Day: January 27, 2022

Diem to Sell Assets to Silvergate Bank for $200M: Report

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

BITCOIN TO $9,000????!!!!!! DON'T IGNORE THIS SCARY CHART!!!!!!!!!! BTC Price Prediction Analysis

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This market trading analysis applies to various exchanges, including Bitmex and Binance. Tackling questions like if Bitcoin can reach all time highs again and if we will be seeing a crypto currency market recovery this year. Things like the lightning network have provided huge improvements for BTC and while it is true that others like Roger Ver with Bitcoin Cash (bcash) may disagree, I do see these blockchain technology innovations to be very bullish fundamental signs for the space. To join VIP,…

Tesla’s Latest Financial Statement Shows Bitcoin Worth $1.26 Billion – Finance Bitcoin News

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Elon Musk’s electric car company, Tesla, did not sell any bitcoin in the fourth quarter, according to the company’s latest financial statement. Tesla is holding bitcoin worth $1.26 billion. The company still has not resumed accepting bitcoin payments but now accepts the meme cryptocurrency dogecoin (DOGE) for some merchandise. Tesla Did Not Sell Bitcoin in Q4 Tesla released its Q4 and FY2021 financial statements Wednesday. The company’s unaudited balance sheet shows net digital assets of $1.26 billion at the end of December last year. This amount is unchanged from the…

Says they won’t take off with its imagery

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Despite a general consensus amongst degen apes that NFTs are headed to the proverbial moon, space agency NASA has revealed it will not clear the use of its content and logos for take off. This is an important clarification as the US government agencies’ images and video content are typically not copyright protected, and can ordinarily be freely used for educational and informative purposes in media. (Its logos meanwhile are copyrighted and can only be used if approved by NASA). While the NFT sector continues to surge full steam ahead…

Crypto’s the future but there are ‘mountains of fraud’

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A top special agent from the Internal Revenue Service has told a conference that NFTs and crypto are the “future” but highlighted that fraud and manipulation is still rampant in the space. Ryan Korner from the IRS Criminal Investigation’s Los Angeles field office made the comments virtual event held on Tuesday by the USC Gould School of Law, Korner. Bloomberg reports Korner said: “We’re just seeing mountains and mountains of fraud in this area.” He told the event the IRS CI division acknowledges the significant growth of the crypto sector,…

Why I'll NEVER Invest in Cryptocurrency

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The reasons WHY I will NEVER invest in cryptocurrency. What are you thoughts on the subject? ➥➥➥ Impossible Finance: Ponzi to Bitcoin Article Read it ⇢ ➥➥➥Richest You MERCH Get It ⇢ ➥➥➥ GET the Richest You: Mastering Money Mini-Course Enroll ⇢ ➥➥➥ SUBSCRIBE FOR MORE VIDEOS Never miss a video. Subscribe ⇢ ➥➥➥ FOLLOW ME Instagram ⇢ Twitter ⇢ Pinterest ⇢ #bitcoin #cryptocurrency #ponzi ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Ban less likely? Putin says crypto mining has advantages in Russia

Russian president Vladmir Putin has given crypto enthusiasts a glimmer of hope for the future of digital assets in the country, which have been under threat from a recent push to ban cryptocurrencies and mining. The strongman leader opened a Jan 26 video conference with members of the Russian government by saying he would like to “start with an issue that is currently in the spotlight — the regulation of cryptocurrencies.” “Of course, we also have certain competitive advantages here, especially in the so-called mining. I mean the surplus of…

Crypto money laundering up by one third in 2021 but still below record

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A new Chainalysis report has revealed that $8.6 billion in value was laundered through cryptocurrency in 2021. It marks a 25% increase from 2020, but still remains well below the high watermark hit in 2019.  That year $10.9 billion in value was laundered via cryptocurrency. Since 2017, Chainalysis estimates that a total of $33.4 billion in crypto has been laundered. Chainalysis points out the $33.4 billion in crypto laundered since 2017 pales in comparison to the estimated $2 trillion in fiat is laundered yearly from offline crimes such as drug…