Fire Brigades Association becomes first Kenyan labor union to hold BTC
The union’s adoption was facilitated by a “get off zero” donation and partnership with Proof of Workforce.
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Italy approves 26% capital gains tax on cryptocurrencies
The Italian Senate approved the new tax rate for crypto trading as part of the budget legislation for 2023. 815 Total views 18 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTOn Dec. 29, 2022, days before the year’s end, Italy’s Senate approved its budget for 2023, which included an increase in taxation…

Anyone who studies Bitcoin ends up investing in it, says Scaramucci
Understanding Bitcoin inevitably leads to growing adoption, according to SkyBridge Capital CEO Anthony Scaramucci. 1345 Total views 16 Total shares Investors who study Bitcoin (BTC) carefully are eventually convinced to own a stake in the cryptocurrency, according to SkyBridge Capital CEO and founder Anthony Scaramucci.In a Monday interview with CNBC’s Capital Connection, Scaramucci — who…

Traders know not to ‘go long’ when this classic trading pattern shows up
Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to spot descending channel patterns can help traders avoid buying in a bearish trend.A “descending channel,” also known as a “bearish…

What Happens If the US Loses the Blockchain War?
While Mark Zuckerberg was fighting with the United States Congress over Facebook’s Libra, China took another step forward in the global technology race. President Xi Jinping called on his country to “seize the opportunity” in order to become a leader in blockchain technology as it tries to do likewise with artificial intelligence.This could be an…

US Fed CIO says it’s ‘hard to justify’ hiring human coders over AI
The Federal Reserve’s leadership seemingly views generative AI as a “super analyst” capable of turbocharging the agency’s work process.

Key metric shows Bitcoin hasn’t peaked, has bullish year ahead: Analyst
Assure DeFi CEO and crypto analyst Chapo predicts Market-Value-to-Realized-Value will peak around 3.2 this cycle, signaling the market top.

Environmental groups urge US government to take action on crypto miners
Among the proposals, the group of eight organizations requested the Environmental Protection Agency subject PoW mining firms to “stringent reviews” around operating permits. 19 Total views 1 Total shares A group of eight organizations focused on the environment have called on different government agencies under the Biden administration to implement new approaches in response to…

Bitcoin hodlers sit on record 8M BTC in unrealized loss, data shows
Bitcoin (BTC) is beating records this Christmas as sub-$17,000 price action sparks unrivaled pain for hodlers.Data from on-chain analytics firm Glassnode shows that both short-term and long-term investors are sitting on more losses than ever before.New or old, Bitcoin hodlers nurse serious lossesSince the FTX meltdown sent crypto markets tumbling, BTC/USD has failed to recover.…