Cryptocurrency news

Best Cryptocurrency News August 8, 2021

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oi-Sneha Kulkarni

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On August 8, cryptocurrency values ​​remained in the green. The global crypto market valuation is now $ 1.83 trillion, up 3.15% from the previous day. The overall crypto market volume over the past 24 hours increased 17.04% to $ 123.59 billion.

Ethreum

The London Ethereum hardfork went off without a hitch this week, and investors are now looking for new highs above $ 3,100. After the price of Bitcoin broke above $ 44,000, the bullish momentum continued and Ether is currently trading at $ 3,050.

TVN Collection

The Bundesliga has teamed up with ToppsNFTs.com, a non-fungible token network (NFT), to launch an exclusive set of NFT collectible cards. The NFT collection will feature elite players, emerging talents and highlights from the 2020-2021 season, and will be the first for the German soccer league.

US Senators

Senators Mark Warner (D-Va.) And Kyrsten Sinema (D-Ariz.) Revised their amendment to the Senate massive infrastructure bill on Saturday, changing a crypto tax declaration clause.

The initial proposal, which was presented Thursday night, would exempt bitcoin miners who validate transactions on distributed ledgers as well as organizations that sell private key hardware or software wallets.

Binance United States

Brian Brooks, who had been the CEO of the major cryptocurrency exchange Binance.US for less than four months, announced his resignation on Friday, causing consternation and mistrust in the crypto world.

Binance, a major cryptocurrency exchange, has announced that it will restrict Hong Kong users’ access to derivatives in an effort to reduce the risks inherent in bitcoin trading.

Cambodia

The National Bank of Cambodia (NBC) has announced several project milestones under its similar central bank digital currency (CBDC) program known as Bakong.

White House supports only minor changes to crypto tax proposal

The crypto community is protesting a change in the US infrastructure plan that subjects developers and validators to onerous reporting requirements while exempting miners.

Crypto game
According to a game industry analysis released on July 30 by gaming venture capital data aggregator InvestGame, twenty-four blockchain game companies raised $ 476 million in the first half of this year.

Dogecoin

The price of Dogecoin rose 12.8% overnight to $ 0.22. Last month, the price of the world’s most popular meme was mostly down. It currently appears to be starting a volatile rally, although it is still a long way from its all-time high of $ 0.69 set in early May.

Article first published: Sunday August 8th, 2021, 4:18 PM [IST]


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