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Is It DeFi Season? Top Trader Predicts Two Altcoins From Hot Crypto Sector Will Blast Off

A closely followed crypto trader, known in the industry as Smart Contracter, is predicting giant rallies for two altcoins in the decentralized finance (DeFi) space. The pseudonymous trader tells his 158,500 Twitter followers that decentralized lending and borrowing protocol Aave is one of the altcoins that could potentially surge in the coming months. ADVERTISEMENT  ...

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U.S. Treasury Department Looking To Make Impact of Infrastructure Bill More Crypto-Friendly: Report

The U.S. Treasury Department is reportedly issuing new guidance to address the crypto industry’s concerns over the digital asset provision in the latest infrastructure bill. The Senate’s version of the trillion-dollar infrastructure bill contains a clause that seeks to expand the definition of “broker” in the tax code to cover “any person who (for consideration)...

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Is Bitcoin Doing a Head Fake? On-Chain Analyst Will Clemente Looks at Strength of BTC Surge to $47,000

Prominent on-chain analyst Will Clemente is weighing in on the strength of Bitcoin’s rally as the leading cryptocurrency soars above $47,000. In a new issue of Clemente’s newsletter, the on-chain analyst says that crypto whales, or entities holding over 1,000 BTC, have massively accumulated over $5 billion worth of Bitcoin (BTC) in the last few...

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Ethereum, Cardano and Three Other Altcoins Have ‘Great Potential’ in Coming Weeks: Trader Elliot Wainman

Crypto analyst and influencer Elliot Wainman is shining a spotlight on a handful of altcoins that he believes are ready to erupt in the coming weeks as the entire crypto market continues to rebound and Bitcoin floats within the $47,000 range. In a new strategy session, Wainman tells his 347,000 YouTube subscribers that Ethereum (ETH)...

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Pro-Crypto House Lawmakers Are Fighting Digital Currency Clause in Infrastructure Bill

As the heavily debated infrastructure bill makes its way through Congress, proponents of cryptocurrencies are speaking up in the U.S. House of Representatives in an effort to combat controversial crypto legislation. The unmodified bill imposes requirements on crypto exchanges and other entities to report transactions to the Internal Revenue Service (IRS) for tax-reporting purposes, which...

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PlanB Maintains $100K Bitcoin Prediction, Reveals When His Model Would Be Invalidated

Quantitative analyst PlanB says he believes that his end-of-year price forecast for Bitcoin will be realized. Speaking on the What Bitcoin Did podcast, PlanB says that he’s keeping faith in the stock-to-flow model he popularized in the cryptocurrency space. The stock-to-flow model, typically used in valuing traditional assets, aims to predict price by measuring existing...

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This Iconic 92-Year-Old US Magazine Plans To Hold Ethereum

US business magazine Fortune says it will hold half of the proceeds from the recent sale of its non-fungible tokens (NFT) in crypto. In its first-ever NFT auction held on August 6th, the magazine sold a set of 256 digital collectibles of animated cover art priced at one Ether (ETH) each. The cover art is...

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Ethernity Releases Manny Pacquiao Collection in Collaboration With Rikognition

August 14, 2021 – Las Vegas, Nevada Ethernity, the groundbreaking authenticated NFT project, is releasing a set of digital art NFTs and trading cards commemorating Manny Pacquiao, the famous boxer turned politician and philanthropist. The centerpiece of the collection is a close up and highly realistic portrait “PacMan” by Rikognition. PacMan, named after Pacquiao’s popular...