Category: Cryptocurrency News

The new year is just over a week away, so folks all across the crypto world are thinking ahead to what 2022 will bring to the crypto industry and the world.

The new DOGE PoS version aims to allow anyone to get rewards for their contribution to running the network.

‘Tis the season of giving and Bybit, one of the world’s fastest growing cryptocurrency exchange and trading platforms, wants to give back to its users. Users can now celebrate Christmas with Bybit through Jolly Jamboree, where they can win amazing prizes by completing a series of simple tasks. The festive assortment of gifts in Bybit’s […]

Pro-bitcoin Senator Cynthia Lummis of the United States is planning to present a comprehensive crypto bill next year that will explain how different digital assets will be classified and taxed. Pro-Bitcoin Senator Proposes Crypto Bill Senator Cynthia Lummis, a Bitcoin evangelist, plans to introduce a comprehensive crypto bill in the new year. Lummis’ proposed bill, according to Bloomberg, aims to establish regulatory clarity on stablecoins, instruct regulators on which cryptos belong to which asset classes, and provide consumer protections. In addition, the senator is said to have advocated forming an institution to regulate the crypto market under the joint jurisdiction of the Securities and Exchange Commission and the Commodity Futures Trading Commission. The bill would be one of Congress’ first attempts to create comprehensive crypto legislation, and it would have to pass through a Senate that is divided on the issue. Meanwhile, officials at the Federal Reserve, the Treasury Department, and other agencies are considering their own regulations for various aspects of the cryptocurrency industry. On Twitter, Lummis urged Americans to contact their senators and encourage them to support the bill, adding that she was looking for bipartisan cosponsors. Despite being a staunch conservative who voted against a commission to investigate the Capitol attack on Jan. 6 and against impeaching the former president, the Wyoming worked with Democrats Mark Warner and Kyrsten Sinema to “fix” the definition of broker in the infrastructure bill signed into law in November. Welcome bipartisan cosponsors! Please encourage your senator to reach out and consider it. https://t.co/ndIfFAkj0L — Cynthia Lummis 🦬 (@CynthiaMLummis) December 23, 2021 Any bill introduced in the Senate would need the support of at least 60 senators to be considered for a vote. Democrats currently have 50 of the Senate’s 100 seats, with Vice President Kamala Harris acting as a tiebreaker in the event of a tie. Bitcoin needs to Hold $51k has support. Source: TradingView Related article | Crypto Needs Regulation If It’s Going To Survive, Says SEC Boss Senator Lummis Owns Bitcoin Lummis declared she purchased Bitcoin (BTC) worth between $50,001 and $100,000 as part of the Stop Trading on Congressional Knowledge Act, despite being a pro-Bitcoin advocate before being elected to the Senate. Lummis has been vocal about Bitcoin and its advantages, as well as her support for the technology. In November, the senator drew a line between Bitcoin and other cryptocurrencies, saying that the peer-to-peer monetary network is “fully decentralized” and “clearly a commodity,” while “everything else has to be monitored differently,” comparing their behavior to that of stocks. Lummis has previously chastised her colleagues for voting to raise the US debt ceiling by $480 billion, stating that Bitcoin is a gift from God in the face of bad government policies. Her support for the crypto industry prompted her to write an op-ed for the New York Times, urging Congress to block the nominations of Jerome Powell and Lael Brainard to the Federal Reserve Board of Governors because of their “political approach to digital assets” in her home state, which has passed a number of crypto-friendly laws. Related article | Paraguay’s Passes Bill To Regulate Crypto, Targets Mining Companies Featured image from Pixabay, chart from TradingView

Modest bullishness arguably is what now characterizes the market after some 6% gains overnight for Bitcoin.

I understand what ETH Networks are built to do but I struggle with the how. Anyone on here in Real Estate? How will Ethereum help 'hopefully' disrupt this industry. Many of us are so tired of paying mortgages where over the term of the loan you end up paying for your house three times. Will…
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After all the Jack stuff this week, I thought this discussion between Breedlove and Voorhees was great. Most of you already know who they are, but in case you don't, Robert Breedlove is a non-toxic BTC maxi and Erik Voorhees is an OG bitcoiner who loves ETH too and believes a world with both BTC…
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Well, if this isn’t an example of not too listen to peoples opinions in this sub then I don’t know what is. If you scroll down my posts you will see I wrote a piece earlier this year regarding how lucrative the OSMO airdrop had been to me. You will see from the comments this…
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