New research indicates boomers make better crypto investors

As a millennial, it’s hard to say this, but boomers are doing crypto better. They are taking research methods used in the traditional markets and applying them to crypto projects, according to a new report from Bybit and consumer research company Toluna. The report says that 34% of boomers spend “a few days” doing due …

Sam Bankman-Fried denies moving funds from Alameda wallets

Sam Bankman-Fried, the former CEO of the now-defunct FTX exchange, has denied moving funds tied to Alameda wallets, days after he was released on a $250 million bond. On Dec. 30, Fried tweeted to his 1.1 million followers, denying any involvement in the movement of funds from Alameda wallets.  In response to the allegations that …

Sam Bankman-Fried denies moving Alameda funds in latest tweet

The former FTX CEO returned to Twitter to say that he can’t access those funds. 1 min read Updated: December 30, 2022 at 11:08 pm Cover art/illustration via CryptoSlate Sam Bankman-Fried, founder and former CEO of FTX, returned to Twitter on Dec. 30 after weeks of inactivity coinciding with his arrest. Bankman-Fried commented on a …

Valkyrie aims to rescue Grayscale’s Bitcoin Trust

The company has plans to improve upon the operation of GBTC. 2 min read Updated: December 30, 2022 at 10:21 pm Cover art/illustration via CryptoSlate Valkyrie Investments announced in a Dec. 28 statement that it has submitted a proposal to become the sponsor and manager of Grayscale’s Bitcoin Trust. Grayscale BTC (GBTC) is among the …

Italians to pay 26% crypto gains tax from 2023

Crypto trading gains are subject to the 26% Italian tax rate once they exceed 2,000 euros per tax period. 1 min read Updated: December 30, 2022 at 9:47 pm Cover art/illustration via CryptoSlate The Italian Parliament has approved the implementation of a 26% taxation on any crypto-oriented profits above €2,000 on Dec. 30.  This new …

2022 second-worst year ever for Bitcoin price – Arcane

Bitcoin price fell 65% in 2022 as opposed to the 73% decrease recorded in 2018.  2 min read Updated: December 30, 2022 at 8:01 pm Cover art/illustration via CryptoSlate Arcane Research’s 2022 year-end report cited that 2022 was the second-worst-performing year for Bitcoin (BTC), as the leading crypto saw a 65% decrease throughout the year, …

Pi Network warns against Huobi’s unauthorized Pi token listing

On Dec. 29, crypto exchange Huobi Global announced the listing of Pi, the native token of the Pi Network. In the 24 hours following the announcement, the Pi token price surged 461.3% from $44.03 to $232.97 at the time of writing, according to CoinGecko data. In addition, the token price reached an all-time high of …

Ault Alpha buys 50M shares of BitNile since September 2021

The 50 million in shares equates to a 13% stake in BitNile as of press time. 1 min read Updated: December 30, 2022 at 5:29 pm Cover art/illustration via CryptoSlate Diversified holding company BitNile announced that its related party Ault Alpha had purchased a total of 50 million shares of BitNile common stock since September …

Media Draws Attention to Sam Bankman-Fried’s 2 Visits While on House Arrest

After FTX co-founder Sam Bankman-Fried (SBF) was released on bail and traveled to his parent’s home in California, it has been reported that SBF was visited by the crypto advocate Tiffany Fong, and also the “Big Short” author Michael Lewis while he’s been on house arrest. Fong detailed she managed to interview SBF, while Lewis …

‘Ethereum Killers’ Managed to ‘Kill’ Themselves in 2022 Rather Than Beat the Smart Contract Economy’s Heavyweight Champ

At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as ‘Ethereum killers,’ would flip the second-largest crypto asset in terms of market capitalization in 2022. As 2022 comes to an end, statistics show that none of the so-called ‘Ethereum killers’ have surpassed the leading …

Crypto Is Inevitable Despite the Setbacks in a ‘Horrible, Horrible’ 2022, Says Top Analyst – Here’s Why

A widely followed crypto strategist says that digital assets are here to stay despite a tumultuous year filled with high-profile collapses. The anonymous host of InvestAnswers tells his 443,000 YouTube subscribers that crypto is an inevitability even if the industry had a rough 2022. Citing a report by Ryan Selkis, the CEO and founder of …

Top Crypto Analyst Goes Deep on Bitcoin (BTC), Calling for New All-Time Highs in 2024 After a 2023 Bottom

A widely followed crypto analyst is diving deep into Bitcoin (BTC), laying out a timeline for the king crypto’s next all-time high (ATH). Pseudonymous trader Rekt Capital gives their 330,800 followers a time window for BTC’s next peak. “According to the Four Year Cycle theory, a new BTC All Time High would occur at the soonest in …

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