Bitcoin Price Will Hit $250K by Q1 2023, Says Tim Draper

Bitcoin Price Will Hit $250K by Q1 2023, Says Tim Draper

The serial VC investor, Tim Draper who is known for predicting Bitcoin prices, has just disclosed that Bitcoin would hit $250,000 but it’s status as a safe haven asset could see investors waiting a little longer than planned. He says: “People have consolidated towards Bitcoin”. During the interview with Yahoo Finance which held on Aug 9, Draper stated that Bitcoin […]

North Carolina Congressman Reintroduces Crypto Tax Bill

North Carolina Congressman Reintroduces Crypto Tax Bill

A tax bill introduced to refine the Internal Revenue Sevice’s treatment of Cryptocurrencies has just been inaugurated in the United States House of Representatives. Amending the Internal Revenue Code 1986 Initially labelled by Rep, Ted Budd (NC-R) on July 25, “The Virtual Value tax Fix Act of 2019” and referred to the Committee On Ways and Means , this bill […]

Even with the Present Market Mayhem, Reasearch shows Perfect Storm for Bitcoin

Even with the Present Market Mayhem, Reasearch shows Perfect Storm for Bitcoin

BrewingAccording to a crypto research firm Delphi Digital, the mounting economic uncertainty around the world is creating a perfect storm for Bitcoin. From a summary of a new quarterly macro outlook, Delphi Digital says there is an interesting discovery that the observed trouble in traditional markets is boosting the price of Bitcoin in 2019. It is far more obvious that […]