Browsing Category
Cryptocurrency
Bitcoin will hit $200K before $70K ‘bear market’ next cycle — Forecast
Bitcoin (BTC) has “well-formed” evidence, which suggests that its next all-time high will top out at $200,000, one analyst says.In a tweet on Jan. 27, popular Twitter commentator Trader Tardigrade, also known as Alan, also revealed $70,000 as the next potential bear market bottom.Stochastic indicator offers Bitcoin bulls historical firepowerFor…
Read More...
IRS Clarifies Qualified Appraisal Requirements for Cryptocurrency Donations – The NonProfit
In a memo regarding cryptocurrency (CCA 202302012) released on January 10, the Office of the Chief Counsel of the Internal Revenue Service (IRS) provided two important reminders for both donors and charities regarding qualified appraisal rules governing cryptocurrency contributions.
According to Aaron Fox, a partner with Marcum LLP, a…
Read More...
How Cryptocurrency Is Changing the Restaurant Industry
Sponsored content by binance.com
The restaurant industry is no stranger to advances in technology, and the latest trend in the sector is cryptocurrency. In recent years, many restaurants have begun accepting cryptocurrencies such as Bitcoin and Ethereum. Due to a reduction in Bitcoin price, more people are entering the market specifically…
Read More...
Exclusive: Binance moved $346 mln for seized crypto exchange Bitzlato, data show
LONDON, Jan 24 (Reuters) - Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by U.S. authorities last week for allegedly running a "money laundering engine," blockchain data seen by Reuters show.The Justice Department on Jan. 18 said it charged Bitzlato’s…
Read More...
Bankrupt Crypto Lender Genesis Owes Over $3,800,000,000 to Firm’s Largest 50 Creditors –
New documents reveal that embattled crypto lender Genesis owes billions of dollars to its 50 largest creditors.
In recent voluntary bankruptcy filings, the crypto firm divulges that it owes $3.8 billion to its largest creditors, which include hedge fund manager VanEck and the Stellar Development Foundation, the developers of XRP rival…
Read More...
Following Bitcoin’s Rally, This is the Next Major Target for BTC (Price Analysis)
Bitcoin has initiated an explosive rally after finding support amid the $16K price level. Since then, BTC surpassed the 100-day and 200-day moving averages at $18K and $19.6K.
After a prolonged downtrend, the price breaking above the 200-day moving average is a substantial bullish sign for the market. If the bulls maintain the…
Read More...
Bitcoin due new ‘big rally’ as RSI copies 2018 bear market recovery
Bitcoin (BTC) is in for a new “big rally” as market strength copies conditions from after the 2018 bear market.According to the latest analysis, BTC/USD will continue to head higher “after some consolidation” thanks to key signals from its relative strength index (RSI).Bitcoin prints never-before-seen bullish divergenceWith the BTC price gains…
Read More...
Cryptocurrency is now the 2nd most widely held financial asset among women, survey shows
Crypto ownership rose among women during 2022, making it the second most widely held asset class held by that group, eToro said.
In its fourth-quarter survey, 34% of women said they owned crypto, up from 29% in the prior quarter.
The ownership…
Read More...
JPMorgan CEO Says Rates Could Hit 6% And Bitcoin Is “A Hyped Up Fraud”
(Photo by Mark Wilson/Getty Images)Getty Images
Key takeaways
JPMorgan CEO Jamie Dimon has given an interview at the World Economic Forum in Davos, Switzerland, and he wasn’t mincing words.
He believes that inflation might not yet be under control, and that we could see interest rates hit 6% in 2023.
Dimon also had strong words to say on…
Read More...
New Cryptocurrency to Invest in 2023 – Newest Coin Launches
New York, NY --News Direct-- Finance NewsInvestors are always looking for the next new cryptocurrency to invest in for upside potential.This guide discusses the top new cryptocurrency releases for 2023 and takes a look at the tokenomics, utility, and investability of each project.Best New Cryptocurrency To Buy For 2023 - Quick ListBelow is a…
Read More...