Crypto News

These Four Ethereum Competitors Are Set To Explode This Year, According to Altcoin Daily
Altcoin Daily host Aaron Arnold is listing four Ethereum competitors that he expects to surge in 2021.
The crypto trader tells his 900,000 YouTube subscribers that as Ethereum (ETH) thrives, some its rivals will attract interest.

Lionel Messi bags crypto salary after move away from FC Barcelona
Paris Saint-Germain (PSG) has revealed that the financial package of its latest signing, Lionel Messi, includes payments via the club’s crypto fan token, as per a Reuters report citing an unnamed source close to the matter on Thursday.

Argentina to Join El Salvador’s Bitcoin League? Here’s what Argentinian President Said About BTC
El Salvador’s Bitcoin adoption triggered a long list of speculations about other nations joining the frenzy. Lawmakers from different Central American nations have also used it as bait to draw attention such as Paraguay. However, El Salvador’s push certainly made many countries think about making Bitcoin a legal tender, especially those struggling with a financial crisis brought upon them by factors they can’t control. Argentina is a perfect example of a country whose financial situation has been plagued by inflation.

Rep. Patrick McHenry says SEC’s latest move on crypto will hurt American innovation.
In an official statement posted on the House Financial Services Committee website, Rep. Patrick McHenry questioned SEC Chairman Gary Gensler’s recent interest in increasing his regulatory powers to exert more control over the cryptocurrency industry. The battle to determine which will be the position of regulators towards the crypto industry has been making some noise from the last few months.

Steps to buying Bitcoin. Quick Guide for Beginners.
Despite of having multiple crypto options, Bitcoin(BTC) is still the most attractive cryptocurrency on the market.
Having the highest price of all other cryptos bitcoin is still new to many and has misconceptions about it.

New funding round sees Reddit gain $4B in valuation since February
Popular social media platform Reddit has gained $4 billion in value since its last funding round earlier this year in February.
Six months ago the firm raised $250 million in Series E funding at a valuation of $6 billion.

Members of Congress lobby Nancy Pelosi and others to amend crypto tax definition
A Californian congresswoman has written to Speaker Nancy Pelosi expressing concerns about the controversial new mandate for crypto tax reporting.
Anna Eshoo, who represents California's 18th Congressional District, penned a letter to the Democratic party speaker of the United States House of Representatives, Nancy Pelosi, on Aug. 12.