MicroStrategy may owe taxes on $19B unrealized Bitcoin gains: report

Bitcoin explorer Mempool shared blockchain data that confirmed the funds were sent back on Sept. 15. 126 Total views 2 Total shares The Bitcoin (BTC) miner who received the 19.8 BTC in fees has returned the funds to blockchain infrastructure firm Paxos, after its claims that the company made the mistake of paying over $500,000

A Bitcoin advocate based in Canada has “Zapped” 600 people a total of 300 Satoshis ($0.09 or 0.000003 BTC) each in a Bitcoin-inspired (BTC) social media experiment. To date, marketing executive Michael Degroot has doled out over $50 in Bitcoin to people around the globe. He has since been Zapped back more than 40 times, receiving…

Bitcoin (BTC) and Ether (ETH) are due volatility — but not thanks to “toothless” United States regulators, new analysis says.In its latest market update on June 9, trading firm QCP Capital told market participants to gear up for macro-fueled price action for BTC and ETH.Related: Why is Bitcoin price stuck?QCP Capital: U.S. crypto "mudslinging" to continueThe…

Meeting international Anti-Money Laundering standards is the latest in a series of measures Japan has taken in recent months to improve its cryptocurrency regulation. 458 Total views 20 Total shares Japan is expected to enact new rules on money transfers to prevent the use of crypto for money laundering, according to local news agency Nikkei.…

Bitcoin (BTC) is still below a key moving average and that is "not a bullish sign," says a new report, but signs of a rebound have finally arrived.In its latest market update released on June 11, trading suite Decentrader highlighted three on-chain indicators calling for an imminent bullish continuation for BTC/USD.Indicators echo March 2020 aftermathBitcoin…

The Ocean State’s legislature is looking to tackle the housing shortage and ensure new projects are going green by incentivizing builders with crypto rewards. 50 Total views 2 Total shares A bill was proposed in Rhode Island’s House of Representatives that would credit a house builder in a “green coin” cryptocurrency for reducing the project's…

A Bitcoin (BTC) on-chain indicator, which tracks the amount of coin supply held by long-term holders (LTHs) in losses, is signaling that a market bottom could be close.Eerily accurate Bitcoin bottom punditAs of Sept. 22, approximately 30% of Bitcoin's LTHs were facing losses due to BTC's decline from $69,000 in November 2021 to around $19,000…

Bitcoin (BTC) was created in the aftermath of the 2008 financial crisis and planned to solve the problems created by loose monetary policies. The cryptocurrency’s creator, Satoshi Nakamoto, said in late 2008 that the cryptocurrency’s supply increases “by a planned amount” that “does not necessarily result in inflation.”The cryptocurrency’s inflation rate has been fixed and…

Cryptocurrency exchange Bitfinex announced a LEO burn initiative in a Medium post published on June 14.Per the announcement, the initiative will see the exchange’s parent company iFinex funnel its gross revenue into purchasing LEO tokens at market prices in what the post refers to as the UNUS SED LEO burn mechanism. This new system will…