Coinbase, Marathon stocks surge as Bitcoin lights ‘fire in the cauldron’
The anticipated Bitcoin halving and potential ETF approvals have lit “some serious fire in the cauldron” for crypto, said Zerocap investment chief Jon de Wet. Go to Source
Month: December 2023
Bitcoin the ‘main beneficiary’ as crypto funds notch 10-week streak
Nearly $1.8 billion flowed into crypto investment products over the last 10 weeks, which hasn’t been seen since Bitcoin futures were launched in October 2021. Go to Source
Core Scientific explains its latest bankruptcy plan ahead of court date
If approved, this third version of the plan will go into effect on Jan. 5, 2024, and see the company add 372 MW in capacity by 2027. Go to Source
IRS team reports rise in crypto tax investigations
According to the fiscal year 2023 report, the IRS unit investigated failures to disclose crypto holdings and report on capital gains for transactions. Go to Source
Crypto Stories Part 2: Bitcoin led Charlie Shrem into a tumultuous life
The man who introduced the Winklevoss twins to crypto ended up in prison. He expressed no regrets to Cointelegraph. Go to Source
Tax services are getting pushy to have crypto declared: Law Decoded, Nov. 27–Dec. 4
Spain and Brazil are chasing cryptocurrency stored abroad, while the U.K. wants taxes paid for crypto assets that weren’t previously declared. Go to Source
IBM says it will hit a quantum computing ‘inflection point’ by 2029
Big Blue’s roadmap says it’s on pace to execute 100 million gates over 200 qubits in 2029 before a 10X improvement by 2033. Go to Source
Coinbase initiative announces crypto-themed US presidential forum
Presidential candidates Asa Hutchinson, Vivek Ramaswamy and Dean Phillips will discuss blockchain and crypto ahead of the New Hampshire Primary. Go to Source
Bitcoin Hits $42,000 Following 2024 Bull Run Calls, ETF Momentum And Halving Event
Today, Bitcoin has made an impressive comeback, surging past the $40,000 mark for the first time since April 2022. Of course, currently it’s holding steady at $41,337, after hitting the notable point price of $42,000 marking a notable peak for the year. Potential ETF Approval Is Becoming The Major Drive For Price Increase This surge, … Read more
Price analysis 12/4: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK
Altcoins show compelling technical setups after Bitcoin price blew past $42,000 on December 4. Go to Source
