A report from Kraken has identified last month’s BTC volatility at levels not seen since the ‘Black Thursday’ crash of early 2020. With Bitcoin rallying from $30,000 to $42,000 and back again during January, BTC’s annualized volatility rose to levels last seen in April 2020, according to a new report from U.S. crypto exchange Kraken. […]
Estonia’s Government Still Wants to Implement Stricter Rules for Licensing Crypto Firms
The new administration in Estonia is still planning to pursue an agenda to tighten rules for companies dealing with cryptocurrencies. The Ministry of Finance is looking to strengthen anti-laundering measures within the context of a major money-laundering scandal that involved Danske Bank. Estonia Revoked Over 1,000 Crypto Firms’ Licenses in 2020 Per a report by […]
G7 Will Meet to Discuss CBDC and Digital Tax this Week Says Japan’s Finance Minister
The Group of Seven (G7) will meet on Feb.12 to discuss central bank digital currencies (CBDC), digital taxation and global debt according to Japan’s Finance Minister Taro Aso. (Read More)
How Gresham international could have the best response to FCA on the new stablecoins laws.
How Gresham international could have the best response to FCA on the new stablecoins laws. As soon as HM treasury launched a consultation on the UK regulation of crypto assets and stablecoins, Gresham international began to prepare a response to the new laws. The 46-pages consultation document aims to mitigate risks to consumer and financial […]
G7 to discuss CBDC and digital taxation this week
The G7 will begin its Feb. 12 meeting on the subject of central bank digital currencies, before moving to digital taxation and accelerating global debt. Japanese Finance Minister Taro Aso has revealed the G7’s financial leaders will discuss central bank digital currencies during a meeting on Feb. 12. The meeting will be chaired by Britain, […]
Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments
As per the US SEC filing announced on Monday, February 8, Tesla has invested $1.5 billion into Bitcoin and intends to accept the crypto payments. (Read More)
Rising Bitcoin futures funding rate signals traders expect $50,000 BTC
Bitcoin perpetual futures buyers are paying a 5.4% weekly funding rate to keep their positions open, but is this sustainable? Today Bitcoin (BTC) price rallied to a new all-time high at $44,900 shortly after Tesla announced a $1.5 billion investment. This event triggered $555 million worth of shorts to be liquidated in two hours and […]
Bitcoin price hits $46,794 as altcoins, stocks rally to new highs
Bitcoin price hit a new all-time high at $46,794 on the same day Tesla revealed its $1.5 billion investment into BTC and stock markets rallied to new highs. On Feb. 8 Bitcoin (BTC) price broke out to a new all-time high at $46,794 after documents from Tesla revealed that the company had allocated 7.7% of […]
Cordoba Becomes the First Argentinean Province to Impose Taxes on Crypto-Related Activities
In Argentina, a provincial legislature has voted in favor of a bill to impose new taxes on gross incomes from crypto transactions. Cordoba’s central province is now the first one to impose crypto taxes in the country, which involves crypto exchange platforms and retail traders. Approved Tax Bill Grants a Definition of Cryptocurrencies According to […]
What we need before Dogecoin can become the world’s currency
If we want to earn our paycheck and pay our taxes in Dogecoin, there are a few things that need to happen first Continue reading on The Capital »