The mechanisms which create the conditions of freedom that bitcoin enables also create self-empowerment within HODLers. Rule V: Bitcoiners Do Not Do What We Hate A reimagination of “Beyond Order” by Jordan Peterson through the lens of Bitcoin. Rule IRule IIRule IIIRule IV Preface These essays mirror the exact chronological structure of “Beyond Order” by Jordan […]
IRS needs congressional authority to handle crypto, says chief
“Most crypto, virtual currencies are designed to stay off the radar screen,” said Charles Rettig. Internal Revenue Service chief Charles Rettig called out lawmakers for not taking the initiative on addressing the problem of many U.S. residents not paying taxes on crypto. In a Tuesday senate hearing on the IRS’ fiscal year 2022 budget, Rettig […]
IRS Seeks Congressional Authority to Obtain Data on Cryptocurrency Transactions
The U.S. Internal Revenue Service (IRS) says it needs congressional authority in order to obtain the information needed to regulate cryptocurrency. “We get challenged frequently and to have a clear dictate from Congress on the authority for us to collect that information is critical,” IRS Commissioner Charles Rettig said. IRS Says It Needs More Authority […]
These factors preceded today’s Bitcoin, Ethereum sell off—here’s what could happen next
Bitcoin and Ethereum markets saw another big sell-off on June 8, data from multiple sources show. The assets fell more than 10%, while some altcoins fell as much as 15%. The move came on the back of the US government tightening its grip around the sector, but came even as countries like Paraguay, El Salvador, […]
BTC/USD Sharply Lower After Stops Elected: Sally Ho’s Technical Analysis 9 June 2021 BTC
Bitcoin (BTC/USD) reclaimed some lost ground early in today’s Asian session as the pair appreciated to the 32611.45 level after trading as low as the 31004.95 level during the North American session, with the interday low representing a test of recent technical support around the 31111 level. Significant Stops were elected below the 35501.71 and […]
BTC/USD Sharply Lower After Stops Elected: Sally Ho’s Technical Analysis 9 June 2021 BTC
Bitcoin (BTC/USD) reclaimed some lost ground early in today’s Asian session as the pair appreciated to the 32611.45 level after trading as low as the 31004.95 level during the North American session, with the interday low representing a test of recent technical support around the 31111 level. Significant Stops were elected below the 35501.71 and […]
Skybridge Capital Says Bitcoin Still Has More Upside Than Gold
The chief investment officer of global investment firm Skybridge Capital says bitcoin still has more upside than gold. While expecting both gold and bitcoin to rally, he said his hedge fund is sticking to bitcoin. Asset Manager Skybridge Prefers Bitcoin to Gold Troy Gayeski, co-chief investment officer (CIO) and senior portfolio manager at Skybridge Capital, […]
Justin Sun Buys “Golden Whale Pass” NFT Built On Liquid For 12.6 BTC
Justin Sun bought the Liquid sidechain “Golden Whale Pass” NFT, which provides access to all Bitcoin conferences, for 12.6 bitcoin. Justin Sun, founder of TRON and CEO of file sharing software BitTorrent, won the bidding for the first-ever Golden Whale Pass, an NFT (non-fungible token) built on the Liquid Bitcoin sidechain and minted by NFTglee. […]
Bitcoin sell-off likely played a key role in boosting Gold’s appeal
Investors’ appetite for gold increased as they assessed higher inflation and a major price crash in the Bitcoin market. May was a testing time for cryptocurrencies like Bitcoin (BTC). The flagship digital asset was already wobbling after rallying to nearly $65,000 in mid April, owing to profit-taking sentiment among traders. Elon Musk accelerated the sell-off […]
‘I should have bought a lot more,’ laments billionaire investor on Bitcoin
“The probability as more and more people keep using Bitcoin, it’s going to keep moving up,” said Marc Lasry. Marc Lasry, co-founder and CEO of Avenue Capital Group, believes that despite recent volatility in the crypto market, it likely isn’t going away. In a Tuesday interview with CNBC’s Squawk Box, Lasry said that while the price […]