Denmark Tax Council recommends bill to tax unrealized crypto gains

Bitcoin price (BTC) traded broadly lower on Oct. 11 after sudden volatility broke a sideways trend in place since earlier in the week. Cryptocurrency market daily overview. Source: Coin360Bitcoin analyst prepares for range-bound tradingData from Coin360 showed BTC/USD circling $8,350 on Friday, having jumped to a local high of above $8,770 earlier. The enthusiasm was short-lived, with…

J. Matthew DeLesDernier, assistant secretary for the SEC, said it had extended to allow for “sufficient time to consider the proposed rule change and the issues raised therein.” 221 Total views 2 Total shares The United States Securities and Exchange Commission has pushed the deadline to approve or disapprove ARK 21Shares’ Bitcoin exchange-traded fund to…

Twitter quietly expanded its new crypto price search feature with 30 more cryptocurrencies added to the service. 204 Total views 4 Total shares Own this piece of history Collect this article as an NFTTwitter has quietly expanded its new crypto feature that enables users to search the price of individual tokens, adding at least another…

Last month China’s central bank, the People’s Bank of China (PBoC), published a memo criminalizing practically all cryptocurrency activity. When the memo started circulating online, Bitcoin’s (BTC) price dropped over 6.5%. Soon after, however, industry experts suggested that the news may have been the ultimate dip-buying opportunity.China’s crackdown on crypto started years ago, to the…

Bitcoin daily price chart. Source: Coin360Bitcoin (BTC) bulls appear to have found a second wind which allowed them to push the price above $9,000 to daily high at $9,150.  As discussed in an earlier analysis, bulls had been fighting to hold the price above $8,800 throughout the day and multiple attempts at knocking out the…

Big-money players accounted for the majority of transactions in the decentralized finance crypto market in Q2 2021. The DeFi market appears to no longer be the domain of retail actors alone as the institutional investment footprint in the crypto market segment continues to attain more significant levels.According to blockchain intelligence firm Chainalysis, institutional investors played…

Despite the hash price crash, most Bitcoin mining machines remain profitable for the time being.

Huobi’s Thailand-based subsidiary has sealed the country’s fifth official license to operate a fully-regulated digital asset exchange.An official July 24 announcement from Huobi Group —the operator of Singapore-based flagship exchange Huobi Global — revealed that Huobi Thailand is expected to launch in Q3 2019, offering both regulated crypto-crypto trading and fiat on-ramps. Global expansionHuobi Thailand will…

American provider of investment data Weiss Ratings has ranked Bitcoin (BTC) as “excellent” by assigning it an A- grade due to strong price performance. Bitcoin upgraded thanks to improving fundamentalsIn a tweet published on Feb. 7, Weiss Ratings announced:“The Weiss Crypto Rating for #BTC is now A- (excellent), thanks to improving fundamentals and positive price action…