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Showing posts from December 13, 2024

Bitcoin Millionaire Faces Prison: The Price of Hiding $4 Million in Gains

An early bitcoin investor was sentenced to two years in prison for evading taxes on $3.7 million in cryptocurrency gains, using mixers and secret wallets. Bitcoin Investor Sentenced: The High Cost of Hiding Cryptocurrency Profits Frank Richard Ahlgren III, a resident of Austin, Texas, was sentenced to two years in prison for “filing a tax […]

Bitcoin Breaks 100K and ETH Is Ok

Bitcoin’s historic rally last week didn’t happen in isolation—it came amid a surge of retail investors, Ethereum ETF inflows, and more. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Bitcoin, Ethereum, and the Return of Retail Bitcoin […]

Crypto Helps Propel ETF Industry to Record $1 Trillion in 2024 Inflows

Bitcoin and ether ETFs approved in January and July respectively, played a vital role in the industry’s record-breaking year. Crypto Gives ETF Industry a Second Wind Global exchange-traded funds (ETFs) averaged $4 billion in daily inflows and closed out with a record-breaking total of $1 trillion in annual inflows for 2024, according to reporting from […]
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