The IRS’s recent decision to refund $3,000 to a Nashville couple does not protect staking rewards from future taxation. Source
Your Staking Rewards Are Still Taxable
Day: February 8, 2022
Parabolic Bitcoin Indicator Could Suggest The Local Bottom Is In
When Bitcoin rallies, it historically has gone parabolic and blasted off to astronomical prices before each cycle peaks. Recently, rallies have been few and far between, cutting the price per coin down to around $33,000 at the local low. The plummet, however, fell short of tagging a “parabolic” indicator and it could mean that the local bottom is in. Here is more about the Parabolic SAR, the potential signal, and other supporting evidence that the bottom might already be in. Parabolic Uptrend Intact, Says Indicator With 95% Confidence Rate Bitcoin…
PayPal establishes advisory council for crypto and blockchain
Major U.S.-based payment processor PayPal has assembled a team of industry experts to act as advisors on crypto, blockchain, and digital currencies. In a Tuesday announcement, PayPal said the addition of six members to its Blockchain, Crypto and Digital Currencies advisory council would help support its current and future products as well as its goal of creating a more inclusive digital financial ecosystem. Fortress Investment Group co-CEO Peter Briger, Georgetown University Law Center professor Chris Brummer, Weizmann Institute of Science professor Shafi Goldwasser, former Commodity Futures Trading Commission chair Timothy…
A Deep Dive into Technical Analysis
Sometimes it sounds suspenseful and scary. There’s talk about a dead cat, a black swan, and a death cross. At other times, it sounds Einsteinian. There are EMAs, SMAs, and RSIs. There are Fibonacci levels, Elliot waves, and don’t forget about the Moving Average Convergence-Divergence (MACD). Pretty heady stuff. It can even sound poetic. “The trend is your friend. When in doubt, zoom out.” The “IT” I refer to is Technical Analysis (or what is commonly called TA). This tool in the toolbox of so many financial advisers is not…
Types of Cryptocurrency mining (In Hindi)
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io According to my thought. There we can mine Cryptocurrency with 6 methods. (1) Smartphone based mining, (2) Browser based mining, (3) CPU mining, (4) GPU mining (5) Staking as a mining, (6) Hotspot mining ( new implemented but not on ground in india) Blog about mining rig build with detail information with your questions and answers in Hindi & English Version www.miningrigbuild.blogspot.com Complete Cryptocurrency mining rig setup video link:- PAID SUPPORT Note: Cryptocurrency mining और set up के लिए पुछताछ आप एक…
Bitcoin Stalls Near Resistance; Lower Support at $40K
The relative strength index (RSI) on the four-hour chart is declining from overbought territory, similar to what occurred in late December amid a short-term downtrend. This time, however, bitcoin has broken above previous resistance levels, which means the current pullback could stabilize soon. Original
Your Right to Anonymity Ends Where Risk to My Money Begins
In other words, whether as a consumer or voter, you can’t make a real decision unless it is an informed decision. And over time, a bunch of collective decisions made on incomplete or inaccurate information can lead an entire industry, economy or even an entire society in the wrong direction. That’s why in the United States, as one legal analysis puts it, “public figures have almost no right to privacy, even when the published information about them is false.” Source
Sotheby’s to Auction 104 CryptoPunks for Estimated $20M-$30M
“CryptoPunks are the original PFP series that created the template for other NFT projects that have followed, and which helped propel NFTs to the global stage as one of the most recognizable visual styles that have become synonymous with the digital art movement,” said Michael Bouhanna, Sotheby’s co-head of digital art, in a statement. Source
Bitcoin Taker Buy/Sell Ratio Shows “Buy” Signal As BTC Lifts Off
On-chain data shows the Bitcoin taker buy/sell ratio is now lighting up a “buy” signal as the price of the crypto begins to take off. Bitcoin Taker Buy Sell Ratio Suggests Now May Be A Good Time To Buy As explained by an analyst in a CryptoQuant post, the taker buy sell ratio metrics can be used to find viable entry and exit spots in the market. The “Bitcoin taker buy volume” is an indicator that measures the volume of buy orders filled by takers in perpetual swaps. Similarly, the…
US Seizes 94,636 Bitcoin From 2016 Bitfinex Hack in ‘Largest Crypto Seizure to Date’ — 2 People Arrested – Exchanges Bitcoin News
The U.S. Department of Justice (DOJ) has announced the seizure of 94,636 bitcoins directly linked to the 2016 hack of the cryptocurrency exchange Bitfinex. This is the DOJ’s “largest cryptocurrency seizure to date.” In addition, two people have been arrested in connection with the hack and stolen cryptocurrency. Bitfinex Hack’s Stolen Bitcoins Seized, 2 People Arrested The Department of Justice (DOJ) announced Tuesday that the U.S. government has seized stolen cryptocurrency directly linked to the 2016 hack of the cryptocurrency exchange Bitfinex. According to the announcement, this is the DOJ’s…