they developing technology themselves. Still, it’s a great improvement from their “largely avoided the crypto industry” policy. What are they doing, exactly? “Google has partnered with companies, including Coinbase Global Inc. and BitPay Inc., to store crypto assets in digital cards, while still having users pay in traditional currencies. Ready said Google is looking to do more of these partnership, though the company still isn’t accepting crypto for transactions.” Since that’s a little vague, Yahoo! Finance elaborates on the matter: “Late last year crypto platform Bakkt said its virtual Visa debit card would be available for use on Google Pay online and in stores. Bakkt’s Google Pay support follows in the footsteps of Coinbase, which rolled out support for Apple Pay and Google Pay for its Coinbase Cards earlier this year. Google is also working with Bitpay and Gemini to support their crypto cards, meaning that people who use these cards can add them to Google Pay.” To further emphasize the lightness of the company’s crypto play, Bill Ready told Bloomberg: “Crypto is something we pay a lot of attention to. As user demand and merchant demand evolves, we’ll evolve with it.” How Did The Market React To Google ‘s Announcement? As soon as the article went live and the news started spreading through the Internet, both Bitcoin and Ethereum’s prices spiked for a little while. Then, as people read exactly what Google announced, the excitement wore off. The two leading cryptocurrencies have been trading horizontally, lightly trending downwards for a while. And this announcement wasn’t strong enough to change that. Related Reading | Coinbase Adds Option To Buy Crypto With Apple Pay, Google Pay To Follow Maybe it should’ve been, though. Featured Image by PhotoMIX-Company on Pixabay | Charts by TradingView