Rich Dad Poor Dad’s Robert Kiyosaki Urges Crypto Investors to Buy the Dip, Says ‘Stop Whining and Take Action’ – Markets and Prices Bitcoin News

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Rich Dad Poor Dad’s Robert Kiyosaki Urges Crypto Investors to Buy the Dip, Says ‘Stop Whining and Take Action’ Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” says now that bitcoin is “crashing,” it is a buying opportunity, especially for those who said that they could not afford it before. Alternatively, he said...

Bitcoin Drops Below $40K, Crypto Economy Down 17%, Markets Lost $250 Billion Last Week – Markets and Prices Bitcoin News

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Bitcoin Drops Below $40K, Crypto Economy Down 17%, Markets Lost $250 Billion Last Week On Wednesday, cryptocurrency markets continue to drop lower in value, as the entire crypto-economy has plunged 17% below the $2 trillion mark and now rests at $1.801 trillion. Bitcoin, the leading cryptocurrency in terms of market capitalization, touched a high of...

Anonymous Targets Elon Musk for Destroying Crypto Holders’ Lives, Trying to Control Bitcoin – Featured Bitcoin News

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Anonymous Targets Elon Musk for Destroying Crypto Holders’ Lives, Trying to Control Bitcoin The decentralized group Anonymous has published a message for Elon Musk in a video where they called the Tesla CEO “nothing more than another narcissistic rich dude who is desperate for attention.” They shed light on many things people may not know...

Bitcoin prices tumble 50% from peak and Mark Cuban calls the crypto crash the ‘great unwind’ – MarketWatch

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Bitcoin prices on Sunday afternoon were in free fall anew, with the world’s No.1 crypto spiraling down more than 50% from a peak in around the middle of April, amid another bout of turbulence in the digital-asset sector. At last check, bitcoin prices BTCUSD, +11.92% were changing hands at $32,632 down 12% on the day,...

Filipinos Can Now Cash in Crypto Without Fees Through Moneybees OTC Outlets – Press release Bitcoin News

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Filipinos Can Now Cash in Crypto Without Fees Through Moneybees OTC Outlets press release PRESS RELEASE. With cryptocurrency adoption increasing in the Philippines, Filipino users are looking for ways to convert their digital assets into cash at an affordable rate. The Central Bank of the Philippines has recorded P76 billion (US$ 1.5B) worth of transactions...

Dogecoin Co-Creator Says 99.9% Of Crypto Market Is Driven By ‘Greater Fool Theory’ | Benzinga

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Dogecoin (DOGE) creator Billy Markus said Monday the cryptocurrency market is mostly driven by the ability of investors to sell their holdings to greater fools, an underlying tenet of the greater fool theory.  What Happened: Markus made his comments in response to a tweet that bemoaned technologically sound projects being passed over by investors in...

Crypto Transfers Over $10,000 Should Be Reported to IRS, Treasury Says – Bloomberg

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The U.S. Treasury said the Biden administration’s proposal to strengthen tax compliance includes a requirement for transfers of at least $10,000 of cryptocurrency to be reported to the Internal Revenue Service. This content was originally published here.

The IRS Is Coming for Crypto Investors Who Haven’t Paid Their Taxes – WSJ

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Cryptocurrencies are exploding—and so is the Internal Revenue Service’s pursuit of Americans who aren’t paying taxes on them. With Tax Day approaching, it’s a good time to clean up your act if you’ve been lax about taxes on crypto. Not doing so could compound future tax problems, especially if you have traded a lot or...

Bitcoin Price Movements: Investment Options Without Holding Crypto – Bloomberg

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The events of the past week have shown exactly why some people have been wary of investing in Bitcoin. One tweet from a billionaire and nearly 15% was wiped off the cryptocurrency’s value. Thankfully for some investors, there are other ways to make a bet on the future of cryptocurrency. Maybe you know nothing about...

David Morris: Musk Learns Crypto Doesn’t Need a Savior – CoinDesk

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Musk isn’t alone in this unfortunate habit. Successful tech entrepreneurs, or even just lucky investors, seem particularly vulnerable to what’s known as “The Peter Principle.”  The principle was first laid out in 1969 as a corporate management problem, based on the observation that successful workers were often promoted beyond the level of their own abilities....