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First Bitcoin ETF Moves to November Contracts as Competition Heats Up


Despite initial worries that the first bitcoin (BTC) futures-backed ETF would turn out too popular for its own good, data from the ETF’s issuer, ProShares, shows that it is still trading at modest premium. As of Thursday, the ProShares Bitcoin Strategy ETF with the ticker BITO traded at a premium...

Bitcoin and Ethereum Stage Fresh Increase, SHIB Surges


Bitcoin price remained stable above the USD 58,000 level. As a result, BTC staged a steady recovery wave above the USD 60,000 resistance. It is currently (12:00 PM UTC) trading above USD 61,000 and it might attempt an upside break above USD 62,000. Besides, most major altcoins are recovering...

Bitcoin and Ethereum Dip While Shiba Surges 70%


The crypto sector faced a bump yesterday as most coins dropped in market value. Even the strong-going Bitcoin dipped below the 60,000 dollar mark. The world’s biggest crypto traded 3.5 % below at 58,725 dollars. While the numbers are unfavorable, Bitcoin is still trading 30% up in October....

Slovenia Launches Public Consultations on Crypto Taxation Law


Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted for public consultations this week, local media reports revealed. Slovenia to Amend Tax Rules...

Bullish Bukele Buys Bitcoin ‘Dip,’ Snapping up BTC 420


As bitcoin (BTC) prices fell below the USD 60,000 mark, the El Salvadoran President Nayib Bukele has doubled down on his bitcoin adoption drive by snapping up BTC 420 (USD 25m). In a series of tweets, Bukele stated that his government had decided to “buy the dip,” and was “already making a profit...

Indian Crypto Regulation Is Planned for February: Report


The Indian government is reportedly planning to introduce cryptocurrency regulation by the time of the next general Budget, which is in February next year. Instead of banning cryptocurrencies, like bitcoin, the government is likely to regulate crypto assets as commodities, according to reports....

Bitcoin and Ethereum At Risk of More Losses, SHIB Dives


Bitcoin price failed to stay in a positive territory and traded below the USD 60,000 support. BTC traded below the USD 59,200 support and tested USD 58,000. It is currently (05:00 UTC) trading below USD 59,000 and there is a risk of more downsides in the near term. Besides, most major altcoins...

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