Crypto

Thailand has reportedly scrapped plans to impose a 15% withholding tax on crypto transactions following a surge in cryptocurrency trading. The proposal, which was presented earlier this year, triggered a lot of opposition, but it appears that some sort of crypto tax will still be implemented....

By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock  (TSXV:BLOK) Bitcoin (CRYPTO: BTC) managed to outperform the S&P 500 over the course of the past week, despite fears surrounding the Federal Reserve raising rates in response to high...

The president of El Salvador, Nayib Bukele is going all bullish on Bitcoin (CRYPTO: BTC) despite a recent lull in price action. At the time of publication, Bitcoin was trading at $37,227, down 1.96% in the last 24 hours. At present prices, Bitcoin is down 45.89% from all-time highs of $69,000...

Cryptocurrency analyst and trader Justin Bennett says Bitcoin (CRYPTO: BTC) looks poised to rally above $40,000 before the month comes to a close on Monday. “If Bitcoin can break above these highs, right around $37,500, if we do get that breakout, I think we see $40,000, potentially up...

Since early November, the Bitcoin (CRYPTO: BTC) price meltdown has already wiped off more than $1 trillion in market value. According to Coin Metrics data, Bitcoin went below $34,000 yesterday morning and is now trading around $36,900. Ether (CRYPTO: ETH) is likewise falling in value, with a...

The most recent cryptocurrency bull run is in rocky territory as of right now, but that doesn’t mean that cryptocurrency as a whole is a bad investment. In fact, a correction is actually the best time to put money into the cryptocurrency market, as you’ll see bigger gains once the...

By Uldis Tēraudkalns, CEO of Nexpay Compliance remains a huge headache for crypto operators and buyers. We simply have to get to grips with it in 2022. The picture was not pretty in 2021. Binance, the world’s biggest cryptocurrency exchange, was investigated by the U.S. Justice Department and...

By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock, who are publicly listed in Canada (TSXV:BLOK) Bitcoin (CRYPTO: BTC) has surged 15% from the lows of $33,000 on Monday, whilst funding rates have turned very negative (as shown below),...

The decision of where to store your crypto assets is as important (if not more) than which cryptocurrency you decide to hold. There are a myriad of cryptocurrency wallets on the market – some safe and some not so safe. Unfortunately, it can be difficult to tell which is which, and much of...

Russia should regulate the crypto market, not ban it, Finance Ministry official Ivan Chebeskov said on Tuesday, appearing to contradict the central bank, which last week proposed banning the use and mining of cryptocurrencies. "We need to regulate, not ban," Chebeskov said "...

RODNAE Productions/Pexels Black Friday Another rough day, as pretty much everything got hammered (with the exceptions of haven stocks Peloton Interactive, Inc. (NASDAQ: PTON) and GameStop Corp. (NYSE: GME)--both of which were up on the day). Edward Snowden took the liberty of riffing...

A true crash is not what we want but it is what we deserve. It might seem counter-intuitive but I believe we need a crypto winter like those that have come before. At this point in a Bitcoin (CRYPTO: BTC) cycle, we start to see all the doom and gloom articles and posts about crypto being...

Order has been restored after the latest clash between the American Securities and Exchange Committee (SEC) and Coinbase, the largest cryptocurrency exchange platform in the USA. This time, the heat was focused on Coinbase’s intention to launch its Lend program, where users of the platform...

Coinbase Global Inc (NASDAQ: COIN) and Robinhood Markets Inc (NASDAQ: HOOD) have been in long-term downtrends but have recently printed possible reversal signals on their daily charts. On Monday, Coinbase bounced up from near to a support level and printed a dragonfly doji candlestick on the...

According to a Bloomberg report, Bitcoin (CRYPTO: BTC) holder and U.S. Senator Cynthia Lummis is planning to introduce a comprehensive crypto bill in 2022.  If passed by Congress and signed into law, the legislation would create a new regulatory body, overseen by the...