Bitcoin price seasonality data calls for $120K in Q1, but leverage remains BTC’s ‘biggest risk’

Thousands of Bitcoin mining machines had been reportedly seized as US ports of entry since as early as September, but there’s been conflicting information surrounding why. 1869 Total views 2 Total shares US Customs and Border Protection (CBP) authorities may have mistakenly seized thousands of Bitcoin miners under the impression that they were illegally imported

“What has pushed Bitcoin into a “crypto winter” over the last six months can by and large be explained as a direct result of an increasingly hawkish rhetoric from the US Federal Reserve,” CoinShares wrote. 1786 Total views 32 Total shares Institutional investors offloaded $101.5 million worth of digital asset products last week in ‘anticipation…

Coinbase Ventures, PayPal Ventures and Winkelvoss Capital have all invested in cryptocurrency tax automation software provider TaxBit. United States regulators are continuing to fine-tune their tax reporting requirements for cryptocurrency users. A second draft of Form 1040 from the Internal Revenue Service for the 2020 tax season published online suggests that the agency will now require…

With Bakkt launching just a few hours ago, crypto Twitter exploded with somewhat anticipated disappointment at the news of the first Bitcoin trade on ICE Futures US taking place at 8:02 ET.Twitter users were quick to point out that early orders had a meager value of around 3 BTC, which sluggishly grew to over 18…

Following a national security probe, pro-democracy Hong Kong newspaper Apple Daily printed its final edition and shut down its website. 655 Total views 47 Total shares Hong Kong cyber-activists are not giving up on the freedom of speech and are backing up articles from the pro-democracy tabloid newspaper Apple Daily using blockchain technology.Following a national…

The seventh edition of JPMorgan's e-Trading Edit asked 835 institutional traders about their plans for trading digital assets in 2023, among other topics. 26 Total views 2 Total shares Own this piece of history Collect this article as an NFTA whopping 72% of institutional e-traders have signaled “no plans to trade crypto/digital coins” in 2023,…

Federal authorities in the state of New York have unsealed fraud charges against the principal of a purported cryptocurrency escrow company Volantis in the amount of over $7 million.According to an announcement by the Department of Justice (DoJ), the United States Attorney for the Southern District of New York and the Assistant Director-in-Charge of the…