Bitcoin Financial News
08.02 / 18:55
markets
Bitcoin
Bitcoin Price
Bitcoin begins correction after $45K rejection — Where can BTC price bounce next?
Bitcoin (BTC) gave back $2,500 of its newly-won gains during Feb. 8 as a long-awaited correction took center stage.
08.02 / 18:23
Ethereum
BTC
Digital
Bitcoin
Bitcoin (briefly) pushes past $45k as short liquidations surge; here’s what’s next
The cryptocurrency industry breathed a sigh of relief this week, as many digital assets including Bitcoin showed signs of recovery from a tumultuous January. All eyes are on the top coin for now, as it breached the important $45,000 resistance level a few hours ago, for the first time in over a month, after gaining a 5.2% valuation over the past day.
08.02 / 18:23
BTC
Target
Bitcoin
Bitcoin Cash could be heading back towards this liquidity pocket
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice
08.02 / 17:41
Blockchain
Ethereum
Provident
Bitcoin
accounting
Accounting Giant KPMG Invests in Bitcoin and Ethereum
Accounting firm KPMG is getting into cryptocurrencies. The firm announced in a press release on Feb. 7, 2021, that its Canada office had purchased Ethereum (ETHUSD) and Bitcoin (BTCUSD) for its corporate treasury. KPMG did not divulge the amount or figures related to its investment in cryptocurrencies.
08.02 / 17:29
Government
proof-of-work
Court
Bitcoin
Crypto Staking
settlement
No precedent: IRS court settlement doesn't clarify crypto staking taxes
In May 2021, a Nashville couple known as the Jarretts filed a lawsuit against the United States Internal Revenue Service (IRS) over taxes they had paid on unclaimed and unsold Tezos (XTZ) staking rewards. At the beginning of February,news broke that the lawsuit filed by the Jarretts had come to an end, resulting in the IRS issuing the couple a tax refund for $3,793.
08.02 / 16:37
Blockchain
Ethereum
Digital
Bitcoin
Opinions
Marketing or belief? Opinions divided as KPMG Canada’s treasury adds BTC & ETH
The race to integrate cryptocurrencies into the global banking network is real. The digital asset marketplace recently reclaimed or rather surpassed the $2 trillion mark. The sheer valuation was one of the reasons for the unprecedented traction. A report published by KPMG, one of the ‘Big Four’ accounting organizations had published a report to highlight the same.
08.02 / 15:51
Energy
Tax
Bitcoin
Crypto miners
New Taxes Await for Kazakhstan’s Beleaguered Bitcoin and Crypto Miners
The government of Kazakhstan has unveiled a package of measures aimed at further taxing the nation’s Bitcoin (BTC) and crypto mining sector. The measures will involve tax hikes on electricity, a crackdown on unregistered miners, a tax on mining hardware, and the introduction of VAT charges on mining-related equipment sales.
08.02 / 15:49
Adoption
Sport
Bitcoin
National
US national figure skating body adopts Bitcoin donations
The United States national governing body for the sport of figure skating, the U.S. Figure Skating, is the latest organization in the country to enable donations in cryptocurrencies like Bitcoin (BTC).
08.02 / 15:37
Ethereum
Twitter
Bitcoin
Mike Novogratz gives KPMG Canada a nod of approval as firm joins crypto community
KPMG’s Canada arm has made a cryptoasset allocation, putting bitcoin and ethereum into its corporate treasury and on its balance sheet.
08.02 / 15:21
business
Blockchain
Reddit
Bitcoin
Trader builds Bitcoin ‘buy the dip’ bot, outperforms DCA
While a bullish backdrop emerges in February, spare a thought for the traders trying to time the market. One savvy trader by the name of u/Samjhill on Reddit has built a trading tool that outperforms dollar-cost averaging (DCA) for buying Bitcoin (BTC).
08.02 / 14:55
Ethereum
Adoption
Gemini
Bitcoin
What's Behind the KPMG Bitcoin & Ethereum Hype?
The cryptoverse is hyped about the news that full-service Audit, Tax, and Advisory firm KPMG in Canada added the top two cryptoassets to its treasury. However, while the news is important for the space, it might help to keep in mind that the company in question is an independent KPMG affiliate, and the size of the investment has not been disclosed.
08.02 / 14:21
BTC
Bitcoin
MATIC looks very positive as it trades above a crucial former resistance level
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice
08.02 / 12:57
Adoption
Lightning Network
lightning
Bitcoin
network
bitcoin lightning
Bitcoin Lightning Network goes live on Cash App
Mobile payment service Cash App revealed that Lightning Network can now be used to transfer Bitcoin (BTC) through its app. With the new feature, its users can send their BTC to any Lightning or on-chain BTC address.
08.02 / 12:31
Blockchain
Ethereum
BTC
Bitcoin
Canadian Big 4 Auditing Firm KPMG Lists BTC and ETH to Balance Sheet
Multinational professional firm services and one of the Big four auditing firms, the Canadian distribution of KPMG, said it added Bitcoin and Ethereum to its corporate treasury.
08.02 / 12:31
08.02 / 12:01
business
Blockchain
Adoption
Bitcoin
Singapore saw 13x jump in crypto investments in 2021: KPMG
Singapore has seen a tenfold increase in crypto-related investments last year worth $1.48 billion, up from $110 million in 2020, according to KPMG's Pulse of Fintech report.
08.02 / 11:48
Forecast
MARKET
Kraken
Bitcoin
Brace for Green February, Kraken Tells Bitcoin Hodlers as BTC Tests USD 45K
Despite January being the historically worst performing month for bitcoin (BTC), the coin’s -19% return for the month this year “did not live up to expectations,” crypto exchange Kraken said. But if history is a guide, February should be better for BTC investors, with average returns of +17% for the month, they added.
08.02 / 11:31
cryptocurrency
cryptocurrency price today
Shiba Inu
Usd Coin
Bitcoin
Top cryptocurrency prices today: Bitcoin near $44,000; XRP, Shiba Inu, Ethereum zoom up to 20%
cryptocurrency market was trading higher on Tuesday on the back of strong volumes. Short term holders have made decent gains lately as the largest crypto token has zoomed more than 12 per cent since Friday. In the broader cryptocurrency market, prices of most tokens also rallied. Altcoins have outperformed behemoths over past trading sessions. Barring the dollar-pegged USD Coin, all other nine out of the top-10 digital tokens were trading with decent gains on Tuesday. Bitcoin rose to a four-week high, climbing for consecutive sessions lately, driven in part by the liquidation of some short positions that have accumulated in the virtual currency's recent three-month downtrend.
08.02 / 11:17
08.02 / 07:49
regulation
Bitcoin
Power
Crypto miners
Kazakhstan proposes power price hikes and taxes targeting crypto miners
The Kazakh government is considering a three-pronged proposal designed to make crypto miners pay much more for operating in the country, which could make Kazakhstan less attractive to the industry.
08.02 / 06:59
Sport
Bitcoin
ad
Crypto exchange FTX.US to give away Bitcoin as part of Super Bowl ad
Cryptocurrency exchange FTX.US will be giving away free Bitcoin as part of its upcoming advertising campaign at the Feb. 13 Super Bowl LVI.
popular questions about Bitcoin
What is Bitcoin and why is it relevant?
Bitcoin is a high-demand area that is in the spotlight. On our site, we regularly publish updates related to this subject.
Where can I find the latest updates on Bitcoin?
All recent news about Bitcoin can be found in the highlighted block. We publish information in a timely manner.
How can I verify the accuracy of information on Bitcoin?
We use verified data to ensure that the information about Bitcoin is well-supported and helpful for our readers.
