TokenPost reporter
Mark Jason Alcala
Stories by Mark Jason Alcala
- Bitcoin could soar to a new all-time high this year fueled by institutional demand
Seba Bank CEO Guido Buehler expects BTC to rise as high as $75,000 in 2022.
· Insights & Views
- Crypto can be a small part of one’s investment portfolio, says Dave Ramsey
Ramsey views crypto as a commodity that's going to be around for a long time.
· Insights & Views
- Private crypto is not a financial stability concern and can co-exist with a CBDC, says Fed Chair
However, Powell also pointed out that investing in crypto might be risky especially for those who are not sufficiently knowledgeable on the new asset class.
· Regulation
- Bitcoin's Lightning Network-powered app Strike starts Latin American expansion with its launch in Argentina
Residents could use Strike’s services to make cost-effective financial transactions such as instant and near-free remittance payments, accepting and sending bitcoin Tips on Twitter, and peer-to-peer transactions, or s…
· Business
- Bitcoin miner Bitfarms buys the dip, adds 1,000 BTC to its stash
The crypto mining firm now owns over 4,300 Bitcoin as of January 11, 2022.
· Business
- Bill Miller reveals half of his personal net worth is in Bitcoin and other cryptos
Despite his significant exposure in crypto, Miller suggested that average investors should probably limit their crypto investments to around 1 percent of their portfolios.
· Insights & Views
- Bitcoin investors buy the dip as BTC falls below $40K
Some crypto investors are taking advantage of the price drop and are buying Bitcoin’s latest dip while others are waiting for the crypto’s price to consolidate.
· Investing
- Bitcoin ends losing streak as BTC hovers above $40,000
Bitcoin soared as high as $42,205 on Sunday and ended last week’s price drop that sent the world’s number one crypto by market cap towards $40,000 from above $48,000.
· Investing
- Crypto theft from DeFi platforms rose by 1,330% to $2.2 billion in 2021
The value of crypto lost to theft rose to around $3.2 billion in 2021, which is an increase of 516 percent from 2020’s figure.
· Insights & Views
- Crypto trading profits in Thailand will be subject to a 15% tax starting this year
With the significant growth of the crypto market last year, the Revenue Department is planning to strengthen its surveillance of crypto trading this year.
· Regulation
- Jamaica plans to rollout CBDC in the first quarter of 2022
The CBDC pilot, which ran for eight months, was completed on December 31, 2021.
· Regulation
- Crypto market could grow to $250 trillion by 2030, says Real Vision CEO Raoul Pal
Pal told podcast Bankless Brasil that “there is a reasonable chance” that the total market cap of the global crypto sector could grow as high as $250 trillion as long as the crypto network adoption continues on its tr…
· Insights & Views
- Bitcoin could rise to $100K as it competes with gold as store of value, says Goldman Sachs
Bitcoin currently accounts for around 20 percent share of the store of value (gold and Bitcoin) market.
· Insights & Views
- Crypto mining temporarily banned in Kosovo due to power shortages
The decision to ban crypto mining was based on recommendations made last week by the Technical Committee on Emergency Measures for Energy Supply.
· Regulation
- Bitcoin replacing gold as an inflation hedge for millennials, says Wharton professor
Jeremy Siegel, a finance professor at the Wharton School, University of Pennsylvania, noted that gold has been disappointing and appeared to have lost its appeal among younger investors.
· Insights & Views
- Kevin O’Leary owns Hedera, Polygon, Bitcoin, Ethereum, Solana and believes NFTs could surpass BTC
O’Leary revealed that he has invested more in Ether (ETH) than in Bitcoin (BTC).
· Insights & Views
- Crypto exchange Binance still not registered and can’t offer services in Ontario, says OSC
The Ontario Securities Commission (OSC) clarified that the exchange is not registered under the securities law in Ontario and described Binance’s action of sending emails as unacceptable.
· Regulation
- Over 1,000 bank accounts and cards used in crypto trading seized by Pakistan’s Federal Investigation Agency
Authorities said that the frozen accounts were used to process transactions worth 51 million rupees (around $288,000) to and from crypto exchanges including Binance, Coinbase, and Coinmama.
· Regulation
- Donated or inherited crypto will be taxed by the South Korean government starting 2022
Inherited or gifted digital assets will be taxed based on the average price of the crypto the month before and after the date of the donation or the date of the commencement of inheritance.
