Category: Cryptocurrency
Analysts express mixed views on BTC’s short-term prospects, but most agree that $42,000 is the level to watch. 1574 Total views 23 Total shares The waiting game continues for crypto traders after Bitcoin (BTC) is once again pinned below resistance at $43,000 and awaiting some spark in momentum that can sustain a rally back to […]
Bitcoin (BTC) looks ready to fall below $30,000 in the coming months, per a confluence of historically accurate technical indicators brought forth by popular analyst Ari Rudd. The independent market analyst published a thread on Feb. 14, explaining why Bitcoin’s ongoing price recovery — from below $33,000 on Jan. 24 to around $42,000 on Feb. […]
Bitcoin (BTC) starts the week with a slow drag downhill toward pivotal support at $40,000. After bulls had something to celebrate last week, the current environment looks like a fresh dose of reality as BTC battles nervous stock markets, a resurgent United States dollar and more. The picture is, as always, mixed — while spot […]
The U.S. Treasury affirmed that crypto miners and wallet operators are exempt from the IRS reporting rules, preparing appropriate regulations. 2589 Total views 13 Total shares The cryptocurrency industry in the United States is about to score a major legal win as the United States Treasury Department plans to spare crypto miners and other “ancillary […]
The tax authority made three arrests in connection with a suspected tax evasion using shell companies and false identification. 1216 Total views 7 Total shares Her Majesty’s Revenue and Customs (HMRC), the chief tax authority in the United Kingdom, has seized three nonfungible tokens (NFT) associated with a suspected tax evasion fraud. The tax watchdog […]
Super Bowl commercials have always been an intrinsic part of the annual National Football League (NFL) championship and for business, a fair sign of making it in the real world. This year, however, marked a new milestone for the crypto community as FTX, eToro, Crypto.com and Coinbase debuted crypto ads in Super Bowl 2022. With […]
Bitcoin (BTC) has given back some of its recent gains, but on-chain data resource Ecoinometrics said that whales are accumulating because they believe the price is attractive from a long-term perspective. On the downside, analyst Willy Woo believes that $33,000 is a strong bottom for Bitcoin. Popular Twitter trader Credible Crypto citing data from PlanC said […]
In 2021 alone, victims within the FBI San Francisco division’s territory lost more than $64 million to romance scams, compared to just over $35 million in 2020. 4329 Total views 120 Total shares The United States Federal Bureau of Investigation (FBI) has issued a warning against the rise in romance scams in the San Francisco […]
The Netflix documentary will be about a New York-based couple and their link to laundering nearly 120,000 BTC tied to the crime. 6946 Total views 124 Total shares Streaming and production giant Netflix will soon produce a documentary series on the infamous Bitfinex hack — one of the biggest financial crimes from 2016 stealing 119,756 […]
Head of Research at Fidelity Digital Asset is convinced Bitcoin’s value proposition as a decentralized and censorship-resistant monetary network sets it apart from other cryptocurrencies. 10297 Total views 61 Total shares Chris Kuiper, Head of Research at Fidelity Digital Assets, is convinced that Bitcoin (BTC) should be treated separately from other digital assets and believes […]