The UK Chancellor of the Exchequer, Rishi Sunak, is reportedly considering a big hike to capital gains tax in tomorrow's Budget—a move that would have a significant impact on cryptocurrency holders. "Whilst Bitcoin might not be directly on the Chancellor’s radar, if...
Decrypt News
Why Vitalik Buterin is Known as the ‘V God’ in China
In China, Vitalik Buterin is known as V神—the V God. Like most nicknames, this one, for Ethereum’s co-founder, is meant to be somewhat amusing. But, again, like most nicknames, the name conveys the reverence many show the 27-year-old. China has a huge and vital...
Optimism Floods Back to Crypto As Bitcoin Passes $900 billion
The market recovery continued across crypto today as assets are enjoying renewed confidence from investors. Global market cap gained 5% in the last 24 hours, putting it back above $1.5 trillion. Total market cap has gained $200 billion in the last 48 hours after last...
Grayscale Bought 80% of All Litecoin Mined in February
Crypto fund manager Grayscale Investments has bought the majority of Litecoin mined last month, data from markets tool Bybt shows. Grayscale currently holds over 1.44 million Litecoin ($248.33 million), making it the firm’s third-largest crypto holding after Bitcoin...
Cboe Applies to List First Bitcoin ETF in US
In the closing days of 2020, investment firm VanEck filed an application with the US Securities and Exchange Commission (SEC) to form the VanEck Bitcoin Trust, an exchange-traded fund (ETF). Equities market operator Cboe BZX Exchange has now filed a proposal with the...
Mark Cuban’s Shark Tank Co-Host Mr. Wonderful Pulls 180 on Bitcoin
First, Mark Cuban got into Ethereum. Now his Shark Tank co-host has announced his arrival to Bitcoin. Canadian businessman Kevin O’Leary, known to fans of the investor reality show as “Mr. Wonderful,” said today he will invest 3% of his portfolio in Bitcoin despite...
Damien Hirst Is Now Accepting Bitcoin and Ethereum for His Art
Damien Hirst—the British artist known for his preserved shark piece, The Physical Impossibility of Death in the Mind of Someone Living—has said he’s now taking Bitcoin and Ethereum as payment for a new run of prints. “For the first time, I’m accepting Cryptocurrency...
Visa: 25% of Latin Americans Want to Pay With Cryptocurrencies
Latin Americans want cryptocurrencies, and not just as hedges for inflation or savings. They want to be able to spend them, too. A recent Visa survey shared with Brazilian media revealed that 25% of all credit card users in Latin America would like to experiment with...
Link Marines Have A New Way to Make Money With Chainlink
The cryptocurrency space is still largely dominated by the original king of crypto in Bitcoin, but a few newer entrants have carved out strong followings of their own. Among them is Chainlink (LINK), which had a monster year in 2020, skyrocketing in price by over...
Goldman Sachs to Resume Trading Bitcoin Futures in Mid-March
Goldman Sachs has revived plans to open a trading desk for cryptocurrency, and will begin dealing Bitcoin futures contracts by mid-March, a person close to the banking giant told Decrypt on Monday. The decision, first reported by Reuters, is significant because it...