· Regulation
- Elon Musk shares thoughts on Bitcoin, Dogecoin, and the identity of Satoshi Nakamoto
Musk said pointed out Dogecoin's higher transaction volume capability and its lower transaction cost compared to Bitcoin.
· Insights & Views
- MicroStrategy’s Bitcoin stockpile soars to 124,391 BTC after recent acquisition
In a regulatory filing with the Securities and Exchange Commission, Virginia-based MicroStrategy announced that it has purchased approximately 1,914 BTC between December 9 and December 29.
· Business
- Crypto mining activities in Iran temporarily banned until March 2022
The temporary ban on crypto mining is expected to free up 209 megawatts of power for household use,
· Regulation
- Bitcoin’s recent price drop hasn’t shaken long-term HODLers’ conviction of the crypto’s potential
Long-term holders increased their Bitcoin holdings by 1.846M BTC since the year started.
· Insights & Views
- Collapse of China’s Bitcoin mining fuels growth of retail crypto mining in Thailand
As Chinese Bitcoin miners closed shop due to the government crackdown on crypto mining and trading, Thai retail miners were able to acquire mining rigs at a much cheaper price.
· Business
- Crypto exchange Binance won’t be pulling out of Ontario
The crypto exchange announced that it will continue its services for Ontario-based users after successfully working with Canadian regulators.
· Business
- Russia plans additional reporting requirements for money transfers by individuals including crypto traders
Bank of Russia sad that the move is aimed at identifying risk areas associated with the use of payment cards and wallets issued to fictitious individuals by cryptocurrency exchangers, online casinos, and unscrupulous …
· Regulation
- Institutional crypto investments to accelerate but will diversify beyond Bitcoin in 2022
Genesis Trading head of market insights Noelle Acheson sees strong signs of accelerating institutional investments growth in the crypto market next year.
· Insights & Views
- Bitcoin a major factor in mixed martial artist’s decision to sign a contract with Eagle FC
Kevin Lee recently signed a four-fight contract with the Russia-based Eagle Fighting Championship that specified BTC as part of the payment.
· Insights & Views
- Bitcoin payments now accepted by Colombian real estate firm for its Santa Marta project
La Haus is making it easier for crypto investors to purchase properties using their digital currencies.
· Business
- Crypto scammer that targeted both Thai and foreign investors arrested in Bangkok
The crypto scammer duped his victims into investing by promising high returns of up to 400 percent in just 200 days.
· Regulation
- Bitcoin rising to $100K, further mainstream adoption, and other crypto market predictions for 2022
Banking and other financial institutions will increasingly embrace crypto as more customers want digital currencies to become part of their investment portfolios.
· Insights & Views
- Invest in Bitcoin and stay away from fiat, says Mexico’s third-richest man
Ricardo Salinas Pliego posted a two-minute video for his 957,200 followers on Twitter urging them to invest in Bitcoin, the world’s largest crypto by market cap.
· Insights & Views
- Crypto exchange Binance set to become a crypto-asset service provider in Bahrain
The company is on track to becoming a crypto-asset provider in Bahrain after having secured an in-principle approval from the central bank.
· Business
- Turkey fines crypto exchange Binance for violating the AML Law
The country’s Financial Crimes Investigation Board (MASAK) has imposed an 8 million lira (around $750,000) fine on Binance Turkey.
· Regulation
- India’s crypto bill won’t likely be taken up during Parliament’s Budget Session
The government reportedly “wants to hold wider consultations on the matter” and it is highly unlikely that the bill will be drafted before March as the Finance Ministry and institutional stakeholders have other priori…
· Regulation
- Japan’s taxation scheme driving crypto businesses out of the country
Japan’s recently approved tax plan might negatively impact the country’s crypto sector.
· Regulation
- Donald Trump says crypto is dangerous but promotes his wife’s NFT
Former President Donald Trump says he is not a fan of crypto and that he prefers the U.S. dollar as currency.
· Insights & Views
- Crypto exchange Binance to help Dubai create its crypto zone
Binance, the world’s largest crypto exchange in terms of volume, will share its rich experience in dealing with regulators worldwide.
· Business
- Visa makes it easier for crypto owners to spend their digital currencies
Visa's head of crypto explained that crypto-linked cards make it easier for businesses to accept crypto payments.
· Business
- Bitcoin and gold are safe assets in a high inflation scenario, says Celsius CEO
Celsius Network CEO Alex Mashinsky believes that 2022 will be a year of volatility and uncertainty amidst fears of the Omicron variant, the possibility of monetary tightening by the Federal Reserve, and the rising inf…
· Insights & Views