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Russian Government Eyes $13 Billion in Taxes From Crypto Economy


Authorities in Moscow expect to collect more than $13 billion as tax payments from the Russian crypto market, according to a government document quoted by media. The estimate comes as Russian institutions are holding discussions on the future of cryptocurrencies in the country. One Trillion Rubles...

Bitcoin Climbs Above USD 43K, Analysts See a Bull Long-term Too


  While bitcoin (BTC), ethereum (ETH), and most of the broader crypto market rose higher in price today, a number of researchers and analysts are arguing that the crypto market may be bottoming out and that it could be in for a bullish ride later in the year, prompted by a number of possible...

Analysts Say That Bitcoin and Ethereum May Be Bottoming Out (Soon)


  As the prices of both bitcoin (BTC) and ethereum (ETH) have been locked in a tight range for this most part of this year, some analysts argue that the two may be bottoming or are soon to bottom – but with cautionary words attached against premature bullishness.... Read More: Analysts Say That...

Analysts See Slower Bitcoin Hashrate Growth in 2022 Amid Market Correction


  The Bitcoin (BTC) network’s hashrate – or computing power that goes into mining new coins – could reach 327 EH/s by the end of the year, a research note from the crypto-focused financial services firm BitOoda has predicted, after the firm cut an earlier forecast for the year.... Read More:...

UBS Warns of Crypto Winter Amid Expectation of Fed Rate Hikes and Regulation


UBS, Switzerland’s largest bank, has warned about a crypto winter where prices crash and may not recover for years. The bank’s analysts explained several major reasons affecting the prices of cryptocurrencies. UBS Expects Crypto Winter That Could Last Years Switzerland’s...

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