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Bitcoin and Ethereum Decline, MATIC and LUNA Rally
2.12.2021
After touching USD 59,000, bitcoin price failed to continue higher and dived below USD 56,000. It is currently (04:19 UTC) trying to recover towards USD 56,500.
Besides, most major altcoins are also trying to recover losses. ETH is down 5% and there was a break below the USD 4,550 support zone....
Mainstream Analysts Pour Scorn on El Salvador’s Financial Plans and Bitcoin Intentions
2.12.2021
Mainstream analysts have criticized El Salvador’s budget plans for 2022 and its bitcoin (BTC) bond ambitions – and a media outlet has pointed out that international ratings agencies are now lining up to take aim at the nation’s President Nayib Bukele and his adoption plans....
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Grayscale vs. SEC, Fidelity's Bitcoin ETF, Investments in Metaverse, NFTs + More News
1.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
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Read More: Grayscale vs. SEC, Fidelity's Bitcoin ETF, Investments in Metaverse, NFTs + More News
Bitcoin and Ethereum Consolidate, SOL Rallies, SHIB Dives
1.12.2021
Bitcoin price struggled to clear USD 58,500 and corrected lower. BTC is currently (11:59 UTC) declining and trading below USD 57,200. A close below USD 56,250 may perhaps spark a fresh bearish wave in the near term.
Besides, most major altcoins are trading in a positive zone. ETH tested USD 4,780...
Bitcoin Stuck in a Range, Ethereum Rallies, LUNA and STX Outperform
1.12.2021
Bitcoin price made another attempt to gain strength above USD 58,500 but failed. BTC is currently (04:22 UTC) trading in a range above USD 57,000. To start a fresh surge, the price must gain momentum above USD 58,500....
Read More: Bitcoin Stuck in a Range, Ethereum Rallies, LUNA and...
Fed Chair on Higher & Not Transitory Inflation, Yellen On Stablecoins + More News
30.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Fed Chair on Higher & Not Transitory Inflation, Yellen On Stablecoins + More News
Invesco’s First Physical Bitcoin Fund Goes Live in Europe
30.11.2021
Invesco recently announced its first BTC exchange-traded product. The asset manager talked to ETF Stream about its latest sport, BTC exchange-traded product in Europe. The tool is physically supported by actual BTC and delivers the BTC minus fees’ performance by monitoring the CoinShares BTC Hourly...
South Koreans Can Trade Crypto Tax-Free Until at Least 2023 as Delay 'Virtualy Confirmed'
30.11.2021
South Koreans will most likely be able to trade crypto without having to pay tax on their earnings for at least another year after politicians signed off on an amendment to a much-maligned and controversial tax plan – in a major blow to the government, which bitterly opposed talk of...
Russian Governor Who Slated Miners in October Now Plans to Welcome Them
30.11.2021
The Governor of a Russian province who just weeks ago was blasting crypto miners has now offered to help them set up shop in the region and provide support for people mining tokens.
As reported in October, the Irkutsk Region Governor Igor Kobzev called on the Russian Deputy Prime Minister and...
Bitcoin Struggles, Ethereum Inches Higher, DOGE and SHIB Rally
30.11.2021
Bitcoin price attempted an upside break towards the USD 60,000 level. However, BTC failed to gain strength above the USD 58,000 and USD 58,500 levels. It is currently (04:24 UTC) consolidating near USD 57,200.
Besides, most major altcoins are gaining pace. ETH is up almost 3% and there was a break...
'Failing' S2F Model Refuels Debate on Bitcoin Price Model’s Usefulness
29.11.2021
With only one day left before the end of the month, a USD 98,000 price prediction for November by the pseudonymous bitcoin (BTC) analyst PlanB is officially out of the question. And with that, a new debate on the validity of PlanB’s well-known bitcoin stock-to-flow (S2F) model is again raging among...
El Salvador Buys Bitcoin Dip Again, WisdomTree Launches 3 Crypto ETPs + More News
29.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
...
Read More: El Salvador Buys Bitcoin Dip Again, WisdomTree Launches 3 Crypto ETPs + More News
Twitter’s Pro-Bitcoin CEO Jack Dorsey to Step Down – Reports
29.11.2021
Twitter co-founder and CEO Jack Dorsey is expected to step down from his role as chief executive of the social media platform, several media outlets reported on Monday.
The news was first reported by CNBC, while Reuters and Bloomberg also reported on the story, all citing unnamed sources “familiar...
Crypto Market Sentiment Dropped Last Week
29.11.2021
Crypto market sentiment keeps falling, and has done so for the second week in a row now, moving closer towards the score of 5. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets stood at 5.47 last week, but it is at 5.22 today, according to data provided...
MicroStrategy Spends Another USD 400M on Bitcoin
29.11.2021
Michael Saylor, the CEO of the US-listed software firm MicroStrategy, has announced that his company has purchased an additional BTC 7,002. The purchase marks yet another addition to the company’s already massive bitcoin holdings.
The announcement was made by Saylor on Twitter Monday morning...
Cathie Wood Predicts $560K Bitcoin Value in 5 Years
29.11.2021
Despite the crypto market’s constant fluctuations, several experts are showing immense faith. The latest example of the movement is Cathie Wood, who sees Bitcoin reaching 560,000 dollars in five years. The CEO of Ark Invest is substantially optimistic about crypto, estimating over 800% growth...
Bitcoin Mining Difficultly Breaks the Longest Gain Streak Since 2018
29.11.2021
Bitcoin (BTC) mining difficultly dropped this past Sunday for the first time in four months.
Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, went down by 1.49%. This relatively small drop is significant nonetheless as it’s the first one since the end...
‘New Blow’ as Large Crypto Exchanges Are Told to Pay British Tech Tax
29.11.2021
Crypto exchanges operating in the United Kingdom – including the likes of Coinbase – will be forced to pay a recently created tech tax – with the British tax body, HM Revenue and Customs (HMRC), declaring that cryptoassets “are not financial instruments.”
The British Treasury last year announced...
Bitcoin and Ethereum Spurt Higher, SAND and GALA Rally
29.11.2021
Bitcoin price started a recovery wave above the USD 56,500 resistance. BTC is up 6%, it broke the USD 57,000 level and is currently (04:35 UTC) consolidating. A close above the USD 58,000 level is needed for more upsides in the near term.
Besides, most major altcoins are moving higher. ETH is...
South Korean Political Parties in ‘De Facto Agreement’ over Crypto Tax Delay
26.11.2021
The protracted political struggle over the South Korean crypto tax has entered a new – and possibly decisive chapter – with the major parties reaching a “de facto consensus” over a delay that could see traders allowed to transact tax-free until 2024.
As reported, both major parties have pledged...