The country’s income tax authority is tracking investors making money amid the ongoing bitcoin price rally and is all set to demand taxes, two sources familiar with the matter told The Economic Times.
The average daily trading volume of Grayscale’s Bitcoin Investment Trust (GBTC) product grew over 165% in November compared to the previous month, market data shows.
The post GBTC reached its highest average daily trading volume since 2017 in November appeared first on The Block.
A new crypto outlook from Bloomberg suggests BTC could reach $50,000 in 2021, topping off a month of major institutional momentum for the asset.
Chinese e-commerce firm JD.Com says it’s become the first online platform to accept the nation’s central bank digital currency.
House Financial Services Chair Maxine Waters told President-elect Joe Biden to undo the OCC’s crypto guidance after he takes office next year.
MicroStrategy’s share prices have increased over 170% since the company first announced its interest in bitcoin in July.
The publicly traded business intelligence firm MicroStrategy has bought $50 million in bitcoin.
The post MicroStrategy discloses new $50 million bitcoin buy appeared first on The Block.
Donations in dai, USDC, and ether were sent to Coin Center via Gitcoin.
In this video The Block’s Director of Research Larry Cermak shares a comprehensive overview of stablecoins and why they will be a major driver in adoption in the next year.
This presentation was segmented into 6 parts:
- Growth in charts
- Market Structure
- User behavior
- Categorization
- Competing stablecoins
- Outlook
You can view the presentation below and download the slides directly here
A CBDC is a central bank digital currency, a new type of money governments are experimenting with that often has blockchain at its core.
