Although the Reserve Bank of India recently issued a new circular clarifying that digital assets are not outlawed in the country, the entity still believes they carry significant risks. As such, the RBI has taken its concerns to the government, asserted the bank’s governor – Shaktikanta Das. The world’s second-most populated nation has always had a complicated relationship with the cryptocurrency space. An RBI directive from 2018, which most people considered as an all-out...
Read More »Bitcoin Whales Unfazed by the Elon Musk-Induced Volatility And Keep Buying
Bitcoin whales seem not to care about Elon Musk’s comments on bitcoin anymore as they have continued accumulating significant portions of the asset. Such wallets have expanded their BTC holdings by roughly $2 billion since the market started dumping. Bitcoin Whales Keep Purchasing Bitcoin whales are typically described as wallets containing between 100 to 10,000 bitcoins. According to data from the analytics company Santiment, such addresses have been unfazed by the latest...
Read More »Bitcoin Cash Analysis: Risk of More Downsides Below $650
Bitcoin cash price is facing a strong resistance near the $720 level against the US Dollar. The price is now trading just below $700 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $730 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could extend its decline below $650 if it remains below the $750 resistance zone. Bitcoin cash price is struggling to recover above $700 against the US...
Read More »Le projet Bitcoin : comment est-il né, que permet-il?
Dans le cadre d’une série de tables rondes autour de la monnaie organisée par le collectif Prenez Place !, Pierre Noizat, fondateur de Paymium, Sébastien Gouspillou, président de Bigblock Datacenter, et l’économiste Assen Slim expliquent « le fonctionnement de Bitcoin, la problématique qu’il cherche à résoudre et ce qu’il ouvre comme perspective d’avenir ».
Read More »Cybersecurity Giant NortonLifeLock Will Add Ethereum (ETH) Mining Services
The antivirus company NortonLifeLock announced a new feature on its platform, named Norton Crypto. Its mission will be to enable customers to mine Ethereum in a safe and accessible way. Mining ETH In a recent announcement, the cybersecurity firm notified its nearly 13 million customers about a new service on its platform. Called Norton Crypto, it will provide a “safe and easy way” for consumers to mine one of the largest digital assets by market capitalization – ether (ETH)....
Read More »Canaan Creative CEO: China’s BTC Mining Ban Is the Wrong Move
In recent news, it was announced that China was initiating a crackdown on all bitcoin mining and related activity within its borders. Zhang Nangeng – the CEO of Canaan Creative, one of the largest mining companies in the world that happens to call China home – is now voicing his opposition to the move. Canaan Creative CEO Speaks Against a Mining Ban China has had a very up-and-down relationship with bitcoin and digital currencies in recent years. While the country...
Read More »Daymak Is Building an Electric Car That Can Mine Crypto While It Charges
Daymak – a Canadian electric vehicle manufacturer – is planning a new car that will allegedly mine bitcoin and cryptocurrencies while charging. The vehicle is already set for pre-order and will be available to customers beginning in the year 2023. Daymak Is Bringing Cars and Crypto Together The new model will be known as the Avvenire Spiritus and will be able to extract new units of currencies such as bitcoin and Dogecoin, the ever-popular meme currency which has...
Read More »Le livre blanc de Waltio, un outil essentiel pour comprendre la fiscalité des actifs numériques
Il n’existe pour le moment que peu de textes de lois relatifs à la fiscalité des actifs numériques. Les textes de référence sont les articles 150 VH bis et 1649 bis C du Code Général des Impôts. Néanmoins, la lecture de ces deux textes soulève plus de questions qu’elle n’amène de réponses. Lorsque le contribuable cherche des informations, il fait face à des sources éparses et parfois contradictoires. Mais Waltio et le cabinet ORWL Avocats...
Read More »Bullish for Bitcoin? Miners and Hodlers Refuse to Sell as Stablecoin Supply Ratio at Lowest
Bitcoin could be heading towards a significant price boost, at least according to several on-chain features. Miners have ceased disposing of their coins, and so have long-term hodlers. At the same time, the Stablecoin Supply Ratio has dropped substantially lately. Miners and Long-Term Holders Refuse to Sell Apart from being the backbone of the Bitcoin network, miners also have a notable role when it comes down to the price of the underlying asset. As previously reported by...
Read More »Apple Co-founder Steve Wozniak Loses Lawsuit over Bitcoin Scam against Youtube
The Apple co-founder filed a complaint in court stating that YouTube had been actively using his image to procure profits through ads displayed over a possibly fake Bitcoin giveaway.In a twisted turn of events, Apple co-founder Steve Wozniak embroiled in a lawsuit against video giant YouTube has lost the court battle over a fake Bitcoin giveaway and has been granted 30 days to review his preliminary filed complaint.The lawsuit revolved around Wozniak’s prominent image being used by YouTube to...
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