[ad_1] Americans wagered $140 million on the 2017 Super Bowl, but if sports betting was legal nationwide, that figure would have been closer to $5 billion, it’s believed. Save for a handful of states such as Nevada, sports betting is outlawed in the U.S., though a Supreme Court ruling last year looks set to change that. In the meantime, decentralized protocols are making it easier than ever for cryptocurrency users
[ad_1] While U.S. investors are waiting for a bitcoin ETF to be approved, American financial regulators are looking to make the market more transparent. The Securities and Exchange Commission (SEC) is seeking a service that will identify the owners of wallet addresses for multiple cryptocurrencies. Also Read: Chainalysis: Two Hacker Groups Stole $1 Billion in Crypto The SEC Wants Crypto Transaction Details The SEC has issued a ‘sources sought notice’
[ad_1] During the first week of the new year, two U.S. representatives from New Hampshire, Dennis Acton and Michael Yakubovich, proposed a bill that would allow the state’s residents to pay taxes with cryptocurrencies. Now after some deliberation, New Hampshire’s House Subcommittee unanimously approved the state’s bitcoin for taxes bill. Also read: US State of Ohio Accepts Bitcoin for 23 Types of Taxes New Hampshire Bitcoin for Taxes Bill Passes Unanimously
[ad_1] It’s no secret that the Bitcoin and the cryptocurrency industry it spawned are currently experiencing the depths of what many are now calling ‘The Crypto Winter’ — a fact reportedly evidenced by this year’s Paris Fintech Forum. The Paris Fintech Forum (PFF) bills itself as “the most exclusive European annual event on digital finance and Fintech.” Last year, the event was packed full of newfound ‘cryptocurrency experts’ and ‘blockchain
[ad_1] Sunday, Feb. 3 — most of the top 20 cryptocurrencies are reporting slight losses on the day by press time. Bitcoin (BTC) is hovering over the $3,450 mark again, according to Coin360 data.Market visualization from Coin360At press time, Bitcoin is down a fraction of half percent on the day, trading at around $3,476, according to CoinMarketCap. Looking at its weekly chart on CoinMarketCap, the current price is about 3
[ad_1] In 2017, as crypto mania escalated, we witnessed extreme cases where individuals decided to make huge bets on bitcoin. Some liquidated all their assets and invested their life savings. Most of these investors were subsequently gored by the same bull that had led them and then rekt during the ensuing bear market of 2018. Knowing your risk appetite and understanding trading psychology are essential before investing in cryptocurrency. Also Read: Back
[ad_1] Although Bitcoin (BTC) has managed to maintain its dominance throughout the bear market, we are seeing some major cryptocurrencies outperform it. This shows that the market has started to favor some coins and disregard the others.We believe that some cryptocurrencies might bottom out even before Bitcoin does. Due to that, it is necessary to be selective about coins if one wants to reap the benefits.When larger traditional investment firms
[ad_1] Lightning Network officially launched almost exactly a year ago at the time of writing, and there’s been a steady increase in the number of nodes on the Lightning Network ever since. Quick Progress Report According to 1ml.com, over the last 30 days at the time of writing, there’s been a 19.6% increase in the number of total nodes (5,500) in the Lightning Network and a 30.8% increase in the
[ad_1] Co-founder and CEO of Twitter Jack Dorsey declared again that he believes Bitcoin (BTC) will be the internet’s native currency. Dorsey made his comments during an interview with American comedian and podcast host Joe Rogan published on Feb. 2.During the interview, Dorsey stated:“[Bitcoin] was something that was born on the internet, that was developed on the internet, that was tested on the internet…It is of the internet.”The Twitter CEO
[ad_1] On Jan. 30, major global banking payments network SWIFT announced it plans to launch a proof-of-concept (PoC) of a gateway — titled GPI Link — that will allow blockchain software firm R3 to connect to SWIFT’s Global Payments Innovation (GPI) payments from its platform.Therefore, SWIFT has made another step toward adopting blockchain, despite having expressed concerns over the technology's maturity in the past. However, SWIFT’s competitors have already voiced
