by OverviewFX | May 15, 2024 | Cryptocurrency
Reuters cite confidential work by United Nations sanctions monitors it has sighted. North Korea laundered $147.5 million through virtual currency platform Tornado Cash in MarchAfter stealing it last year from a cryptocurrency exchange, HTX United Nations sanctions...
by OverviewFX | May 14, 2024 | Cryptocurrency
In the news on Monday was this, that UBS owns 3,600 shares of BlackRock’s iShares Bitcoin Trust (IBIT)UBS is good company, the list of authorized participants for BlackRocks’ IBIT also includes Citadel and Goldman SachsUBS does allow some of its clients to...
by OverviewFX | May 8, 2024 | Cryptocurrency
ICYMI on crypto, the latest from Standard Chartered this week. Analysts at the bank point to two reasons a Trump win would be positive for Bitcoin. 1. Trump would ease back on regulating crypto: “While officials in the Biden administration have taken a relatively...
by OverviewFX | May 8, 2024 | Cryptocurrency
The Australian Taxation Office (ATO) is seeking personal data and transaction details from crypto exchanges to crack down on potential tax evaders.Finance Magnates has the details, here:Oversight of Crypto Tax Compliance ATO’s notice aims to identify individuals...
by OverviewFX | May 3, 2024 | Cryptocurrency
The price of bitcoin moved lower earlier this week and in the process fell below the 100 day MA in the process (blue line in the chart below currently near $60000), and toward the 50% midpoint of the 2024 trading range. That level comes in at $56,150. The low this...
by OverviewFX | May 3, 2024 | Cryptocurrency
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
