Crypto News & Update

🚨 New crypto tax reporting obligations took effect on Jan 1. ONLY FOR USA If you receive $10k or more in crypto you now have an obligation to report the transaction (including names, addresses, SS numbers, etc.) to the IRS within 15 days under threat of a felony charge. ( Prison time up to 15 years for avoiding taxes) 📈[] @ftucrypto

JUST IN: Grayscale files registration of securities with SEC for its spot Bitcoin ETF. @ftucrypto

Crypto Speak: Faucet In the cryptocurrency world, a “faucet” is a website or app that gives away small amounts of cryptocurrency for free, usually in exchange for completing simple tasks such as watching ads, completing captchas, or participating in games. The goal of a faucet is to introduce new users to cryptocurrency by giving them a small amount to experiment with. But be careful: Some faucets can be fraudulent and used to collect personal data. 📈[] @ftucrypto

NOW - Jim Cramer says "you can't kill" Bitcoin: "It's here to stay." 📈[] @ftucrypto

JUST IN: 🇺🇸 Former President Bill Clinton named in Jeffery Epstein documents: "Clinton likes them young, referring to girls." @ftucrypto

JUST IN: 🇺🇸 Judge officially unseals Jeffery Epstein documents. @ftucrypto

JUST IN: $4.5 trillion asset manager Fidelity files registration of securities with SEC for its spot Bitcoin ETF. @ftucrypto

JUST IN: Hashdex, Spot Bitcoin ETF applicant releases video celebrating Bitcoin's birthday. @ftucrypto

JUST IN: Goldman Sachs in talks to become an authorized participant for BlackRock's & Grayscale's Spot Bitcoin ETF. @ftucrypto

📈BTC will reach $50,000 in January Matrixport analysts believe that the price of BTC will rise to $50,000 in January, influenced by factors such as the upcoming approval of spot bitcoin ETFs, institutional buying, supply shortages and historical trends. Previous Matrixport forecasts here and here have come true or come very close. Analysts also stated that they expect BTC at $63k in April and $125k by the end of 2024. 📈[] @ftucrypto

JUST IN: 🇺🇸 SEC schedules meetings today with New York Stock Exchange, Nasdaq, & Cboe to finalize comments on Spot Bitcoin ETFs, Fox Business reports. @ftucrypto

JUST IN: Bitcoin falls 5.6% one day after Jim Cramer says you can't kill Bitcoin and it's here to stay. @ftucrypto

2024 starts with manipulation In the last 24 hours, TRB token price rose to $629 and collapsed to $121, liquidations collected $68 million. 📈[] @ftucrypto

JUST IN: Senior Bloomberg Analyst says "we have heard nothing to indicate anything but approval" for Spot Bitcoin ETF. @ftucrypto

JUST IN: $540,000,000 liquidated from the crypto market in the past 4 hours. @ftucrypto

JUST IN: Galaxy & Invesco Spot Bitcoin ETF applicants release video celebrating Bitcoin's birthday. @ftucrypto

Crypto Speak: The rocket emoji🚀 The advent of messaging technologies presented us with myriad ways to express ourselves without typing words. People can now type strings of emojis and still convey comprehensible yet complex meanings. Emojis have even permeated Crypto Twitter, and today, we’ll decipher what the rocket “🚀” emoji means. If you remember, we discussed the meaning of “to the moon.” If you’re running out of character space in a tweet, you can replace “to the moon” with “🚀,” and it’ll mean the exact same thing! You may come across a stickler who claims that “to the moon” is a slow increase in price, whereas “🚀” is more of a quick shot to the moon. This may be true, but the final destination in both scenarios is the same😉 📈[] @ftucrypto

BTC – $45 300 🔥 📈[] @ftucrypto

JUST IN: Michael Saylor's MicroStrategy Bitcoin investment is now at a $2,650,000,000 unrealized profit. @ftucrypto