Bitcoin’s price had just topped $21,000 at the time of writing — meaning around 45% of BTC holders have an “on-paper loss,” according to Glassnode. The majority of Bitcoin has been “hodled” for at least three months in behavior bearing a striking resemblance to previous Bitcoin market bottoms, says blockchain analytics firm Glassnode. In a...Continue Reading
Paraguayan lawmakers have deliberated for a year on a comprehensive crypto regulatory framework that includes considerations for businesses and traders. The Paraguayan Senate passed a bill on July 14 establishing a tax and regulatory framework for businesses operating in the cryptocurrency and the crypto mining sectors. The bill, introduced last July by Senator Fernando Silva...Continue Reading
India’s introduction of new crypto taxes had a negative impact on overall trading, forcing entrepreneurs to move to friendlier jurisdictions. The Indian crypto landscape lost some momentum this year as the government introduced two laws demanding crippling taxes on crypto-related unrealized gains and transactions. India’s first crypto law, which requires its citizens to pay a...Continue Reading
Apart from the stringent requirements for stablecoin issuers, there are other areas of concern in the upcoming EU regulation. The year 2022 saw not only drastic dips in leading cryptocurrencies and financial markets in general but also major legislative frameworks for crypto in prominent jurisdictions. And while the “crypto bill,” co-sponsored by United States senators...Continue Reading
The story of one Bitcoiner’s cat that sought to disrupt the decentralized network with a “dirty protest.” A Bitcoin node is a pivotal piece of the Bitcoin (BTC) protocol. For bad actors, attacking nodes and bringing them offline is a sound strategy to undermine the network’s resilience. For one British Bitcoiner, such an attack took...Continue Reading
Forced selling from Bitcoin miners raises concern about BTC price, but the use of renewable energy and the oil and gas industry’s growing interest in BTC are longterm positives. A July 9 post by @PricedinBTC on the “cost to mine Bitcoin” in the United States gathered the crypto community’s attention, especially considering the recent headlines...Continue Reading
Bitcoin’s attempt to form a bottom has lured altcoin traders to focus on ETH, MATIC, FTT and ETC. The United States equities markets recovered from their intra-week lows last week, suggesting demand exists at lower levels. On similar lines, Bitcoin (BTC) also recovered from $18,910 last week, indicating that traders may be getting back into...Continue Reading
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Lisa Fridman, the president and co-founder of Quadrata, a network that brings an identity and compliance layer to...Continue Reading
Ether price could drop by 45% because its ascending triangle breakout looks unconvincing so far. Ethereum’s native token Ether (ETH) saw a modest pullback on July 17 after ramming into a critical technical resistance confluence. Merge-led Ethereum price breakout ETH’s price dropped by 1.8% to $1,328 after struggling to move above two strong resistance levels:...Continue Reading
Suspicions over weekend strength come as traders send 17,500 BTC to Binance in less than 24 hours. Bitcoin (BTC) spiked to one-week highs on July 17 amid warnings that traders should not trust current BTC price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Binance inflows see multi-week high Data from Cointelegraph Markets Pro and...Continue Reading
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