Category: Cryptocurrency News

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Last week, anyone who had a .eth address got rewarded with $ENS tokens. Receiving free money from airdrops is nice, but there is one annoying thing about it: it needs to be reported on your tax return! Here’s what I’ve learned about how airdrop taxes work. I should note that I’m not a tax professional…
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AMC has now officially become the first theater chain to accept Bitcoin, Ethereum, and cryptocurrency payments on its platform. This has been a long time coming after CEO Adam Aron had first announced the entertainment giant’s plans to accept crypto payments by the end of the year. The announcement had said that it would accept crypto payments online for both movie tickets and concessions. Crypto Payments On AMC Are Official Everything on AMC’s end looks to have worked right on schedule as the annulment three months ago had stated that the company would begin accepting crypto payments in the fourth quarter of the year. Aron took to Twitter to announce the exciting news that AMC had in fact begun receiving payments in four cryptocurrencies. These included Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. Big newsflash! As promised, many new ways NOW to pay online at AMC.  We proudly now accept: drumroll, please… Bitcoin, Ethereum, Bitcoin Cash, Litecoin. Also Apple Pay, Google Pay, PayPal. Incredibly, they already account for 14% of our total online transactions! Dogecoin next. pic.twitter.com/a7pqYBm7HB — Adam Aron (@CEOAdam) November 12, 2021 Related Reading | SpaceX Dogecoin-Funded DOGE-1 Mission Set To Launch In Q1 2022 At first, Bitcoin was the only crypto that was to be accepted by the change but further reviews had seen the theater chain add more options due to popular demand. One of the reasons being bitcoin carried high transaction fees and would not be the most ideal option for carrying out small transactions. Not long after the bitcoin announcement, CEO Adam Aron had announced that Ethereum, Bitcoin Cash, and Litecoin would be joining the lineup. Doge begins another recovery trend | Source: DOGEUSD on TradingView.com Other additions came later after Aron had carried out a poll on Twitter. In the poll, he asked the community if they would like to see the popular meme coin Dogecoin accepted and the majority had voted yes. So AMC had incorporated Dogecoin payments for gift cards and plans to introduce Doge payments for movie tickets and concessions. When Are Dogecoin And Shiba Inu Payments Coming? In the announcement tweet, Aron had said that Dogecoin payments were coming. There was no definite timeline given for this but with four cryptocurrencies already in operation, speculations are it would not be too far in the future. However, Aron had said nothing about its latest addition to its crypto lineup; Shiba Inu. Related Reading | AMC Theatres Says Customers Will Soon Be Able To Pay With Shiba Inu The CEO had carried out another poll on Twitter, but this time for Dogecoin’s rival Shiba Inu. Once again, the majority had voted in favor of adding the meme coin as a payment method and Aron had confirmed in an earnings call that it would be implementing Shiba Inu payments in the future.  The SHIB community inquired about when they should expect to be able to pay with their coins, but there has been no update from AMC regarding the matter. Google Pay, Apple Pay, and PayPal were also introduced alongside cryptocurrency payments. Featured image from Bloomberg, chart from TradingView.com

Senior ETF analyst at Bloomberg Eric Balchunas said he gave the odds of the SEC approving the VanEck fund at less than 1%.

Miami is going one step further in embracing cryptocurrency. In fact, the city will soon be handing out free bitcoin (BTC) to all its residents. This was announced yesterday by Miami Mayor Francis Suarez in an interview with CoinDesk. ​ https://preview.redd.it/k6i4dzq217z71.png?width=500&format=png&auto=webp&s=484851df34afd91a13fac8acfb2cd77e399e3a08 Miami launched the MiamiCoin last August, issued by CityCoins. This allows residents to invest…
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Is there any apps that you use that give you a notification when the gas fee dip below a certain level? Me checking gas fee every few hours doesn’t cut it submitted by /u/levi97zzz [link] [comments]

Hey all, there are some exciting developments announced on the new Mysterium website i’d like to share. If you are interested in researching alts with products you can try out, perhaps you might enjoy this post! The Old: Mysterium’s live product is an open-source, blockchain powered VPN which is rather successful at 300k+ downloads on…
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Beijing, China, November 12, 2021 – AGM Group is aware of a lawsuit filed by Canaan on November 3, 2021, which names its affiliate HighSharp and Sichuan Yibimei  Technology Co. for patent infringement. Canaan has requested both companies halt their infringing practice and compensate for economic losses and expenses to the tune of RMB 90 million. The patent in question was filed by Canaan Technology and registered by the China National Intellectual Property Administration and remains legally valid to this day. In the appeal, Canaan alleged that cryptocurrency mining machines designed and manufactured by HighSharp and distributed by Yimbimei had involved patented processes held by the company. HighSharp is said to have applied existing and legally protected patent without obtaining permission from Canaan, thereby infringing on its patent rights. HighSharp is yet to make a public response to these allegations brought forth by Canaan. AGM Group And HighSharp AGM Group entered into a strategic partnership in 2021 to bring the latest generation chips and production services to the mining industry. In September this year, the two companies announced a six-month strategic cooperation agreement, the terms of which include that Highsharp will license AGM for priority use of its latest generation of chips and production services; while AGM commits to developing relevant business customers and complete orders of at least US$100 million within the cooperation period; after reaching the sales goal, the two sides will build a joint venture to development exclusive chip for AGM. About AGM Group AGM Group Holdings Inc., is a financial integration company focused on high-performance chip solutions. Headquartered in Beijing, China, the company provides chip design, chip research, and development, and produces crypto mining hardware. AGM Group Holdings Inc. which trades on the NASDAQ with the ticker AGMH also provides fintech software services. AGMH aims to be a major player and contributor to the global blockchain ecosystem. About HighSharp Found in 2016, HighSharp operates businesses including R&D of servers and computers, machine assembly and sales, as well as the technology development and sales of electronic components, integrated circuits, and instrumentation accessories. Angaomeng Holding (AGMH.US) is an integrated technology company that focuses on high-performance ASIC chip solutions, including chip design, chip development, and cryptocurrency miner production.

In a quite recent tweet from Plan B he confirmed that he is still holding onto his Predictions. Also he pulled down the S2F model to 100k by December, originally it was 100k by mid cycle and he thinks that this cycle will go over December. All this is not his actual model. His actual…
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