An executive at Goldman Sachs is joining Coinbase after 16 years at the global investment bank. “It’s time to embrace the crypto economy,” he said, adding that the change is a “once in a lifetime opportunity to be part of building the next stage of the digital evolution.” From Goldman Sachs to Coinbase Roger Bartlett […]

If a new investor stumbled across a token called Shiba Tron [SHIBT], they might imagine that it was the perfect lovechild of its viral parents – SHIB and TRX. However, that’s far from being the case and traders need to know their facts before they decide to invest in this shiny new memecoin. Why you […]

After Ukraine’s central bank imposed a limit on cash withdrawals, Kuna, a cryptocurrency exchange that provides trades in ruble and hryvnia saw a notable surge in volume. Moreover, to this day, crypto-assets being swapped on Kuna such as bitcoin, tether, and ethereum are trading for a significant premium. Crypto in Ukraine Sees Premiums The ongoing […]

Pantera Capital believes Bitcoin could rally higher soon thanks to the consequences of the Fed policies and the taxation policies as we can see more today in our latest bitcoin news. Despite the many turbulences in the crypto market, Pantera Capital believes tht Bitcoin could soon rally higher in the next few weeks. According to […]

Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels, they claim. Bitcoin Mining Allegedly Less Green Since Miners’ Exodus From China Cryptocurrency mining has become a […]

Despite the recent turbulence in the cryptocurrency market, Hedge fund Pantera Capital predicted a surge in bitcoin’s price in the coming weeks. Tax Day Could Propel Bitcoin’s Rally In its report, titled “The Next Mega-Trade,” Pantera Capital pointed out the various reasons why bitcoin (BTC) could resume its bull run soon. One of them being the approaching “Tax Day,” which is on April 18th, 2022. The company reminded that during the previous bull runs of 2013, 2017, 2020, and 2021, bitcoin’s price soared significantly 35 days prior to the event. However, the crypto only incurred losses around that time as investors were selling their holdings to cover their taxes. “That makes some sense. A lot of crypto traders are new to investing. You can imagine a person buying as much bitcoin as they can. Since they’re “all-in” on crypto, the only way to raise cash to pay their tax bill is to sell some crypto. Prices fall leading up to Tax Day,” the report noted. Crypto Could Emerge as a Separate Niche Subsequently, Pantera Capital also believes that crypto industry will emerge as a separate niche on its own, meaning, it will be cut off from traditional financial markets and start trading independently “And so we think over the next number of weeks, crypto is basically going to decouple from traditional markets and begin to trade on its own again,” the Pantera report read. In 2013, Pantera launched the first cryptocurrency fund in the U.S.The same year, the company also launched the first blockchain-only dedicated venture capital fund. Founded in 2003, the firm currently has $4.6 billion in assets under management and has been involved in 95 venture investments.

The post Bitcoin Will Rally Soon, According to Pantera Capital appeared first on Cryptoknowmics-Crypto News and Media Platform.

Ukraine's official Twitter account posted several requests for cryptocurrency donations on Saturday in the form of bitcoin, ether and USDT. 

The post Ukraine’s official Twitter account posts pleas for crypto donations amid Russian invasion appeared first on The Block.

The European Parliament will not hold a planned vote on crypto regulations after texts that can be interpreted as an attempt to ban coins with energy-intensive mining sparked negative reactions. The lawmaker leading the legislative effort says the matter needs clarification before MEPs can have a say, but the head of the ECB has insisted […]

The ongoing feud between the Securities and Exchange Commission and the fintech firm, Ripple continues to make headlines. On 25 February, the SEC filed its opposition to Brad Garlinghouse’s Motion to Compel turnover of notes taken by Matthew Estabrook, counsel to former Commissioner Roisman. It had insights into a 2018 meeting between Roisman and Garlinghouse. […]

The Nasdaq-listed cryptocurrency exchange Coinbase says the number of monthly transacting users on its platform rose to 11.4 million at the end of 2021, which was more than four times the previous year. In addition, Coinbase’s trading volume grew more than 8.5 times from the previous year, and the number of verified users has risen […]

The South African Treasury says it expects the amendments to the country’s financial laws — that will see crypto asset service providers being included as accountable institutions — to be finalized in 2022. Aligning Local Laws With FATF Standards The South African Treasury has said it expects the proposals to include crypto asset service providers […]

The Supreme Court of India on Friday sought clarity from the central government on the legal status of Bitcoin in the country. Earlier this month, the finance minister had declared a 30% tax on crypto gains in the annual financial budget. However, finance minister Nirmala Sitharaman clarified that taxing cryptocurrencies does not give them legal […]