Month: June 2022

Glassnode Report Says Bitcoin’s 2022 Price Drop Represents a Bear Market of ‘Historic Proportions’ – Bitcoin News

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The crypto economy has slipped under the $1 trillion mark to the $970 billion range, as a large number of digital currencies have lost more than half their USD worth since November 2021. Bitcoin is down 70% from the all-time high last year, and a new report from Glassnode Insights calls the current bear market “a bear of historic proportions,” while highlighting that “it can reasonably be argued that 2022 is the most significant bear market in digital asset history.” Glassnode Researchers: ‘Bitcoin Is Currently Experiencing the Largest Capital Outflow…

French order knights former CFTC chair Chris Giancarlo

The French government has given former United States Commodity Futures Trading Commission chair Chris Giancarlo, also known as “Crypto Dad,” the equivalent of a knighthood. In a Tuesday tweet from Giancarlo, the former CFTC head said France’s National Order of Merit awarded him a Chevalier — the equivalent of a knighthood — in a ceremony at the French ambassador’s residence in Washington D.C. Those attending included current and former CFTC commissioners Rostin Behnam, Brian Quintenz, Christy Goldsmith Romero, Kristin Johnson, Caroline Pham, as well as Hester Peirce of the Securities…

Compass Mining CEO and CFO Resign Amid ‘Setbacks and Disappointments’

“Compass Mining was created to make mining easy and accessible,” said the statement. “The company recognizes that there have been multiple setbacks and disappointments that have detracted from that objective. Through this restructuring, the company is wholly focused on regaining the goodwill of the company’s stakeholders and the community, as well as delivering on the company’s mission of providing best-in-class service for miners of all sizes.” Source

Russian Duma passes bill to remove VAT, lower income tax rates on digital asset sales

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The State Duma, the lower house of the Russian legislature, has passed a bill on the taxation of digital assets that exempts their sale from value-added tax (VAT) in the Russian Federation. Some other services of digital asset exchanges will also be exempted, according to state-run news service RIA Novosti.  In addition, the bill established income tax rates of 13% for Russian exchanges on the first 5 million rubles (currently about U$93,000) of the taxable base annually, 15% on amounts above that limit and 15% across the board for foreign…

"BITCOIN, CRYPTO-வில் இப்படித்தான் INVEST பண்ணனும்!" BLOCKCHAIN, DATA ANALYST EXPERT பேட்டி

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io தற்போது நிதி துறையில் புதிய முதலீடாக உருவெடுத்திருக்கும் BITCOIN, Blockchain Technology, Data Analyst போன்றவை குறித்த பல்வேறு சந்தேகங்களுக்கு விளக்கம் தருகிறார் BitsCrunch GmbH CEO Vijay #bitcoin #cryptocurrency #blockchain #investment #finance ——————– About Vijay Pravin Maharajan: Vijay is the Founder & CEO of bitsCrunch GmbH, a Blockchain Analytics company which is focusing on securing the NFT ecosystem. He has previously worked with Siemens, Volkswagen AG, and Telefónica GmbH in Germany before founding bitsCrunch. He holds a masters degree from Technical University of Munich (TUM) Germany. He is…

Switzerland-based crypto mining firm expands operations to Texas

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White Rock Management, a cryptocurrency mining company based in Switzerland, said it will be expanding its operations to the United States, starting with Texas. In a Tuesday announcement, White Rock said it will be partnering with Natural Gas Onsite Neutralization, or NGON, a company that captures natural gas that would otherwise be burned and converts it to energy for use in the firm’s Bitcoin (BTC) mining operations. White Rock said it will be operating out of NGON’s facility in the Brazos Valley region, mining BTC using “environmentally responsible” methods. According…

I’m Waiting for Bitcoin to ‘Test’ $1,100, Says Rich Dad Poor Dad Author

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Summary: Robert Kiyosaki has stated that he is waiting for Bitcoin to test $1,100 for him to buy some more. Mr. Kiyosaki also pointed out that if his target is not reached, he will wait for losers to capitulate so he can buy some more. In terms of selling, institutional investors have started doing so as Cypherpunk Holdings has sold all its Bitcoin and Ethereum. Rich Dad Poor Dad author Robert Kiyosaki has once again provided insights into Bitcoin’s ongoing price action during the crypto drawdown. Mr. Kiyosaki has forecasted through…

Bitcoin “Reserve Risk” Metric Approaches All-Time Lows

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Data shows the Bitcoin “reserve risk” indicator has recently plunged down and is now reaching all-time lows only seen back in 2015 bear and the March 2020 COVID crash. Bitcoin Reserve Risk Suggests HODLing Relative To Price Is Strong According to the latest weekly report from Glassnode, BTC investors have been holding strong onto their coins despite the large decline in the crypto’s price recently. Before looking at what the “reserve risk” indicator does, it’s best to get an understanding of a couple concepts first. A “coin day” is accumulated…

Coinbase fires 1100 staff to prepare for the impending recession

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #cryptocrash #coinbase #heisesays Coinbase fires 1100 staff to prepare for the coming recession. Twitch Check out HeiseSays International 📝 Become a HeiseSays Member 🎙My Kit Rodes Podcaster – Logitech C920 HD Webcam – Rode PSA1 Swivel Mount – Rode WS2 Microphone Windshield – Stream Deck – Drawing Screen XP-PEN Alternative Media Channels Lbry – Goldpass Email: (Donate Gold) florian.heise@heise.com.au Buy HeiseSays Merch 🟠 Referral Links 🟠 Amazon Australia Link – AussieBroadband Referral Code – 1826841 Independent Reserve Referral Link eBay Affiliate Link…