Tax evaders are trying ‘novel digital assets’ to dodge authorities: Chainalysis

Italian authorities uncovered a tax evasion scheme in which an individual allegedly used Bitcoin Ordinals and the BRC-20 token standard to generate and conceal $1.1 million. Read More at https://cointelegraph.com/news/criminals-attempt-to-use-bitcoin-ordinals-to-evade-authorities-chainalysis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Key Bitcoin price metric used by bulls falls to six-week low, but there’s a silver lining

Profit-taking by Bitcoin traders pushed the Coinbase BTC premium to a six-week low, but demand from longer-term traders put a clear support under the range lows. Read More at https://cointelegraph.com/markets/bitcoin-coinbase-premium-slidse-to-six-week-lows-but-there-is-a-silver-lining?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound