Welcome to another market overview for the S&P 500, Bitcoin and other cryptocurrencies. Last but not least, we will also look at the development of precious metals, which in recent weeks reflect the considerable interest of central banks in purchasing commodities as an opportunity to cut off state reserves and currency from the US dollar. … Read more
The Bitcoin community, led by institutions, banks and cryptocurrency experts, believe that a bullrun is coming in 2024. But it can also be completely different. On your own Erich’s YouTube channel Erik explains the four-year cycle from the perspective of November 28th. This date states as a turning point for changing cycles, which has 4 … Read more
Of the fifteen strongest virtual currencies, none has strengthened as much as solana since January. While one digital “coin” with the abbreviation SOL cost ten dollars in January, it is currently around $56. And this has resulted in a price drop from $67, this year’s high. Similar to bitcoin or ether, solana also hit its … Read more
Fears of Binance founder escaping Zhao, who resigned as CEO of Binance as part of a plea deal, theoretically faces up to 10 years in prison, but is expected to get no more than 18 months in prison. He also agreed to pay a fine of $50 million. Cryptocurrency trading volumes on the US “Binance” … Read more
Raiffeisenbank in the Czech Republic is canceling the accounts of entrepreneurs with cryptocurrencies, but its Austrian relative perceives digital currencies in a completely different light. In January, clients of the Viennese branch of one of the regional banks, Raiffeisenlandesbank, which jointly owns the Czech mother Raiffeisenbank, will see offers for trading bitcoin and crypto directly … Read more
However, the market with bitcoin – and of course with other cryptocurrencies – is expecting a challenging week, when a number of events and announcements could affect the development of the rate. “On Tuesday, Nvidia also reports its latest results. This company has become a model of the revolution in artificial intelligence. Cryptocurrencies are likely … Read more
The court ruled after a five-week trial, and Bankman-Fried now faces up to 110 years behind bars. Judgment will be announced at a later date. In a federal lawsuit, some of his closest associates testified that he was primarily responsible for all the decisions that led to the disappearance of eight billion dollars from the … Read more
AFP/ Ferrari, cryptocurrencies, America Car company Ferrari has begun accepting cryptocurrency payments for the purchase of its luxury sports cars in America. The company is scheduled to expand this policy to include customers in Europe after receiving requests in this regard from its wealthy customers. Ferrari’s head of marketing and trading, Enerco Galliera, told Reuters … Read more
“Crypto-assets are not yet anchored in Czech legislation, and therefore you will not find a special treatment of their taxation even in the Income Tax Act. This may tempt them to not give it at all. But be careful, this is income like any other that is subject to taxation,” pointed out Marcela Lonková from … Read more
PayPal has been flirting with cryptocurrencies since 2020, allowing its users to buy, sell, and make payments using several tokens, including, for example, Bitcoin. It is actively entering the world of cryptocurrencies only now, when it launches its own stablecoin. Stablecoin is quite different from classic cryptocurrencies such as Bitcoin or Ethereum. It is tied … Read more