Crypto Currency

Mt. Gox Delays Repayments Until Next Year While Holding $4 Billion Bitcoin

Mt. Gox, one of the earliest cryptocurrency exchanges, has postponed repayments to its creditors by another year. The defunct Bitcoin exchange announced on Monday that the new deadline for repayments is October 31 next year. The update came just days before the previous deadline of October 31 this year.Creditors began receiving repayments in December 2023…

Published 2 hours ago in
Mt. Gox Delays Repayments Until Next Year While Holding $4 Billion Bitcoin

Mt. Gox, one of the earliest cryptocurrency exchanges, has
postponed repayments to its creditors by another year. The defunct Bitcoin
exchange announced on Monday that the new deadline for repayments is October 31
next year. The update came just days before the previous deadline of October 31
this year.Creditors began
receiving repayments in December 2023…
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Crypto Currency

What is 3Commas?

If you’ve been around the cryptocurrency space for a while, you may have definitely heard about 3Commas. The name refers to a renowned platform in the cryptocurrency market that offers The post What is 3Commas? appeared first on NFT Evening…

Published 9 minutes ago in
What is 3Commas?

If you’ve been around the cryptocurrency space for a while, you may have definitely heard about 3Commas. The name refers to a renowned platform in the cryptocurrency market that offers
The post What is 3Commas? appeared first on NFT Evening…
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Crypto Currency

JPMorgan Says Bitcoin Could Hit US$165K by Year-End

JPMorgan has raised its price outlook for Bitcoin, forecasting the cryptocurrency could reach US$165,000 (AU$249,082) by the close of 2025 due to its undervaluation relative to gold. The analysts, led by Nikolaos Panigirtzoglou, noted that Bitcoin’s volatility compared to gold has dropped to a ratio below 2.0…

Published 9 minutes ago in
JPMorgan Says Bitcoin Could Hit US$165K by Year-End

JPMorgan has raised its price outlook for Bitcoin, forecasting the cryptocurrency could reach US$165,000 (AU$249,082) by the close of 2025 due to its undervaluation relative to gold. The analysts, led by Nikolaos Panigirtzoglou, noted that Bitcoin’s volatility compared to gold has dropped to a ratio below 2.0…
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Crypto Currency

New York Lawmakers Push Tax on Bitcoin Miners Over Energy Use

New York legislators have unveiled a proposal to introduce a new tax on cryptocurrency mining operations, citing the industry’s high electricity consumption and its impact on household utility bills. Senator Liz Krueger and Assemblymember Anna Kelles introduced Senate Bill S8518, which seeks to levy an excise tax on proof-of-work miners across the state…

Published 9 minutes ago in
New York Lawmakers Push Tax on Bitcoin Miners Over Energy Use

New York legislators have unveiled a proposal to introduce a new tax on cryptocurrency mining operations, citing the industry’s high electricity consumption and its impact on household utility bills. Senator Liz Krueger and Assemblymember Anna Kelles introduced Senate Bill S8518, which seeks to levy an excise tax on proof-of-work miners across the state…
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Crypto Currency

JPMorgan to Let Institutions Use Bitcoin and Ether as Loan Collateral, Marking Major Wall Street Shift

JPMorgan is warming up to crypto. The company plans to let institutional clients use their Bitcoin and Ethereum as collateral for loans. That would be a big deal on its own, but it’s especially notable considering what CEO Jamie Dimon has said in the past. He once compared Bitcoin to a “pet rock”…

Published 2 hours ago in
JPMorgan to Let Institutions Use Bitcoin and Ether as Loan Collateral, Marking Major Wall Street Shift

JPMorgan is warming up to crypto. The company plans to let institutional clients use their Bitcoin and Ethereum as collateral for loans. That would be a big deal on its own, but it’s especially notable considering what CEO Jamie Dimon has said in the past. He once compared Bitcoin to a “pet rock”…
Read More

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