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Joe Biden’s Proposal to Double Capital Gains Tax Rate Shakes Financial Markets
23.4.2021
The Biden administration has revealed plans to raise taxes on investors who are millionaires according to a flurry of recent reports. President Joe Biden wants to overhaul the U.S. economy in order to help fund American childcare and education. Biden’s proposal will almost double the current...
Price analysis 4/23: BTC, ETH, BNB, XRP, DOGE, ADA, DOT, UNI, LTC, BCH
23.4.2021
Bitcoin price continues to come under pressure from sellers while Ether and BNB are attempting to buck the trend
5 reasons Bitcoin and Ethereum plummeted 15% in a single day
23.4.2021
Bitcoin and Ethereum fell 15% and 20%, respectively, in one day, but why so much and so quickly?
Ethereum ETFs are here, building case for US approval of BTC and ETH funds
23.4.2021
While Bitcoin may evolve to become gold 2.0, Ether-based funds could offer investors exposure to a new utility technology
Bitgo Chosen to Manage Seized Cryptocurrencies for the US Marshals Service
23.4.2021
The U.S. Marshals Service has published a contract showing the crypto custodian Bitgo has been chosen to manage law enforcement’s seized bitcoin acquired through criminal forfeiture. The contracted deal is $4.5 million for the storage, maintenance, and disposal of cryptocurrencies according...
Egypt’s Growing P2P Volumes Being Driven by Crypto Traders Under the Age of 34
23.4.2021
A recent market report by Localbitcoins suggests that traders or holders under the age of 34 are driving crypto volumes in Egypt. This rise in Egyptian crypto transactions is evidenced by P2P data which shows the crypto asset’s weekly traded volumes averaging $205,000 in much of Q1 of 2021....
Analyst enters $32.5K Bitcoin buy order as hodlers bet on $46K BTC price bottom
23.4.2021
Peter Brandt is bracing for bigger price drops as technical indicators suggest bulls will yet be spared an apocalyptic crash
Bitcoin price 'relief' move to $47K pushes BTC below stock-to-flow trajectory
23.4.2021
The creator of the stock-to-flow models, PlanB, says that Bitcoin is still acting "like clockwork" with regard to the their predictions
Report: Banking Giant Natwest to Refuse Service to Businesses That Accept Cryptocurrencies
23.4.2021
The major retail and commercial financial institution National Westminster Bank (Natwest) has categorized cryptocurrencies as “high risk” and refuses to serve business customers who accept digital assets for payments. A Natwest board member, Morten Friis, explains the bank has...
YouTuber claims he'll buy 111 Tesla Model 3s... if Elon Musk accepts Bitcoin Cash
23.4.2021
He’s committed to buying 111 Tesla Model 3s if BCH is added as a payment method. Is it a publicity stunt or something more?
Bitcoin vs Gold Debate: Frank Giustra Says BTC Not the Answer to All Problems, Crypto Proponents Exhibit Cult Behavior
23.4.2021
The bitcoin vs. gold debate between gold financier Frank Giustra and the pro-bitcoin Microstrategy CEO Michael Saylor took place this week. In what viewers call an “epic” debate and a “historic” event, Saylor packed his arguments full of facts to convince Giustra to sell...
Another US City Aims to Become Bitcoin Hub — Exploring BTC Payroll, Mining, Holding Crypto in Balance Sheet
23.4.2021
Another U.S. city, besides Miami, is looking to become a bitcoin hub. The mayor of the city of Jackson TN says that his city is exploring payroll conversions in crypto in addition to bitcoin mining to add the cryptocurrency to its balance sheet. Jackson TN Looking to Become a Bitcoin Hub Mayor...
Here’s why bulls aren’t this buying the Bitcoin price dip to $50,000
22.4.2021
Data shows pro traders are not buying the current Bitcoin dip as tomorrow’s $1.55 billion options expiry looms
Square’s Cash App raises minimum Bitcoin withdrawal to 0.001 BTC
22.4.2021
A 0.01 BTC withdrawal is equivalent to around $51.80 based on current prices
Ethereum hits $2.6K all-time high as Bitcoin market dominance falls below 50%
22.4.2021
Altcoins begin to deliver gains on Thursday, while Bitcoin stays down, bringing its market cap dominance below 50%
Canaan to Ship 11,760 Next-Generation Bitcoin Miners to a US-Listed Firm, CAN Shares Jump 11%
22.4.2021
On April 21, the bitcoin mining rig manufacturer Canaan announced the firm will be supplying 11,760 next-generation A1246 ASIC Avalonminers to a company called Mawson Infrastructure Group. The announcement notes that the mining units will be dispersed among Mawson’s bitcoin mining operations...
Bitcoin whale watching: This metric that called the 2017 top is now flashing red
22.4.2021
While demand for Bitcoin remains high, current profit-taking behavior suggests that the market may be on the verge of turning bearish
Online Music Store Beatport to Start Accepting Bitcoin Payments, Launches Curated NFT
22.4.2021
A major American DJ-related online music store has joined the crypto adoption frenzy by accepting bitcoin payments. Beatport is the latest firm that adopts a crypto payment gateway after signed a partnership with crypto exchange Crypto.com. Bitcoin Payment Gateway Will Be Launched in June Per Music...
2nd Edition of League of Traders is Here - 4 BTC on The Line
22.4.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
After the successful 1st edition of the League of Traders Competition, whose prize pool consisted of 1.5 BTC, Phemex and LOT are back with the 2nd edition - but this time with 4 BTC on the line.
This...
Bitcoin dominance is about to drop below 50% for the first time in 3 years
22.4.2021
A weakening Bitcoin presence could give altcoins the moonshot they have waited for for three years