Author: Ivan May

Three weeks in a row, institutional investors have been expressing negative sentiment. According to a new Report from CoinShares, digital asset investment products experienced outflows last week of $54 millions dollars. This is a significant improvement over the $72 millions in outflows that were seen during the last week of the month. CoinShares is a digital asset investment company […]

The current trending Bitcoin price is above$28,000. This is 0.7% more than the previous 24 hours. This slight increase is due to the crypto market shifting beyond rumours about Binance CEO Changpeng Zhao being subject to a Red Notice warrant. The market’s reaction to Elon Musk’s decision to replace Twitter’s bird symbol by a Shiba Inu […]

Compass Mining, a Bitcoin mining company, published a blog article entitled ‘Bitmain Has Changed Its ASIC Design. The blog post ‘Miners Need to be Ready’ highlights changes in Bitmain’s ASIC design. Compass believes that bitcoin mining facility operators need to be aware of changes which could lead to problems. Compass identified three issues with the Antminer S19 (producing 90 […]

Market strategists, economists, and analysts are making predictions about the future of asset prices and performance in 2023. Some forecast that gold and cryptocurrency will perform well while others anticipate less favorable outcomes. On Jan. 27, 2023, in an interview published Thursday, Kitco News Anchor and Producer David Lin spoke with Gareth Soloway, president of inthemoneystocks.com, about the […]

As part of its budget law 2023, the Italian parliament approved a cryptocurrency tax on Dec. 29. Senators approved a Dec. 24 document that approved 26% aliquots for cryptocurrency gains exceeding 2,000 euros (approx. $2,060 during a tax period Since Dec 1, the draft of the budget law was presented, the capital gains tax for cryptocurrency had […]

Ledger revealed a brand new hardware wallet that is roughly the size of a credit card. Ledger Stax features an eink touch screen, which can be customized and provides capacitive touch. French-based manufacturer of crypto hardware wallets is known for making wallets like the Nano. Stax also allows users to protect their crypto assets and non-fungible tokens in a […]

After three major seizures in the last two years, the U.S. government now has a substantial bitcoin stash. In November 2020, the DOJ detailed seized 69,370.22 BTC, which was valued at over $1 billion. The stash seized from ‘Individual X” is now worth $1.36 Billion. On February 1, 2022, onchain researchers noticed 94 636 Bitcoin consolidate in a single address. Two individuals, Heather Morgan […]

Eurasian Bank, which is based in Almaty, and Intebix, a Kazakhstan-based cryptocurrency exchange, reported that they had conducted what they described as the country’s first crypto-related transaction. This involved a platform for digital asset trading, a bank institution and a customer. The announcement of the deal, which involved cryptocurrency being acquired using local fiat, took place […]

Chairman of the U.S Securities and Exchange Commission (SEC), Gary Gensler spoke about compliance and crypto regulation at Thursday’s SEC Speaks conference by the Practising Law Institute. He stated that the core principles in the SEC’s statutes are applicable to all securities markets, which includes securities and intermediaries in crypto markets. The vast majority of […]

As traders responded to July’s nonfarm payrolls reports, Bitcoin was consolidating Friday’s gains to begin the weekend. After the release of data, Bitcoin/USD surged up to an intraday high of $23,422.83 Friday. This sentiment is now somewhat fading, as prices fell to $22,800.36 today. This is because bitcoin bulls decided to liquidate their positions earlier to make […]