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The G7 Taxman Is Coming for Your Crypto Profits
9.2.2021
Tax authorities around the world have indicated that they will not sit back and watch crypto traders get rich as prices skyrocket – with new tax measures set to come into play in Europe, Asia and beyond.
The G7, which comprises Canada, France, Germany, Italy, Japan, the UK, and the United States...
Dollar-Cost Averaging Crypto Profits: Low-Risk Bitcoin Investing Without All the Stress
17.1.2021
Bitcoin prices and a number of other digital assets have grown significantly in value during the last decade. Some people have made millions and even billions throwing down everything they have during the cryptocurrency’s earliest days of price discovery. However, there’s another method...
Rapid Profits: Bitcoin Hashrate Accelerates While Mining Difficulty Touches All-Time High
14.1.2021
The Bitcoin network’s hashrate has been operating at very high processing speeds during the last few weeks, as the overall hashrate touched a whopping 171.2 exahash per second (EH/s) on Monday. Moreover, the network’s mining difficulty has also touched an all-time high (ATH) at 20.61...
Coinbase Apologizes To European Users For Missed Higher Profits
13.1.2021
In the aftermath of its recent connectivity issues that deprived numerous users of access to their cryptoassets amid skyrocketing prices, major crypto exchange Coinbase has issued an apology to its Europe-based customers. While putting the blame for the difficulties at the recent market rally...
South Korean Government to Start Taxing Crypto Trading Profits in 2022
8.1.2021
The South Korean government has issued an amendment to introduce tax on cryptocurrency trading profits. The plan is now a reality after several attempts to delay it by lawmakers. New Rules Impose 20% Tax on Crypto Profits Per Asia Today, the legislative notice details that the amendment will...
South Korea to introduce a 20% tax on crypto trading profits in 2023
7.1.2021
After several delays, the South Korean government is going ahead with a plan to tax cryptocurrency holders
South Korean Politicians Won’t Be Required to Disclose Their Crypto Holdings After Proposals Failed to Pass the National Assembly
6.1.2021
South Korean politicians won’t be required to disclose their crypto holdings or crypto-related earnings as no fewer than three cryptocurrency-related bills failed to pass the National Assembly. Proposal Submitted in November 2020 According to the Electronic Times, the bills aimed to require...
Publicly-Listed Bitcoin Mining Operations See Shares Skyrocket, Riot Blockchain Market Cap Reaches $1B
30.12.2020
While bitcoin’s value has captured new all-time price highs, a number of publicly listed bitcoin mining operations have seen significant profits. The U.S.-based firm Riot Blockchain’s market valuation recently obtained a $1 billion capitalization. Meanwhile, a number of other bitcoin...
Redditor memes his way to $25K in Bitcoin profits
29.12.2020
This is the story of a Redditor’s roundabout way of making a hefty Bitcoin profit
Bitcoin All-Time Price High Surpasses $28K, BTC’s Half Trillion Market Cap Now Bigger Than Visa
27.12.2020
Bitcoin markets have been seeing a lot of action this weekend, as the price of the crypto asset touched another all-time high (ATH) at $28,378 per coin. Toward the end of 2020, the cryptocurrency’s market capitalization has crossed a whopping half of a trillion U.S. dollars in value....
Portnoy’s small business relief fund now accepting Bitcoin, crypto donations
25.12.2020
Barstool Media’s charity drive helping small businesses has enabled cryptocurrency donations
Bitcoin on Exchanges Drop to Lows Not Seen Since 2018, Long-Term Holders Realize Profits
14.12.2020
According to data, bitcoin balances on exchanges are shrinking a great deal and have dropped to levels not seen in two years. Arcane Research detailed that charts showing the number of bitcoin leaving exchanges has seen a sharp decline and has been “one of the main stories of the year.”...
Report: November Sell-off by Long Term BTC Holders Does Not Signal an Approaching Bear Market
8.12.2020
A recent Glassnode report says some long-term holders (LTHs) of bitcoin offloaded part of their holdings and cashed out their profits during a bull-run. Still, the report explains that the sell-off, which has been noticeable since late November, is not necessarily a sign of an approaching bear...
Digital ruble will undercut bank profits but help businesses: Bank of Russia
7.12.2020
Russia's central bank wants the digital ruble to help businesses by cutting out financial middlemen
Binance Expects to Earn From $800M to $1 Billion This Year, CEO Says: Report
4.12.2020
That's up from about $570 million in 2019
Binance Expects Up to USD 1B In Profits This Year + More News
4.12.2020
Source: Instagram, Binance
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Binance expects to have profits of USD 800m to USD 1bn this year, up from about USD 570m last year...
Peafarm – NFT Crypto Games on Tron 4.0 Platform, Airdrop Is Now Live
29.11.2020
PRESS RELEASE. NFT (non-fungible token) had been used in the construction of decentralized gaming platforms, issuing proprietary tokens, anti-copy and copyright related issues. It is expected to be a new trend that will attract the attention of investors because of the profits and practical...
US Banks Face a Massive Commercial Real Estate Crisis Looming on the Horizon
17.11.2020
Financial incumbents may face a harsh reality soon, as a commercial real estate crisis has threatened the profits from America’s largest banks. A number of reports show that banks with a large amount of commercial real estate in their portfolios may see a significant fallout in the next...
Social media problems and solutions: ‘Centralization is not sustainable’
15.11.2020
What lies at the heart of the current problems with social media? What can and cannot be fixed?
S9 Resurrection: Higher Bitcoin Prices Allow Miners to Switch Outdated Mining Rigs Back On
14.11.2020
With bitcoin prices hovering over a certain handle, a great number of old ASIC mining rigs manufactured years ago are starting to become profitable again. Reports indicate that in China, where the average electricity cost is around $0.06 per kilowatt-hour (kWh), miners are starting to leverage...