The National Development and Reform Commission spokesperson Meng Wei blasted bitcoin mining during a press conference Tuesday in Beijing. She said that activity “consumes lots of energy” and “produces lots of carbon emissions.” Meng said that the NDRC — the country’s top economic planner — will launch a “full-scale” clampdown […]
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Exness Signup
Exness is one of the largest and best known Forex trading platforms providing traders with good liquidity and security. It is one of the best forex trading websites where you can get economic benefits from currency exchange. Read on to find out how to sign up with Exness, create […]
Bitcoin closes in on record above $66K, leads cryptocurrencies on fresh bull run
Bitcoin (BTC-USD) embarked on another bull run on Monday, leaping a 9% since Sunday night, with investors piling into the booming cryptocurrency trade. In early Monday trading, the largest cryptocurrency gave back some of those gains, but was still within shouting distance of $66,080, close to its historic peak set […]
BTC, ETH, BNB, ADA, SOL, XRP, DOT, SHIB, DOGE, AVAX
Bitcoin (BTC) is close to making a new all-time high and Ether (ETH) finally soared to hit a new high at $4,800. This pushed the total crypto market capitalization above $3 trillion for the first time ever on Nov. 8, according to data from CoinGecko. Data from Santiment shows that […]
Interview: Discussing Panama’s Crypto Bill With Its Architects
What’s the first thing that comes to mind when you hear the word “Panama?” The Panama Canal? Please don’t say Van Halen’s catchy ode to nothing resembling actual Panama. Having gone there for the first time this September, my eyes were opened to the beauty of the people and their […]
Bitcoin and Other Cryptos Are Near Records, but Tougher Tax Rules Are Coming
Text size The cryptocurrency tax-reporting changes could take effect at the start of 2023. Dreamstime Cryptocurrency investors and recipients may soon have to report more transactions to the Internal Revenue Service. The infrastructure package that Congress passed last week includes a variety of new tax-reporting requirements that could affect how […]
Bitcoin price surges to record high of more than $68,000 | Bitcoin
The bitcoin price has reached a new record high, breaking through $68,000 (£50,000), and analysts predict that the world’s best-known cryptocurrency will rise further in the coming weeks. This beats the previous record high set in late October, when bitcoin reached nearly $67,700 before falling back again when investors discovered […]
Controversial Bitcoin tax provision passes Congress with infrastructure bill
On Friday, Congress passed the $1.2 trillion infrastructure package, sending the legislation to President Joe Biden for his signature. But while the measure makes historic investments in roads and bridges, it also maintains a controversial new cryptocurrency tax reporting requirement that the Treasury Department could apply to miners. Biden’s Infrastructure […]