Crypto observers still hopeful on Trump despite silence on first day
Crypto industry executives and investors are confident about the road ahead for digital assets despite Donald Trump’s silence on crypto in his first day actions.
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Bitcoin drops $1K in five minutes in fresh dip below $60K
Ethereum slips below $4,000 as an anticipated correction suddenly takes hold of crypto markets. 1558 Total views 63 Total shares Bitcoin (BTC) fell sharply on Oct. 27 as $60,000 finally gave way to two-week lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bites into major buy walData from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $58,000…
VanEck: 4 Reasons Why Bitcoin Improves Investment Portfolio Upside
Major United States investment management firm VanEck has listed four reasons why Bitcoin (BTC) improves an investment portfolio upside.On Oct. 8, VanEck released research titled “The Investment Case for Bitcoin,” aiming to determine what role the cryptocurrency can play in an investment portfolio. According to VanEck, a firm that attempted to list a Bitcoin-based exchange-traded…
Cryptocurrency Accounting Firm Launches Library of Legal and Tax Advice
Cryptocurrency accounting company, Lukka, has announced the launch of the Lukka Library — an interactive collection of academic papers addressing legal, accounting, and tax questions pertaining to crypto assets.On March 26, Cointelegraph spoke to Lukka co-CEO, Robert Materazzi, and Lukka Library creator and head of tax and regulatory affairs, Roger Brown.“People weren’t interested in paying…
Bitcoin Hovers Over $3,850 as Most Top Cryptos See Losses
Saturday, March 2 — the top 20 cryptocurrencies are reporting minor to medium losses on the day to press time. Bitcoin (BTC) is hovering just over the $3,850 mark again, according to Coin360 data.Market visualization from Coin360At press time, Bitcoin is down little over half of a percent on the day, trading at around $3,858, according…
Ledger releases white paper for hardware wallet seed recovery tool
Despite facing notable criticism over the Ledger seed recovery tool, the hardware crypto wallet firm expects to launch the Ledger Recover tool in Q4 2023. 100 Total views 2 Total shares Major hardware cryptocurrency wallet provider Ledger is getting closer to launching its planned solution to allow users to back up and recover a Ledger…
Hacker drains $1.08M from Audius following passing of malicious proposal
A malicious proposal (Proposal #85) requesting the transfer of 18 million Audius’ in-house AUDIO tokens worth nearly $6 million was approved by community voting. 197 Total views 4 Total shares Proposals in crypto help communities make consensus-based decisions. However, for decentralized music platform Auduis, the passing of a malicious governance proposal resulted in the transfer…
New Zealand Rules Receiving Income in Bitcoin Is Legal, Taxable
New Zealand's tax authorities have ruled that income in cryptocurrencies is legal and provided guidance on how exactly it should be taxed.In a tax information bulletin published on July 4, the New Zealand Inland Revenue Department summarized the provisions of the public ruling, made under s 91D of the country's Tax Administration Act 1994.Crypto used…
Here’s how Bitcoin promotes global financial inclusion, according to Prince Philip of Serbia
The fundamental aspects of Bitcoin (BTC) continue to power global financial inclusion, financial privacy and autonomy in conflict-affected nations despite difficult macroeconomic and cryptocurrency market conditions over the past year.These are the key takeaways of an in-depth interview with Prince Philip of Serbia and Yugoslavia conducted by Cointelegraph Brasil’s Cassio Gusson as 2023 gets underway.…