January 2023 | Page 15 of 136 | Last Cryptocurrency News Feed

Despite Recent Market Revival, These Crypto Companies Dismissed More Employees

The prolonged bear market reduced the interest in cryptocurrencies and hampered the operations of numerous industry players. Some leading exchanges, including Coinbase, Crypto.com, Bybit, and Kraken, laid off a chunk of their workforce to cope with the challenging times. The trend seems to be similar at the start of the new year despite the recent…

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Genesis Capital’s fall might transform crypto lending — not bury it

Is crypto lending dead, or does it just need better execution? That’s a question asked with more urgency in the wake of Genesis Global Capital Jan. 19 bankruptcy filing. That, in turn, followed the demise of other prominent crypto lenders, including Celsius Network and Voyager Digital in July 2022, and BlockFi, which filed for Chapter…

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US gov’t $1.5T debt interest will be equal 3X Bitcoin market cap in 2023

Commentators believe that Bitcoin (BTC) bulls do not need to wait long for the United States to start printing money again.The latest analysis of U.S. macroeconomic data has led one market strategist to predict quantitative tightening (QT) ending to avoid a “catastrophic debt crisis.”Analyst: Fed will have “no choice” with rate cutsThe U.S. Federal Reserve…

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Crypto Investment Trends That Will Define 2023: Report

Less than a month into the new year, the market is already showing sustainable signs of recovery, and the “creative destruction” that transpired could ultimately be a huge win not just for the consumer but also in terms of regulatory protections and rapid innovation, as well as lowered cost structures. Despite the many ups and…

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IRS reminds taxpayers of crypto income reporting ahead of 2022 filing

The IRS’s recommendation to check “Yes” boils down to receiving, earning, transferring or selling cryptocurrencies for any monetary benefit, including mining and staking. 429 Total views 9 Total shares Own this piece of history Collect this article as an NFTWith the deadline approaching for filing the 2022 federal income tax return, the Internal Revenue Service…

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Avalanche Skyrockets 14%, Bitcoin Calm at $23K (Weekend Watch)

Bitcoin initiated another leg up late on Friday and tapped $23,500 but was stopped in its tracks and has returned to familiar ground. Most altcoins have charted more impressive gains, led by Avalanche, MATIC, OKB, Dogecoin, and others. Bitcoin Back Down to $23K It was last week when the primary cryptocurrency skyrocketed from $21,000 to…

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Bitcoin ‘so bullish’ at $23K as analyst reveals new BTC price metrics

Bitcoin (BTC) remains firmly “bullish” at $23,000, according to new on-chain metrics from one of the industry’s best-known names.In a preview on Jan. 28, market cyclist and on-chain analyst Cole Garner revealed what he said were “backtested and validated” Bitcoin trading tools.Garner: BTC price signals should excite bullsWhile BTC/USD attempts to push through liquidity above…

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CZ predicts ‘existential implications’ for anti-crypto traditional finance

While the reluctance of traditional players is a deterrent to crypto’s adoption in the short term, CZ argues that the decision might backfire over the next two decades. 555 Total views 7 Total shares Own this piece of history Collect this article as an NFTAs traditional institutions proactively reduce exposure to cryptocurrencies as a reaction…

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White House cryptocurrency ‘roadmap’ recommends against pension funds

The Biden administration touted its comprehensive framework and encouraged regulators and Congress to tighten the screws on crypto in a new statement. 387 Total views 14 Total shares Own this piece of history Collect this article as an NFTThe White House released a statement on Jan. 27 that provided the United States President Joe Biden…

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US prosecutors seek to ban SBF from Signal after alleged witness contact

It’s alleged that the former FTX CEO attempted to arrange a “constructive relationship” with the current General Counsel of FTX US, Ryne Miller. 574 Total views 14 Total shares Own this piece of history Collect this article as an NFTFederal prosecutors have requested that former FTX CEO Sam Bankman-Fried's (SBF) bail conditions are modified to…