Tesla reveals it didn’t sell any Bitcoin holdings in Q3
According to Tesla’s Q3 financial filings, the company’s automotive sales declined slightly since Q2 2024, while leases increased slightly.
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Stablecoins not the target in BUSD crackdown: Matrixport head of research
Crypto financial services Matrixport's head of research believes the recent scrutiny of Paxos and its Binance USD (BUSD) token is not a direct attack on stablecoins themselves. In a Feb. 14 analysis, Matrixport's Markus Thielen suggested that Paxos Trust Company, the issuer of the Binance USD (BUSD), may not have been stringent enough with its oversight…
Chinese investors reboot Iranian Bitcoin mining facility
A Chinese-Iranian Bitcoin mining facility is set to resume operations after being forced to shut down earlier in the year. 809 Total views 10 Total shares After four months of closure, Iran’s largest Bitcoin mining facility is set to resume its operations.According to a report by IranWire, the decision to restart operations at the Bitcoin…
Chinese lottery service 500.com acquires Bitcoin mining pool BTC.com
Chinese sports lottery service 500.com has entered a share exchange agreement to acquire maror Bitcoin mining pool BTC.com. 4549 Total views 10 Total shares Chinese sports lottery service 500.com has acquired a major Bitcoin (BTC) mining pool, BTC.com.500.com has entered into a share exchange agreement with Blockchain Alliance Technologies Holding Company in the Cayman Islands,…
The stablecoin boom won’t continue without decentralized interoperability
Stablecoins are the cornerstone of the digital asset marketplace with a market cap of over $100 billion. Governments are already putting considerable resources in being up to speed with the trends. A November 2021 report published by the United States President’s Working Group on Financial Markets details the various measures to ensure stablecoin regulation is…
Bitcoin miner reserves drop to lowest in 14 years
Miners are holding the least Bitcoin on their balance sheets since February 2010, but the fiat value of their reserves is hovering around an all-time high.
US Reps Urge IRS to Clarify Reporting of Crypto Taxes Ahead of April 15 Deadline
Members of the United States Congress sent a joint request to the Internal Revenue Service (IRS) to provide clarity on reporting crypto taxes, according to an announcement on April 11.21 different representatives sent a bipartisan letter to the U.S. tax authority requesting guidance on how to report virtual currency taxes. The action took place before…
Can Bitcoin hit $17K next? Watch these 3 key BTC price levels
Bitcoin (BTC) has been on a tear and there’s no escaping it. But the majority of high-cap altcoins are seemingly suffering at the hands of this bull run, leading to the question: have we had our altseason already? Is it over or is there more to come?Multi-year resistance levelsBTC/USD 12-hour chart. Source: TradingView Bitcoin has been…
UK uses Love Island star to warn finfluencers on crypto and investment schemes
The financial and advertising regulators posted a seven-part checklist to ensure these social media stars stay within the bounds of the law. 1511 Total views 24 Total shares Own this piece of history Collect this article as an NFTThe financial and advertising regulators of the United Kingdom have teamed up to send a warning to…