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Young Koreans Less Keen on Crypto Taxation Than Older Generations, Poll Finds
4.5.2021
Opponents of the government’s plan to tax gains from cryptocurrency trading outnumber supporters among South Koreans in their 20s, a new survey shows. Representatives of other age groups are more open to the proposed taxation of investments in virtual assets. Nearly Half of Young Koreans...
New Jersey County Liquidates Bitcoin Seized in 2018, Profiting Almost 300%
30.4.2021
Individuals and companies are not the only ones who take advantage of the significant bitcoin prices surging across the board, despite recent pullbacks. In New Jersey, United States, a county yielded profits after liquidating seized cryptocurrencies during a drug investigation. Authorities Gained...
SBI doubled crypto business profits in past fiscal year
28.4.2021
SBI’s total pre-tax profit from its crypto business surged above $174 million in the past fiscal year
Former Employees From Major South Korean Firms Quit Their Jobs After Pocketing Millions in Crypto Profits
24.4.2021
South Korea’s crypto-sphere has been witnessing a volatile environment in terms of regulatory moves, as bitcoin prices and other altcoins are also having wild moves. Such a scenario hasn’t stopped the country’s middle class to profit from the crypto market, even with very...
Anonymous Dogecoin Holder Donates Profits to a Dog Shelter in Florida
23.4.2021
In the last few days, the popular meme-based cryptocurrency has witnessed wild movements across the board, going up and down. An anonymous woman who holds dogecoin and profited from the latest all-time high ($0.44) made a philanthropic maneuver in favor of dogs. Woman Left A “Dogecoin”...
Bitcoin Is Sky-high. Don’t Miss Out on Hundreds of Thousands in BTC Profits
16.4.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Every time we think that the price of Bitcoin has peaked it just seems to shoot up even more and it is now at an all-time high, having pushed through the 64,000 USD barrier for the first time. Not only...
Linux Foundation launches blockchain-based platform for insurance
13.4.2021
The Linux Foundation and the American Association of Insurance Services are co-launching a blockchain-based platform to help the insurance industry
Bitcoin’s comeback, XRP doubles in a week, Coinbase’s big profits: Hodler’s Digest, April 4–10
10.4.2021
This clever Bitcoin options strategy brings pro BTC traders big profits
23.3.2021
Pro traders often use the front spread options strategy to generate hefty returns without having to pay for their positions upfront
NFT special! Beeple’s millions, Banksy profits, problems for Kings of Leon: Hodler’s Digest, March 7–13
13.3.2021
Nervous newbies are taking profits while long-term BTC investors hodl strong
11.3.2021
Despite short-term Bitcoin trading spiking in January, wallets that have been inactive for at least three years are the largest segment of the BTC holders
HODLer claims to have used crypto profits for father's cancer treatment
9.3.2021
A Redditor reportedly recommended an acquaintance invest in ADA, XDC, GLM, NEXO, and ETH back in 2019
Gemini collaborates with The Giving Block and others, adds donations option
25.2.2021
Gemini has made digital asset giving more convenient for its users
South Korean PC Gaming Rooms Rely on Crypto Mining to Profit During the Coronavirus Pandemic
25.2.2021
The coronavirus pandemic has significantly hit several entertainment routines of the people worldwide, and South Korea is not an exception. PC gaming rooms had to shut down in the country, but their owners found a way to make profits during the lockdown by participating in crypto mining. A PC Bang...
South Korea fastracks 20% tax on Bitcoin and crypto profits to 2022
22.2.2021
After much back and forth, South Korea appears to have finally set a hard date for the dawn of cryptocurrency taxation
Bitcoin miners are hodling while long-term investors take profits
16.2.2021
On-chain data shows that while miners are selling less BTC, old investors are realizing profits
Control Developers Doubled Their Profits In 2020 Without Making A Game
15.2.2021
Remedy Entertainment, they behind Max Payne and 2019's Control, made more than twice as much money in 2020 as they did the year before. Yet they didn’t release a new game. They just kept releasing an old one instead.Read more
Looking to Make Profits Bypassing Bitcoin Volatility? Consider Bexplus Wallet
15.2.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Bitcoin is in a volatile phase again and market sentiments are divided. While analysts send comfort words that Bitcoin's long-term trend remains bullish, many traders are skeptical about whether Bitcoin...
US Treasury Secretary Janet Yellen Says ‘the Misuse of Cryptocurrencies Is a Growing Problem’
12.2.2021
Janet Yellen, the new U.S. Treasury Secretary, has warned about “a growing problem” from “the misuse of cryptocurrencies.” She emphasized that “cryptocurrencies have been used to launder the profits of online drug traffickers; they’ve been a tool to finance...
South Korean Telecoms Giant KT Posts ‘Sevenfold’ Blockchain Profits
10.2.2021
The coronavirus pandemic has slowed down trade in a huge swathe of industries, but some, such as the telecommunications sector – appear to be thriving, with blockchain sales rising for KT, one of South Korea’s biggest mobile carriers.
Per Newsian, KT’s operating profits rose by 2% in the past...