Berkshire Hathaway could face a sizable tax bill if the bull market resumes this year. Ever since a 15% corporate minimum tax was included in the Inflation Reduction Act in 2022, there has been uncert...
News
Juno Advises Users For Self-custody Citing Custodian Partner Issues
7 hours ago | 2 mins read Exchange News Juno recently tweeted that its custody partner has been having issues. Users were also advised to take precautions by moving their assets off the exchange. In l...
Dow Jones Rallies; Tesla Stock Fights Back, Elon Musk Jokes; WWE Stock Gorilla Presses Higher
The Dow Jones Industrial Average rallied on positive news Friday. Telsa (TSLA) managed to reverse higher after an early plunge. World Wrestling Entertainment (WWE) rocketed on the return of Vince McMa...
Huobi plans layoffs, sees outflows; SBF seeks to retain his Robinhood shares
The biggest news in the cryptoverse for Jan. 6 saw Huobi announce mass layoffs. Meanwhile, former FTX CEO Sam Bankman-Fried has insisted on controlling his shares of Robinhood. Plus, developments arou...
Winners, News And Notes Amid Vince McMahon’s Return
Vince McMahon has returned to the WWE Board of Directors. Credit: WWE.com WWE SmackDown emanated from Memphis, Tenn. but that’s hardly the biggest story of the day, let alone the young year. Vince McM...
Traders Are at Odds as the BTC Price Remains Stuck at $17,000
Join Our Telegram channel to stay up to date on breaking news coverage Traders Are Relentless as Bitcoin Price Remains Stuck at $17,000– January 6, 2022 The BTC/USD exchange rate is consolidating abov...
Why Balancer is in Trouble? LPs Withdraw Funds From 5 Pools
Blue-chip DeFi protocol Balancer has issued a statement on Twitter and has warned certain pools’ liquidity providers to withdraw funds. Users of five liquidity pools are advised to withdraw all of the...
Decoding if Cardano whales will remain vital to ADA’s play in 2023
Top Cardano whales invested in buying 217.2 million ADA a few days into the new year. Long-term holders still had their assets in red despite ADA’s resistance. While the broader crypto market adhered ...
AVAX Value Drops By 2% Following Grayscale Removal of Avalanche From Large Cap Fund
In its latest quarterly update, Grayscale announced the rebalancing of funds for the fourth quarter of 2022. As part of the rebalancing, Grayscale sold off a certain amount of its Digital Large Cap Fu...
BTC price forms new support at $16.8K as Bitcoin lures ‘mega whales’
Bitcoin (BTC) could be busy forming fundamental support in its current tight trading range, the latest research suggests. In a tweet on Jan. 6, trading platform Trend Rider noticed that $16,800 is bec...
Crypto Bank Silvergate Shares Plunge 46% After $8.1B Withdrawal in Q4 Prompts 200 Job Cuts
The bank has also halted its plans to launch a digital currency and has written off the $196 million related to its acquisition of the technology and assets of Diem Association from Facebook parent Me...
Dormant Bitcoin Whale Suddenly Moves $250 Million, Here Are Potential Reasons
Arman Shirinyan Whale address that has been quiet for long time suddenly awakens while BTC is anemic An old Bitcoin wallet that has not been active for almost four years suddenly moved around $250 mil...
CZ Proclaims Bianance Surge Is Due to BTC ‘Zero’ Trading Fee
Changpeng Zhao tweets about the surge experienced by Binance. Zhao credited the surge on BTC’s trading fee in the largest crypto exchange. Arcane Research observed that Binance’s market share of BTC’s...
Cardano gains 12% in a week as whales wake up
Cardano, currently the ninth most valuable cryptocurrency in the world, has shown some price activity once again, gaining more than 12% in the previous seven days despite the general market drop. ADA ...
Osmosis Price Prediction Indicates Positive Move Until $1.0 in January, if BTC Sustain $17K
Osmosis (OSMO) coin price hit 10 days high but failed to sustain. OSMO price is struggling at the 20 day moving average. Vital support and resistance are $0.68 and $1.0. The Osmosis (OSMO) price found...
U.S. Unemployment Rate Plummets to 3.5% in December
7 hours ago | 2 mins read Bitcoin News The 3.5% rate reported in the official report was lower than expected (3.7%). The data revealed that median hourly wages increased by 0.30 percent last month. Th...
Poolin Bitcoin mining hash rate share falls by 94% from ATH
China-based Bitcoin mining pool, Poolin, registers a record decline in hash rate share to 1% from its all-time high of 18% – a 94% decline, according to data from Glassnode. Source: Glassnode Poolin c...
U.S. Judge Issues Detention Order for Mango Markets Attacker
A U.S. District Court for the District of Puerto Rico has issued a detention order for Mango Markets attacker Avraham Eisenberg. In a court filing, Magistrate Judge Bruce McGiverin deemed it necessar...
AbbVie cuts earnings forecast due to milestone payments
AbbVie Inc. executives lowered their outlook for the quarter and year in a filing with the Securities and Exchange Commission late Friday, which cited research and development expenses and milestone p...
UK Tax Deadline Could Affect You, Here’s How
One of America’s most famous and enduring idioms came from the founding father, Benjamin Franklin. Whilst ruminating on his new country’s constitution, he hoped it would be durable. “But, in this worl...
Turning 72 or 73 this year? Here’s what to do about your required minimum distributions
Anyone turning 72 years old in 2023 is getting a birthday present from Congress – one more year to push back their required minimum distributions from their retirement accounts. As part of the Secure...
What happened to decentralized platforms for sharing adult content?
Join Our Telegram channel to stay up to date on breaking news coverage There was a point when a sizable portion of individuals had a very positive outlook on the Web3 Adult Industry and many would con...
Licensing Is Now Mandatory For Crypto Firms: Bank Of France
After a lawmaker proposed harmonizing the country’s legislation with incoming EU regulation, France may compel crypto companies to obtain a full license to operate in the country. As of now, the regu...
ApeCoin Price Analysis & Prediction (Jan 6th) – APE Signals Short-Term Bullish Following a Channel Breakout, Will This Momentum Last?
The latest surge in price has signaled a buy action for Apecoin following over 50% recovery of its value in the past weeks. It has started the week in a bullish mode, and more greens can be expected. ...
Crypto Is Here to Stay and ‘Becoming More Legitimate’ – Regulation Bitcoin News
A top Internal Revenue Service (IRS) official says, “Cryptocurrency is here to stay,” and “it’s becoming more legitimate.” The official added that the U.S. tax authority is looking to partner with cry...
Cardano (ADA) Leads Gains Among Top Coins, Is It Set To $0.50?
Cardano (ADA) is currently trading at $0.2752, with an increase of over 65% in its trading volume at $304.79 million. Its price change in 24 hours is +$0.006083 representing a 2.17% increase. Also, th...
Huobi confirms 20% layoffs, denies insolvency rumors
Huobi cryptocurrency exchange has confirmed plans to lay off 20% of its employees as part of the ongoing restructuring following Justin Sun’s acquisition of the firm. “The planned layoff ratio is abou...