Bitcoin Trader Axes 4-Year Bull Cycle Forecast After $10K ‘Triple Top’
The price of Bitcoin is at risk of falling to $6,000, a prominent trader known as Pentarhudi warns after a 14% price drop.
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How to handle crypto trading gains and losses on your balance sheet
Currently, no accounting standards are dedicated to crypto assets, so broader guidelines per the International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Practice (GAAP) are applied to cryptocurrency accounting.Balance sheets are among the three primary financial statements that businesses need, alongside income and cash flow statements. Whereas income and cash flow statements show a

Former Florida Tax Collector Used Public Funds for Blockchain Company
A different kind of scam. 1124 Total views 19 Total shares A former Florida tax collector was found to have used public funds to set up a blockchain company.In a report from the Orlando Sentinel, former Seminole County tax collector Joel Greenberg billed the Tax Collector’s Office $65,860 to buy computer servers for a company…

Robinhood makes significant strides in crypto business in Q1 despite falling revenue
The popular discount brokerage listed four trending tokens in Q1 2022. 151 Total views 4 Total shares On April 28, discount-brokerage platform Robinhood published its financial results for the first quarter of 2022. Year-over-year, the firm's net revenue declined by 43% to $299 million. Specifically, revenue from cryptocurrency trading fell by 39% to $54 million…

Gubernatorial Candidate Wants to Make Colorado a ‘Blockchain Hub’
The Democratic candidate for governor of Colorado, U.S Representative Jared Polis, has added a blockchain policy to the list of issues of his gubernatorial campaign this year, according to an announcement on Polis’ website. Having set a goal to establish Colorado as a “national hub for blockchain innovation in business and government,” Polis added a…

Bitfinex wallet hacker returns most of the $20 million back to US gov’t
According to security firm CertiK, crypto losses in Q3 2024 are up 9.5%, with more than $750 million in total funds stolen by threat actors.

Bitcoin mining ETF tops equity ETF market in new year’s performance charts
After a tumultuous year, Bitcoin mining ETFs are back in the leading positions in performance charts for the first month of 2023. Own this piece of history Collect this article as an NFTWith the start of the new year, the crypto market has seen a new bullish resurgence, with Bitcoin (BTC) and other altcoins hitting…

Hong Kong could be key for China’s crypto comeback: Arthur Hayes
Hayes says the next crypto bull run will be tied to when China embraces the crypto market again, and Hong Kong could be the gateway for this to happen. 176 Total views 4 Total shares Arthur Hayes, the former CEO of crypto derivatives giant BitMEX, believes the next crypto bull run will start when China…

What is a cryptocurrency mixer and how does it work?
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