💥 One-minute letter: Bitcoin is approaching $10,000 again

Crypto market and forecasts

  • Bitcoin (BTC) is approaching $10,000 again. Almost all of the top twenty coins on CoinMarketCap are in the red today. The only two coins up are EOS and VeChain.

  • Bitcoin will drop as low as $1000 this year, Wall Street CIO predicts. Peter Boockvar, the Chief Investment Officer at Bleakley Advisory Group, says that people who have been taking on credit card debt in order to invest in cryptocurrency will be hit hard.a

 

More news

  • South Korean government will be collecting a 22 percent corporate tax and a 2.2 percent local income tax from the country's cryptocurrency exchanges. Bithumb made 317.6 bln won ($295,368,000) last year in total, so is expected to pay about 60 mln won in taxes.
  • Opera will add anti-crypto mining to its mobile browser.

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COINTELEGRAPH LIMITED · 25/F WORKINGTON TOWER 78 · HONG KONG · Hong Kong

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