Another procedural vote was set for Saturday regarding a 2,700-page proposal WASHINGTON — Nearing decision time, senators were struggling to wrap up work on the [bipartisan infrastructure plan](https://www.foxnews.com/category/us/infrastructure-across-america) despite hopes to expedite consideration and voting on the nearly $1 trillion proposal.The package had appeared on track for eventual [Senate](https://www.foxnews.com/category/politics/senate) passage, a rare accord between Republicans…
SEC Charges Crypto Execs For Allegedly Fraudulent $30 Million Offerings In First Case Against This Booming $100 Billion Space
Updated Aug 6, 2021, 02:10pm EDT Topline After warning this week of enhanced regulatory scrutiny to come, the Securities and Exchange Commission on Friday levied its first charges in the booming decentralized finance space, charging two Florida men and their Cayman Islands company for allegedly selling more than $30 million of securities to investors in…
Cryptocurrency brawl bogs down infrastructure bill, as Yellen and White House fight off changes – The Washington Post
The Biden administration is pushing back against a last-minute effort by a bipartisan group of senators to limit a proposal in the infrastructure bill to increase federal regulation of cryptocurrencies.The fierce lobbying push helped stall plans to finish voting on the bill Thursday night, and now it appears debate will stretch into the weekend.Treasury Secretary…
Ethereum Burns 36% of New Coin Issuance Over 2 Days – CoinDesk
Since the activation of Ethereum Improvement Proposal (EIP) 1559 , the network has removed from circulation, or “burned,” over 5,000 ETH , worth roughly $14 million.This represents 36% of total new coin issuance over the same time period. ETH burned versus ETH issued Source: Dune Analytics Average fees on Ethereum have increased slightly since the…
The Future of Cryptocurrency Is Being Decided in Biden’s Infrastructure Bill
Image: Bloomberg / Contributor via Getty Images Two competing amendments to the Senate’s infrastructure bill may shape the future of cryptocurrency in the United States as senators fight over who must be subject to new tax reporting requirements. One proposal wants to exempt miners, hardware manufacturers, and developers, putting the focus on centralized cryptocurrency exchanges…
Smartt, Inc. FKA Carsmartt, Inc. Acquires $47.6 Million Revenue Generating Asset Immobilfin S.P.A.
$CRSM – Smartt Inc.Immobilfin S.P.A.Immobilfin S.P.A.$CRSM – Smartt Inc.Immobilfin S.P.A.Immobilfin S.P.A.$CRSM – Smartt Inc.Immobilfin S.P.A.Immobilfin S.P.A.Miami, FL, Aug.06, 2021 (GLOBE NEWSWIRE) — Smartt Inc., (OTC Pink: CRSM), is pleased to announce the acquisition of Immobilfin S.P.A., a Real Estate company with an asset value of $47.6 Million and generates approximately $1.5 Million per year in…
Ethereum Price Prediction: ETH decline just beginning, primed to fall another 20%
– Ethereum price drops over 7%, breaking the rising wedge pattern that has dominated price action since June 22.- Declining 200 six-hour simple moving average (SMA) halts rally, highlighting the importance of the complicated resistance level.- February high at $2,041 is critical support if the current decline accelerates during the trading day.Ethereum price triggers a…
3 reasons why Ethereum exchange reserves are falling to new lows
Over the past week, astute crypto market analysts noticed some interesting developments related to the supply of Ether ( ETH ) as the network’s Aug.4 London hard fork approaches.Recent data from CryptoQuant, an on-chain analytics firm, indicates that the amount of Ether held in cryptocurrency exchanges’ reserves has hit new daily lows since the start…
Bullish on Ethereum’s London hard fork? Here’s an options strategy pro traders use
[South Africa: The Next Frontier for Crypto Exchanges] Bullish on Ethereum’s London hard fork? Here’s an options strategy pro traders use The Ethereum network will undergo a major upgrade on Aug.4, as the long-awaited London hard fork is expected to launch at block 12,965,000.The transition is part of a roadmap leading to the Ethereum 2.0…
Ethereum Supremacy? ETH Adds Over 5 Million Unique Addresses In 30 Days
Ethereum continues on a path of more adoption as the asset has seen the addition of over 5 million new and unique addresses added over the past 30 days.This comes as bitcoin continues to record declines in the number of active addresses in the network. Ethereum remains the largest smart contracts network and the second-largest…