Bitcoin hashrate drawdown reaches December 2022 levels
This metric can be used to spot relative bottom points in the market price of Bitcoin and signal potential accumulation opportunities.
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Tax Time: Ernst & Young Release Crypto Tax App
A new crypto reporting app by the big four accounting firm EY will help clients with tax reporting as the IRS cracks down on tax evasion. 1589 Total views 50 Total shares Multinational professional services firm Ernst & Young have released a crypto tax app called EY CryptoPrep. It’s a fully automated, web-based Software as…

Peter Schiff: Sell Bitcoin Now After Fed Rate Cut Fails to Lift Price
Bitcoin (BTC) only rallying 3% this week is proof that investors should sell it, according to the latest conclusions from gold bug Peter Schiff.In a tweet on March 4, the outspoken crypto critic claimed that Bitcoin should have taken advantage of volatility in traditional markets. Schiff on BTC: “Look out below!”Despite reclaiming $8,800 since the weekend,…

Tether Says It Invested Some of Its Reserves Into Bitcoin and Other Assets
Stablecoin issuer Tether said that it had invested some of its reserves in bitcoin (BTC), according to a court filing obtained by tech-focused media outlet the Block on May 21.Per the document dated May 16, David Miller, an attorney for Tether’s associated firm Bitfinex, said that Tether invested “a small amount” of Tether’s reserves into…

Square Enix announces auction dates for Symbiogenesis NFTs
The company said Symbiogenesis NFTs will be auctioned off in three separate phases. 134 Total views 11 Total shares Final Fantasy game developer Square Enix announced auction dates for its upcoming Symbiogenesis non-fungible tokens (NFTs). In a Nov. 24 social media post, the team said it would sell the NFTs in three batches. The first

Chilean Banks Urge Anti-Monopoly Court to Revoke Decision Protecting Crypto Exchanges
Two major Chilean banks have urged the country’s anti-monopoly court to revoke its decision that prevents the closure of local crypto exchanges’ banking accounts. This development was reported by Chilean newspaper La Tercera on Thursday, Dec. 20.Banco del Estado and Itau Corpbanca took legal action following the recent Supreme Court ruling against Chilean crypto exchange…

Bitcoin Wealth Inequality Drops in 2019 Unlike Ether, Litecoin: Report
Bitcoin (BTC) whales may have made headlines this month, but its wealth is more evenly distributed in 2019 — the opposite of major altcoins.That was among the findings of research by Clovr, which analyzed wallets and transactions from various cryptocurrencies in November.Bitcoin majority ownership requirement still topThe results showed that Bitcoin’s wealth distribution has improved…

How to bake your own DAO at home — With just 5 ingredients!
Decentralized autonomous organizations come in all sizes and flavors. Some can seem sweet; others turn sour. It can be fun and interesting to create one that suits your needs and satisfies your hunger for something new. We talk to the master chefs — Noam Hof of DeepDAO, Stru Delman of Aragon, and Fabien of Snapshot…

Crypto Markets Are Mostly in Green, Ethereum Regains Top Altcoin Position
Wednesday, Jan. 2 — The main cryptocurrencies have mostly been in the green for two days now, according to data from Coin360. Bitcoin (BTC) is still over $3,800 mark, while Ethereum (ETH) has regained the top altcoin position.Market visualization from Coin360Proof of Keys — a celebration when BTC holders temporarily withdraw their funds from all…