A top trader who predicted the 2023 crypto breakout says Bitcoin (BTC) still has a lot more room to run to the upside. Pseudonymous analyst DonAlt tells his 473,500 Twitter followers that Bitcoin could soon surge by nearly 32% from its current value of $28,586. According to DonAlt, Bitcoin looks strong as BTC continues its …
Monthly archives: April 2023
Bitcoin Whale Movements Now Raising ‘Caution Flags,’ Says Crypto Analytics Firm Santiment
A leading crypto analytics firm is issuing an alert to Bitcoin (BTC) holders that the large whale transactions over the past month could be a cause for concern for investors of the king crypto. Santiment says that the five biggest Bitcoin transactions so far this year all occurred in March, with the largest BTC transfer …
More than 3600 Bitcoin ATMs went offline to record largest monthly decline
Contradicting the growing global Bitcoin (BTC) adoption rate, physical ATMs dedicated to fiat-crypto conversions are on the decline. In March alone, 3,627 crypto ATMs were removed from the network, bringing down the total ATMs to 33,727. In nearly a decade since the first Bitcoin ATM was launched on Oct. 29, 2013, the net change of …
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Tax Benefits for Bitcoin Businesses in Belarus Extended Until 2025
Tax exemptions for companies and individuals legally working with cryptocurrencies in Belarus will remain in place until Jan. 1, 2025. A new presidential decree extends the tax cuts introduced in 2018 when the executive power in Minsk legalized crypto activities such as mining and trading. Belarus to Maintain Its Crypto-Friendly Tax Regime for Another 2 …
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‘AI Tools Will Provide Very Interesting Enhancements for the Metaverse’ — Upland Co-Founder
According to Dirk Lueth, co-founder of the Upland Metaverse, the colonization of the metaverse by tech giants and the building of so-called “walled garden systems” is not sustainable. Lueth argues that instead of “locking users in,” the metaverse should usher in “a future where they are free to move between platforms and can easily take …
South Korean Court Denies Arrest Warrant for Terraform Co-Founder Daniel Shin
A court in South Korea has again denied the arrest warrant for Daniel Shin, a co-founder of Terraform Labs who is being investigated for fraud. Shin has been accused of illegally profiting from the sale of over $100 million worth of the luna cryptocurrency before it collapsed. Seoul Court Leaves Terraform Co-Founder at Large Citing …
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Billionaire Mike Novogratz Bullish on Bitcoin and Crypto Despite Industry Crackdown – Here’s Why
Galaxy Digital CEO Mike Novogratz believes that the US government is hostile towards the overall crypto industry. In a new Bloomberg interview, Novogratz says that the administration of US President Joe Biden “doesn’t like crypto.” According to Novogratz, the unraveling of FTX and its founder Sam Bankman-Fried is partly to blame for the hostile treatment …
Terra co-founder Daniel Shin’s arrest denied by court, citing low flight risk
A local court in South Korea denied the prosecutor’s request to issue an arrest warrant for Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin. This was the second attempt made by South Korean authorities to reign in Shin following the recent arrest of Do Kwon — Terra’s other co-founder. On March 23, Kwon …
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El Salvador removes all taxes related to tech innovation for economic growth
El Salvador, the first country to establish Bitcoin (BTC) as a legal tender, has decided to eliminate all taxes on technology innovations. The move runs parallel to establishing the National Bitcoin Office (ONBTC) of El Salvador, also known as “the Bitcoin office.“ When legalizing Bitcoin on Sept. 7, 2021, Salvadoran President Nayib Bukele saw the …
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Bitcoin Price Prediction for Today, March 31: BTC Price Remains Consistent around $28K
Bitcoin Is Approaching a Possible Breakout as BTC Price Remains Consistent around $28K – March 31, 2023 Since March 19, BTC/USD has fluctuated in a […] Go to Source
Analyst Predicts Burst to the Upside for Dogecoin, Says Top Memecoin Looks Primed To Have Its Moment
A closely followed crypto trader believes Dogecoin (DOGE) is about to draw the attention of crypto traders. Pseudonymous analyst Kaleo tells his 571,100 Twitter followers that DOGE chart looks primed for a burst to the upside. According to Kaleo, Dogecoin will likely not remain a laggard relative to other altcoins for long. “Still gonna ride …
Elon Musk requests dismissal of $258B Dogecoin lawsuit: Report
Elon Musk and his lawyers reportedly requested a United States judge to dismiss the $258 billion lawsuit filed by investors who alleged that he operated a pyramid scheme to promote the cryptocurrency Dogecoin (DOGE). According to an April 1 Reuters report, Elon Musk’s lawyers referred to the lawsuit filed by Dogecoin investors, as a “fanciful …
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Kraken sponsors F1 car with Bitcoin whitepaper
The vehicle will also feature numerous other pieces of exchange branding. 2 min read Updated: April 1, 2023 at 1:48 am Cover art/illustration via CryptoSlate Ad Crypto exchange Kraken has sponsored a Formula 1 (F1) sports car featuring a section of the Bitcoin whitepaper, as revealed on Twitter on March 31. Kraken logo is actually …
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Disney Reportedly Axing Metaverse Division Amidst Company Restructuring
The metaverse division of Disney has apparently fallen victim to the latest round of layoffs announced by the company. Per reports from the Wall Street Journal citing people “familiar with the situation,” the whole next-generation storytelling and consumer-experience unit, comprised of 50 people, has been axed — this being part of the 7,000 layoffs the …
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Matt Damon Shares Story Behind His Crypto Commercial
Famous Hollywood actor Matt Damon has revealed the story of how he became involved in creating a cryptocurrency commercial called “Fortune Favors the Brave” with Crypto.com. After the release of the crypto ad, Damon faced global criticism for his involvement in it. Matt Damon Talks About His Crypto Commercial Famous actor and producer Matt Damon …
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