Bullish Bitcoin options dominate May’s $6.5 billion expiry
Bitcoin bulls have strong incentives to push the BTC price above $70,000 on May 31, but the clock is ticking.
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Citigroup to Let Investors Trade Custodian-Held Cryptocurrency, Sources Claim
U.S. multinational bank Citigroup is developing a cryptocurrency product to give institutional investors access to crypto markets without owning cryptoassets directly, anonymous sources told Business Insider September 9.Citigroup, which had previously taken a centralized approach to cryptocurrency, will reportedly use a revamped version of the American Depositary Receipts (ADR) – a type of security issued…
Bitcoin bulls defend $23K amid warning bear market rally ‘alive and well’
Bitcoin (BTC) tested $23,000 as support on the Aug. 1 Wall Street open with key moving averages in focus. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView200-week moving average gets big attentionData from Cointelegraph Markets Pro and TradingView followed BTC/USD as bulls and bears battled for control amid a tight trading range.Bitcoin had inspired with its highest weekly…
Colorado is now accepting tax payments in cryptocurrency, as Gov. Polis promised
The Colorado Department of Revenue offers tax payment through the PayPal Cryptocurrency Hub for personal taxes; businesses are not eligible yet. 89 Total views 14 Total shares The American state of Colorado now accepts cryptocurrency for tax payments, Gov. Jared Polis announced on Monday. The option is already available on the state Department of Revenue…
Bitcoin chart signals possible ‘extremely’ quick move to $68K — Traders
Bitcoin traders are eyeing $68,000 if it can stay above $64,000, a level it has struggled to hold above for 20 days.
EY Spearheads Blockchain Tracking Platform for German Logistics Firms
German logistics firms partner to jointly create a blockchain tracking platform, local news outlet Tiroler Tageszeitung reports on July 16.Per the report, logistics firms LKW Walter, GS1 Austria, and its EDITEL Austria subsidiary, Bundesvereinigung Logistik Österreich, Deutsche Bahn subsidiary DB Schenker, and WU Vienna are participating in the project. Furthermore, big four auditing firm Ernst…
Coincheck Survey Service Allows Users to Trade Reward Points for Crypto
Cryptocurrency exchange Coincheck, a subsidiary of Japanese financial services firm Monex Group, partnered with marketing research company Macromill Group to launch the Coincheck Survey service that allows its users to exchange reward points for digital assets.Got points? Get crypto!According to Monex Group’s official press release published on Sept. 4, customers will be able to “exchange…
Fed senior officials will soon not be allowed to trade crypto, stocks and bonds
The rules were intended to “support public confidence ... by guarding against even the appearance of any conflict of interest.” 244 Total views 7 Total shares The Federal Open Market Committee, or FOMC, has approved rules that would ban senior officials at the Federal Reserve from purchasing and holding cryptocurrencies and other investments.In a Friday…
Former pro sailer brokers tax-haven passports for wealthy crypto clients
Rich crypto investors are purchasing passports in tax havens for less than $200,000. 674 Total views 4 Total shares A Russian expatriate and former professional sailboat racer, Katie Ananina, Plan B Passport — a firm that brokers citizenship through investment schemes for tax-haven nations that don’t impose capital gains on crypto holdings to wealthy investors.According…