If the Ministry’s proposal is adopted, the reporting of crypto holdings and transactions will begin on January 1, 2023 The rule on reporting crypto holdings and transactions will only apply to taxpaye...
Tag: Forced
Companies forced to weigh in on privacy, health care
Pro-choice activists are seen outside of the US Supreme Court in Washington, DC on June 15, 2022. Mandel Ngan | AFP | Getty Images The challenges posed by the end of Roe v. Wade are only just beginnin...
Crypto Capitalist Arthur Hayes Issues Fresh Warning, Says Forced Selling Still a Threat to Bitcoin and Ethereum
Former BitMEX CEO Arthur Hayes says “pockets of forced selling” of Bitcoin (BTC) and Ethereum (ETH) could cause the crypto market to dip again in the near future. Hayes notes that Canada’s Purpose BTC...
Bitcoin miners forced to liquidate holdings by over 100% in May as profitability declines
Bitcoin miners are feeling the impact of the crypto market correction by resolving to sell their haul, moving away from the previous approach of ‘HODLing’ the asset. Due to the dropping profitability...
More ‘forced selling’ ahead? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow ever
Canada’s Purpose Bitcoin ETF (BTCC) witnessed its Bitcoin (BTC) holdings slashed by half in just one day, suggesting an alarmingly waning buying sentiment among the crypto’s most-experienc...
‘Expect pockets of forced BTC, ETH selling as market figures who’s swimming naked’
The crypto-market is finally at the end of much-needed relief after an intense sell-out period, or rather months. In the last 24 hours, Ethereum [ETH] rose by 14%, Bitcoin [BTC] rose by 11%, and the l...
Solend Users Vote For “Forced Takeover” Amidst Whale Liquidation Crisis
After voting for a “forced takeover” for a whale account, Solend users have revisited the ballots to decide that Sunday’s “Emergency Powers” plan must be invalidated. Extreme Measures – “Whale”...
Arthur Hayes Expecting More Forced Selling
Alex Dovbnya Bitcoin bulls may not be out of woods just yet, according to former BitMEX CEO Arthur Hayes Former BitMEX CEO Arthur Hayes has warned cryptocurrency investors that there might be more for...
Binance Reveals Incident That Forced It to Freeze BTC Withdrawals – Featured Bitcoin News
In a post-mortem issued shortly after it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several minor hardware failures on wallet consolidation” as the incident tha...
MicroStrategy may be forced to sell part of its BTC holdings or add more collateral
Software company MicroStrategy Incorporated (NASDAQ: MSTR) is facing a possible margin call as part of maintaining its Bitcoin-backed loan amid ongoing high market volatility. Notably, the company, wh...
Tennessee Bitcoin mine forced to shut down after settling lawsuit with residents
Despite the fact that cryptocurrencies are gaining traction and more people are jumping on the bandwagon, trying to earn income from trading or mining them, certain crypto mining operations are forced...
Bitcoin Miners Forced to Sell as Crypto Market Stagnates
Key Takeaways Bitcoin miners appear to be selling more coins amid the current market downturn. The value of Bitcoin earned by miners and sent to exchanges has hit its highest level in three months. Mi...
Big retailers might soon be forced to offer big discounts
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, May 19, 2022 Today’s newsletter is...
Crypto Exchange Coinbase Forced To Back Out of India as CEO Brian Armstrong Cites Pressure From Central Bank
Crypto exchange Coinbase is backing out of a move to bring its services to India citing heavy pressure from the nation’s central bank. In the latest earnings call, Coinbase CEO Brian Armstrong says th...
A Bitcoin margin call. If the world’s leading cryptocurrency drops below $21,000, Michael Saylor’s MicroStrategy will be forced to pay up
Michael Saylor is perhaps one of the most fervent supporters of Bitcoin on the planet—and that’s saying something, given the almost cultlike community behind the world’s leading cryptocurrency. Saylor...
