Bitcoin and Ethereum Correct Gains, Altcoins Remain Elevated


Bitcoin price extended its rally above the USD 45,000 and USD 46,500 resistance levels. BTC even surpassed USD 48,000 briefly, hitting its new all-time high. It is currently (12:45 UTC) correcting gains and trading well below USD 46,500. Similarly, ethereum climbed above USD 1,800, traded to a...

Here’s What the Mainstream Media Makes of Tesla’s Bitcoin Move


The conventional media has expressed mixed emotions about Elon Musk and Tesla’s move into the world of crypto – announcing yesterday that it purchased bitcoin (BTC) worth USD 1.5bn and hinting the carmaker may be set to start accepting crypto pay. In a damning assessment, Guardian financial...

Should Tech Giants Dive Into Cryptocurrencies After Tesla?


Tesla recently stated of purchasing $1.5 billion bitcoin; the company may begin accepting it as a mode of payment. According to news reports, Tesla closely followed Microstrategy Incorporated’s footsteps, a business analytics and mobility provider of entering the crypto space. Earlier speculations...

The G7 Taxman Is Coming for Your Crypto Profits


Tax authorities around the world have indicated that they will not sit back and watch crypto traders get rich as prices skyrocket – with new tax measures set to come into play in Europe, Asia and beyond. The G7, which comprises Canada, France, Germany, Italy, Japan, the UK, and the United States...

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