{"id":750,"date":"2022-07-27T09:18:36","date_gmt":"2022-07-27T09:18:36","guid":{"rendered":"https:\/\/guardarian.com\/blog\/?p=750"},"modified":"2026-03-17T09:03:31","modified_gmt":"2026-03-17T09:03:31","slug":"the-latest-crypto-news","status":"publish","type":"post","link":"https:\/\/guardarian.com\/blog\/the-latest-crypto-news","title":{"rendered":"The Latest Crypto News"},"content":{"rendered":"<p class=\"p1\">The crypto market is constantly changing, which means that if you want to be ready for any fluctuations you will want to know everything that is going on behind the scenes.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p class=\"p1\">So, let\u2019s just hop right through the top news of the week.<\/p>\n<h3 class=\"p1\"><b>Experts Believe DAOs Could Change Sports Forever<\/b><\/h3>\n<p class=\"p1\">It is believed that decentralized autonomous organizations <a href=\"https:\/\/guardarian.com\/blog\/a-guide-to-decentralized-autonomous-organizations\/\">(DAO)<\/a> could very well change the way we look at sports in the future, and for good reason too.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p class=\"p1\">Experts believe that DAOs may be the change that we\u2019ve been waiting for in the sports industry since they would in turn allow fans to influence the games as they watch them unfold in front of their very own eyes.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p class=\"p1\">Take for example this scenario, the year is 2036 and you are currently watching the fourth quarter of the Super Bowl LXX. The Chiefs are one point away from victory, and they could kick the PAT and get on top of the leaderboard, but they have to choose first and foremost.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p class=\"p1\">The thing about that is that since you are a part of the Chiefs DAO, you are the one choosing them, so you can start voting away this very second.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p class=\"p1\">That may sound like a bit of a distant future, but it may not be as distant as it seems, since there are already a ton of different DAO Sports projects that are flying above everyone\u2019s radars right now.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p class=\"p1\">After all, the NFL officially acknowledges five different types of ownership, these being:<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<ul class=\"ul1\">\n<li class=\"li1\">Associations<span class=\"Apple-converted-space\">\u00a0<\/span><\/li>\n<li class=\"li1\">Partnerships<span class=\"Apple-converted-space\">\u00a0<\/span><\/li>\n<li class=\"li1\">Corporations<span class=\"Apple-converted-space\">\u00a0<\/span><\/li>\n<li class=\"li1\">Independent Wealthy Individuals<span class=\"Apple-converted-space\">\u00a0<\/span><\/li>\n<li class=\"li1\">\u201cOther Entities\u201d<span class=\"Apple-converted-space\">\u00a0<\/span><\/li>\n<\/ul>\n<p class=\"p1\">That last part is the most intriguing, to say the least, and the one that we are banking on if these DAO Sports projects will go through.<\/p>\n<h3 class=\"p1\"><b>Senators Push Bill to Make Small Crypto Transactions Tax-Free<span class=\"Apple-converted-space\">\u00a0<\/span><\/b><\/h3>\n<p class=\"p1\">US Senators have recently pushed a bill that will make any virtual transactions of less than $50 free of taxation. So, as long as the traders don\u2019t make any more than $50, you will not have to pay any taxes, taking away from your profit.<\/p>\n<p class=\"p1\">This bill was pushed by Sen. Patrick Toomey and Kyrsten Sinema, as the two decided to push the exemption from tax requirements for any crypto users that wish to trade small assets from one another.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p class=\"p1\">This bill is known as the Virtual Currency Tax Fairness Act, and funny enough, introducing it into the House of Representatives was relatively easy since it seemed quite fair to everyone involved.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p class=\"p1\">This is not the first time one such bill was pushed, with a similar case having been brought up by Cynthia Lummis and Kirsten Gillibrand this same year.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p class=\"p1\">The two stated that since <a href=\"https:\/\/guardarian.com\/currencies\">cryptocurrencies<\/a> have been officially adopted by the American people, it seems only fair that the senate would make it easier to use them in everyday situations.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<h3 class=\"p1\"><b>Tokenomics May Have Saved the Play-To-Earn Industry<\/b><\/h3>\n<p class=\"p1\">While creating <a href=\"https:\/\/guardarian.com\/blog\/play-to-earn-the-new-gaming-revolution\/\">Play-To-Earn<\/a> games is not the hardest thing in the world, actually developing a platform that players are willing to return to is a lot more difficult than it seems.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p class=\"p1\">Recently though, South Korean game developer Wemade decided to try out a new method, unifying in-game currencies into a singular synthetic token.