Bitcoin rose 11% in the past 24 hours, less than the 13% jump in ETH and 20% rise in NEAR, the CoinDesk reported on February, 4. Bitcoin (BTC) and other cryptocurrencies rallied on Friday, reversing losses from a few days ago. Alternative cryptocurrencies (altcoins) outperformed as ether (ETH), the world’s second-largest cryptocurrency, gained 13% over […]
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Tag: crypto news
Tether Freezes $160M of USDT Stablecoin on Ethereum Blockchain
Stablecoin issuer Tether froze three Ethereum addresses on Thursday, holding over $160 million worth of USDT, according to data from Etherscan. The three accounts will now not be able to move funds. In total, Tether has blacklisted 563 addresses on the Ethereum blockchain since November 2017, according to the Bloxy block explorer. Tether has said in the […]
2021 Ends with a Question: Are NFTs Here to Stay?
NFTs are the biggest disrupter in art this year, with artists minting, exhibiting and auctioning, and investors buying, selling and trading. In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues […]
Betting on Tax Bill FUD: 5 Things to Watch in Bitcoin this Week
Fresh hurdles to overcome for Bitcoin sentiment come as fundamentals stay solid and $40,000 refuses to go without a fight. Bitcoin (BTC) is at a crossroads as it starts a new week, hovering around $40,000 but with serious headwinds keeping it from bouncing higher. After an impressive weekend that saw highs above $42,500, a comedown […]
Bitcoin Price Falls After Fed Shifts Interest Rate Hikes Forward Amid Inflation Fears
Stock markets and Bitcoin price took a slight hit after the Federal Reserve announced plans to increase interest rates twice in 2023, a tad bit earlier than markets expected. Bitcoin dropped closer to a key support level and the Dow and the S&P 500 pulled back after the Federal Reserve moved forward its plan for […]
Volatility Ahead: Why The Chaos In Bitcoin And Crypto Is Only Beginning
Bitcoin price plummeted faster and lower than anyone expected, leaving behind a trail of liquidations and investors in shock. Crypto prices across the board tanked by more than 50%, and in most cases have already rebounded by at least 25% of what was lost. The sudden rollercoaster after such a steep ascent makes sense, sending volatility […]
Bitcoin Suffers Biggest Pullback This Year With Drop to 3.5-Month Low
Bitcoin slipped to 3.5-month lows early Monday, confirming the biggest price pullback of the current bull run, the CoinDesk writes. The top cryptocurrency printed a low of $42,212 during the Asian hours, the level last seen on Feb. 8, marking a 35% drop from the record high of $64,880 reached on April 14, according to […]
Ethereum ETF Approved While ETH Gives Bullish Signals
The Ontario Securities Commission (OSC) from Canada has approved four Ethereum Exchange Traded Funds (ETFs) to be launched on April 20, 2021. The financial products were petition by CI Global Asset Management, Galaxy Digital, Purpose Investments, and Evolve ETFs. Three months ago, Canada became the first country in North America to approve a Bitcoin ETF. […]
The Big $60K Hold is On: 5 Things to Watch in Bitcoin this Week
No signs of selling as miners hoard their earnings and institutions keep piling into the latest Bitcoin exposure products to hit the market, the Cointelegraph reported. Bitcoin (BTC) is looking shaky at the start of a new week as $60,000 remains out of reach — could anything change in the coming days? After an average […]
Fresh Wave of Interest Pushes Cardano Near All-Time Highs
ADA recently came within a penny of its previous U.S. dollar all-time price high. Cardano (ADA) made a run at its all-time price high on March 18, following renewed retail interest in the asset. It ultimately hit a price of $1.47 on Thursday, based on TradingView data from the Kraken exchange — just short of its […]