Bitcoin top $70K or $210K? Analysts, price models clash over BTC cycle peak
Veteran trader Peter Brandt sparked debate after suggesting BTC may have already hit its peak this cycle, but even he didn’t put much stock in the theory.
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Venezuela Introduces Crypto, Foreign Fiat Operations Taxation
Venezuelan government has published a new decree that introduces taxation for operations with cryptocurrency and foreign fiat in its official newspaper Monday, Jan. 7.The decree No. 3,719, published in the Gaceta Oficial edition No. 6,420, is accompanied with another decree that explains the regulatory framework behind the new rules, introduced amid what the newspaper describes…

Block nets $1.18B Q4 gross profit marking a 47% YoY increase
In total, Block generated $4.42 billion worth of gross profit in 2021 marking a total YoY growth of 62%, however, net profit totaled just $77 million. 98 Total views 14 Total shares Crypto-friendly digital payments tech firm Block, Inc. (formerly known as Square) posted $1.18 billion worth of gross profit in Q4, representing a growth…

Crypto exchange Binance launches new regional hub in Georgia
Currently employing 25 people in Georgia, Binance aims to create “dozens more jobs” with the launch of its regional hub by the end of 2023. 182 Total views 3 Total shares Own this piece of history Collect this article as an NFTCryptocurrency exchange Binance continues expanding its global reach by setting up a new blockchain…

Blockchain and Crypto in the Labor Market: Overview of Salaries, Taxes and the Most In-Demand Jobs
Over the past months, the cryptocurrency market has been demonstrating bearish sentiment, with crypto prices falling to a yearly lows. This is making some blockchain companies rethink their business models and cut employees.However, the slump didn’t prevent the blockchain industry from experiencing a human resources boom, as evidenced by an active growth of vacancies associated…

Crypto lender Hodlnaut seeks judicial management to avoid forced liquidation
Singaporean law offers temporary protection against any legal proceedings and claims, which the company believes would provide a breathing space to focus on its recovery plan. 91 Total views 12 Total shares Singapore-based crypto lending platform Hodlnaut is seeking judicial management to manage its ongoing liquidity crisis and avoid the forced liquidation of assets in…

Survey shows South Koreans support crypto tax law
More than half of the survey respondents favored the controversial crypto tax law in South Korea. 2299 Total views 20 Total shares An opinion poll conducted by South Korean television station YTN has shown significant support for the planned cryptocurrency tax regime in the country.According to a report by The Korea Herald, 53.7% of the…

Bitcoin price hits bull market trendline that last sparked 30% gains
Bitcoin practically reclaims the short-term holder realized price, bringing with it both their breakeven point and the odds of significant BTC price upside.

Unwinding the hyperbole: Are US-based crypto firms really being ‘choked’?
An extended market price drawdown (crypto winter) throughout 2022 has tested the crypto industry’s mettle, and more recently, a crackdown by United States regulators on some prominent entities like Coinbase, Binance and Kraken has further shaken the sector.So maybe it’s only natural for the industry to employ colorful, vivid language to describe what’s been happening.…