It was a volatile weekend at for. On Friday night, it fell sharply to $37,425 (in accordance with the sharp fall in the US stock markets and in particular Friday afternoon’s ). However, it rebounded on Saturday and Sunday and topped out at just over $39,000 on Sunday. The highlight of the news was Warren […]
Russian federal government has submitted a draft law to the State Duma that introduces rules for taxation of transactions involving cryptocurrency. This bill will amend Russia’s tax code in order to address a variety of questions. One aspect of this is the value-added tax (VAT). The authors suggest that VAT be applied to services offered by platforms […]
Police have shut down Hydra, an established dark web hub for money laundering and drug sale, Officials from Germany’s Federal Criminal Police Office made the announcement Tuesday about Hydra’s demise. They released a press release stating that authorities had taken much of the site’s server infrastructure and 543 bitcoins. This is approximately $22.5 million. Authorities claim they have […]
Almonty Industries CEO Lewis Black spoke to Kitco News about the U.S. economy, inflation, and other topics in this interview. Almonty is a multinational mining company that focuses on tungsten exploration and mining. Black has more than 15 years of experience working in the tungsten mining sector. Black recently revealed that tungsten is used in batteries for […]
Bitcoin rose 8.8% on Wednesday to close at $41.9K. Evidently, the benchmark cryptocurrency had problems growing above $42K. We will see a strong reversal back to $39K on Thursday morning. Bitcoin fell 5.6% in 24 hours Ethereum – 4.8%. Other top altcoins are also falling from 1% (Terra), to 7.2% (Avalanche). CoinMarketCap reports that the total capitalization for the […]
