Tag: Investors

Fidelity offers 401(k) investors access to bitcoin, a retirement plan first

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A Fidelity Investments location in New York. Scott Mlyn | CNBC Fidelity Investments said Tuesday it will offer investors the option to put bitcoin in their 401(k)s, making it the first provider to offer crypto for retirement savings. The crypto offering will be available for 23,000 employers that use Fidelity to administer their retirement accounts by mid-year 2022. With $11.3 trillion in assets under administration, Fidelity is the nation’s largest retirement-plan provider and its decision could make crypto even more popular and mainstream. “There is growing interest from plan sponsors…

Only 5.3% of Spanish Crypto Investors Have Received a Warning to Declare Income Taxes – News Bitcoin News

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Only 5.3% of Spanish crypto investors have received a warning to declare income taxes, according to a report in local media. If accurate, this would mean that only 233,000 investors, a minuscule portion of the estimated 4.4 million Spanish citizens that have delved into the crypto world with investment ideas in mind, were contacted by the tax agency. Spanish Tax Agency Falls Flat on Crypto Vigilance Only a small portion of cryptocurrency investors and users in Spain have been contacted by the national tax agency in regards to…

Bitcoin hits $40K, investors pump Dogecoin (DOGE) after Musk confirms Twitter purchase

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The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action sparked after media headlines announced that Elon Musk had reached a deal to purchase Twitter for $44 billion.  Data from Cointelegraph Markets Pro and TradingView shows that after dropping as low as $38,210 in the opening trading hours on Monday, Bitcoin (BTC) price staged a 5.72% rally to hit an intraday high at $40,366 as news of Twitter’s sale spread across news outlets. BTC/USDT 1-day chart. Source: TradingView…

Crypto Gains Skyrocket Worldwide — Investors’ Profit Grew 5x to $163 Billion in 2021 – Featured Bitcoin News

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Blockchain data analytics firm Chainalysis has found that the total cryptocurrency gains worldwide amounted to $163 billion in 2021, which was 5x the previous year or a 400% increase. Chainalysis on Crypto Gains Worldwide Blockchain analysis firm Chainalysis published a blog post last week titled “2021 Cryptocurrency Gains by Country: Ethereum Leads as Gains Skyrocket Around the World.” The firm explained that its estimates are based on a combination of web traffic data and its transaction data, including “on-chain, macro-level flows of all crypto assets” it tracks. Noting that “2021…

25% of US Crypto Investors Either Own or Plan to Acquire Land in the Metaverse – Metaverse Bitcoin News

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A new study has found that 25% of U.S. cryptocurrency investors own or rent land in the metaverse, or plan to acquire the same. Out of four generations, the Baby Boomer generation has the highest (18%) proportion of crypto investors interested in owning or renting land in the metaverse. Gen Z Less Likely to Own/Rent Property in Metaverse About 25% of cryptocurrency investors in the United States are either owners or rent land in the metaverse, or have plans to, the findings of a study have shown. The findings also…

Bitcoin Investors Eye 200-Day Average After Three-Day Rally, Analyst Says

“Bitcoin held important cloud-based support near $40,000 and has generated an oversold ‘buy’ signal from the daily stochastics after a three-day rally, supporting a short-term bullish bias,” Stockton said in an email. “The daily MACD is pinched as well, reflecting improved short-term momentum that supports a move higher toward next resistance near $48.1K, defined by the 200-day MA.” Source 200DayAnalystAverageBitcoinEyeInvestorsRallyThreeDay CryptoX Portal

Miami cryptocurrency community booms as Bitcoin 2022 gets underway

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CNBC’s Kate Rooney reports on the Bitcoin 2022 conference in Miami. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories.…

MetaGods NFT Land Sale’s Resounding Success Attracts Traditional Investors – Press release Bitcoin News

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press release PRESS RELEASE. MetaGods is showing tremendous strength after their highly successful, sold-out NFT land sale attracted large new investors from traditional finance. MetaGods recently concluded an NFT land sale that received overwhelming investor support from traditional finance as the new gaming company onboarded some big players and family offices from mainstream markets into their stable of already-strong investors. These businesses purchased sought-after land plots in the upcoming action RPG title over-the-counter (OTC) and have committed to holding their NFTs for at least three years to fully support the…

US investors realized 6X more crypto gains in 2021 than next country

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Crypto investors from the United States realized crypto gains nearly six times higher in total than the UK, the second highest country in terms of realized gains.  According to a report by Chainalysis, crypto investors in the US accrued a record $46.9 billion in realized gains throughout 2021, leading the rest of the world by a wide margin. The US is followed at quite some distance by the UK at $8.1 billion and Germany on $5.8 billion. Total realized cryptocurrency gains 2021: Chainalysis. The report comes as global cryptocurrency adoption…

Retail interest in crypto declines as investors search for the next big price mover

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One of the main narratives of hope for cryptocurrency investors is that there will be a major shift in public perception that sparks a new wave of capital from retail and institutional traders.  Unfortunately for these hopeful bulls, data indicates that the opposite has occurred for nearly a year, a fact evidenced by the declining rate of searches for the term Bitcoin (BTC) on Google. Google search volume for Bitcoin. Source: Google Trends A similar pattern is seen when looking at the search interest for the top smart contract platform Ethereum…