Search Results for "profits"
Investors See Bitcoin as a Long-Term Investment, says Crypto Analyst
Despite the current price correction, on-chain analyst Willy Woo has revealed that Bitcoin’s velocity is higher than that of funds allocated for spending it.
Miller Opportunity Trust Says It Could Invest Up To $300 Million In Grayscale’s Bitcoin Trust
Miller Opportunity Trust plans to invest up to $300 million, or 15% of its net assets, into the Grayscale Bitcoin Trust.
Cryptocurrencies Added to the List of Top Threats to Investors by Texas Security Board
According to the latest Texas Investors Guide, Texas regulators have added cryptocurrencies to the list of top threats to investors. In an edition of the states Securities Board's “Texas Investor Guide: Strategies for Investing Wisely and Avoiding Financial Fraud,” the regulatory body included cryptocurrencies to the list of investments with potential red flags. The report described cryptocurrencies as extraordinarily volatile and challenging to grasp for people who are not professional traders.
Hedge Funds Were Net Short Bitcoin Futures Coming Into the Crash
According to the Block, hedge funds were inordinately short CME bitcoin futures compared to their peers the past week. So much so that net short positions among the hedge funds trading the product were at an all-time high the past two weeks.
Binance Delists FTX Tokens Due to Crypto Users' Lack of Understanding
Binance, the world’s largest crypto exchange by trading volume, has made a tough decision to delist all FTX leveraged tokens, citing that customers did not understand how the tokens work. The exchange intends to shut off withdrawals and deposits for the assets on March 31 at 8 a.m. UTC and to stop trading at 10 a.m. on the same day. The decision has sparked mixed reactions. Some users support the decision while others want the leveraged tokens to remain on the crypto exchange platform.
Crypto, Tax, and the IRS: The Good, The Bad, and The Downright Ugly
The IRS wants a piece of your crypto, and the agency is sending letters to thousands of taxpayers who may have failed to declare profits from crypto deals. Question is, is the IRS entitled to what it's asking for?
Bitcoin Trading Guide- Important Steps for Beginners
Bitcoin adoption and popularity are growing by the day. And as the price of Bitcoin continues to make significant moves, traders can make more profits and faster. Bitcoin trading mechanics are straightforward.
Bitcoin Whales Return To Exchanges Stifling BTC Relief Price Rally Above $19,500
The Bitcoin price surged out above $19,500 earlier today, recorded as high as $19,570 on major exchanges before dropping to $19,050 due to selling pressure from BTC whales.
Russian Cybercriminals Sanctioned by DoJ for Crypto Laundering Scam Generating More than $16.8M
TheDoJ has sanctioned two Russian nationals for their cybercrimes, where millions in cryptocurrency were accumulated through scamming and phishing schemes.
Australian Business Icon Dick Smith Threatens The Guardian With Lawsuit Over Bitcoin Scam Ads
Australian entrepreneur Dick Smith is threatening The Guardian with legal action after it hosted ads linked to fake news of Smith supporting a Bitcoin and crypto scam.
Bitcoin Futures on CME Breaches The $50,000 Resistance Level
Bitcoin futures on Chicago Mercantile Exchange briefly breached the $50,000 psychological level.
Crypto Market Recovers Slightly but Addresses Still in Loss
Despite the obvious cryptocurrency gains seen in the market today, the road to full recovery and profit-taking is still far.