Digital Chamber calls for Congress to address SEC actions against NFTs
The CEO of OpenSea reported receiving a Wells notice from the SEC in August, suggesting that the commission could be taking a new regulatory approach to NFTs.
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Bitcoin Price Avoids $8.2K to Mirror Stock-to-Flow Creator’s Forecast
Bitcoin (BTC) may have shed 11% in a week, but it is actually performing exactly like one of the industry’s most famous analysts predicted.In a tweet on Mar. 1, PlanB, creator of the well-known stock-to-flow Bitcoin price forecasting model, said that at around $8,500, BTC/USD was wholly on schedule.PlanB: “So far so good” for BTC…
Bitcoin gears up for $47K assault — can BTC price overcome make or break resistance?
Bitcoin (BTC) looked set to challenge critical $47,000 resistance on Tuesday amid a perfect storm of dwindling supply and “exhausted” bears.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHodlers vs. whales in the battle for $50,000 retestData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit local highs above $46,600 on Bitstamp.The pair has gained $2,000…
From California to Colorado: How the US Regulates Political Donations in Crypto
On Sept. 20, the crypto community was rattled by the news that California’s political campaign regulator ruled in favor of an outright ban of any and all cryptocurrency donations. It came across as a surprise for many that the progressive state, which is home to the world’s largest technology hub as well as to a…
Which tokens could FTX dump on the market?
The new management of the bankrupt FTX exchange has identified $5.5 billion in assets that can be used to repay creditors, sparking fears a large swathe of crypto assets could be dumped on markets.On Jan. 17, FTX debtors identified $3.5 billion in crypto assets with $1.6 billion associated with the bankrupt exchange. The best known…
IRS Laughs Off Coinbase User’s ‘Surveillance Conspiracy’ in Tax Reporting Case
The United States Internal Revenue Service (IRS) has argued that its summons on major American crypto exchange Coinbase is indeed legitimate in a recent filing.Per a Nov. 15 filing, the U.S. tax agency told a California federal court that its investigation of Coinbase customer William Zietzke is completely legitimate. Zietzke claims summons was issued outside IRS's…
What is quantitative easing, and how does it work?
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Bitcoin’s next top could be between $75K and $306K, Kraken research suggests
Analysis of Bitcoin (BTC) price action dating back to 2011 suggests the coin price could next top out somewhere between $75,000 and $306,000, research from Kraken shows.Based on one reading of a logarithmic growth curve that connects historical tops and bottoms, a coin price of $75,000 would signal Bitcoin’s entry into overbought territory, marking the…
TON is back online after block production outage triggered by DOGS
The TON Foundation assured users that all crypto transactions would be processed and no assets would be lost due to the brief block production disruption.