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Weekly News

Read more about the article MicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2

MicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2

  • Post author:admin
  • Post published:July 30, 2021
  • Post category:Weekly overview

As of June 30, 2021 MicoStrategy held an approximated 105,085 BTC with a carrying value of $2.051 billion, at a total impairment loss of $689.6 million since acquisition of the…

Continue ReadingMicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2
Read more about the article Shanghai Man: Crypto recovers, disasters strike, and China’s crackdown moves to other sectors

Shanghai Man: Crypto recovers, disasters strike, and China’s crackdown moves to other sectors

  • Post author:admin
  • Post published:July 30, 2021
  • Post category:Weekly overview

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industrys most important news, including influential projects, changes in the regulatory landscape, and enterprise…

Continue ReadingShanghai Man: Crypto recovers, disasters strike, and China’s crackdown moves to other sectors
Read more about the article Bitcoin traders express mixed emotions about what’s next for BTC price

Bitcoin traders express mixed emotions about what’s next for BTC price

  • Post author:admin
  • Post published:July 30, 2021
  • Post category:Weekly overview

Bitcoin traders are at odds about where BTC price may head after it failed to flip the $40,000 level to support. The rumor that Amazon would accept cryptocurrency payments sparked…

Continue ReadingBitcoin traders express mixed emotions about what’s next for BTC price
Read more about the article Okcoin secures regulatory approval in Malta and the Netherlands

Okcoin secures regulatory approval in Malta and the Netherlands

  • Post author:admin
  • Post published:July 30, 2021
  • Post category:Weekly overview

CEO Hong Fang said Okcoin was focused on Europe as part of the firm's global growth plans. Cryptocurrency exchange Okcoin may soon be opening its doors wider to crypto traders…

Continue ReadingOkcoin secures regulatory approval in Malta and the Netherlands
Read more about the article Mining firm wants to help taxpayers avoid obligations by sending proceeds to IRAs

Mining firm wants to help taxpayers avoid obligations by sending proceeds to IRAs

  • Post author:admin
  • Post published:July 30, 2021
  • Post category:Weekly overview

The IRS has considered crypto mining revenue as part of taxable income since 2014. North American mining and hosting firm Compass Mining is offering a new tax avoidance method for…

Continue ReadingMining firm wants to help taxpayers avoid obligations by sending proceeds to IRAs
Read more about the article Bitcoin bulls control Friday’s $1.7B monthly options expiry

Bitcoin bulls control Friday’s $1.7B monthly options expiry

  • Post author:admin
  • Post published:July 30, 2021
  • Post category:Weekly overview

Bitcoin's surge above $40,000 boosted the bulls' advantage in this month's $1.7 billion options expiry. On Friday, July 30, a total of 42,850 Bitcoin (BTC) option contracts ($1.7 billion) are…

Continue ReadingBitcoin bulls control Friday’s $1.7B monthly options expiry
Read more about the article IMF intends to ‘ramp up’ digital currency monitoring

IMF intends to ‘ramp up’ digital currency monitoring

  • Post author:admin
  • Post published:July 30, 2021
  • Post category:Weekly overview

The fund will greatly expand to cover all aspects of digital currency while also working with related financial institutions. The International Monetary Fund, or IMF, plans to “step up” its…

Continue ReadingIMF intends to ‘ramp up’ digital currency monitoring
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