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Markets
A new report suggests that over 1/3 of Nigerians aged 18-60 are investing in and/or trading Bitcoin and various cryptocurrencies. The report revealed that, * Most investors are young, with the median age being 18.4 years old * Many are long-term investors due to the lowering value of Nigeria’
Bitcoin mining in Norway is 100% renewable and is a flourishing industry according to Arcane Research’s report. Hydropower is Norway's renewable energy source of choice which packs a mighty punch for a small European country as they contribute almost 1% of the global hash rate. By way
Last week, Microstrategy's CEO, Michael Saylor, addressed the company's shareholders with enthusiasm about the multibillion-dollar Bitcoin treasury strategy in the most recent investor letter released Thursday. “Our parallel strategy to acquire and hold bitcoin has been a tremendous success. We will continue to vigorously pursue both
News • Bitcoin • Apr 18, 2022
Last week, Microstrategy's CEO, Michael Saylor, addressed the company's shareholders with enthusiasm about the multibillion-dollar Bitcoin treasury strategy in the most recent investor letter released Thursday. “Our parallel strategy to acquire and hold bitcoin has been a tremendous success. We will continue to vigorously pursue both
News • Bitcoin • Apr 18, 2022
A new report suggests that over 1/3 of Nigerians aged 18-60 are investing in and/or trading Bitcoin and various cryptocurrencies. The report revealed that, * Most investors are young, with the median age being 18.4 years old * Many are long-term investors due to the lowering value of Nigeria’
News • Business • Apr 15, 2022
Bitcoin mining in Norway is 100% renewable and is a flourishing industry according to Arcane Research’s report. Hydropower is Norway's renewable energy source of choice which packs a mighty punch for a small European country as they contribute almost 1% of the global hash rate. By way
News • Bitcoin • Apr 05, 2022
According to a new guidance by the Securities and Exchange Commission, US companies that hold cryptocurrencies for their customers must now account for those assets as liabilities, and warn investors about the associated risk. This includes major players such as Coinbase, PayPal, Block (formerly known as Square), and Robinhood. In
News • Bitcoin • Apr 01, 2022
Starting on May 1st, Indonesia has plans to charge a value-added tax (VAT) on crypto transactions and capital gains taxes on income. The VAT rate is currently below 11% on most Indonesian goods and services, and capital gains are expected to be 0.1%, which is also the capital gains
News • Bitcoin • Apr 01, 2022
Core Scientific is the largest publicly-traded bitcoin mining company by hashrate, and just reported financials for 2021 that exceed analysts’ predictions. In the fiscal year ending on December 31st, 2021, Core Scientific’s total revenue increased 803% to $544.5 million. Analyst estimates were at $507.1 million, according to
News • Markets • Mar 30, 2022
The Japanese Virtual Currency Exchange Association (JVCEA), a self-regulatory body for the Japanese crypto sector, is working to release a “green list” of 18 widely accepted cryptocurrencies and digital assets by the end of the month, according to a local Japanese news agency, Nikkei Asia. Efforts to Simplify Processes and
News • Politics • Mar 23, 2022
According to the on-chain data pointed out by an analyst in a CryptoQuant post, Bitcoin reserves in exchanges have lost another 50k Bitcoin over the last week and could be a bullish indicator. The “all exchanges reserve” is an on-chain indicator that aggregates the total amount of Bitcoin stored on
News • Bitcoin • Mar 18, 2022