Monday, May 20, 2024

Blockchain

Ducking Bitcoin Taxes Will Not Help Industry Grow

Early Bitcoin believers ventured into the digital currency industry because of its autonomy and anonymity. But the anti-establishment attitude cannot help the sector grow, according to Bittax. The Israel-based crypto tax specialist said that most...

Critics Say Bitcoin is Like Tech Stocks, Why Experts Disagree and it is More...

Since Bitcoin (BTC) seemingly lost its value proposition as a form of digital cash, investors have searched high and low, doing their utmost best to determine what defines the world-renowned cryptocurrency. While the search...

Why Investment Advisors Expect Bitcoin To Reach $17,570 By 2023

Investment advisors, which often sweat under the spotlight of their clientele, have long been hesitant to name-drop Bitcoin (BTC) and cryptocurrencies, much less give their predictions on the asset class. Yet, in a recent...

After $10B Drop, Crypto Market Slightly Recovers: Why a Trader Expected Today’s Bounce

Following yesterday’s widespread crypto market plunge, most major cryptocurrencies have bounced slightly today, but they are still down significantly from where they were a week ago. The market’s recent volatility has led Tether, the...

Yes, Criminals Use Bitcoin: They Also Use Cars, Cash, Mobile Phones, and the Web…

In the ten years of Bitcoin’s existence much has been made about its supposed utility for criminals by the mainstream media. The latest example comes from the UK’s Daily Mail, which has made a...

Bitcoin Trades Flat Following Yesterday’s Drop, Where is BTC Heading Next?

After an extended period of sideways trading, Bitcoin (BTC) experienced a large downwards swing yesterday that caused the cryptocurrency to break below it previously established support level in the low-$3,500 region. Although this drop seemed...

Why Craig Wright and Calvin Ayre are Claiming Bitcoin is Headed to Zero

The two most recognisable names from the Bitcoin Satoshi’s Vision (BTCSV) side of the Bitcoin Cash hard fork that occurred last November are adamant that the cryptocurrency agreed upon by the market as the...

Crypto Is Dead: Bitcoin Rally To Be Preceded By More

Since Bitcoin began to tumble in early-2018, crypto investors en-masse have been sitting on their hands, eagerly waiting for the eventual market turnaround. And while hopeful sentiment has begun to mount, especially as this...

Expect More Crypto Exchange Shutdowns and Ragequits

The ongoing “crypto winter” would lead more cryptocurrency exchanges to their deathbeds, predicted Travis Kling. The former Wall Street portfolio manager issued his statement after Kiev-based Liqui, a cryptocurrency exchange, closed down its operations citing...

Downtrend Confirmations Spell More Pain For Bitcoin, Where Will it Bottom?

By many accounts Bitcoin is not out of the woods and has a lot further to fall before any glimmer of a recovery or trend reversal is to be seen. A number of indicators...

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