Tag: bitcoin trader

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Charles Hoskinson under fire for… not dropping out of a PhD program?

“The schools say he didn’t graduate from undergrad. Also, he has said multiple times, including in our interview, that he dropped out from a PhD program,” claimed crypto-journalist Laura Shin. A debate has surfaced online following claims that Cardano founder and Ethereum co-founder Charles Hoskinson may have fudged the specifics of his educational background. While…
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How HAL and Aldrin are helping to keep crypto assets secure during bear markets

Both firms say they allow traders to make real-time moves in responding to their risky crypto positions. Crypto bear markets are known for their downturns and their liquidations for investors who are trading with leverage. On top of that, decentralized finance, or DeFi, projects can become targeted by hacks or suffer rug pulls, leading to…
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FinCEN Issues ‘Red Flags’ on Potential Sanctions Evasion Using Cryptocurrency

The Financial Crimes Enforcement Network (FinCEN) has issued an advisory on Russian efforts to evade sanctions that includes a number of crypto-related red flags. However, the bureau admitted that it has not seen “widespread evasion” of its sanctions using cryptocurrency. FinCEN Warns About Sanctions Evasion The Financial Crimes Enforcement Network (FinCEN), a bureau of the…
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How to navigate cryptocurrency tax implications amidst the CPA shortage

High demand for CPAs has left many to fend for themselves when it comes time to figure out the complex tax landscape marked by virtual currencies. Cryptocurrency is a hot topic worldwide, especially with prices of Bitcoin (BTC), Ethereum (ETH) and other cryptocurrencies hitting higher thresholds and resulting in another banner year for investors. While…
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Bitcoin’s sub-$40K range trading and mixed data reflect traders’ uncertainty

The market gave up last week’s gains from Bitcoin’s surge to $45,000, but derivatives metrics suggest retail traders are more bullish than market makers and whales. The phrase “hindsight is 20/20” is a perfect expression for financial markets because every price chart pattern and analysis is obvious after the movement has occurred. For example, traders…
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Ethereum traders reduce their bullish bets as ETH struggles reclaim $3K

ETH price is stuck in a rut and these three metrics suggest the downtrend is nowhere near an end. Ether (ETH) is still in troubled waters after failing to break a five-week-long descending channel top for the third time in a row. The March 2 test of the $3,000 resistance was followed by a 17.5%…
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Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions

A popular destination for many Russians, Thailand is now looking for ways to facilitate their payments amid widening western sanctions over Moscow’s military invasion of Ukraine. Cryptocurrency is one of the options being explored by the tourism industry as Russian citizens now face financial restrictions. Authorities in Thailand Consider Accepting Cryptocurrency From Russian Visitors Talks…
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‘Russian Ethereum’, Waves, Almost Triples Since Ukraine War Began

  The WAVES token, issued by the protocol with ties in Russia, is close to a 3x price gain in a matter of just two weeks after it rallied right after Russia invaded Ukraine. The massive gains also follow crypto exchange Binance integrating the token into its Loans platform last week, and a new roadmap…
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Binance Launches Bitfinity, a Payments Company Targeting the Web3 Economy

Leading cryptocurrency exchange Binance has announced the launch of its own payments processing company, Bitfinity. Bitfinity will act as the default fiat-to-crypto payments ramp for the exchange, as well as for other blockchains. With this launch, Binance also targets the expanding Web3 economy, partnering with Paysafe and Checkout.com. Bitfinity Launches to Help Merchants Accept…
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‘100x Lower Than L1 Fees’ — Alchemy Integrates Ethereum L2 Product Starknet to Increase Web3 Scalability

According to the startup Starkware, the team’s Ethereum layer two (L2) service Starknet has been integrated by the blockchain API and node service Alchemy. Developers can now leverage Alchemy’s infrastructure tools alongside Starknet’s zero-knowledge (ZK) rollup technology. Israel-Based Startup Starkware Partners With Alchemy On Monday, the blockchain startup Starkware announced the team has inked a…
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