Bitcoin Again Bounces Off 'Cloud' Support; Resistance at $42.6K
Bitcoin Again Bounces Off 'Cloud' Support; Resistance at $42.6K Original Source
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Tax expert says buying crypto is not a taxable event
While many refer to crypto as the “Wild West,” some believe that this may only continue for a little longer.Thomas Shea, crypto tax leader at EY Financial Services, told Cryptox that taxation for crypto is an evolving area and new regulations may be implemented soon. “There is new legislation that
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Japan Lays Outs Penalties on Crypto Exchanges for Non-Compliance With Russia Sanctions: Report
Japan's government and financial regulator have laid out the penalties crypto exchanges could face if they fail to comply with sanctions on Russia. Source
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Inflation Worries Top Concerns Before Fed Meeting, Spur Musk Comment
"USD consumer inflation will continue near all-time highs, and asset inflation will run at double the rate of consumer inflation. Weaker currencies will collapse, and the flight of capital from cash, debt, & value stocks to scarce property like bitcoin will intensify," Saylor tweeted in response to Musk's inflation query
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Sudan Rejects Russian Illicit Gold Smuggling Allegations – Featured Bitcoin News
Sudan has denied claims Russian entities have smuggled hundreds of tonnes of illicit gold from its territory. Officials have called the allegations fake news and suggested that Sudan is in fact looking to revive its economy through gold mining. The Rise in Russia’s Gold Holdings The Sudanese Ambassador to Russia Onor
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Bitmain Says New Liquid Cooling Miner Is its Most Power Efficient Model to Date
The S19 XP Hyd. will deliver 255 TH/s at 20.8 J/T. Original Source
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MiCA Amendments Proposed Last Minute Revive Threat of EU Ban on Bitcoin, Report Reveals – Regulation Bitcoin News
Changes to the EU’s MiCA proposal to regulate crypto markets, suggested shortly before a vote on the package, indicate a bitcoin ban is still a possibility. Despite recently removing wording that would have prohibited coins with energy-intensive mining, some members of the European Parliament are now targeting “unsustainable” cryptocurrencies. New MiCA
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Musk-Saylor inflation debate boils down to scarcity
As rising inflation threatens to eat up further the purchasing power of the global fiat ecosystem, finding the perfect hedge against a falling economy has become the need of the hour — especially for the general public across the world. Joining this discussion online, Tesla CEO Elon Musk asked publicly about
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5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week struggling to preserve support as key macro changes appear on the horizon.In what could turn out to be a crucial week for Bitcoin and altcoins’ relationship with traditional assets, the United States Federal Reserve is set to be the main talking point for hodlers.Amid
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How Crypto Platforms are Transforming the Online Gaming Industry
The gaming industry has come a long way from the days of arcades. From Super Mario to Grand Theft Auto, the gaming industry has seen quite a lot of transformation in terms of enhancing the gaming experience. It has made great strides in the last several decades. In fact, the
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