Robert F. Kennedy Jr. – a democrat hopeful who’s thrown his hat into the 2024 presidential ring and who’s hoping to take the nomination from Joe Biden – has stated he wants to get rid of crypto capital gains taxes should he win the White House next November. Robert Kennedy Providing More Support for Crypto Kennedy has come out many times over the past several months and shared his ongoing thoughts regarding crypto, which he seems to greatly respect, but there is...
Read More »Bitcoin Price Analysis: BTC Recovery Faces Key Resistance
Bitcoin price started a recovery wave above the $26,500 resistance against the US Dollar. The price is now trading above $26,800 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $28,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $28,000 resistance zone. Bitcoin price is recovering above $26,500 against the US Dollar. BTC might extend its...
Read More »The SEC Sees Crypto Differently from Practically Everyone Else
The Securities and Exchange Commission (SEC) sees crypto in a very negative light. However, according to many analysts, the financial agency stands alone in its views, and everything it considers differs heavily from the thoughts and ideas of the rest of the world. The SEC is Very Crypto Strict One of the big things the SEC believes is crypto exchanges are like securities exchanges, and they must be treated and regulated as such. Gary Gensler – the man in charge...
Read More »“Easy Money,” New Anti-Crypto Book By Ben McKenzie, Available for Purchase
Ben McKenzie is an actor known for playing roles on “The O.C.” and “Gotham.” Recently, he published his new anti-crypto book “Easy Money.” Ben McKenzie Doesn’t Think Much of Crypto McKenzie is not a crypto fan; he makes that very clear in the book. Its pages contain long stories and examples of how the digital currency world has affected the world (and the people in it) negatively. When discussing how popular crypto has become amongst his peers in the world of...
Read More »Argo Blockchain Reduces Debt to $75M despite Poor Market Conditions
CoinspeakerArgo Blockchain Reduces Debt to $75M despite Poor Market Conditions Despite fears of bankruptcy in late 2022, Argo's 2023 mid-year results show a positive shift. Argo Blockchain Reduces Debt to $75M despite Poor Market Conditions
Read More »The U.S. is Tracking Bitcoin Transactions of Mexican Cartels
The Department of Homeland Security is working hard to bring down the activities of drug cartels that are either entering or doing business in the U.S. To do this, it’s striving to track all the crypto and bitcoin cartels use to engage in transactions. Cartels May Be Using Bitcoin Such cartels are trafficking several deadly drugs that ultimately make their way across the U.S.’s now non-existent border and wind up in the homes of Americans that become sick or dead...
Read More »JPMorgan: Next Year’s BTC Halving Could Be Rough on Miners
A new report issued by financial powerhouse JPMorgan says the next bitcoin halving – which is presently scheduled to occur in 2024 – could make the playing field very difficult for crypto miners. JPMorgan on the Next Bitcoin Halving The bitcoin halving tends to occur every four years. Each time it happens, two things take place. One, the leadup causes the bitcoin price to shoot higher like nobody’s business. Traders are super happy as they are now witnessing great...
Read More »Robinhood Emerges as Third-Largest Bitcoin Holder with $3B in BTC
CoinspeakerRobinhood Emerges as Third-Largest Bitcoin Holder with $3B in BTC The emergence of Robinhood as a key BTC holder signifies a potential shift in the digital asset ownership landscape. Robinhood Emerges as Third-Largest Bitcoin Holder with $3B in BTC
Read More »Biden Will, Allegedly, NOT Turn USD into a Digital Asset
Despite the spreading of such information online, it appears Joe Biden and the rest of the White House staff have no plans, currently, to convert the U.S. dollar (USD) into a digital asset. Biden Won’t Go the Crypto Route White House assistant press secretary Robyn Patterson explained in a recent interview: There are no plans to convert the U.S. dollar into a digital asset. The discussion about whether Biden would take such action goes back to the crypto executive...
Read More »Analysts: BlackRock Won’t Pave the Way for More BTC ETFs
BlackRock has submitted its new application for a bitcoin-based exchange-traded fund (ETF). After an initial send-back, the documentation is in, and the Securities and Exchange Commission (SEC) has confirmed that it’s reviewing the application. Many traders are waiting on the sidelines with their fingers crossed, hoping this is when the SEC gives a greenlight to bitcoin spot trading. BlackRock Won’t Help Much Despite the big move forward and all the anticipation...
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