MetaMask is reportedly testing a blockchain payment card with Baanx-issued Mastercard that will allow users to spend crypto for everyday purchases around the world. #MetaMask #baanx #mastercard #blockchain #card
The US Treasury is reportedly proposing new tax rules for digital assets, including a 30% excise tax on miners' electricity costs and closing fake trading loopholes for all digital assets.
These proposals are in line with President Biden's budget plans and aim to address environmental concerns and tax evasion in the crypto market. #BitcoinDunyamiz #ABD
Coinbase is reportedly filing in court to push the SEC into the crypto regulatory process, citing legal violations and lack of explanation for its rejection. #coinbase #SEC
Bitcoin Ordinals, which are NFTs inscribed with Satoshi, have seen sales volume rise to $1.6 billion with 200,000 unique buyers in the last three months.
OKX dominated sales, but Magic Eden emerged as the second largest marketplace.
During the same period, more than 16 million Ordinals were registered by 1.2 million unique addresses, resulting in payments of 3,000 BTC in transaction fees. #satoshi #NFT #Bitcoin #MAGIC #OKX
According to Fortune, a16z, one of the world's leading VC investors, invested $100 million in Kickstarter in 2021, launching the firm into a blockchain-based startup built on Celo (for which a16z served as both a Series A and Series B investor). pushed him to transform. However, the initiative failed and no part of Kickstarter was converted into a blockchain-based solution. #a16z #crypto
According to data, digital asset investment products witnessed record weekly inflows of $2.7 billion:
⚫ Bitcoin continued to attract investors with $2.6 billion inflows representing 14% of total AUM ⚫ Solana recovered with a $24 million entry after a period of negative atmosphere ⚫ Ethereum experienced a small outflow of $2.1 million, in contrast to the positive sentiment towards other altcoins ⚫ Other altcoins such as Polkadot, Fantom, Chainlink, and Uniswap have seen significant inflows, indicating diversified investor interest. #solona #Ethereum(ETH) #Uniswap #altcoinler
According to journalists, Telegram has reached 900 million users worldwide. Additionally, Pavel Durov said:
“We hope to be profitable next year, if not this year.”
Pavel also added that the company "has been offered a valuation of over $30 billion" from potential investors but has declined to sell Telegram while it explores a future IPO. Added:
“Overall, we see value in the IPO as a way to democratize access to Telegram's value.”
The Central Bank of the Philippines plans to complete Project Agila, a wholesale CBDC pilot project involving six local financial institutions, this year.
MicroStrategy announced that it purchased 12,000 Bitcoins for approximately $821.7 million in cash during the period between February 26, 2024 and March 10, 2024.#Bitcoin
CryptoQuant CEO noted that the current Bitcoin bullish cycle has yet to see significant corrections, largely due to institutional capital inflows.#Bitcoin
Fueled by crypto operations, South Korea's K Bank is reportedly planning an IPO, fueled by the rise of Bitcoin and a customer base exceeding 10 million. #kripto #defi #web3 #bitcoin
Ten financial institutions will reportedly apply for spot Bitcoin ETFs in Hong Kong, while discussions for spot ETH ETFs continue.#kripto #defi #web3 #Bitcoin
South Korea's National Tax Service is reportedly planning to launch a virtual asset management system in 2025 to prevent tax evasion using virtual assets.
This week, the US will release important inflation data, while CME predicts there is a 97% chance that the FOMC will leave interest rates unchanged on March 20.