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p class=\"p1\">The name of this token is REFLECT, and as soon as the testnet of WEMIX3.0 launches, which should be around July or so, it may very well be the answer that the Play-To-Earn industry may have been waiting for all along.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p class=\"p1\">The interesting thing about REFLECT is that it is minted through a unique process known as \u201cfusion\u201d which combines individual game economic units all into a single token, making it possible to use it in any game while on the platform.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<h3 class=\"p1\"><b>Texas GOP Attempts to Enshrine Crypto Transactions into the State Constitution<span class=\"Apple-converted-space\">\u00a0<\/span><\/b><\/h3>\n<p class=\"p1\">Texas has always been one of the most crypto-progressive states out there, and that\u2019s a fact. As such, it\u2019s no wonder that the Republican officials have decided to attempt and make it official that purchases can be made by any means, especially so through cryptocurrencies.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p class=\"p1\">The GOP decided to call for the state\u2019s Bill of Rights to add in a new clause, pretty much allowing all of its citizens to own, use and hold onto any means of exchange that they choose to take advantage of, which of course includes any sort of cryptocurrency out there.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p class=\"p1\">The bill specifically states that no government can prohibit or encumber the ownership of any currency out there, so as long as this bill goes through, the citizens of Texas will be able to exchange and store all of their wealth in any wallet they choose, be it traditional or virtual.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<h3 class=\"p1\"><b>Conclusion<span class=\"Apple-converted-space\">\u00a0<\/span><\/b><\/h3>\n<p class=\"p1\">As always, the world is changing and the crypto market always has its highs and lows around every corner of the way.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p class=\"p1\">Luckily, the world adapting to the new crypto medium, and mass adoption is around the corner. <span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The crypto market is constantly changing, which means that if you want to be ready for any fluctuations you will want to know everything that is going on behind the scenes.\u00a0 So, let\u2019s just hop right through the top news of the week. Experts Believe DAOs Could Change Sports Forever It is believed that decentralized [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[174],"tags":[],"class_list":["post-750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-news-and-insights"],"uagb_featured_image_src":{"full":["https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2022\/07\/markus-winkler-k_Am9hKISLM-unsplash-scaled.jpg",2560,1707,false],"thumbnail":["https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2022\/07\/markus-winkler-k_Am9hKISLM-unsplash-300x200.jpg",300,200,true],"medium":["https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2022\/07\/markus-winkler-k_Am9hKISLM-unsplash-scaled.jpg",2560,1707,false],"medium_large":["https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2022\/07\/markus-winkler-k_Am9hKISLM-unsplash-768x512.jpg",768,512,true],"large":["https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2022\/07\/markus-winkler-k_Am9hKISLM-unsplash-1800x1200.jpg",1800,1200,true],"1536x1536":["https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2022\/07\/markus-winkler-k_Am9hKISLM-unsplash-1536x1024.jpg",1536,1024,true],"2048x2048":["https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2022\/07\/markus-winkler-k_Am9hKISLM-unsplash-2048x1365.jpg",2048,1365,true],"rpwe-thumbnail":["https:\/\/guardarian.com\/blog\/wp-content\/uploads\/2022\/07\/markus-winkler-k_Am9hKISLM-unsplash-45x45.jpg",45,45,true]},"uagb_author_info":{"display_name":"guardarian_admin","author_link":"https:\/\/guardarian.com\/blog\/author\/guardarian_admin"},"uagb_comment_info":1,"uagb_excerpt":"The crypto market is constantly changing, which means that if you want to be ready for any fluctuations you will want to know everything that is going on behind the scenes.\u00a0 So, let\u2019s just hop right through the top news of the week. Experts Believe DAOs Could Change Sports Forever It is believed that decentralized&hellip;","_links":{"self":[{"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/posts\/750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/comments?post=750"}],"version-history":[{"count":2,"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/posts\/750\/revisions"}],"predecessor-version":[{"id":753,"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/posts\/750\/revisions\/753"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/media\/752"}],"wp:attachment":[{"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/media?parent=750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/categories?post=750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/guardarian.com\/blog\/wp-json\/wp\/v2\/tags?post=750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}