Russian Duma Preparing New Legislation on Cryptocurrency Taxation
The bill encompasses all residents in the country including citizens and foreigners, as well as Russian and international enterprises established in the country.
An official announcement by the Russian State Duma has revealed that the Duma’s Committee on State Building and Legislation has approved a...
Mexican billionaire Ricardo Salinas Pliego adds #Bitcoin to his Twitter bio
Mexican billionaire Ricardo Salinas Pliego took a leaf from Elon Musk’s playbook and added the Bitcoin hashtag to his Twitter bio. His profile now reads “Mexican businessman #Bitcoin.”
Source: Ricard Salinas Pliego TwitterPliego revealed last year he holds 10 percent of his liquid assets in...
$1.7 billion in crypto liquidations occurred after Bitcoin dipped below $46,000
The market cleaned out overleveraged traders in a sudden move downwards yesterday before recovering in the afternoon hours on Monday.Altcoin traders lost over $1.7 billion in the past day as crypto markets took a hit on the back of high funding rates and overleveraged...
Bitcoin on Way of Becoming Trillion-Dollar Asset, Hits New ATH Above $49K
The Bitcoin price action on Sunday was most likely supported with fresh buying on Asian exchanges. However, BTC price has partially retraced from its ATH and found good support at $46K.On Sunday, February 14, Bitcoin turned out to be the real Valentine for all...
MicroStrategy is reportedly creating an enterprise software product focused on Bitcoin
Enterprise business analytics maker MicroStrategy is reportedly building a software product focused on corporate Bitcoin strategies, two recent job postings suggested. The firm had previously picked up over $1.5 billion worth of Bitcoin in 2020—and now spends significant efforts in evangelizing the rising asset...
Bitcoin flirts with $50,000 at the end of a lovely week
On Valentine’s Day, the crypto market was infatuated with Bitcoin (BTC) as the coin broke yet another all-time high, reaching roughly $49,530, according to metrics platform CoinGecko.
Bitcoin price chart. Image: CoinGeckoMeanwhile, the week leading to February 14 was also quite eventful all by itself,...
Morgan Stanley Unit Counterpoint Global May Go All Out for Bitcoin
The news about the Morgan Stanley Unit Counterpoint Global’s probable bet on Bitcoin has sent the price of the currency to a new all-time high.A unit of American multinational investment bank and financial services giant Morgan Stanley (NYSE: MS), known as Counterpoint Global is...
Report: Morgan Stanley’s $150 billion arm contemplates Bitcoin investment
Counterpoint Global, a $150 billion unit of multinational investment bank Morgan Stanley, is considering investing in Bitcoin (BTC), knowledgeable sources told Bloomberg today.
Morgan Stanley may bet on Bitcoin in $150 billion investment arm, Bloomberg is reporting.
In January, Morgan Stanley boosted stake in MicroStrategy to...
Bitcoin could “easily” reach $100,000 by 2022, says Anthony Scaramucci
Anthony Scaramucci, founder of $9.2 billion hedge fund SkyBridge Capital who also served (albeit briefly) as communications director in the Trump administration, said that Bitcoin (BTC) could “easily trade” at $100,000 within a year, Forbes reported today.“You’re going to be benchmarked off of Bitcoin,...
US Banks on Verge of Accepting Bitcoin as Legitimate Asset Class
A move by US banks to adopt Bitcoin could be a huge call to legitimize the entire crypto industry and is likely to influence other global banks. As the cryptocurrency market capitalization almost tops $1.5 trillion, US banks are feeling the pressure from within Wall...