Day: March 17, 2021

Bitmex Cofounder Ben Delo Surrenders to US Authorities— Arthur Hayes to Follow in April – News Bitcoin News

boss

Legal issues with crypto exchange Bitmex’s cofounders still make the headlines. Benjamin Delo surrendered to the U.S. authorities, and Arthur Hayes agreed to make the same maneuver in April. Delo Released on a $20M Bail Bond According to Bloomberg, Bitmex’s cofounder Benjamin Delo traveled from the U.K. to the United States and pleaded not guilty before U.S. Magistrate Judge Sarah L. Cave. However, he was later released after posting a $20 million bail bond. Per the release terms, Delo was allowed by the judge to return to the United Kingdom.…

US-based crypto users likely still have to pay taxes on NFTs, says CNBC

boss

Tax season is almost upon crypto users based in the United States, and even if they plan on keeping their assets digital, nonfungible token — or NFT — buyers might not get off scot-free. According to a CNBC report today, people who use the profits from their crypto holdings to purchase NFTs will likely still have to pay capital gains tax up to 20% when filing their U.S. taxes. “Collectors who are buying NFTs with their cryptocurrency gains could face large tax bills this year for deals that most probably…

Strong fundamentals push Dego Finance, Orbs and Harmony (ONE) price higher

boss

Bitcoin (BTC) has continued to challenge the status of legacy markets as the market capitalization of the digital asset surpassed the combined market cap of Visa and Mastercard ($871 billion). Bitcoin’s $1.15 trillion market capitalization has also overtaken the combined value of JPMorgan Chase, Bank of America and the Industrial and Commercial Bank of China, which are the world’s three largest banks. As Bitcoin gains in size and sustains it, several new institutional investors are likely to jump on the crypto bandwagon. Additionally, traditional businesses are closely watching the decentralized finance…

CNBC Bitcoin Debate! Pompliano vs Jason Cal. Michael Saylor “FED removed M2 money tracker today”🤯

boss

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Full Michael Saylor HyperChange Interview: Top 5 picks for 2021🚀📈: Top 5 Crypto Exchanges 2021📊Best Safe Secure. OKEX Voyager Bittrex Coinbase Binance Gemini Kracken: How to build a crypto portfolio with only $900🚀: Twitter: @RexYoung23 $10 Free Bitcoin:  ‪coinbase.com/join/blair_7m?src=ios-link‬ $10 Free EOS – ‪ $10 Free XLM – ‪ $10 Free COMP – Music license purchased by: ‪ #Bitcoin #BTC #Michael Saylor #Pompliano ***NOT financial, legal or tax advice. This content is for entertainment purposes only and I am not an expert nor…

Cash App Users Can Send and Receive Bitcoin Within the App for Free

boss

In brief: Users of Cash App can now send and receive Bitcoin to other users within the app without incurring transaction fees This means that they can send Bitcoin in a manner similar to sending fiat Such a move by Cash App is bound to increase the use and adoption of Bitcoin Retail investors bought more Bitcoin than institutions this quarter through Paypal and Cash App The popular mobile payment company of Cash App has just announced that sending and receiving Bitcoin on the app will no longer incur transaction…

Glassnode: Bitcoin Mining Profits Hits New All-Time-High 

boss

Glassnode has revealed via its latest weekly newsletter released on March 15, 2021, that bitcoin (BTC) miners’ daily revenue has surged to a new all-time-high (ATH) of $52.3 million, just as the price of the world’s flagship cryptocurrency kissed 61k for the first time ever over the weekend. Miners Now Making Crazy Profits  Unlike in proof-of-stake (PoS) based cryptocurrencies, where holders stake their coins to secure the network, the task of securing proof-of-work (PoW) powered blockchains such as Bitcoin is carried out by miners who invest in expensive hardware and…

US Bond 10-Year Treasury Yield Hits 13-Month High Pushing Bitcoin (BTC) under $53K

boss

While Bitcoin takes a dip with the rising bond yields, analysts still remain hopeful that BTC price is all poised to surge from the current levels. The 10-year US Treasury Yield has once again put volatile asset classes like Bitcoin (BTC) under pressure. On Wednesday, March 16, the US Treasury Yield surged to 1.67% hitting its 13-month high. The recent surge comes just two days ahead of the press release of Federal Reserve Chairman Jerome Powell. However, this has put the BTC/USD trading pair under severe pressure. As per the…

Grayscale Adds LINK, BAT, MANA, FIL and LPT Investment Trusts

boss

Grayscale Investments now supports 14 trusts including Bitcoin and Ethereum trusts. Digital Currency Group-backed Grayscale Investments has launched five new digital currency investment trusts. Among the new trusts includes Grayscale Chainlink trust, Grayscale Basic Attention Token trust, Grayscale Decentraland trust, Grayscale Filecoin trust, and Grayscale Livepeer trust. Grayscale noted that there has been a huge influx of digital assets demand in the recent past. The demand has emanated from both institutional and individual investors. Through a statement during the press release, Grayscale CEO Michael Sonnenshein noted that the demand in…

BITCOIN 27.000$ LA FUSEE NE S'ARRETERA JAMAIS !? btc analyse technique crypto monnaie

boss

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Le BTC serait peut être sorti de sa baisse , nous abordons une analyse graphique bearish et bullish ensemble ! Nous voyons en détail chaque support, résistance, et figure envisageable durant ce fameux dump ou pump BITCOIN ! _______________________________ Pour faire un don en EURO ou en BITCOIN : Pour faire un don en BTC / Bitcoin: 1Q87XPt9PMjTCeFhEgN4FaqSwTfSqm6b3C _____________________________ Mes analyses ne sont que mon point de vue du marché, il ne faut pas prendre ce que je dis comme conseil financier…

A little bit of history repeating? The numbers behind Bitcoin’s bull run

boss

The idea of market cycles is widely accepted in finance. The most basic principle is that what goes up must come down. The underlying rationale is that investors will accumulate when prices are low, causing prices to rise. As the price reaches a peak, sell pressure will take over as holders seek to cash out, thereby pushing the price back down.  If you bought Bitcoin (BTC) in 2017 or earlier, this will sound eerily familiar. It essentially describes what happened during the last bull run when BTC hit a high…