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Are cryptocurrency ransom payments tax deductible?
4.7.2021
Any ransom payments made in cryptocurrency are taxed as property rather than currency, so be aware of the U.S. tax implications
Bitcoin Miner Greenidge Generation Plans to Develop South Carolina Mining Facility
4.7.2021
On Friday, the bitcoin mining operation Greenidge Generation Holdings announced the company is expanding to South Carolina in order to develop the firm’s next bitcoin mining facility. Greenidge details that the carbon-neutral Spartanburg facility will be ready in 2021 or early 2022. Bitcoin...
‘Make or break’ for Bitcoin, Binance under pressure, Strike attacks Coinbase: Hodler’s Digest, June 27–July 3
3.7.2021
South Korean Crypto Exchange Bithumb Bans Employees from Trading Bitcoin
3.7.2021
One of the largest South Korean cryptocurrency exchanges, in terms of trade volume, Bithumb, has announced that employees are banned from trading bitcoin on the exchange platform. The company’s chief executive officer revealed the decision in a Bithumb newsletter focused on improving...
Is Bitcoin in danger of losing $30K with Grayscale's big GBTC unlocking in two weeks?
3.7.2021
Bitcoin prices remain under pressure in the $30,000-$40,000 zone as traders brace for the 16,000 BTC worth of GBTC shares unlocking in July
Bitcoin mining difficulty just fell by a record 28% — But will this help BTC price recover?
3.7.2021
The ratio of Bitcoin price to hash rate presents bulls with a long wait, as hash rate is still migrating
Bitcoin Blocks Will Soon Be 27% Easier to Find — Miners Brace for the Largest Difficulty Drop in BTC’s Lifetime
3.7.2021
Bitcoin, the leading crypto asset in terms of market capitalization, has seen the cryptocurrency’s network hashrate drop considerably during the last two weeks. On Saturday, July 3, the network’s mining difficulty will see the largest epoch drop in history as the difficulty is set...
US State Department Official Wants El Salvador to ‘Ensure Bitcoin Is Well Regulated’
3.7.2021
The U.S. Department of State’s undersecretary of state for political affairs, Victoria Nuland, has explained during a press conference that the U.S. has urged El Salvador to be responsible with the country’s new bitcoin law. Nuland told the press that the U.S. was taking a “tough...
ETH 'Unlikely' To Become 'Popular Currency' But It Still Can Compete With BTC
2.7.2021
Generally speaking, it is highly unlikely that ethereum (ETH) will become a "popular currency," but it still may compete with bitcoin (BTC) in the long run, according to the crypto venture firm Dragonfly Capital.
The firms' General Partner Kevin Hu and Junior Partner Celia Wan wrote...
Bitcoin spring? Wyckoff 'groundhog' indicates crypto winter may last another 6 weeks
2.7.2021
Analysts warns that the Wyckoff Spring phase may still be in the future as mounting pressures could lead to another low in Bitcoin
ETH 2.0 Contract Exceeds 6 Million Ether, Data Shows Ethereum Outperformed BTC in Q1 and Q2
2.7.2021
Statistics show that the Ethereum 2.0 deposit contract has exceeded 6 million ether this week as more than $12.4 billion worth of ethereum is held in the contract today. Onchain metrics show that Ethereum has seen some significant drawdowns in recent times and decentralized finance (defi) activity...
Bitcoin's key momentum metric hints at bullish divergence as BTC clings to $33K
2.7.2021
The RSI is seeing higher lows after rebounding from its oversold areas as Bitcoin price is forming lower lows
Dutch Professional Football Club AZ ‘Confident’ About Bitcoin’s Future, Keeps BTC on Balance Sheet
2.7.2021
Dutch professional football club AZ has formed an exclusive partnership with a regulated cryptocurrency exchange platform, Bitcoin Meester. Part of the sponsorship amount is paid in bitcoin and AZ will leave the cryptocurrency on its balance sheet during the collaboration. The club says it is...
Dutch Football Team AZ Alkmaar to hold Bitcoin and pay players in BTC
2.7.2021
AZ Alkmaar is set to become the first professional football club in the Netherlands to pay player salaries in Bitcoin
Bitcoin bounces at key range amid hope BTC price will avoid 'big nuke'
2.7.2021
A major dip to $20,000 is not expected, one trader says, but lower levels in general are still on the cards going into the weekend
Bulls and bears fight over $34K Bitcoin price as $445M options expiry looms
1.7.2021
Bitcoin bears could take a $31-million lead if BTC falls below $33,000 by Friday’s options expiry, but at the moment, both sides are balanced
'Negative' Bitcoin daily chart means bulls must defend $29K — Peter Brandt
1.7.2021
There's not much to be cheerful about when it comes to short-term BTC price action, the famous trader cautions
Bitcoin posts third monthly red candle with Stock-to-Flow price model echoing early 2019
1.7.2021
It's January 2019 all over again as Bitcoin deviates from stock-to-flow's estimates the most in two-and-a-half years
Bitcoin bulls must now defend $33K support after 5% daily loss
1.7.2021
A test of support levels is on the cards after resistance takes control of Bitcoin's latest attempt to hit $40,000
China's miner exodus a ‘big net positive for crypto,’ Mike Novogratz says
1.7.2021
Despite China's undermining, Bitcoin still exists and survives in lots of ways, Galaxy Digital's CEO says