Bitcoin paints Nasdaq green as NCI index marks 38% gain in January
The bullish rise of Bitcoin and other altcoins in January helped the Nasdaq Crypto Index to register its third-highest monthly gain. Go to Source Powered by WPeMatico
Month: February 2023
Chinese Economist Urges Government to Reconsider Crypto Ban — Warns of Missed Tech Opportunities
An economics professor and former adviser to the People’s Bank of China has urged the Chinese government to reconsider its ban on cryptocurrencies. He warned that banning crypto activities could result in missed opportunities that are “very valuable” to regulated financial systems. Chinese Economist Warns of Missed Opportunities Due to Crypto Ban A former adviser … Read more
State of play: Decentralized domain services reflect on industry progress
Major decentralized domain services weigh in on the state of the industry and the potential for future growth. Go to Source Powered by WPeMatico
Bitcoin bulls must reclaim these 2 levels as ‘death cross’ still looms
BTC price upside depends on whether two long-lost moving averages can be flipped to support, Bitcoin analysis predicts. Go to Source Powered by WPeMatico
Voyager victim calls for trustee to seize control of the estate
The 120-page motion came from a creditor who asked for the appointment of a chapter 11 trustee citing alleged fraud and incompetence at Voyager. Go to Source Powered by WPeMatico
Indian Government Introduces New Crypto Tax Penalties
The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment of the crypto community, Finance Minister Nirmala Sitharaman did not mention crypto in her Budget speech this year. Crypto income remains taxed at 30% while TDS stays at 1%. No Crypto Tax … Read more
Bitcoin Ordinals creators look for fix after first instance of shock porn
A rather unsavory image made it to the front page of the Ordinals website for 30 minutes before it was hidden, however, the image itself is immutable. Go to Source Powered by WPeMatico
Regulatory action against Mango Markets exploiter is a win for DeFi — Moody’s
SEC and CFTC taking action against the alleged fraudster show that DeFi is becoming a “safer and more welcoming environment,” according to credit rating firm Moody’s. Go to Source Powered by WPeMatico
72% of institutional traders are crypto-skeptical this year: JPMorgan
The seventh edition of JPMorgan’s e-Trading Edit asked 835 institutional traders about their plans for trading digital assets in 2023, among other topics. Go to Source Powered by WPeMatico
Bithumb owner arrested in South Korea over alleged embezzlement
The net is closing in on Bithumb executives as the suspected real owner of the exchange is arrested. Go to Source Powered by WPeMatico
