Bitcoin (BTC)’s 2023 rally continues, with the crypto now above $20,000 for the first time since the FTX crash in early November. The largest cryptocurrency by market cap started the week near the $17,000 mark after hovering around $16,000 since mid-December. Currently at $20,250, bitcoin has gained more than 20% in the first two weeks […]
A new report from American analytics firm Chainalysis has revealed that 2022 saw over $20 billion in cryptocurrency crimes. The data showed the massive increase in illegal cryptocurrency transactions occurring this past year, coinciding with 2022’s increase in crypto-related legal actions taken in 2022. The data continues by noting that the official number of $20.1 billion is a 40% […]
Cryptocurrencies are gaining popularity day by day. The ease of making payments and the sending and receiving of funds has been one of the reasons for this popularity. Every now and then we witness payment merchants collaborating with others to incorporate cryptocurrency payments. In one of the recent announcements, it has come to light that a […]
Huobi Global is currently facing a critical situation, in which the USDD stablecoin price continues to fall and loses its peg (depeg). According to research from data provider Kaiko, Justin Sun, who is the founder of Huobi Global, has lost 18 percent of its volume market share since 2020 and must rack his brains to […]
A total of 117 parties have expressed interest in purchasing one or more of FTX’s independently operated subsidiaries including FTX Japan, FTX Europe, LedgerX and Embed, according to court filings. The court filing was filed January 8 by Kevin Cofsky, a partner at Perella Weinberg, the investment bank that represents US FTX and its affiliated […]
Bitcoin (BTC) briefly managed to push past USD 17,000 (IDR 264.7 million) on Sunday, January 8, 2023 breaking through its recent price range to hit a three-week high. The largest cryptocurrency briefly hit USD 17,000 on Friday after data showing a slowdown in US services businesses was seen by traders in digital asset markets and […]
Welcome. This is what happens:Price: Bitcoin stopped above $ 17,000, indicating that it will come out in three weeks. Over the next week, traders will be watching for continued speculation involving Digital Currency Group, Tron, Huobi, and Solana. Insights: New news has fueled speculation about whether crypto exchange Binance could come under scrutiny for anti-money […]
The Bitcoin price is predicted to continue its correction throughout 2023 amid a number of sentiments such as the risk of recession and the easing of the global inflation rate. Traderindo.com Founder Wahyu Laksono explained that the price of Bitcoin has indeed been in a corrective trend throughout the past year. This is in line […]
The Commodity Futures Trading Supervisory Agency (Bappebti) revealed that the transaction value of crypto assets from January to November 2022 reached IDR 296.66 trillion, down compared to 2021 which amounted to IDR 859.4 trillion. “There is a decline of more than 50 percent,” said Acting Head of CoFTRA at the Ministry of Trade Didid Noordiatmoko […]
Indonesian Minister of Finance, Sri Mulyati managed to collect crypto tax revenue of $15,820,389 throughout 2022. For information, the taxation of crypto assets takes effect from May 1, 2022. The government considers that crypto assets are developing widely and becoming trading commodities, so they are worthy of being used as tax objects. Income tax applies […]