Perhaps the biggest story of the week was the North California judge ruling that could see Coinbase forced into handing over their client data to the IRS. While some users of bitcoin are suspected to be evading tax, the broad brush stroke of every Coinbase customer is something the company is willing to fight against.
The price of bitcoin almost tested a key critical resistance at $778.85 but fell short, posting a fresh high at $778.07. The market stands just above $750 at the time of writing. BTC-USD is at a critical juncture. The Ichimoku indicator suggests a short-term shift to downward momentum. It will be interesting to see if the market breaks below $750 in the days ahead and will point to further losses...
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https://btcmanager.com/news/coinbase-us ... iew-dec-5/
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