Tesla Holding Bitcoin Worth $2 Billion — Sees Crypto as Both Investment and Liquid Alternative to Cash – Featured Bitcoin News

Elon Musk’s electric car company, Tesla, has filed an annual report with the U.S. Securities and Exchange Commission (SEC) showing bitcoin holdings with a fair value of almost $2 billion at the end of December. The company sees crypto as both an investment and liquid alternative to cash. Tesla Has $2 Billion in Bitcoin Tesla filed an annual report with the U.S. Securities and Exchange Commission (SEC) Friday. “We continue adapting our investment strategy to meet our liquidity and risk objectives, such as investing in U.S. government and other marketable…

The Bear Signal That Suggests Another Bitcoin Crash Is Coming

Bitcoin has recently recovered above $40,000 to much fanfare from investors. This has been a long time coming given how low the digital asset had gotten following the market crash. It is a significant point to cross in the road to another bull rally. One thing though, is that the cryptocurrency still has a long way before it is back in bull territory, which market analyst Justin Bennett puts at the $45,000-$46,000 level. As the market tries to work its way towards this bull trend, there are also signals that…

India’s Crypto Tax May Curb Excessive Speculation, Bring Institutional Demand

CryptoX – Cryptocurrency Analysis and News Portal Earlier this week, Finance Minister Nirmala Sitharaman announced that profits from the sale of virtual assets would be taxed at a flat rate of 30% without any deductions or exemptions. The rate is on par with the highest income tax band, which applies to individuals earning more than 1.5 million rupees ($20,000) a year. The government also introduced a 1% tax, deducted at source (TDS), on cryptocurrency trading. Source The post India’s Crypto Tax May Curb Excessive Speculation, Bring Institutional Demand appeared first…

Crypto Market Crash Reason Today| Cryptocurrency News And Update Now| Bitcoin Trading Bangla|

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The Lunar Metaverse Launches Revenue Generating NFT Land Sale – Sponsored Bitcoin News

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Bitcoin On Track To $50K, Why BTC Whales May Blaze The Trail

Bitcoin is back on the green side across the board with important gains on lower timeframes. The benchmark crypto managed to push away from the high area around $30,000, taking off deep into the $40,000 territory. Related Reading | Is The Bitcoin Bottom In? Here’s What SOPR Data Says As of press time, Bitcoin trades at $44,351 with a 6.4% profit in the last 24-hours. BTC with important gains on the daily chart. Source: BTCUSD Tradingview During today’s trading session, BTC’s price seems to be positively reacting to several bullish…

ENS dumps director of operations in condemnation of homophobic tweets

True Names Limited, the nonprofit behind distributed domain protocol Ethereum Name Service, announced it would be ending its contract with director of operations Brantly Millegan after many uncovered his previously posted anti-LBGTQIA tweets. On Feb. 6, the decentralized autonomous organization of Ethereum Name Service, or ENS, asked users to weigh in on what actions, if any, should be taken against Millegan in regards to a May 2016 tweet in which he said “homosexual acts are evil” and “transgenderism doesn’t exist.” The DAO said some had proposed suspending Millegan from his…

DeFi’s Aave Launches Web 3 Social Media Platform ‘Lens’

In the case of Lens, interoperability and composability will be key features of the new platform. According to the Lens website, the protocol’s name comes from Lens Culinaris, a “tall, branched plant” that has “a symbiotic relationship with certain soil bacteria. If the roots are left in the ground, they will provide a source of nitrogen for its neighbor.” Source