Various local branches of the Israel Tax Authority have sent out letters to those they suspect are trading bitcoin without reporting it The tax agency demands in those letters that the recipients will divulge all of their involvement in the cryptocurrency market including all past transaction history and current holdings People are being asked to list all exchange accounts and wallets they ever had and report their trade earnings Additionally the agency demands that people will reveal if they are engaged in mining

The weekend brought pain for Bitcoin but that was always on the cards My Fridays Bitcoin price technical analysis Palpable Strain concluded on a bearish note saying that a close below 286 could bring in further decline and as can be seen the cryptocurrency did slump intraday to 27657 before taking support from near the previous consolidation level of 275

After nearly a decade of being mocked and mimicked for their eccentricities the outcome of all the millennials maxi is now on full display and its pretty impressive