First Mover Asia: Bitcoin Plunges to Mid-January Levels

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data ALSO: CoinDesk analyst Glenn Williams writes that despite the crypto market’s recent problems, bullish sentiment seems to be prevailing among holders of futures contracts.Publish at: March 10, 2023 at 02:26AM

Bitcoin Falls Below $20K as 2023 Rally Reverses

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data A hawkish Fed, the demise of crypto-friendly Silvergate Bank, and a possible government sale of Silk Road-related bitcoin have investors ample reason to sell.Publish at: March 10, 2023 at 01:07AM

Crypto Traders Suffer Over $300M of Losses in Liquidations Amid Market Crash

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The largest long liquidation in at least a month suggests that Thursday’s crash in crypto prices caught traders off-guard. Bitcoin traders suffered the most losses, some $112 million in the past 24 hours, while ether liquidations surpassed $73 million, per data from Coinglass.Publish at: March 09, 2023 at […]

What Happens If Ether Is a Security?

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data A recent suit filed by the New York Attorney general could have far-ranging complications for crypto exchanges that list ether and similar tokens.Publish at: March 09, 2023 at 11:32PM

U.S. Treasury Department Proposes 30% Excise Tax on Crypto Mining Firms

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data A provision in the department’s “Greenbook,” its list of tax proposals and explanations for U.S. President Joe Biden’s budget proposal, would create a phased-in excise tax based on the costs of the electricity used in crypto mining, imposed on the companies “using computing resources” to mine cryptocurrencies.Publish at: […]