Analyst targets $91.5K Bitcoin next despite Fed’s ‘hawkish tone’
Pseudonymous analyst CryptoCon is confident Bitcoin will surge 25% above current all-time highs — its next big “step” before cracking the cycle’s top of $123,982.
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Northern Data to obtain 33K ASIC miners through Bitfield acquisition
Northern Data believes the acquisition will position it as a leading mining firm globally. 108 Total views 3 Total shares Blockchain and high performance computing firm Northern Data has announced it will acquire Bitcoin miner Bitfield. According to a Sept. 27 press release, all major shareholders signed a binding purchase agreement for the entire Bitfield…

Israeli digital securities exchange gets preliminary green light from regulators
The Israel Securities Authority has approved a request from Simetria to operate a digital bulletin board for investors ahead of its digital securities exchange launch. 4691 Total views 16 Total shares An Israeli start-up that aims to establish a digital ledger technology-based digital securities exchange in the country has received its first, encouraging go-ahead from the…

Thailand’s oldest bank announces stablecoin remittance services
The Siam Commercial Bank Public Company, founded in 1907, was the first bank established in the South Pacific country.

Bitspark Shuts Down Amid Restructuring, Coronavirus and Protests
Hong Kong-based blockchain remittance startup Bitspark has abruptly announced its closure, citing internal restructuring issues.On Feb. 3, Bitspark co-founder and CEO George Harrap officially announced the platform’s plans to shut down its services on March 4, 2020.According to the statement, Bitspark users will be able to withdraw their cryptocurrencies from Feb. 3 to March 4…

Crypto market turmoil highlights risks of leverage in trading
Leveraged trading of cryptocurrencies — i.e., trading crypto with borrowed funds — comes with significant risks. This is mainly due to the capricious nature of the market.In May, the cryptocurrency market, which had grown significantly over the past couple of years, recoiled violently following a cascade of negative market events, losing over 50% of its…

Ether ETFs will ‘destroy ethos of crypto,’ says DeFi exec
The Ether ETF approval in the U.S. has sparked both investor excitement and decentralization debate.

Tax season vs tax year: What’s the difference?
What is the tax year? When filing taxes, understanding the tax season and year is crucial for staying compliant and avoiding penalties. A tax year is the 12-month period in which your income, deductions and credits are recorded for tax purposes. This period is essential because it defines the timeframe for calculating all your earnings

Uniswap’s BNB deployment should use multiple bridges, claims LIFI CEO
The LIFI executive proposed that a team of four researchers be appointed to study the idea of a multi-bridge approach. 210 Total views 4 Total shares Own this piece of history Collect this article as an NFTAs Uniswap DAO’s vote to deploy to BNB chain continues, LIFI CEO Phillip Zentner argued in a February 6…