Seized Silk Road Bitcoin to Clear Ross Ulbricht's $183M Debt
Silk Road creator Ross Ulbricht will see his $183 million debt to the U.S. government wiped out following the seizure of $3 billion in bitcoin. Original Source
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The Right Tax Treatment of Staking Rewards Is Clear: Taxation Only After Sale
This treatment is intuitive with respect to created property. We paint pictures, grow crops, mine raw materials, process raw materials into useful commodities, write essays and engage in countless other creative processes, knowing and expecting that, should our creations actually have some monetary value, they are not taxed unless and
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Analysts say Bitcoin daily close above $48K opens a clear path to a new all-time high
Cryptocurrency investors are in high spirits on March 28 as the week-long melt-up across the market extended another day with Bitcoin (BTC) rallying to $48,000 and Ether trading above $3,400.Data from Cryptox Markets Pro and TradingView shows that after a brief pause near support at $47,000 in early trading on
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Why Ethereum Needs To Clear $2,650 For Hopes of a Fresh Rally
Ethereum extended decline below the $2,525 support zone against the US Dollar. ETH price remained bid near $2,500 and currently attempting an upside break. Ethereum is still struggling to clear the $2,600 and $2,625 resistance levels. The price is now trading below $2,600 and the 100 hourly simple moving average. There is a
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FTX.US Derivatives Seeks CFTC Approval to Clear Margin Trades Directly for Customers
The company says the change would allow customers to transparently assess and respond to derivatives risk in real time. Source
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Why Bitcoin Needs To Clear $43,800 For Hopes of a Fresh Rally
Bitcoin is recovering losses and trading above $43,000 against the US Dollar. BTC must clear $43,800 to continue higher in the near term. Bitcoin found support near $41,600 and started a fresh upward move. The price is trading above $43,000 and the 100 hourly simple moving average. There was a break above a
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Why Bitcoin Needs To Clear $42,500 For Hopes of a Fresh Rally
Bitcoin found support near the $41,200 zone against the US Dollar. BTC must clear $42,500 to start a recovery wave in the near term. Bitcoin extended decline and tested the $41,200 support zone. The price is still trading below $42,500 and the 100 hourly simple moving average. There is a major bearish trend
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Thailand government to clear up crypto tax confusion
Thailand is fast-tracking its crypto tax plans as it readies regulations for digital asset traders this month in an effort to provide further clarity on crypto-related activities.The Thai revenue department’s director-general has stated that clear criteria for calculating taxes on crypto trading profits will be finalized this month.The statement comes
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Certik identifies Arbix Finance as a rug pull, warns users to steer clear
BSC-based yield farming protocol Arbix Finance was identified by blockchain security company Certik as a rug pull. According to the firm’s incident analysis, there were several reasons why the project was flagged. The security firm cites that the ARBX contract has mint() with onlyOwner function, 10 million ARBX tokens were minted
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US Lawmaker Behind Pro-Crypto Legislation To Introduce Clear Crypto Bill In 2022
Pro-bitcoin Senator Cynthia Lummis of the United States is planning to present a comprehensive crypto bill next year that will explain how different digital assets will be classified and taxed. Pro-Bitcoin Senator Proposes Crypto Bill Senator Cynthia Lummis, a Bitcoin evangelist, plans to introduce a comprehensive crypto bill in the new year. Lummis’
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