As bitcoin has increased more than 5% in value against the U.S. dollar during the last week, in less than seven days, the 19,000,000th bitcoin will be mined into existence. Meanwhile, on Sunday morning, 81.79 bitcoin worth $3.65 million today and created in 2011, moved for the first time since sitting idle for more than 11 years. ‘Sleeping Bitcoin’ That Sat for Over a Decade Moved on Sunday, Data Shows 14 Spends from 2011 Occurred This Year On Sunday, March 27, 2022, the price of… Source link

With the commencement of its recent bullish rally, Litecoin (LTC) finally traded above the 20/50/200 EMA while rising within an ascending channel (white). Meanwhile, the bulls kept testing the $126-resistance. A sustained close below the $126-mark could propel the alt to retest the $122-$123 zone before the bulls continue their buying spree. Any close below its 20 EMA (red) would lead to a patterned breakdown towards the $120-mark that coincided with its immediate trendline support (white,… Source link

Second-ranked cryptocurrency Ethereum appears to have found a short-term footing with the asset recording an increase in capital inflows.  Between March 20 and March 27, Ethereum’s market cap has gained about $31 billion, from $346.7 billion to $377.1 billion amid the anticipation around the Proof of Stake (PoS) upgrade. Ethereum market capitalisation in USD; LAsty 7 days. Source: CoinMarketCap.com Although the market will monitor if the recent gains will extend, Ethereum has… Source link

El Salvador’s El Zonte is now popularly known as “Bitcoin Beach,” for being the first town to use the cryptocurrency as a form of payment for services, products and salaries. Juan Carlos for NPR hide caption … Source link

Koinly is a tax solution for cryptocurrency investors and accountants. Anyone who owns multiple exchange accounts or wallets knows the pains when it comes to declaring taxes. Koinly was built to solve this very problem – by integrating with all major blockchains and exchanges Koinly reduces crypto tax reporting to a few minutes of work. Robin Singh is the Founder of Koinly. He recently joined the Bitcoin.com News Podcast to talk about the challenges crypto users face with regards to… Source link

Bitcoin (BTC) saw a fresh spike to near $45,000 overnight into March 27 as the weekend looked set to deliver a decisively bullish close.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Weekly close of key importance Data from Cointelegraph Markets Pro and TradingView showed BTC/USD grinding back to higher levels seen days previously after a rejection at just above the $45,000 mark. While still within its extended trading range with $46,000 as its ceiling, the pair was still firmly… Source link

The Brazilian city of Rio de Janeiro will officially start accepting Bitcoin (BTC) payments for taxes related to urban real estate within their city limits, a.k.a. Imposto sobre a propriedade predial e territorial urbana (IPTU). As reported by Cointelegraph Brazil, the new pro-crypto tax laws will be implemented from 2023, which was announced by the Secretary of Economic Development, Innovation and Simplification, Chicão Bulhões. Work from anywhere = Rio! Welcome @binance… Rio on… Source link

InvestorsObserver analysis gives Litecoin Cash a high risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver… Source link

The second half of March was relatively bullish for the markets, especially for Ethereum, with only two red daily candles. ETH started the rally when breaking above $2500 and then surged by 25%. Crossing the psychological resistance at $3,000 was an outstanding achievement for the bulls, marking a decent recovery of about 50% of the downtrend since reaching the all-time high. What’s next? The Daily Chart Technical Analysis by Grizzly After crossing the $3K milestone, ETH… Source link

What is FIRE? Financial Independence, Retire Early (FIRE) is a movement focused on extreme savings and investment with the aim of allowing people to retire much earlier than conventional strategies target. Extreme frugality is at the core of FIRE. Proponents aim to save significant amounts of their income — well over 50% in many cases. This is typically achieved through a disciplined focus on reducing expenses. Increasing income is encouraged, but acknowledged as less controllable than… Source link