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Is $210,000 Bitcoin’s next high? Institutions think so

Advertisements What’s behind Bitcoin’s historic rise to $108,000? From Trump’s speech to ETFs and MicroStrategy’s massive buys, could a major institutional supply squeeze be underway? Bitcoin soars to new highs Bitcoin (BTC) has once again stolen the spotlight. On Dec. 17, BTC climbed to an all-time high of $108,260, pushing its post-U.S. election gains to over 50%. As of this …

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Springfield Man Sentenced for Using Crypto to Aid ISIS

Advertisements On December 13, Mohammed Azharuddin Chhipa residing in Springfield, was convicted by a federal jury on multiple counts associated with the Islamic State of Iraq and al-Sham, a foreign terrorist organization. As reported in the U.S. attorney’s press release, the evidence in the trial showed Chhipa operated a multi-year scheme, starting from at least Oct. 2019 to 2022, to …

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Hong Kong vows to finish crypto asset reporting framework by 2026

Advertisements The Hong Kong government declared to the OECD Global Forum that its regulators plan to implement a crypto asset reporting framework to combat cross-border tax evasion. Regulators plan to complete the necessary legislative amendments before 2026. In the Organization for Economic Co-operation and Development Global Forum on Transparency and Effective Exchange of Information in Tax Matters on Dec. 13, …

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