Fidelity expects more sovereign nations to acquire bitcoin this year.
Fidelity Digital Assets, a subsidiary of Fidelity Investments, published a report earlier this month on crypto trends and their potential future impact. Among the trends discussed in the report is cryptocurrency adoption by sovereign nations. This past year saw some major moves by world governments with regards to digital assets,” Fidelity described. The firm expects more countries to adopt bitcoin this year.
Australian women’s football team secures $75M deal with Crypto.com
In what comes as the first major crypto sports sponsorship deal down under, the Australia Football League (AFL) has secured a partnership with Crypto.com to back its women’s league (AFLW).
Cardano Back in Top 5 As ADA Rallies Over 10%, Sundae Swap Upgrade Coming This Week
After moving sideways for weeks together, Cardano’s native cryptocurrency ADA was back in action over the weekend gaining more than 10% on Sunday, January 16. With this, Cardano seals its place once again in the top-five crypto-list.
The Australian Open swings into the Metaverse on Decentraland
Tennis Australia has partnered with Decentraland to host the Australian Open (AO), which will be the first official tennis grand slam in the Metaverse.
Legendary Boxer Mike Tyson Bullish on Solana ($SOL) After Going ‘All In’
Legendary boxer and former heavyweight champion Mike Tyson is speculating how high the price of Solana ($SOL) can go after announcing he was “all in” on the altcoin.
Crypto Metaverse Coin Avaxtars Token Price Up 177% In the Past 24 Hours
Crypto Metaverse coins continue to see significant price gains this year. Today’s biggest gainer is Avaxtars Token, up over 117%, currently trading at $13.84.
Robinhood on Listing More Cryptocurrencies: 'It's Important That We Get a Bit More Clarity From Regulators'
Robinhood’s chief financial officer has revealed the popular trading platform’s crypto priority and the potential of listing more cryptocurrencies. “We’re a highly regulated company in a highly regulated industry, and we think it’s important that we get a bit more clarity from regulators,” he emphasized.
NFT Investors Are Owing Billions In U.S Taxes, Here’s How IRS Plans to Collect Tax
Over time, nonfungible tokens (NFTs) have proven to be one of the hottest sectors in crypto, and now the U.S. government may finally be ready to get its share from this booming sector. According to a report by Bloomberg, officials of the Internal Revenue Service (IRS) announced their plans to begin cracking down on NFT investors and creators who have been evading tax payments.