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July 1, 2023
Bitcoin looks primed for a “liquidity hunt” to $35,000, but not everyone is convinced that BTC price upside will last beyond July. Bitcoin (BTC) gained 12% in June, but one forecast sees the good times soon fading for bulls. In a tweet on July 1, popular trader CryptoBullet admitted that July might not offer much...
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Discover the required skills, degree qualifications, job opportunities and industries where entry-level machine learning roles are in demand. The area of machine learning, which is quickly expanding, uses statistical methods and data analysis to teach computers how to learn and make predictions or judgements without being explicitly programmed.  There is a rising need for employees...
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Kraken is required to provide details of users who engaged in transactions exceeding $20,000 within a calendar year. A federal court ordered crypto exchange Kraken to turn over account and transaction information to the Internal Revenue Service (IRS), which said it needed that information to see if any of the exchange’s users had underreported their...
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The liquidations will pave the way for the distribution of the funds to creditors in the near future. The United States Bankruptcy Court for the Southern District of New York has approved bankrupt crypto lender Celsius Network’s plan to convert its altcoins into Bitcoin (BTC) and Ether (ETH). The order was issued by Judge Martin Glenn,...
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So far they have accrued 2.65 BTC at an average price well under the current level of around $30,000 for 1 BTC. A Redditor and member of the r/CryptoCurrency community is claiming to be up 25% or $19,500, after taking out three personal loans worth a combined $59,000 to buy Bitcoin (BTC) over the past...
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Coffezilla asserted that the refund process should be quite easy to sort while the financial implications aren’t an issue for someone as wealthy as Logan Paul. Investors in Logan Paul’s troubled NFT gaming project CryptoZoo are reportedly still waiting for any specific details on the 1000 Ether (ETH) refund (worth $1.93 million at current prices)...
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Two blockchain networks had previously announced integration with the Fed’s instant payment service, but they were not found on a new list of certified providers. The Federal Reserve’s upcoming instant payment system, FedNow, released its list of certified “early adopters” on June 29. The organizations on the list have been certified as ready to connect...
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This week’s Crypto Biz looks at the story behind Binance’s debanking in Australia, Bitcoin miners preparing for the next halving, and Bitfinex’s expansion in Latin America. June was a tough month for Binance, as it faced stress tests worldwide after the United States Securities and Exchange Commission (SEC) filed a lawsuit against the crypto exchange...
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The special purpose acquisition company deal, first reported in August 2022, cost $885 million and is expected to allow investors exposure to Bitcoin Depot’s common stock. Bitcoin Depot, one of the largest cryptocurrency ATM firms in the United States, has announced the closing of a merger deal allowing the company to go public. In a...
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