Bitcoin

Why Bitcoin Sailed Higher on Sunday

What happened All in all, cryptocurrencies had a good weekend, headed by the No. 1 crypto bellwether Bitcoin ( BTC 4.89% ). In mid-afternoon trading on Sunday, the token that launched thousands of other cryptos was up by nearly 5% across the previous 24 hours. That was on the back of several news items that were generally good for Bitcoin individually, and cryptocurrencies in general. So what Many investors are shedding the caution brought on by the war in Ukraine… Source link

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What’s Up With Bitcoin Stock To Flow

One of the most fascinating aspects of bitcoin is its historical meteoric price rise. Is bitcoin going to continue on this historical path or is growth going to slow, or even halt? The stock-to-flow (S2F) model, put forward by PlanB, suggests that bitcoin’s future price can be forecast quite precisely and that the price will continue a steady and impressive path upwards, with approximately tenfold returns every four years. The S2F model has attracted a lot of attention, and PlanB has… Source link

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Why Bitcoin Has No Competition

This article is the written version of a video presentation which can be viewed here: Bitcoin is outdated. Bitcoin is too slow. Bitcoin is too simple. Chances are you’ve heard one of these arguments, or maybe even made some of these claims yourself. With bitcoin sitting around $40,000 at the time of this video, many people feel as though they have missed the boat. “If I just could have gotten in at $10, $100, or even $1,000,” they think, “then I’d be set for life.” The truth, of… Source link

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81.79 ‘Sleeping Bitcoin’ From 2011 Worth $3.6M Moved for the First Time in Over a Decade – Bitcoin News

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

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How to Easily Prepare Your Crypto Taxes – Koinly Founder Robin Singh Explains – Interview Bitcoin News

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

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Bitcoin on track to see its highest weekly close of 2022

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

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Rio de Janeiro to accept Bitcoin for real estate taxes from 2023

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

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Bitcoin Is On FIRE – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

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

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