Tag: Virtual currency
Bitcoin’s Profitability: 97.9% Success Rate on 4,954 Days
Bitcoin has been proving its profitability over and over again since its inception, with a success rate of 97.9% on 4,954 trading days. This statistic, based on Glassnode data, showcases the consistent upward trend...
X Drops Bitcoin Emoji During Bitcoin Conference, Surprising Community
Social media platform X, previously known as Twitter, has surprised the crypto community by seemingly discontinuing its support for the Bitcoin emoji, also known as a hashmoji or hashflag. When users type #bitcoin on...
U.S. House Passes Crypto Illicit Finance Bill: Senate Rebuff Expected
The U.S. House of Representatives has passed a bill focused on investigating the illicit use of cryptocurrency in activities such as terrorism and money laundering. The bill, sponsored by Rep. Zach Nunn, aims to...
Capitalizing on U.S. Election Frenzy: Memecoin Creators Launch Thousands of New Tokens
The U.S. election has brought attention to bitcoin and the Polymarket betting platform, but it has also sparked a frenzy in the memecoin market. In the last 24 hours, thousands of election-themed tokens have...
Title: Mnuchin Blocked Trump’s Bitcoin Ban Attempt in 2020
Former Treasury Secretary Steven Mnuchin played a key role in blocking former President Donald Trump's attempt to ban Bitcoin in 2020. This revelation comes from Mike Brock, the CEO of TBD, a division of...
TON Launches Bitcoin Bridge: The Open Network’s Teleport Innovation – CoinJournal
The TON Foundation has announced an exciting new development for the Open Network in 2024. They are planning to launch a trustless bridge that will allow users to bring Bitcoin into the TON ecosystem...
Track Your Personal On-Chain Wallets with Coinbase’s New Web App
Coinbase has announced the launch of a new app that will allow users to easily track all of their on-chain wallets in one place. This move is part of the company's ongoing efforts to...
Repaying Mt. Gox Creditors with Bitcoin and Bitcoin Cash: A Guide
Mt. Gox, the once-dominant cryptocurrency exchange, has finally begun repaying its customers after almost a decade of waiting. This news brings closure to many users who have been eagerly anticipating the return of their...
Bitcoin Alert: Mt. Gox Initiates Repayments Through Exchange Transfer
Mt. Gox, the infamous Bitcoin exchange that collapsed in 2014, has begun the process of repaying its creditors. Recently, three wallets associated with Mt. Gox executed several transactions, including the transfer of a small...
New IRS Cryptocurrency Tax Rules Explained – CoinJournal
The IRS has recently introduced new tax reporting rules for cryptocurrency brokers, which are set to take effect in 2025. This framework requires crypto brokers, hosted wallet services, and digital asset outlets to file...
