BTC, ETH, and altcoins continue to grow as the crypto markets are on their second day in a row of solid growth. #NEWS
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BTC, ETH, and altcoins continue to grow as the crypto markets are on their second day in a row of solid growth. #NEWS
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Tax season in the U.S. is here, and many citizens who use or hold cryptocurrencies are clamoring around trying to figure out how to file their capital gains taxes. According to reports from Fundstrat’s analyst Tom Lee, cryptocurrencies represent roughly 20 percent of last years U.S. capital gains. Also Read: Emin Gün Sirer Discusses Cryptocurrency Academics […]
The post Tax Paying Americans Owe $25 Billion in Cryptocurrency appeared first on Bitcoin News.
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BTC’s price will be able to find its “footing” only after tax day, as a large selloff of crypto to fiat will take place by crypto-holding tax payers, Tom Lee predicts. #NEWS
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With western Christianity set to celebrate the basis of its theology this weekend, bitcoiners the world over might be showing up to churches in droves, hoping one resurrection might lead to another. The ecosystem’s main prophet, Tom Lee of Fundstrat Global Advisors, has outlined four reasons why enthusiasts ought to be bullish on the future: […]
The post Not Dead: There’s Good Reason to Be Long on Bitcoin appeared first on Bitcoin News.
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Intel’s new BTC mining hardware accelerator patent seeks to reduce BTC mining energy use. #NEWS
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A predicted 56,000 percent increase for BTC since Jan. 2015 brings BTC’s hypothesized price to $91,000 by March 2020. #NEWS
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According to a study conducted by Wall Street analyst, Tom Lee’s agency, Fundstrat, BTC prices below the $8K range make it awfully difficult for miners to gain revenue. Lee details that at a global average rate of six cents per kilowatt-hour, some BTC miners are either breaking even right now or mining the cryptocurrency at […]
The post BTC Prices Below $8K Could Spell Disaster for Bitcoin Miners appeared first on Bitcoin News.
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A new Fundstrat report points out that the current market slump is making BTC mining temporarily unprofitable, as low BTC prices come close to mining costs. #NEWS
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Could Bitcoin hold $10k today? Mt. Gox shouldn’t worry markets, says Fundstrat’s Lee. #NEWS
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This week the Wall Street analyst and Fundstrat executive, Tom Lee, has revealed a new index that helps cryptocurrency investors know the right time to buy BTC. The indicator is called the ‘Bitcoin Misery Index’ that calculates multiple market factors. Also read: Ant Creek: Is Bitmain Quietly Developing a Mining Facility in the US? The ‘Bitcoin […]
The post The Bitcoin Misery Index: Finding An Entry Way With Sadness appeared first on Bitcoin News.
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