Russia swerves default as Putin forced into dollar U-turn
Putin – Getty Images Russia appears to have dodged its first foreign debt default in a century after the Kremlin tapped domestic dollar reserves in a humiliating U-turn for Vladimir Putin. Inves...
Russian Tycoon Tinkov Says He Was Forced To Sell His Stake In Russian Bank After Criticizing Invasion Of Ukraine
Topline Russian tycoon Oleg Tinkov said he was forced by the Kremlin to sell his stake in Russia’s second-largest bank without any opportunity to negotiate, the New York Times reported on Sunday, afte...
Russian Oil Exports Are Forced on Longer Voyages to Find Buyers
(Bloomberg) — Russia’s crude oil exports, a key source of revenue for Vladimir Putin’s regime, are showing no signs that they are starting to crumble amid the disappearance of European buyers. M...
Russian Units Forced Back To Russia And Belarus To Reorganize And Resupply,’ U.K. Defense Ministry Says
Topline Russian units suffering “heavy losses” in Ukraine have been forced to return to Belarus and Russia to “reorganize and resupply” as logistical problems continue to plague Moscow’s offensive, th...
Binance Forced out of Ontario for Trading Unregistered Securities
Binance has informed Canadian regulators it will stop taking on new customers in Ontario and commit to cease trading for existing ones. The biggest exchange in the world by trading volume was forced t...
Disney Forced To Face Activist Shareholder Inquiring About China
Tourists at Shanghai Disneyland after its reopening on May 11, 2020 in Shanghai, China. (Photo by Hu … [+] Chengwei/Getty Images) Getty Images Disney tried to kill it, but the Securities and Exc...
Bitcoin ATMs Forced to Close After Being Declared Illegal
The Financial Conduct Authority (FCA) has told all crypto ATMs operating in the UK to shut up shop. The regulator also said that owners failing to comply with the order would face enforcement action. ...
Fake News Law Has Forced TikTok To Suspend Livestreaming In Russia
TikTok announced on Friday that it has halted live broadcasting and new material on its site while it considered the ramifications of a new fake news law signed by Russian President Vladimir Putin on ...
Convex Finance Forced to Redeploy Smart Contract Due to Vulnerability
Convex Finance was forced to unlock its vote locked CVX tokens after getting to know of a bug in the smart contract. According to the team, this was a non-critical bug that didn’t affect users’ funds ...
Convex Finance Forced to Abandon, Redeploy Contract Due to Bug
Key Takeaways Convex Finance, a dominant force in the so-called Curve Wars, has been alerted of a non-critical bug in one of its contracts. This prompted the team to unlock all tokens from the old con...
UC Berkeley Forced To Withhold 5,000 Acceptance Letters Following State Supreme Court Decision
Topline The University of California, Berkeley must withhold at least 5,100 acceptance letters for the fall 2022 semester after the state’s Supreme Court upheld a lower court decision Thursday that fo...
“We Will Be Forced To Comply” Crypto Exchanges Raise Warnings As Canada Blacklists Crypto
Most major cryptocurrencies traded negative for the week as Canada’s blacklisting of crypto wallets related to the trucker protest drew criticism from the community, while tensions between Russia and ...
Kraken CEO says the exchange will be forced to comply with crypto freezing in Canada
The protesting Canadian truckers have been forced to turn to Bitcoin (BTC/USD), and other cryptocurrencies as funding platforms such as GoFundMe sized their donations due to increased pressure from th...
“Plagiarism” and “wash trading” issues forced NFT marketplace to suspend sales
The foremost NFT platform, The Cent, has announced the suspension of sales of the blockchain-backed digital arts for the time being. The decision to stop most of its transactions was made after detai...
This may be the lifeboat for Shiba Inu short sellers being forced to liquidate
Sharing is caring. SHIB, at the time of writing, didn’t share the market sentiment though. While most altcoins were bleeding, Shiba Inu held its head high with a 4.39% hike over the last seven days. W...