Day: March 22, 2022

Ethereum Classic up 75% in 8 days, but will ETH miners migrate after ETC ‘fifthening’?

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Ethereum Classic (ETC) price climbed on March 22, ignoring a deadly “death cross” on the weekly chart, as traders raised their bets on its potential to become a haven for miners fleeing the rival Ethereum blockchain.  ETC’s price jumped over 15.5% to reach $44 a token for the first time since Dec. 9, 2021. The coin’s intraday gains came as a part of a broader rebound move that saw its price rallying more than 75% eight days after bottoming out near $25. ETC/USD daily price chart. Source: TradingView Most of…

Bitcoin Long-Term Holder Supply Has Stagnated Since October High

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Data shows the Bitcoin long-term holder supply has mostly moved sideways since the high in October of last year. Bitcoin Long-Term Holder Supply Has Stagnated As Sell-Side Balances Buy-Side As per the latest weekly report from Glassnode, the BTC long-term holder accumulation seems to have stopped following the October high. The “long-term holder” (or LTH in short) supply is the part of the total Bitcoin supply that hasn’t observed any movements since at least 155 days ago. When the value of this indicator goes up, it means more coins are…

OECD opens proposal on tax transparency framework for crypto to public comment

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The Organisation for Economic Cooperation and Development, or OECD, has suggested additional requirements on reporting crypto transactions and identifying users aimed at increasing transparency for global tax authorities.  In a public consultation document released on Tuesday, the OECD opened for public comment a proposal that would require crypto service providers to better identify users and report on certain transactions. The organization said that under current reporting requirements, tax authorities do not have “adequate visibility” for transactions dealing with crypto assets. According to the OECD, the crypto market posed a “significant…

क्या है Crypto currency ? Crypto Investment में क्या है रिस्क, क्या है फायदा ? HOLD करें या बेच दें?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #CryptoNewsWithZee क्या है #Cryptocurrecy ? #Crypto है तो उसे HOLD करें या बेच दें? सरकार क्यों ला रही है क्रिप्टो पर कानून? #CryptoInvestment में क्या है रिस्क, क्या है फायदा? जानिए सारे सवालों के जवाब, अनिल सिंघवी के साथ.. About Zee Business ————————– Zee Business is India’s Number 1 Hindi business news channel. It’s your channel for profit and wealth. Watch Live coverage of Indian markets – Sensex & Nifty, also for expert insights and advise from our team of experts. ————————————————————–…

Web 3 Users Won’t Own Hundreds of Assets

The average social media user today engages with multiple platforms: TikTok, Instagram, Facebook, Twitter, Discord, YouTube and more. In each of these platforms, users and creators form a marketplace, where one needs the other to thrive. The strength of any Web 2 social network is dependent on the investment of time and energy that people put in: You only get the exponential benefits of having, say, an Instagram account when all your friends (and potential fans) want to be there too. Source

Crypto Implicated in Child Porn, Terrorism, French Official Says, Calling for End to Online Anonymity

Under these rules, known colloquially as the travel rule, conventional bank transfers need to identify parties involved in any transaction over 1,000 euros, with suspicious transactions passed on to the authorities. But lawmakers are leaning towards abolishing that lower threshold for crypto transactions because large digital payments can easily be broken up into smaller chunks that evade detection, a practice known as smurfing. Source