Pantera Capital Says Some Crypto Selling Pressure Has Been Tax Related
Some $14 trillion of cryptocurrency capital gains were created last year, and tax bills need to be paid. Source
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Selling
Bitcoin Selling Intensifies; Support at $30K Could Stabilize Correction
On the daily chart, downside exhaustion signals are starting to appear, similar to what occurred on Jan. 24, which preceded a 30% price jump. This time, however, the relative strength index (RSI) is not deeply oversold, which could delay a potential upswing in price. Original Source
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Mexico’s Third Richest Billionaire Says Buy Bitcoin, Forget About Selling, You’ll Thank Me Later – Markets and Prices Bitcoin News
The third-richest billionaire in Mexico, Ricardo Salinas Pliego, advises to buy bitcoin, keep buying while the price is still low, and hold the crypto without thinking of selling. “Trust me, you’re going to thank me later,” he affirmed. Billionaire Ricardo Salinas Pliego’s Bitcoin Advice Mexico’s third-richest billionaire, Ricardo Salinas Pliego, gave some
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ConocoPhillips Selling Excess Gas to a Bitcoin Miner in North Dakota
So-called flaring, where excess natural gas is burned off into the atmosphere as part of oil drilling operations, has become standard industry practice because of the lack of transportation infrastructure. Aiming for the win-win of running their rigs while slashing carbon emissions from flaring, bitcoin miners, including Crusoe Energy and
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Bandana Wearing Cryptopunk NFT Smashes Records Selling for $23 Million in Ethereum – Markets and Prices Bitcoin News
The Cryptopunks non-fungible token (NFT) collection has seen a new record as the NFT Cryptopunk #5822 sold on Saturday for 8,000 ether or more than $23 million. The new owner of the NFT, Deepak Thapliyal, the CEO of a blockchain firm called Chain explained that he used leverage via Compound
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Ricardo Salinas Pliego Hints at Elektra Group Selling Bitcoin in Its Stores – Bitcoin News
Ricardo Salinas Pliego, president of the Salinas Group, owner of the Elektra Group stores, hinted at the possibility of the shops selling bitcoin. The executive stated that due to the regulations of the Central Bank of Mexico, his company cannot implement cryptocurrency integration in the Azteca Bank app. However, he
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Sneaker Giant Nike Sues Online Retailer for Selling Unauthorized Nike Shoe NFTs – Featured Bitcoin News
Nike has filed a lawsuit against an online reseller using unauthorized Nike shoe images in non-fungible tokens (NFTs). “Those unsanctioned products are likely to confuse consumers, create a false association between those products and Nike, and dilute Nike’s famous trademarks,” Nike alleges. Nike Sues Online Retailer Over NFT Sales Sneaker giant Nike
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Konami to Keep Selling NFTs to ‘Preserve Content’ – Bitcoin News
Konami, one of the leading Japan-based game developers, elaborated on its future policy regarding NFTs. In its latest financial results meeting, Konami touched briefly on the subject of NFTs, and explained it would go on with its activities involving this technology as a preservation tool for some of its beloved
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Lack Of Liquidations Could Indicate Another Wave Of Selling
Bitcoin finally broke below the $40K point this past weekend. This had sent the cryptocurrency back towards six-month lows. One thing though was that liquidations or the digital asset remained lower than expected. The current liquidation volumes lay well below the volumes that have accompanied previous crashes like this one.
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‘Stop panic selling’ — Bitcoin whales bag spare BTC as exchange balances fall
Bitcoin (BTC) is being aggressively bought up at prices near $30,000 as bidders begin to soak up liquidity from short-term sellers.Data from on-chain monitoring resource CryptoQuant shows that as of late December, Bitcoin exchanges have begun to shed their BTC reserves once more.BTC conspicuously attractive at current levelsAfter a period
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