Tag: crypotcurrency

Battles Of Dirty Money And Blockchain: How To Trace Stolen Crypto

Battles Of Dirty Money And Blockchain: How To Trace Stolen Crypto

Blockchain – I have watched as the amount defrauded in the crypto space has grown to more than $12 Billion and despite global efforts, 98% of cases going unsolved.

If Bitcoin Crashes Below $10,000 It’s All Over—Here’s Why

If Bitcoin Crashes Below $10,000 It’s All Over—Here’s Why

Bitcoin has declined sharply this week, losing over 5% in under 24 hours and causing traders to nervously eye the psychological $10,000 per bitcoin level.

Bitcoin Prices Climb To Their Highest In More Than A Year

Bitcoin Prices Climb To Their Highest In More Than A Year

Bitcoin prices rallied this morning, surpassing $12,000 and attaining their loftiest value since late last Summer. The cryptocurrency reached $12,198.17 around 10 a.m. EDT, after spending the last few weeks fluctuating primarily between $11,000 and $12,000, CoinDesk figures show. While bitcoin managed to rise above $12,000 today, we need more data before concluding that the digital currency…
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Bitcoin’s Hedge Fund Sharks Are Swimming With The Whales

Bitcoin’s Hedge Fund Sharks Are Swimming With The Whales

Bitcoin is doing that thing again. After a 50% slump in the cryptocurrency’s price to about $4,000 in mid-March, when Covid-19 panic was gripping the financial markets, it has bounced back to trade at about $11,200. Veteran crypto-watchers have seen this rapid shift from fear to greed many times before, and know it can have…
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EU Strikes Stimulus Deal; Bitcoin Price Rallies

EU Strikes Stimulus Deal; Bitcoin Price Rallies

Bitcoin – Last night, the European leaders agreed to pass a historic stimulus of €750 billion euros ($858 billion dollars). The recovery fund’s goal is to rebuild the EU economies ravaged by COVID-19. The European Commission plans to raise the money in the financial markets, rather than injecting new money into the system. Approximately half…
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Blockchain Could Be The Key To Making ESG Reporting More Meaningful

Blockchain Could Be The Key To Making ESG Reporting More Meaningful

Blockchain – Environmental, social, and governance (ESG) reporting initiatives continue to accelerate, with billions of dollars of investments announced on an ongoing basis.

Is This The Real Reason Bitcoin Suddenly Collapsed?

Is This The Real Reason Bitcoin Suddenly Collapsed?

Bitcoin crashed this week, collapsing by almost 15% over the last seven-days and dragging down the wider cryptocurrency market. The bitcoin price, which has had an incredible start to the year, had been hovering around $10,000 per bitcoin before moving sharply lower—diving just as global markets went into free fall due to the spreading coronavirus.…
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How A Single Apple Mac Hack Scored North Korean Spies $7 Million In Cryptocurrency

How A Single Apple Mac Hack Scored North Korean Spies $7 Million In Cryptocurrency

North Korean hackers are using legitimate-looking LinkedIn and Telegram profiles in order to target the cryptocurrency wallets of macOS users, cybersecurity experts at Chainalysis have warned. A report shown to Forbes ahead of publication on Tuesday revealed previously unknown details on a cryptocurrency exchange attack carried out by the Lazarus Group, a unit that the…
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Former Bitcoin Skeptic Sees The Price Hitting $100,000 By 2021 Before Soaring Even Higher—Here’s Why

Former Bitcoin Skeptic Sees The Price Hitting $100,000 By 2021 Before Soaring Even Higher—Here’s Why

Bitcoin and cryptocurrency has had a mixed year—fears over a regulatory crackdown have risen, though the bitcoin price has doubled over the last 12 months. The bitcoin price, which started the year at around $3,500 per bitcoin, soared to well over $10,000 this summer before crashing back to trade around $7,000 amid fears Facebook’s planned…
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The power of standards

The IRS has a new tax form out and wants to know about your cryptocurrency

Tax season is still months away, but the IRS will want to know about your cryptocurrency holdings. The IRS just released a new Schedule 1 for the 2019 tax season, spelling out the details on above-the-line deductions, including the tax break for student loan interest and health savings account contributions. Eagle-eyed taxpayers will notice that…
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