US House follows Senate in passing resolution to kill IRS DeFi broker rule
News

US House follows Senate in passing resolution to kill IRS DeFi broker rule

The US House of Representatives has voted in favor of nullifying a rule that would have required decentralized finance (DeFi) protocols to report to the Internal Revenue Service. On March 11, the House of Representatives voted 292 for and 132 against a motion to repeal the so-called IRS DeFi broker rule that aimed to expand existing IRS reporting requirements to…

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Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K
News

Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K

Bitcoin buyers who purchased around when it hit a $109,000 all-time peak in January are now panic-selling as the cryptocurrency declines, says onchain analytics firm Glassnode, which isn’t ruling out that Bitcoin could slide to $70,000. Glassnode said in a March 11 markets report that a recent sell-off by top buyers has driven “intense loss realization and a moderate capitulation…

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Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K
News

Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K

Bitcoin buyers who purchased around when it hit a $109,000 all-time peak in January are now panic-selling as the cryptocurrency declines, says onchain analytics firm Glassnode, which isn’t ruling out that Bitcoin could slide to $70,000. Glassnode said in a March 11 markets report that a recent sell-off by top buyers has driven “intense loss realization and a moderate capitulation…

Continue Reading

Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K
News

Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K

Bitcoin buyers who purchased around when it hit a $109,000 all-time peak in January are now panic-selling as the cryptocurrency declines, says onchain analytics firm Glassnode, which isn’t ruling out that Bitcoin could slide to $70,000. Glassnode said in a March 11 markets report that a recent sell-off by top buyers has driven “intense loss realization and a moderate capitulation…

Continue Reading

Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K
News

Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K

Bitcoin buyers who purchased around when it hit a $109,000 all-time peak in January are now panic-selling as the cryptocurrency declines, says onchain analytics firm Glassnode, which isn’t ruling out that Bitcoin could slide to $70,000. Glassnode said in a March 11 markets report that a recent sell-off by top buyers has driven “intense loss realization and a moderate capitulation…

Continue Reading

US House follows Senate in passing resolution to kill IRS DeFi broker rule
News

US House follows Senate in passing resolution to kill IRS DeFi broker rule

The US House of Representatives has voted in favor of nullifying a rule that would have required decentralized finance (DeFi) protocols to report to the Internal Revenue Service. On March 11, the House of Representatives voted 292 for and 132 against a motion to repeal the so-called IRS DeFi broker rule that aimed to expand existing IRS reporting requirements to…

Continue Reading

Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K
News

Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K

Bitcoin buyers who purchased around when it hit a $109,000 all-time peak in January are now panic-selling as the cryptocurrency declines, says onchain analytics firm Glassnode, which isn’t ruling out that Bitcoin could slide to $70,000. Glassnode said in a March 11 markets report that a recent sell-off by top buyers has driven “intense loss realization and a moderate capitulation…

Continue Reading

Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K
News

Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K

Bitcoin buyers who purchased around when it hit a $109,000 all-time peak in January are now panic-selling as the cryptocurrency declines, says onchain analytics firm Glassnode, which isn’t ruling out that Bitcoin could slide to $70,000. Glassnode said in a March 11 markets report that a recent sell-off by top buyers has driven “intense loss realization and a moderate capitulation…

Continue Reading

Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K
News

Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K

Bitcoin buyers who purchased around when it hit a $109,000 all-time peak in January are now panic-selling as the cryptocurrency declines, says onchain analytics firm Glassnode, which isn’t ruling out that Bitcoin could slide to $70,000. Glassnode said in a March 11 markets report that a recent sell-off by top buyers has driven “intense loss realization and a moderate capitulation…

Continue Reading

Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K
News

Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K

Bitcoin buyers who purchased around when it hit a $109,000 all-time peak in January are now panic-selling as the cryptocurrency declines, says onchain analytics firm Glassnode, which isn’t ruling out that Bitcoin could slide to $70,000. Glassnode said in a March 11 markets report that a recent sell-off by top buyers has driven “intense loss realization and a moderate capitulation…

Continue Reading