TON Society issues open letter to France urging Pavel Durov’s release
French President Emmanuel Macron has been widely criticized by tech executives such as Elon Musk and Rumble CEO Chris Pavlovski.
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South Korea Drafting Legislation To Tax Individual Crypto Profits
Cryptocurrency and taxation laws are creating a great deal of confusion in South Korea.On Dec. 30, South Korea’s government stated that under current law, it cannot impose income taxes on individuals’ profits from transactions of cryptocurrency. This, however, contrasts with the National Tax Service’s recent imposition of an 80 billion won ($68.9 million) tax bill…

Former Bithumb Chairman faces eight-year imprisonment
According to prosecutors, Lee Jeong-hoon intended to revamp Bithumb’s governance to gain from exchange coins, circumventing financial regulations. Lee Jeong-hoon, the former chair of Bithumb, one of South Korea’s major cryptocurrency exchanges, is at the center of a legal battle and might be facing an eight-year prison sentence in the appeal whose verdict is scheduled

BTC price upside ‘yet to come’ at $29K after Bitcoin RSI reset — trader
Bitcoin is still preparing for a BTC price "parabolic advance" with a popular metric laying the foundations, says Credible Crypto. 293 Total views 8 Total shares Bitcoin (BTC) has not yet seen the majority of its gains this cycle, one popular trader believes.In a tweet on Aug. 3, Credible Crypto doubled down on his bullish…

What Bitcoin correction? BTC price holds $55K despite several bearish indicators
Experienced analysts and media outlets including Cointelegraph recently highlighted some indicators suggesting that the Bitcoin (BTC) price rally could be overextended. Those bearish views include one from Bollinger bands creator John Bollinger, suggesting traders use a trailing stop, as signs of a “top” were building up.However, it is worth noting that Bollinger Bands and the…

MicroStrategy stock price more than doubles in 2023 in lockstep with Bitcoin
MicroStrategy's infamous Bitcoin (BTC) investment strategy is playing out profitably so far into 2023.Today, MicroStrategy's stock MSTR is up roughly 140% year-to-date (YTD) to $350 per share, its highest level since September last year. It mirrored Bitcoin's 90% YTD gains, maintaining a strong positive correlation with the top cryptocurrency.MSTR daily price chart featuring its daily correlation…

Bitcoin traders anticipate new yearly lows after BTC’s $25K rejection — Data disagrees
Bitcoin (BTC) showed weakness on Aug. 15, posting a 5% loss after testing the $25,000 resistance. The move liquidated over $150 million worth of leverage long positions and has led some traders to predict a move back toward the yearly low in the $18,000 range.The price action coincided with worsening conditions for tech stocks, including…

XDEFI Wallet integrates Terra and launches liquidity program
The platform reported 35,000 users to its Chrome extension wallet in the first few weeks following its launch. 604 Total views 27 Total shares XDEFI Wallet, a browser-based service for decentralized finance (DeFi) and nonfungible token (NFT) assets, has officially integrated the layer one blockchain protocol Terra on its platform following a number of weeks…

Bitcoin’s repeating bearish engulfing trend and spot ETF outflows boost odds of sub-$60K BTC
Repeat bearish engulfing candles near range highs and Bitcoin’s inability to flip $70,000 to support are possible signs of an incoming correction