Bitcoin – Rayrice Forex News

South Korea Seizes $184 Million in Crypto Assets from Tax Dodgers, Reports Revealed – Taxes Bitcoin News

South Korea’s government has seized $184 million worth of cryptocurrency in tax arrears over two years, local media reported. Seoul authorities will begin confiscating virtual assets from people accused of tax evasion in 2021. About 260 billion in Crypto has been seized in South Korea for tax evasion. The amount of crypto assets from South … Read more

Working Group to Develop Efficiency Level for Crypto Mining in Russia – Mining Bitcoin News

Crypto industry experts have formed a working group to develop energy-efficient and profitable cryptocurrency mining standards in Russia. The rules will aim to help developers and data center operators deliver more hardware uptime to investors. Russia is set to improve the efficiency of its mining facilities by 2023. A group of crypto specialists have come … Read more

Crypto lending now pays less than safe US government debt

Cryptocurrencies are facing a new threat: the lure of Treasuries offering the same payoff for less overall risk. Cryptocurrencies are facing a new threat: the lure of Treasuries offering the same payoff for less overall risk. In a rare reversal, the crypto yield typically sought by institutions fell below what the US government would pay … Read more

Korean Regulator Takes Action Against 16 Foreign Crypto Exchanges – Regulation Bitcoin News

South Korea’s Financial Intelligence Unit is cracking down on 16 foreign currency cryptocurrency exchanges operating illegally in the country. “Illegal business activities by unregistered entities may result in a maximum of 5 years in prison or a fine of up to KRW 50 million,” the regulator said. 16 was suggested by the South Korean inspector … Read more

Loss of crypto lender Celsius destroys customers

An Irishman is in danger of losing his farm. An American with suicidal thoughts. 84-year-old widow loses life savings: People caught up in crypto lender Celsius’ meltdown are begging for their money back. Hundreds of letters have been submitted to the judge overseeing the company’s multibillion-dollar bankruptcy and are heavy with anger, shame, despair and … Read more

Binance Wash trading is behind the massive increase in bitcoin, incentives are being eliminated, says CZ

Source: Adobe / photopixel Elimination of some trading fees on the main crypto exchange Binance The increase in Friday’s trading volume is believed to have been due to a slowdown in prices. Binance CEO Changpeng Zhao (CZ) has now announced measures to combat the so-called laundry business. Specifically, the increase in volume occurred on the … Read more

Indy 500 drivers get the Creep crazy fuel they need for sponsorship

Indianapolis – If he wins one of the automotive crown jewels, Connor Dali will gladly accept the seven-figure payout for the Indianapolis Champions 500 and deposit American traditional cash directly into the bank. Oh, and bring in some digital dollars. “We have Bitcoin tokens in our contract, so we will win,” she said. Indicar Driver … Read more

Bitcoin struggles for less than $ 29,500 – Fast Daily View – FX Leaders

Bitcoin fell below $ 28,500 in support of the US dollar. BTC is falling and the support level could continue to fall to $ 27,500. Bitcoin It is falling and is approaching the core resistance level near $ 29,600. Prices are currently trading below the $ 29,000 level and the 100-hour simple moving average. With … Read more

For the first time since December 2020, Bitcoin has fallen below $ 27,000.

  Bitcoin is worth less than $ 30,000 as investors flee securities. Jap Aryan | NurPhoto | Getty Images Bitcoin For the first time in more than 16 months, cryptocurrency markets fell below $ 27,000 as fears extended due to rising inflation and a controversial stable coin project. Bitcoin’s price dropped to $ 26,595.52 on … Read more

Be[In]Crypto Video News Show: Bitcoin 401k and Retirement Accounts

In this Be[In]At the Crypto’s Video News Show, host Juliet Lima talks in detail about its use. Bitcoin In pension accounts. In particular, Fidelity Investments recently announced the launch of Bitcoin in 401ks. What is 401k? 401 stands for Section 401 IRS code, k while being a subset of that code. So it’s really section … Read more