The General Service Administration, a part of the US government, has successfully auctioned off 0.7501 bitcoins. Although the portion of sold BTC is not that impressive, what’s intriguing about this purchase is that the buyer paid a substantial 21% premium due to the high number of bidders. US Government Sells Bitcoin With a Premium The...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) I became an avid cyclist after the onset of COVID. I try to ride twice a week for 40...Read More
Just a month after openly endorsing TRON on Twitter, the American actress Lindsay Lohan has partnered with the Justin Sun-founded blockchain project. Moreover, she has delved even further into the ongoing NFT craze by creating her own collection, which will be released on the TRON network. TRON, the popular blockchain project founded by Justin Sun,...Read More
The US government sent another set of stimulus checks to its citizens following the most recent relief bill signed by President Joe Biden. Interestingly, two surveys asking people how they plan to utilize the funds indicated that about 10% will be allocated in cryptocurrencies. 10% of Americans to Put Stimulus in Crypto? Earlier this month,...Read More
There’s a not-so-subtle reminder for NFT maniacs in the United States amidst the ongoing frenzy – NFT purchases made with cryptocurrency capital gains attract taxes to the tune of 20%. Tax-free? Of Course Not … If you paid for a digital collectible with your BTC or ETH gains, then you need to think of the...Read More
We’re very pleased to announce the imminent launch of Bech32 deposits across the BitMEX platform, boosting efficiency and deepening our integration with the latest Bitcoin address format. In the coming weeks, we will begin to issue Bech32 addresses to all new BitMEX users and migrate current users to new addresses in phases as soon as...Read More
Renowned on-chain analyst and brainchild of the popular Bitcoin stock-to-flow model, ‘PlanB’, has posted an update to the model and some latest predictions on the current bull market. This is the fourth cycle since the asset’s inception in 2010 and one that could go much higher than current levels if history rhymes. Bitcoin has made...Read More
