11.4 M Bitcoin Held As Long Term Investment
11.4 million Bitcoin is held by long term investors, diminishing the tradeable supply to only 20% of the total Bitcoin supply. Go to Source Powered by WPeMatico
Ernst & Young Launches Application to Help US Crypto Investors With Tax Filings
Ernst & Young (EY) has introduced a new application that helps U.S. cryptocurrency traders calculate and file their taxes with ease. The EY Cryptoprep app, a Software as a Service (SaaS) web-based crypto tax engine, helps users calculate crypto-related gains and losses that have to be reported on Form 8949, a form used to report … Read more
Blockchain Tech May Soon Fuel Medical Tourism in South Korea
A consortium aims to strengthen medical tourism in South Korea by launching a blockchain-powered platform. Go to Source Powered by WPeMatico
UNICEF Cryptocurrency Fund Makes Its Largest-Ever Investment
125 ETH going to some very good causes. Go to Source Powered by WPeMatico
Holders Gather 233K BTC This Year, While Bitcoin Cash Savers Outshine Composition by Time Held
Market data from Glassnode shows that bitcoin holders have increased their positions by 233,000 BTC since January 1, 2020. However, when it comes to holders making money at the current price, bitcoin cash and bitcoinsv have performed better and the concentration of large holders is larger too. As far as “holders’ composition by time held” … Read more
Law Decoded: As Crisis Mode Fades, Regulators Look Kindly on Crypto, June 12-19
Regulators are warming up to crypto around the world as they embrace innovation for economic recovery. Go to Source Powered by WPeMatico
The SEC Shuts Down Another Multi-Million Crypto Scam
Some of the investors’ money has been converted to fiat currency through the Gemini exchange. Other exchanges outside the US have also been mentioned. Go to Source Powered by WPeMatico
Robinhood Vows to Improve Platform Following Customer Tragedy
The suicide of Alexander Kearns prompted Robinhood to take additional measures to improve its platform. Go to Source Powered by WPeMatico
Another Bitcoin Scam Hits Canada
A local store owner in Winnipeg reported that several of his customers were victims of a Bitcoin scam. Go to Source Powered by WPeMatico