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Bitcoin Market Realized On-chain Losses for First Time in Over Two Weeks – What This Means for BTC Price
10.2.2023
Read More: Bitcoin Market Realized On-chain Losses for First Time in Over Two Weeks – What This Means for BTC Price
Tax strategies allow crypto investors to offset losses
4.2.2023
Reporting cryptocurrency when filing taxes can help investors offset their losses
Meta Calls 2023 a ‘Year of Efficiency;’ Anticipates More Losses in Its Metaverse Division
4.2.2023
Meta, the company that owns Facebook, Instagram, and Whatsapp, has shared its fourth quarter results, reporting better numbers than expected. While the company beat revenue estimates, CEO Mark Zuckerberg declared 2023 a “Year of Efficiency,” hinting at a further restructuration of...
Experts Predict Future Regulation of Crypto Exchanges by 2025, With Split Opinion on Similarity to Traditional Finance
3.2.2023
Following finder.com’s reports on bitcoin and ethereum predictions, the product comparison site polled 56 specialists in the fintech and cryptocurrency industry to gauge their thoughts on future regulation of crypto exchanges. The experts predict that virtual currency trading platforms will...
Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say
3.2.2023
Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted. The benefits for consumers using the new digital currency are not that obvious as they may not be paid any interest or cashback. Launch of Russia’s...
MicroStrategy says no plans to stop trading BTC as paper loss hits $1.3B
3.2.2023
The company also booked a loss of $34 million on its first-ever Bitcoin sale last quarter but said it was conducted to harvest a tax loss
Meta CEO Zuckerberg steadfast on metaverse plans despite $13.7B setback
2.2.2023
During a Q4 earnings call on Feb. 1, Mark Zuckerberg said he saw no reason to deviate from their long-term Metaverse strategy
Crypto exploit losses in January see nearly 93% year-on-year decline
1.2.2023
Around $8.8 million was lost to crypto exploits in January, a massive decline from the figures this time last year
Tesla’s SEC Filing Shows Bitcoin Fair Market Value of $191 Million
1.2.2023
Tesla’s latest filing with the U.S. Securities and Exchange Commission (SEC) shows that the fair market value of the company’s bitcoin holdings was $191 million at the end of 2022. In addition, billionaire Elon Musk’s electric car company recorded $204 million of impairment...
Biggest Movers: DOGE Hits 8-Week High as Meme Coins Rally on Tuesday
31.1.2023
Dogecoin climbed to an eight-week high on Jan. 31, as prices broke out of a key resistance level on Tuesday. The meme coin surged ahead following the release of the latest consumer confidence report in the United States. Shiba inu also moved higher, rebounding from losses to start the week....
S Korean Police Probe Possible $8m Crypto Scam Targeting Investors Who’d Suffered Losses
31.1.2023
South Korean police are probing a possible $8m crypto scam – after a group of 40 alleged victims complained they were tricked into buying a potentially worthless or non-existent cryptoasset....
Read More: S Korean Police Probe Possible $8m Crypto Scam Targeting Investors Who’d Suffered Losses
Derivatives Body ISDA Hopes New Digital Asset Norms Will Avoid FTX-Style Losses
26.1.2023
The traditional finance standard-setter has set out new digital asset definitions and is looking into crypto bankruptcies, as companies from Celsius to BlockFi undergo lengthy legal proceedings
Bitcoin, Ethereum Technical Analysis: BTC Back Above $23,000 Following Tesla Q4 Earnings Report
26.1.2023
Bitcoin rallied back above $23,000 on Thursday, following the release of Tesla’s quarterly earnings report. The report showed that Tesla was holding 9,720 bitcoin, worth $223 million. Ethereum was also higher, as prices were back above $1,600, rebounding from recent losses in the process....
XRP is bullish: Will it finally recover its losses in 2023?
25.1.2023
XRP is an altcoin that did not perform well in the last few years because of its lawsuit against the SEC, but the case will be resolved in the first half of 2023, and crypto enthusiasts are optimistic about Ripple’s journey in the next few years. At the time of writing this post, XRP was …
Biggest Movers: SOL Rebounds From Recent Losses, ATOM 5% Higher on Friday
20.1.2023
Cosmos raced higher for a second straight session, after recently snapping a four-day losing streak. Friday’s move saw the token move closer to a key resistance level of $12.50. Solana also moved higher earlier in the day, as price bounced from a key support point. Cosmos (ATOM) Cosmos...
Biggest Movers: XMR, DOT Move Higher, Rebounding From Recent Declines
17.1.2023
Monero rebounded from recent losses on Tuesday, as the token attempted to recapture recent highs. The move comes as U.S. markets reopened following a public holiday on Monday. Polkadot also moved higher in today’s session, snapping a two-day losing streak. Monero (XMR) Monero (XMR) rebounded...
Alameda wallet under liquidator control incurred $11.5M in losses: Arkham
17.1.2023
According to crypto analytics firm Arkham, at least $4 million of these losses were "preventable losses."
BTC price cancels FTX losses — 5 things to know in Bitcoin this week
16.1.2023
The ghost of FTX haunts the crypto industry, but Bitcoin is attempting to leave it behind as BTC price gains endure
Korean Court Orders Crypto Exchange to Pay Customers Suffering From Service Outage
16.1.2023
South Korea’s supreme court has upheld the ruling for Bithumb, the country’s largest cryptocurrency exchange, to pay damages to more than a hundred customers who filed a lawsuit claiming they suffered financial losses resulting from the exchange’s service outage. Bithumb...
Short Traders Suffer $200M in Losses as Ether, Cardano Lead Crypto Majors' Gains
12.1.2023
Crypto market capitalization has increased some 3.5% in the past 24 hours