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South African Taxpayers Who Fail to Disclose Income From Cryptocurrency Trading Face Possible Jail Time
4.2.2021
According to a report, the South African Revenue Service (SARS) has sent out audit requests to taxpayers asking them to disclose their cryptocurrency trades and purchases. Taxpayers that fail to correctly disclose their income from bitcoin or other cryptocurrencies may be “liable to a fine...
Elon Musk Uncovers Facts Behind Robinhood Restricting Trades on Hot Stocks Like Gamestop
2.2.2021
Spacex and Tesla CEO Elon Musk has been trying to get to the bottom of what happened with the popular trading app Robinhood when it stopped people from buying shares of hot stocks, like Gamestop. The shares of these stocks became popular due to the Wallstreetbets movement. Elon Musk Says People...
Institutional frenzy continues as CME Bitcoin trades at over 1% premium
29.1.2021
Wall Street’s preferred Bitcoin future shows few are willing to be short on BTC
Rob from the poor and give to the rich? Robinhood prompts furious backlash after restricting trades
28.1.2021
"Robinhood’s entire business model is to cater to the exact people they are now trying to f--- with and scare into selling," said Dave Portnoy
Bitcoin Trades Sideways While Ethereum and Altcoins Rally
19.1.2021
Bitcoin price formed a support above USD 35,000 and USD 35,500. As a result, BTC climbed higher above the USD 36,500 resistance, but it failed to gain strength above USD 37,200 and USD 37,500. It is currently (05:00 UTC) retreating lower, but the USD 35,500 zone could provide support.
Also, there...
$100 Swaps: Ethereum Dex Volumes Saw $39 Billion Last Month Despite ‘Insane’ Trading Fees
16.1.2021
During the last 12 months, Ethereum-based decentralized finance (defi) solutions and decentralized exchange (dex) platforms have been very popular. Dex applications, in particular, have seen massive demand and during the last 30 days, dex trade volumes have reached $39 billion in swaps. However...
Blockchain Bites: Bitcoin Trades Sideways as US Inflation Is Muted
13.1.2021
The line of sight on U.S. inflation is anything but clear after the Labor Department reports the CPI's smallest yearly gain since 2015. So what does it mean for bitcoin?
Traders flock into altcoins as Bitcoin price trades sideways
9.1.2021
Altcoins are surging higher as Bitcoin price consolidates and the prospect of a $3 trillion economic stimulus package sparks confidence in crypto investors
Onboarding Institutional Crypto Investors- Coinbase Helps Execute ‘One of the Largest Digital Asset Trades in History’
6.1.2021
Over the last year, institutional investors have been flocking toward crypto assets like bitcoin and after Microstrategy’s initial bitcoin purchase, the trending institutional demand for crypto started swelling. On Tuesday, the San Francisco trading platform Coinbase published a study that...
The Unorthodox Trades That Will Drive Value in 2021, feat. Tony Greer
3.1.2021
The macro analyst looks at unexpected sources of strength in the economy
Ether Trades Above $800 for the First Time Since 2018
3.1.2021
The native currency of the Ethereum network hit a nearly three-year high of $819.65 before settling back
India Considers 18% GST on Bitcoin Transactions
29.12.2020
The Indian government is reportedly mulling over imposing an 18% goods and services tax (GST) on bitcoin transactions. According to the Central Economic Intelligence Bureau, the government could gain Rs 7,200 crore annually from this bitcoin taxation. 18% GST on Bitcoin Trades The Central Economic...
Ether Trades Above $700 for the First Time Since 2018
27.12.2020
Ether is up over 11% in the past 24 hours
Bitcoin SV Price Lacks Momentum; Trades Below $200
21.12.2020
At the press time, BSV price was seen trading at $172.44 and is trading amongst the top 15 cryptos of the market. Although the market lacks momentum and Bitcoin SV is seen trading with a flattish momentum below $200 but is trading amongst the lucrative cryptos of the market. With stabilizing prices...
South African Regulator’s Probe Into Mirror Trading International Unearths Previously Undeclared Losses and Missing Bitcoins
19.12.2020
South African financial regulator, the Financial Sector Conduct Authority (FSCA), has filed criminal charges with local law enforcement against Mirror Trading International (MTI), the alleged online bitcoin trading scam. The regulator says its decision to press charges follows an investigation into...
Bitcoin Addresses Holding $1 Million Goes ‘Parabolic,’ 10% of BTC Supply Sits Idle for 10 Years
18.12.2020
While bitcoin trades above the $20k handle, onchain data shows that the number of bitcoin addresses holding at least $1 million has climbed substantially increasing by more than 150%. Moreover, Glassnode’s statistics indicate that roughly 1.85 million bitcoin hasn’t moved in over...
Cardano Trades Above $0.15; Fails to Confirm Complete Bullishness
18.12.2020
Cardano, as strengthening crypto, is often compared to the largest altcoin by market capitalization, Ethereum, and today, Cardano is what Ethereum planned. It was in the previous year when the Shelly and ETH 2.0 were planned to bring into action. However, due to the unavoidable postponement of...
Nigeria Is Paxful’s Second Biggest P2P Bitcoin Market, Trades Top $566 Million in Five Years
17.12.2020
Nigeria, Africa’s biggest economy and most populous nation, traded more than $566 million worth of bitcoin between 2015 and 2020, making it the world’s second-largest peer-to-peer (P2P) bitcoin market after the U.S., which traded $3.75 billion in the period under review. According to...
Bitcoin Cash Price Trades Above $300 but Fails to Combat the Loss
17.12.2020
Bitcoin Cash slips from its position amongst the top 5 cryptos of the market after a drop in the previous week and is now in the 6th position ranked after Litecoin. BCH, after testing weekly supports around 200-day daily MA, it rose from trading around $255 to a candlewick rise as high as $299,...
‘Bitwise 10’ crypto index trades at 369% premium in record breaking debut
17.12.2020
A top ten crypto index by Bitwise has outperformed the assets themselves as FOMO takes hold