Thu, September 3

Top Crypto Predictions for April 2023

Due to this year’s strong performance of the Bitcoin price, the total cryptocurrency market cap, excluding BTC, has underperformed. The technical indicators for the total crypto market cap are encouraging. TheNewsCrypto looks into some of the most important cryptocurrency predictions for April. Further, altcoins finally catch up to Bitcoin’s pace.

April 1, 2023 5 mins read

Justin Sun Bids to Purchase 41.5k BTC from the U.S. Government

Tron’s Co-founder, Justin Sun, offers a deal to purchase 41,500 BTC which is worth approximately 1.2 billion USD at a 10% discount. The United States government wants to liquidate the bitcoins in a series of four batches this year – forfeited in the Silk Road case.  As reported on March

April 1, 2023 1 min read

Center for AI Files Complaint to FTC Against ChatGPT Creator

In an effort to prevent potentially dangerous consumer access to advanced AI systems, the Center for Artificial Intelligence and Digital Policy (CAIDP) has filed a complaint with the United States Federal Trade Commission (FTC). The CAIDP filed a lawsuit on March 30 alleging that OpenAI’s newly published big language model,

March 31, 2023 1 min read

Denmark Supreme Court Mandates Taxation on Bitcoin Profits

The Denmark Supreme Court decided that bitcoin sales proceeds must be taxed as ordinary income. Investors and miners are both affected by the new law. The Højesteret, Denmark’s highest court and the last arbiter in civil and criminal matters, issued a ruling on March 30 mandating taxation on bitcoin gains.

March 30, 2023 1 min read

Boerse Stuttgart Digital’s Subsidiary Receives Crypto Custodian License by BaFin

The German Federal Financial Supervisory Authority (BaFin) issued the final license as a cryptocurrency custodian to Boerse Stuttgart Digital’s subsidiary, blocknox GmbH on Thursday. This comes at a time when the stock markets throughout the world have begun to recover. From the recent plunge caused by the downfall of major

March 30, 2023 1 min read

Crypto Exchange Beaxy Shuts Down Operations Post-SEC Charges

The cryptocurrency platform Beaxy and its management are facing accusations from the Securities and Exchange Commission (SEC). This is for allegedly failing to register as an exchange, broker, or clearing agency. The finance regulator has taken another step in its unprecedented onslaught on US cryptocurrency businesses. Beaxy Digital Ltd, was

March 30, 2023 2 mins read

Bitcoin (BTC) Eyes $37K Level as Price Crosses Over $29K

Despite recent US governmental crackdowns on crypto businesses and accompanying uncertainties, Bitcoin’s price temporarily surpassed $29,000 on March 30. Bitcoin hit $29,159, the highest price since before the FTX cryptocurrency exchange went down in early November 2022, according to CMC. Despite a number of regulatory crackdowns in recent days. Including

March 30, 2023 1 min read

New Bill Over Regulating Crypto Sector Submitted in Australian Parliament

A new law that would establish guidelines for the provision of crypto services in Australia has been submitted. The proposal has been submitted to the Australian Parliament. Digital Assets (Market Regulation) Bill 2023 was introduced by Senator Andrew Bragg as a private senators’ bill. This was with the stated purpose

March 29, 2023 1 min read

French Officials Raid 5 Prominent Banks Over $100B Alleged Fraud

An investigation into a €100 billion scam reportedly led French police to raid five large banks, according to a report from Deutsche Welle (DW) on Tuesday. The investigation was also linked to a possible money laundering case that involved the governments of Germany and France. The searches have been conducted

March 29, 2023 1 min read

Bitcoin Investors Take In Largest Net Profit Post-LUNA Crash?

Bitcoin’s current consolidation phase has conquered the prime attention of the crypto community. The dominant cryptocurrency laid out a neutral price channel between $26.5K to $28.5K since last week. Remarkably, analytical findings pointed out the increasing investors’ profit-taking and confidence in Bitcoin. In the above chart, the relative strength index

March 29, 2023 2 mins read