NFL Star OBJ’s decision to receive his $750k paycheck in BTC appears to have cost him dearly
The purported BTC salary tax fiasco involving NFL star Odell Beckham Jr. (OBJ) may serve as a grave warning to anybody considering receiving payment in cryptocurrency. The choice of NFL star Odell Beckham Jr. (OBJ) to pay his $750,000 salary in Bitcoin looks to have cost him dearly owing to the market fall that occurred […]
New York State Financial Services to be led by CBDC Project exec
Adrienne Harris, an ex-Fed employee and a CBDC project leader, was confirmed by the New York State Senate on Tuesday to lead the Wall Street regulator. Is There a Wider Crypto Adoption? Harris will be the Superintendent of the New York State Department of Financial Services (NYDFS), the state’s leading financial regulator. Her presence would […]
IMF calls on El Salvador to discontinue Bitcoin’s legal tender status
The IMF executive board advised El Salvador to stop using bitcoin as legal tender owing to the financial risks and obligations caused. The proposal was made in a report released on Tuesday as a result of bilateral discussions concerning El Salvador ‘s economy. According to the study, IMF directors “emphasized that there are significant risks associated […]
Crypto Price Analysis 25 January: Shiba Inu, Polkadot and CRV
Bitcoin‘s recent rise above its 4-hour 20 SMA seems to pave the way for a possible comeback of other cryptocurrencies. To confirm a reversal, Polkadot is required to test the down-upper channel’s trendline. Shiba Inu, on the other hand, formed a symmetrical triangle, but its near-term technicals showed mixed indications. Polkadots (DOT) For the past […]
Kanye West to get royalties from Paparazzi images using NFTs
A 10 percent royalty is paid to artist when their work is sold on NFT platforms like OpenSea.io. After being videotaped landing at Miami International Airport on Monday, Kanye West expressed his displeasure with the paparazzi, as shown in a video uploaded by ET Canada. Kanye is overheard telling the cameraman: “It’s just really one-sided. You […]