Fitness Guru Jillian Michaels Backs Cardano, Dogecoin

Key Takeaways Celebrity fitness trainer Jillian Michaels disclosed her cryptocurrency investment on Twitter today. Michaels says that she holds $500,000 of Cardano (ADA) and $10,000 worth of Dogecoin (DOGE). Celebrity endorsements of cryptocurrency are on the rise. Share this article Celebrity fitness trainer and TV personality Jillian Michaels revealed her cryptocurrency investment via Twitter today. […]

Samsung Adds 3rd-Party Crypto Wallet Support

Source: Adobe/franz12 The electronics giant Samsung has announced that it will allow users of older Galaxy smartphones that do not feature its crypto wallet app – the Samsung Blockchain Keystore – to use hardware wallets. The company also reorganizes its blockchain division and expands the scope of its phones’ crypto services to allow third-party wallet […]

Green Investments Help Bitcoin Miners Amid Possible Regulatory Crackdown

Source: Adobe/agnormark Regulators have been moving into multiple areas of the crypto industry, and they will – in one way or another – come after crypto mining powered by non-renewables, according to two miners that talked with Cryptonews.com. However, as the concerns, facts, and misinformation over Bitcoin (BTC)’s carbon footprint have reemerged during this cycle, […]

Judge Allows SEC to Seek Info on Ripple’s Overseas XRP Transactions

Key Takeaways Judge Sarah Netburn has rejected Ripple’s motion to dismiss the SEC’s requests with foreign regulators over XRP transactions.  Previously, the SEC had made requests to various foreign regulators to acquire information about Ripple’s overseas XRP transactions. The judge further ruled that the SEC must provide Ripple with copies of the requests it previously […]

Treasury Calls for $10K Bitcoin Transfers to be Disclosed to IRS

Share this article The U.S. Treasury is proposing tough ruling on cryptocurrencies, citing tax evasion risks.  U.S. Treasury’s Crypto Clampdown The U.S. Treasury Department is taking aim at cryptocurrencies.  In a report on tax-enforcement proposals posted Thursday, the government body said that it wants cryptocurrency transactions worth $10,000 or more to be reported to the […]

USD 10K+ Crypto Transfers & IRS, Central Banks on Crypto Volatility + More News

Source: iStock/Pgiam Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.____ Tax news The US Treasury said the Biden administration’s proposal to strengthen tax compliance includes a requirement for transfers of at least USD 10,000 of crypto to be reported to the […]

The Conference.NFT is Coming Soon and You Can Submit Your Creatives

Disclaimer: The text below is a press release that was not written by Cryptonews.com. The world’s first NFT conference coming soon We’re happy to announce our next online event The Conference.NFT. Date: June 17th, 2021Place: OnlineTime: 12 pm – 6 pm CETOrganized by: AroundB, the creators of The Conference.Exchanges. So, you might be wondering: what […]

Surveyed UAE Nationals Keener to Invest in Crypto than Western Expats

Source: Adobe / hatem Younger Emirati respondents are much more bullish than Western expats about the opportunities potentially offered by exposure to cryptoassets, according to a recent survey released by the Dubai-based financial services company Holborn Assets. Carried out online by the UK pollster YouGov, the survey collected answers from more than 1,000 United Arab […]

Overleveraged Crypto Gamblers Did It Again

Source: Adobe/Romolo Tavani The flash crash in the crypto market on Wednesday was heavily exasperated by liquidations and leverage – debunking some narratives along the way. Yesterday, almost USD 9bn worth of trading positions (around 800,000 in total) in the crypto derivatives market were liquidated, per Bybt.com data. Almost USD 4bn of these were trading […]