SEC nets record $8.2B in fines, Australia considers crypto tax framework: Law Decoded
The SEC reported an unprecedented $8.2 billion in fiscal penalties, mainly due to Terraform Labs’ record $4.47 billion settlement.
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Price analysis 8/11: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT
Bitcoin (BTC) continues to frustrate investors with its tight range consolidation, giving no clue about the possible direction of the breakout. Typically, the longer the range, the stronger the eventual breakout from it. Therefore, traders should be on their toes to latch on to the breakout when it happens. A minor positive in favor of the…
Bitcoin Price Touches $8,400 While 0x Jumps 16%
Monday, Oct. 14 — Bitcoin (BTC) started the week with little to no movement in price, touching the $8,400 price mark, while most of the top-20 coins are reporting slight gains.Market visualization. Source: Coin360After a weekend of little excitement, the top-20 cryptocurrencies are mostly in the green. As Cointelegraph reported earlier, traders and institutional investors…
Peter Brandt likens Tether to ‘Nigerian Trinkets’
Trading veteren Peter Brandt has taken aim at Tether, advising traders not to ‘hold it overnight’ as it was riskier than ‘the Nigerian Trinket’. 1951 Total views 35 Total shares Renowned veteran trader Peter Brandt has compared holding Tether (USDT) to the risk of holding ‘the Nigerian Trinket’.In a tweet earlier today, Brandt took aim…
Bitcoin dips 8% from highs as trader demands BTC bulls reclaim $37.5K
Bitcoin “isn’t shouting for bullishness” below $37,500, fresh analysis says, as the Fed’s latest comments deliver little direction. 617 Total views 6 Total shares Bitcoin (BTC) climbed down from multi-day highs on Jan. 27 as the aftermath of the latest United States Federal Reserve meeting saw bulls taper their enthusiasm.BTC/USD 1-hour candle chart (Bitstamp). Source:…
Tesla Stock Outperforms Bitcoin in 2020 as $10K Bull Run Continues
Bitcoin (BTC) investors face double disappointment from Elon Musk this month as data shows Tesla is the one investment outdoing BTC in 2020. Figures from Cboe tracking $TSLA stocks against Bitcoin confirm that while BTC/USD has sealed 30% gains since Jan. 1, the former is up more, at 38%.Tesla hits all-time highAgainst the expectations of many,…
Grayscale: Bitcoin Market ‘Looks Like 2016, Before Historic Bull Run’
Grayscale notes that long term holders are increasingly dominating the Bitcoin markets over short-term speculators, driving demand relative to supply. A new report by crypto fund manager Grayscale Investments argues that the current Bitcoin (BTC) market structure “parallels that of early 2016 before it began its historic bull run.”Grayscale predicts that demand for Bitcoin will…
Nefarious Parties Peddled Half a Million Zoom Profiles on Darknet
Recent data shows parties selling a massive number of Zoom accounts in the far reaches of the internet. In darknet and hacking forums, perpetrators are pawning off 500,000 user accounts from the popular internet video conferencing site, BleepingComputer said in an April 13 report. Hackers utilized former leaked informationThe infiltrators used multiple methods to gain access…
Binance Doubles ETH Withdraw Fees, Firing Up Crypto Traders
Binance announced in a tweet on March 12 that it is doubling fees for ETH withdrawals. The company cited network congestion as the reason for the decision. The tweet specified: “To better facilitate ERC20 and ETH withdrawals during this period of high congestion on the $ETH network, we are making the following temporary adjustments:ETH withdrawal 0.003…