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Weekly News

Read more about the article Analysts say Bitcoin price “needed a breather” before chasing new highs

Analysts say Bitcoin price “needed a breather” before chasing new highs

  • Post author:admin
  • Post published:August 13, 2021
  • Post category:Weekly overview

Bitcoin price trades below $45,000 and analysts say the “almost uninterrupted run-up of the last two weeks” meant BTC was overdue for a slight correction. The high-flying optimism generated earlier…

Continue ReadingAnalysts say Bitcoin price “needed a breather” before chasing new highs
Read more about the article Australian crypto users will have access to tax reporting services through Crypto.com

Australian crypto users will have access to tax reporting services through Crypto.com

  • Post author:admin
  • Post published:August 13, 2021
  • Post category:Weekly overview

Crypto holders in the United States, Canada and now Australia can generate tax reports using the exchange. Cryptocurrency exchange Crypto.com has launched a free tax reporting service for users based…

Continue ReadingAustralian crypto users will have access to tax reporting services through Crypto.com
Read more about the article Poly Network hacker returns nearly all funds, refuses $500K white hat bounty

Poly Network hacker returns nearly all funds, refuses $500K white hat bounty

  • Post author:admin
  • Post published:August 13, 2021
  • Post category:Weekly overview

"The poly did offered a bounty, but I have never responded to them. Instead, I will send all of their money back," said the hacker. The hacker behind a $610…

Continue ReadingPoly Network hacker returns nearly all funds, refuses $500K white hat bounty
Read more about the article These 3 metrics suggest there’s still time for another ‘DeFi Summer’

These 3 metrics suggest there’s still time for another ‘DeFi Summer’

  • Post author:admin
  • Post published:August 13, 2021
  • Post category:Weekly overview

Soaring token values, a steady inflow of new users and a TVL approaching all-time highs are all signs that the DeFi sector is heating up. Decentralized finance (DeFi) has been…

Continue ReadingThese 3 metrics suggest there’s still time for another ‘DeFi Summer’
Read more about the article Crypto tax startup TaxBit raises $130M in funding round, now valued at $1.3B

Crypto tax startup TaxBit raises $130M in funding round, now valued at $1.3B

  • Post author:admin
  • Post published:August 13, 2021
  • Post category:Weekly overview

The company said some of the funds would be used to open new offices in the United States and the United Kingdom. Already classified as a unicorn startup, United States-based…

Continue ReadingCrypto tax startup TaxBit raises $130M in funding round, now valued at $1.3B
Read more about the article Is being late into Bitcoin about perspective?

Is being late into Bitcoin about perspective?

  • Post author:admin
  • Post published:August 13, 2021
  • Post category:Weekly overview

Bitcoin has increased more than 5,000,000% in price between its early days and its all-time price high, but are most of its big gains already done compared to other crypto…

Continue ReadingIs being late into Bitcoin about perspective?
Read more about the article Bitcoin bulls aim for $50K ahead of Friday’s $675M BTC options expiry

Bitcoin bulls aim for $50K ahead of Friday’s $675M BTC options expiry

  • Post author:admin
  • Post published:August 13, 2021
  • Post category:Weekly overview

$675 million in BTC options expire this Friday and derivatives data suggests that bulls are favored to increase their control of the market. On Friday, Aug. 13, a total of…

Continue ReadingBitcoin bulls aim for $50K ahead of Friday’s $675M BTC options expiry
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