It’s been a rough few weeks for cryptocurrencies, but things are finally looking up! Cryptocurrencies that have fallen off their highs over the past three weeks appear to be on an upward trajectory again. Crypto winter is thawing as crypto markets are showing some signs of life. For example, Bitcoin, which fell 52% from its November highs to a low of around $33,000, has gained 15% in the past seven days, and Ethereum, which dropped 55% from its all-time high, has rebounded 13%. Related Reading | Bitcoin and Ethereum rebound…
Day: February 9, 2022
Bitcoin News: Die Wale drücken den Preis unter 46.500 USD!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 💬In meiner Telegram Gruppe erwartet dich eine wirklich hilfsbereite Community! Du erhältst Zugang zum Signal-Kanal, einem Chartanalyse-Chat und einer allgemeinen Krypto-Talkrunde…alles FOR FREE! ► Folge 👁️ mir auf Twitter! ► Quellen: Video Beschreibung: ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🔔 Wenn dir mir mein Content gefällt, dann abonniere meinen Kanal und gib mir dein Like! Jede Stimme zählt und mit dem Aktivieren der Glocke bleibst du immer auf dem neuesten Informationsstand rund um das Thema Finanzen und vor allem dem Kryptospace. ✅ Meine Wallet Empfehlungen: ► Ledger…
CleanSpark Mulling Strategic Options for Its Legacy Energy Business
Bitcoin miner CleanSpark (CLSK) is considering strategic alternatives for its legacy energy business, aiming to focus solely on its bitcoin mining segment, the company said in a statement accompanying its quarterly earnings report for its fiscal first quarter ended Dec. 31. Source
First Mover Asia: Cryptos Turn Green on Red-Letter Russia News
Bitcoin increased to nearly $45,000 and major altcoins rose as well after the world’s 11th largest economy announced it would regulate instead of banning cryptocurrencies. Source
Crypto Tax Pros Throw Cold Water on Staking Excitement
“For my clients, I’m going to tell them that they should continue to declare [staking rewards] as ordinary income, it should be viewed as if it’s interest,” Foreman told CoinDesk. “That way, they don’t get caught … Were [the IRS] to catch you, they are going to rake you over the coals – and it’s not going to be a good result for the taxpayer. It’s going to be very, very bad.” Source
Global Crypto and Blockchain Investments Soared in 2021, Rising 5.5X to $30 Billion – Markets and Prices Bitcoin News
A new report by one of the Big Four accounting firms, KPMG, reveals that investment in the crypto and blockchain space grew 5.5 times the previous year to more than a record $30 billion in 2021. KPMG called 2021 a “Blockbuster year for crypto and blockchain.” ‘Blockbuster Year for Crypto and Blockchain’ KPMG published a report Monday on investments in the cryptocurrency, blockchain, and fintech space. Noting that global fintech reached $210 billion last year, the Big Four accounting firm wrote: “We saw growing deal sizes in a wide variety…
Bitcoin Futures Basis Hints At Possible Disbelief Rally
Bitcoin has recovered back to $42,000 since the dump after recording a bearish trend. Since then, sentiment, as well as momentum, has since turned towards the positive, leading the digital asset back on the path to a bull rally. But this does not tell the whole story. In this report, we take a look at the bitcoin futures basis, where it’s at, and what it currently says about sentiment among institutional investors. Institutional Investors Getting Bullish? Institutional investors may be getting bullish based on what the bitcoin futures basis is…
Bitcoin (BTC), humilité et signal technique, le combo gagnant – L'analyse de Vincent Ganne
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Les nouvelles anticipations de hausse de taux de la Banque Centrale américaine (FED) génèrent de la volatilité sur les actifs à risque en Bourse et Bitcoin n’y échappe pas. Il faut rester humble face au marché et attendre un signal technique tangible de point bas. Analyse technique BTC, ETH, BNB et AAVE. 👾 GROUPE PRIVÉ DISCORD ► 🔴 SONDAGE CRYPTO BONUS ► Si vous souhaitez voter pour la crypto bonus de la semaine prochaine Vincent Ganne est manager chez TradingView et intervenant…
Bitcoin Miner Iris Energy Reports Record Earnings, With Expansion on Track
In its first quarterly results since coming public late last year, Sydney-based Iris Energy (IREN) reported mining 364 bitcoin in the fiscal second quarter (ended Dec. 31), up 51% from three months earlier. Original
Tennessee lawmaker introduces bill which would allow state to invest in crypto
Jason Powell, a member of the Tennessee House of Representatives, has introduced a bill proposing counties, municipalities, and the state to invest in cryptocurrencies and nonfungible tokens, or NFTs. According to Tennessee House Bill 2644 introduced on Feb. 2, Powell proposed amending the current state code to add crypto, blockchain, and NFTs to the list of authorized investments for the counties, state, and municipalities to make with idle funds. Lawmakers assigned the bill to the House Finance, Ways, and Means Subcommittee on Feb. 8 for further consideration. The legislation was…