Tag: bitcoin trader

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Bitcoin price surges, but derivatives metrics reflect pro trader’s neutral sentiment

BTC and ETH prices are in a clear bull trend, but derivatives data shows pro traders haven’t turned into bulls just yet. As Bitcoin (BTC) finally broke out of the $46,000 resistance on March 27, traders were quick to conclude that the bearish trend was gone for good. Even as the price hit its highest…
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Former Exchange CEO Mark Karpeles Reveals Plans to Airdrop NFTs to Mt Gox Customers

The former CEO of the bankrupt bitcoin exchange Mt Gox, Mark Karpeles, announced he has launched a non-fungible token (NFT) project that will give Mt Gox customers registered between 2010 and 2014 an airdropped NFT. The Mt Gox NFTs are ERC721-compatible tokens that claim to provide “specific use cases.” Former Exchange CEO Announces Commemorative Mt…
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UnionPay Launches Self-service Platform for Merchants to Add Digital Yuan Pay Options

  Chinese businesses are finding more uses for the digital yuan – with merchants being offered services that allow them to sign up to receive central bank digital currency (CBDC) payments through third-party operators. Per an article from China National Radio, the domestic financial behemoth UnionPay will launch a self-service signup platform for merchants who…
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Ariva Mentioned as Top Project in Blockchain for Travel Summit in Dubai

PRESS RELEASE. Fast-growing blockchain protocol Ariva was highlighted as one of the key drivers of blockchain technology in the tourism sector at the Blockchain For Travel Summit held in Dubai on March 26, 2022. A gathering of key stakeholders in the tourism sector for blockchain ‘’The Global Tourism Forum Blockchain for Travel Summit’’ was organized…
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Analysts say Bitcoin daily close above $48K opens a clear path to a new all-time high

Analysts say Bitcoin’s surge above $48,000 is the clear macro trend change that traders have been waiting for, but are new all-time highs on the way? Cryptocurrency investors are in high spirits on March 28 as the week-long melt-up across the market extended another day with Bitcoin (BTC) rallying to $48,000 and Ether trading above…
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Crypto Fear and Greed Index Hits ‘Greed’ for the First Time in 4 Months

On March 28, the Crypto Fear and Greed Index has jumped back to the “greed” position for the first time in four months. The last time the index reached the current position was when bitcoin reached a high of $69K per unit last year on November 10. Crypto Index Dedicated to Emotions and Sentiments Reaches…
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Law Decoded: Crypto taxes and taxes on crypto, March 21–28.

Some jurisdictions are introducing digital assets as tax payment options while others levy hefty taxes on crypto gains. It was relatively quiet in the digital asset policy department last week, as regulators and lawmakers in most key jurisdictions retreated to their offices to do the necessary homework. In the U.S., federal agencies got on with…
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‘Bitcoin in Cowboy County’ — New Documentary to Feature Gas-to-Bitcoin Mining Solutions in Central Wyoming

According to the bitcoin mining operation and mining rig reseller, Compass Mining, a new documentary will be released that covers the bitcoin mining operations in central Wyoming. The documentary, called “Bitcoin in Cowboy County: Wyoming’s Powder River Miners,” will premiere at the Empower Conference in Houston, Texas, on March 31. Compass Mining and JAI Energy…
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Crypto tax rules will reduce US budget deficit by $11B over ten years — White House

The budget from the Biden administration said modernizing tax rules to include digital assets will bring the government $4.9 billion in revenue in 2023. The United States government’s budget for the 2023 fiscal year included roughly $11 billion in revenue over the next decade from modernizing rules around digital assets. According to U.S. President Joe…
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Impostors Make Deep Fake Videos of Ordinary ‘More Believable’ People to Promote Crypto Scams

  Scammers are impersonating anyone from influencers to high-profile crypto figures using deep-fake technology in a bid to steal crypto from unsuspecting victims — however, they now seem to have focused on impersonating regular people as they are “more convincing” tools.  Most recently, Miranda, an e-commerce worker who does not wish to disclose her real…
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