Why is the hoax that “Bitcoin consumes a lot of water†spreading? | CoinDesk JAPAN
You may have heard the fuss over an editorial published in a scientific journal that purportedly detailed how Bitcoin uses up a lot of water and destroys the environment. This commentary was picked up and spread by mainstream media despite…
Hong Kong to regulate virtual currency OTC platforms
Policy to regulate OTC Christopher Hui, director-general of Hong Kong’s Financial Services and Treasury Board (FSTB), argued on the 2nd that over-the-counter trading (OTC) of crypto assets (virtual currencies) needs to be regulated. He said that soon he plans to…
Nevada Republicans’ Caucus Adds Chaos and Confusion to the State’s Presidential Primary
by Anjeanette Damon ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up for Dispatches, a newsletter that spotlights wrongdoing around the country, to receive our stories in your inbox every week. When Sarah Lee Hooper’s mail-in ballot…
Traders look forward to a “lucky year of the Dragonâ€â€”Bitcoin remains flat for now | CoinDesk JAPAN
On the last business day before East Asia’s Lunar New Year holiday, Bitcoin (BTC) remained flat above $42,000, while the CoinDesk 20 Index (CD20) was trading at 1,643, according to data from CoinDesk Indices. It is down 0.75%. Over the…
Korean Financial Supervisory Service discusses Bitcoin ETF with SEC: Report | CoinDesk JAPAN
Lee Bok-hyun, director of the Financial Supervisory Service (FSS), said the company plans to continue discussions with the U.S. Securities and Exchange Commission (SEC), with the focus on Bitcoin spot ETFs (exchange traded funds). . Hankyoung.com reported on February 5th….
Bitcoin Price to Achieve New Highs in Q3-Q4 2024, Says an Analyst: Here’s When it Could Break Above This Range
The post Bitcoin Price to Achieve New Highs in Q3-Q4 2024, Says an Analyst: Here’s When it Could Break Above This Range appeared first on Coinpedia Fintech News Ever since the Bitcoin price has rebounded from the lows below $40,000,…
Michael Burry: Double Down When Other Investors Are Crying “Get Me Out!â€
In his 2001 Scion Capital Letter, Michael Burry explained why he embraces short-run declines, and doesn’t fear long-term impairment of his net worth. Here’s an excerpt from the letter: As I have noted in previous letters, I will always choose…
If You Invested $1,000 In Bitcoin When El Salvador Announced Crypto As Legal Tender, Here’s How Much You’d Have Today
The country of El Salvador has been among the most pro-cryptocurrency countries thanks to legally adopting Bitcoin (CRYPTO: BTC) as legal tender back in 2021. With pro-Bitcoin President Nayib Bukele winning re-election, the crypto and country could be back in…
The True Cost of Crypto Taxes as IRS Audits Increase
As the new year rings in we are seeing more prevalent IRS action within the crypto space. The IRS has identified a potential 75% non-compliance rate in crypto tax reporting and plans to remedy this through enforcement actions. They have…
How Bitcoin ETFs Reshape The Investment Landscape: ‘Mega-Bullish Longer Term,’ Expert Tells Benzinga
The introduction of Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) is more than just a nod to the growing acceptance of cryptocurrencies, it is a fusion of digital innovation with the bedrock of traditional investment. Benzinga gathered expert opinions about how…