Many Salvadorans are unhappy about the way it was made an official currency. Decentralized finance makes it easier for virtually anyone to take advantage of financial markets without the need for a bank, but there are new risks as well. Jurisdictions have long contended with the threat cryptocurrencies pose to central banks’ power over monetary policy. On Monday, the team behind the Solana Web3 wallet platform Phantom announced it had raised $109 million in a Series B fundraise.That said, Meta has played an outsize role in the initial phases of the project. After the network is launched, Meta says, the social network's role and responsibilities will be the same as those of any other founding member. If you're wondering how to avoid taxes from selling crypto that's appreciated significantly, one answer might be in a donor-advised fund. Cryptocurrency is a volatile market, do your independent research and only invest what you can afford to lose.Microstrategy Ceo Views Stock favorably As A Bitcoin Play, But Says It Should clearly Be Valued For Its Software BusinessBitcoin mining startup GRIID has inked a deal with the world’s largest chipmaker, Intel, to mine Bitcoin using energy-efficient methods, FOX Business has learned. Cryptocurrencies were mixed early Tuesday morning with Bitcoin higher, but rivals Ethereum and Dogecoin both logging losses. Facebook’s ambitious effort to bring cryptocurrency to the masses has failed.There have been a few cases where artists have decided to not sell NFTs or to cancel future drops after hearing about the effects they could have on climate change. Thankfully, one of my colleagues has really dug into it, so you can read this piece to get a fuller picture. Whatsapp begins currency testing with Novi wallet and other latest crypto news about bitcoin, ethereum, blockchain, crypto trends at CoinDCX. Tech Mahindra to launch its own NFT marketplace and other latest crypto news about bitcoin, ethereum, blockchain, crypto trends at... Polygon launches a fund of $200M for Web3 projects, other latest crypto news about bitcoin, ethereum, blockchain, crypto trends at...According to Kayal and Rohilla’s paper, researchers have noted a number of factors that appear to be correlated with bitcoin values. One is geopolitical risks around the globe; bitcoin prices become more volatile as an index of those risks goes up. Interest rates after inflation and tax burdens, meanwhile, are “significant in determining Bitcoin prices,” they wrote. Researchers also found that bitcoin prices went up as trading volume of stocks increased but went down as stock prices rose, Kayal and Rohilla reported. Instead, they’re more like a collectible item, such as stamps, whose value is driven in large part by their scarcity. There are no analyses or quarterly reports, production forecasts or fundamental measures such as earnings per share to guide investors.In May 2020, the Joint Working Group on interVASP Messaging Standards published "IVMS 101", a universal common language for communication of required originator and beneficiary information between VASPs. The FATF and financial regulators were informed as the data model was developed. Additions such as Monero, Zerocoin, Zerocash and CryptoNote have been suggested, which would allow for additional anonymity and fungibility. Nvidia has asked retailers to do what they can when it comes to selling GPUs to gamers instead of miners. "Gamers come first for Nvidia," said Boris Böhles, PR manager for Nvidia in the German region.But their value depends on what people are willing to pay for them, which in turn depends on where people expect the price to go over time. While cryptocurrencies are digital currencies that are managed through advanced encryption techniques, many governments have taken a cautious approach toward them, fearing their lack of central control and the effects they could have on financial security. Regulators in several countries have warned against cryptocurrency and some have taken measures to dissuade users. However, research in 2021 by the UK's financial regulator suggested such warnings went unheard, or ignored. Fewer than one in 10 potential cryptocurrency buyers were aware of consumer warnings on the FCA website, and 12% of crypto users were not aware that their holdings were not protected by statutory compensation. A 2020 EU report found that users had lost crypto-assets worth hundreds of millions of US dollars in security breaches at exchanges and storage providers.The price of a bitcoin fell from a high of about $1,160 in December to under $400 in February. On 10 June 2021, The Basel Committee on Banking Supervision proposed that banks that held cryptocurrency assets must set aside capital to cover all potential losses. For instance, if a bank were to hold bitcoin worth $2 billion, it would be required to set aside enough capital to cover the entire $2 billion.Media coverage, financial institutions, and companies with hefty marketing budgets jumped in and made it seem as if mass adoption was already here. Polygon to invest 250 M MATIC coins for zero-knowledge tech and other latest crypto news about bitcoin, ethereum, blockchain, crypto... Adidas’s NFT drop makes $23M in a single afternoon and other latest crypto news about bitcoin, ethereum, and crypto trends...Some cryptocurrencies have no transaction fees, and instead rely on client-side proof-of-work as the transaction prioritization and anti-spam mechanism. For Ether, transaction fees differ by computational