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Bitcoin, Ethereum and Altcoins Trading Near Important Inflection Zone
19.3.2021
Bitcoin price tested the key USD 60,000 resistance zone before correcting lower. BTC broke the USD 58,000 support level and it even spiked below USD 57,000. It is currently (05:30 UTC) consolidating well above USD 57,000 and it could attempt a fresh increase towards USD 60,000.
Similarly, most...
Morgan Stanley Rumored to Negotiate Bithumb Deal
19.3.2021
US-based major investment bank Morgan Stanley is in negotiations to buy a stake in South Korean leading crypto exchange Bithumb, per local media reports.
It was reported by Asiae and Naver, citing an undisclosed source within Bithumb.
Accounting firm Samjong KPMG, an M&A advisor for Bithumb...
BNY Mellon Doubles Down On Its Bitcoin Plans, Invests In Fireblocks
18.3.2021
The oldest bank in the US, New York Mellon Corp., joined other investors and made a strategic investment in digital asset storage, transfer, and issuing platform Fireblocks.
Today, Fireblocks said they raised USD 133 in Series C funding led by Coatue, Ribbit, and Stripes with strategic investment...
Bottlepay Launches Bitcoin Twitter Payments, Reddit, Instagram Come Next
18.3.2021
Recently-launched payments app Bottlepay has revealed its new feature that enables users to send and receive bitcoin (BTC) via Twitter.
Per the company, in the coming months, users should also be able to spend and transfer money via Reddit, Discord, Instagram, Twitch, Telegram,...
Bitcoin Nears USD 60K, Ethereum and Altcoins Show Bullish Signs
18.3.2021
Bitcoin price started a steady increase after it cleared the USD 57,000 resistance. BTC broke the USD 58,000 resistance to move into a bullish zone. It is currently (05:30 UTC) trading around USD 59,000 and it might soon retest USD 60,000.
Besides, most major altcoins are showing bullish signs....
South Koreans Warned to Pay Tax on Crypto Held on Foreign Exchanges
18.3.2021
South Korea’s National Tax Service (NTS) is on the warpath – and has crypto firmly in its sights.
Fresh from swooping on over 2,400 individuals it said have sought to conceal their earnings by buying cryptoassets like bitcoin (BTC) and ethereum (ETH) – in some cases seizing crypto and freezing...
Unfortunate Bitcoin Suisse, Fed Rates, Delayed Tax Season + More news
17.3.2021
Fed Chairman Jerome Powell. Source: a video screenshot, Youtube, NBC News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
The Swiss Financial Market Supervisory Authority (FINMA)...
'Time To Get Educated': Morgan Stanley Brings BTC Funds To Rich Clients
17.3.2021
Major US-headquartered investment bank Morgan Stanley aims to offer three bitcoin (BTC) funds to its rich clients as early as next month, while it stressed that it's time for investors to get educated about this nascent asset class.
The news about the funds that enable ownership of bitcoin were...
Crypto Exchanges Might Be Getting Around 100K New Users Per Day - Analyst
17.3.2021
While multiple companies sharing how many millions of new crypto users they've got recently, one popular crypto analyst made an estimation, how many new bitcoin (BTC) traders crypto exchanges might be getting per day.
Willy Woo shared that, based on the data provided by on-chain analysis firm...
Bitcoin and Ethereum Struggle, ADA and FIL Outperform
17.3.2021
Bitcoin price failed to continue higher above USD 56,000 and started a fresh decline. BTC traded below the USD 55,000 support level and it is currently (12:30 PM UTC) showing a few bearish signs. If there is a break below USD 54,200, the bears might aim for a test of USD 52,000.
Similarly, there...
Bitcoin and Litecoin Move Closer to Their Privacy Improvements
17.3.2021
Bitcoin (BTC) and Litecoin (LTC) getting even more closer to their privacy-related upgrades: Taproot for the former, and MimbleWimble (MW) for the latter.
The Speedy Trial (ST) proposal for Taproot, a protocol upgrade that should improve Bitcoin's privacy and flexibility, has received a lot...
BitMEX's Arthur Hayes To Surrender And To Be Released In April
17.3.2021
Arthur Hayes. Source: a video screenshot, Youtube, Distributed
Co-founder and CEO of major crypto derivatives exchange BitMEX, Arthur Hayes, has agreed to surrender in the US on April 6 and should be released on USD 10m bond, secured by USD 1m in cash, per a filling in the United States District...
Inflation Is Here & BTC Will Hit USD 115K ‘Ahead of Target’ – Pantera
17.3.2021
Dan Morehead. Source: a video screenshot, Youtube/Bloomberg Markets and Finance
Dan Morehead, the CEO and founder of Pantera Capital, operator of the Blockchain Investment Fund, says that bitcoin (BTC) is “ahead of” his firm’s forecast schedule to hit USD 115,000 this summer – meaning that...
Visa Boss Wants Company ‘in the Middle’ of Crypto as Cash ‘Declines’
17.3.2021
Alfred Kelly. Source: a video screenshot, Youtube, Business Live ME
The Visa CEO Alfred Kelly says that his company is set to embrace bitcoin (BTC)-related business in earnest, and claims that partnerships in both the crypto and stablecoin sectors are already in the pipelines – while adding...
Bitcoin and Ethereum Stuck Below Hurdles, ADA Surges 20%
17.3.2021
Bitcoin price found support above USD 53,000 and started an upside correction. BTC climbed above USD 55,000, but is facing resistance near USD 56,500 and USD 57,000. It is currently (05:30 UTC) trading well below USD 56,000 and it might continue to move down if there is a break below...
South Korean Authorities Liquidate Tax Dodgers’ Crypto Holdings
17.3.2021
South Korea’s tax authorities said they have evidence that 2,416 South Korean people have hidden their income by buying cryptoassets including bitcoin (BTC), ethereum (ETH) and more in efforts to avoid having to pay tax on their earnings – and have moved to seize and liquidate their crypto.
Per...
MP Claims that Russia’s Crypto Tax Threshold Is Subject to Change
16.3.2021
Russian parliamentarians could be set to alter the soon-to-be-imposed legal threshold for crypto tax declarations, a State Duma committee member has conceded.
As previously reported, lawmakers have previously voted in favor of a bill that would force crypto traders to declare total annual earnings...
Dutch libertarian posts political campaign signs that read 'Bitcoin is the future'
16.3.2021
"I wanted to have something that stood out and showed people that we embraced Bitcoin as a solution for a revolution," said the party chairman
Accidental Gift To ETH Miners, Cardano Rallies On Coinbase Pro News + More
16.3.2021
Source: Adobe/Skórzewiak
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Mining news
Nvidia, an American tech company, confirmed that it has accidentally removed the hash rate limiter on its...
Misinfo Over Gemini Bitcoin Inflow Reminds To DYOR
16.3.2021
Analysts have blamed misinfo for bitcoin (BTC)’s correction yesterday from USD 60,000 to below USD 54,000, with a whale alert from CryptoQuant suggesting that nearly BTC 19,000 (USD 1bn) flowed into Gemini exchange, potentially to be sold.
While CryptoQuant was initially sticking by...