Crypto Taxes, Peterffy Concerned BTC Could ‘Become Worthless or Outlawed’ — Bitcoin.com News Week in Review – The Weekly Bitcoin News

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In this week’s bite-sized digest of the hottest sto­ries from Bitcoin.com News, a new Find­er sur­vey knocks down pre­vi­ous fore­casts for ethereum’s price a notch, with cryp­to experts pre­dict­ing low­er long-term prices for the asset. Also, India calls on G20 nations to bring cryp­tocur­ren­cies with­in the “Auto­mat­ic Exchange of Infor­ma­tion” frame­work, bil­lion­aire Thomas Peterffy weighs in on invest­ment and the future legal­i­ty of bit­coin, and SEC Chair Gary Gensler clar­i­fies the U.S. secu­ri­ties watchdog’s approach to cryp­to regulation.

Finder’s Experts Predict Ethereum Falling to $675 — Long-Term ETH Predictions Lowered Considerably

A pan­el of “indus­try experts” has pre­dict­ed that ethereum will bot­tom out at $675 before the year-end. They have “con­sid­er­ably low­ered” their ether pre­dic­tions since the start of 2022 and are now expect­ing the price of the cryp­tocur­ren­cy to end the year at $1,711 before ris­ing to $5,739 by 2025, and $14,412 by 2030.

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India Calls on G20 to Bring Crypto Within Global 'Automatic Exchange of Information' Framework

India Calls on G20 to Bring Crypto Within Global ‘Automatic Exchange of Information’ Framework

India’s finance min­is­ter has called on the G20 coun­tries to bring cryp­to with­in the “Auto­mat­ic Exchange of Infor­ma­tion” frame­work. More than 100 coun­tries have adopt­ed the Com­mon Report­ing Stan­dard under the framework.

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Billionaire Thomas Peterffy Plans to Buy More Bitcoin Despite Concerns BTC Could 'Become Worthless or Outlawed'

Billionaire Thomas Peterffy Plans to Buy Bitcoin Despite Concerns BTC Could ‘Become Worthless or Outlawed’

Bil­lion­aire Thomas Peterffy, founder of Inter­ac­tive Bro­kers, says he plans to buy more bit­coin if the price of the cryp­tocur­ren­cy hits $12K. How­ev­er, he remains con­cerned that bit­coin could “become worth­less or outlawed.”

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Gary Gensler Outlines What to Expect From SEC on US Crypto Regulation

Gary Gensler Outlines What to Expect From SEC on US Crypto Regulation

The chair­man of the U.S. Secu­ri­ties and Exchange Com­mis­sion (SEC), Gary Gensler, has out­lined what to expect from the secu­ri­ties watch­dog on cryp­to reg­u­la­tion. “We do have robust author­i­ties from Con­gress also to use our exemp­tive author­i­ties that we can tai­lor investor pro­tec­tion,” he explained.

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Tags in this story
Bear Mar­ket, Bil­lion­aire Thomas Peterffy, Bit­coin legal­i­ty, Buy Bit­coin, ETH, ETH Price, Ethereum, Ethereum Price, find­er sur­vey, Find­er’s ETH sur­vey, Find­er’s sur­vey, G20, Gary Gensler, india cryp­to reg­u­la­tion, India tax­es, mar­ket crash, Price, price fore­cast, price pre­dic­tion, sec cryp­to, sec cryp­to regulation

What’s your take on the hottest sto­ries from Bitcoin.com News this week? Be sure to let us know in the com­ments sec­tion below. 

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