complexity, bandwidth use, and storage real time cryptocurrency news needs, while bitcoin transaction fees differ by transaction size and whether the transaction uses SegWit. In September 2018, the median transaction fee for ether corresponded to $0.017, while for bitcoin it corresponded to $0.55.Many people have reported being lured to websites that look like opportunities for investing in or mining cryptocurrencies, but are bogus. They often offer several investment tiers – the more you put in, the bigger the supposed return. Sites use fake testimonials and cryptocurrency jargon to appear credible, but promises of enormous, guaranteed returns are simply lies. These websites may even make it look like your investment is growing. But people report that, when they try to withdraw supposed profits, they are told to send even more crypto – and end up getting nothing back. The currency used to pay for products or services in a smart contract, whether cryptocurrency or fiat currency, can be included in the smart contract itself.Bitcoin's Derivative Market Bulls Have VanishedRecently, funding for bitcoin futures contracts has flipped negative and perpetual futures are trading below spot. Bitcoin, Tether And Poking The Financial BeastTether has long been viewed as a problem by certain organizations as it enables bitcoin businesses to operate beyond the rails of banking. How Bitcoin Adoption Could Bring Major Prosperity To Puerto RicoTo mitigate austerity and resolve debt, Puerto Rico should follow in El Salvador’s footsteps and make bitcoin legal tender. With over 2,600 people in offices across the Americas, Europe and Asia, Crypto.com is accelerating the world’s transition to cryptocurrency. Founded in 2016, Crypto.com today serves over 10 million customers with the world’s fastest growing crypto app, along with the Crypto.com Visa Card — the world’s largest crypto card program — the Crypto.com Exchange and Crypto.com DeFi Wallet.According to the research note, the $45,000 mark is the level to watch because that would suggest the recent dip may be turning around. It’ll be back up,” says Chris Chen, CFP of Insight Financial Strategists in Newton, Massachusetts. Bitcoin Mining CO2 Footprint Is Below 0.08% Of Global Total - CoinSharesBitcoin mining carbon footprint can hardly match that of numerous traditional industries which are responsible for significantly higher CO2 emissions. Grayscale Makes an ETF Move Grayscale Investments launched its first ETF as they aim to increase its exposure to this type of investment vehicle.This bitcoin represents proceeds traceable to a computer intrusion and property involved in money laundering and may be seized pursuant to criminal and civil forfeiture statutes. New YorkSB 5044Creates the digital currency task force to provide the governor and the legislature with information on the potential effects of the widespread implementation of digital currencies on financial markets in the state. Thirty-three states and Puerto Rico have pending legislation in the 2021 legislative session.And people have been considering whether crypto technology can be used to deliver government aid. This is because when it’s working, crypto is frictionless, and thus creates a much more efficient way of transferring and sharing value among people. And, as a result, there’s a real opportunity to use crypto for large-scale payments, as well as in things like small business payment processing. Also, there’s a big opportunity for enhancing financial inclusion, by providing secure payment networks and cross-border transfers in places that don’t otherwise have well-structured consumer financial systems. Another token eating away at Bitcoin’s dominance is Cardano, which is a top-five crypto if you exclude Tether, which is pegged to the U.S. dollar. Unlike the stock market, there aren’t price-earnings ratios and quarterly financial reports to work with when evaluating a given digital currency’s value.In November, the President’s Working Group on Financial Markets , along with the FDIC and OCC, issued a report on stablecoins that recommended Congress pass legislation to regulate stablecoin issuers, like banks. He says that includes "system change needed to support regulations that will allow for decentralized business models that more fairly distribute the economics to flourish, and the mainstreaming of the services and products." Australian Open partners with Decentraland for this year’s tournament and other latest crypto news about BTC, blockchain at CoinDCX. Governments, Facebook, maybe even your neighbor – with the technological advancements these days, it’s fairly easy for anyone to snoop around and get a sneak peek into your private life. This relatively new cryptocurrency not only presents a significant change to the status quo, it also allows for the quick development and deployment of new applications. Ethereum essentially enables dozens of new and extremely innovative cryptocurrencies to exist.The content and links on intended for general information purposes only. Any legal analysis, legislative updates or other content and links should not be construed as legal or professional advice or a substitute for such advice. If you require legal or professional advice, kindly contact an attorney or other suitable professional advisor. John Lanza is a partner and intellectual property lawyer with Foley & Lardner LLP where he excels at helping companies identify and maximize the corporate value of their intellectual property assets.