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Bitcoin Bounces Back Above $43,000 After Strong US Retail Sales Data Prompts Brief Price Dip – Here’s Why BTC Could Soon Hit Fresh Yearly Highs
14.12.2023
Stronger-than-expected US November Retail Sales data released earlier on Thursday triggered a sudden near-$1,500 drop in the Bitcoin (BTC) price from just under $43,000 to around $41,500. Seemingly, the data, which showed an unexpected MoM leap in headline and core retail sales last month...
From Infancy to Giant — Tracing Bitcoin’s Roots in Satoshi’s Final Communication
13.12.2023
Roughly thirteen years ago, the mysterious creator of Bitcoin, Satoshi Nakamoto, posted their final message on the bitcointalk.org forum on Dec. 12, 2010. Nakamoto’s brief yet impactful message alerted the community to the ongoing need for enhancements in denial of service (DoS) attack...
Market Dip Indicates Deleveraging Rather than Fundamental News: Crypto Analyst
11.12.2023
Source: Adobe Bitcoin’s brief but sharp tumble toward $40,000, accompanied by a broader selloff in the crypto market, signals a potential deleveraging phenomenon rather than a fundamental news catalyst. On Monday, the largest cryptocurrency plunged as much as 7.5% to $40,521 before...
House Committee Unanimously Passes Pro-Blockchain Bill
7.12.2023
The House Committee on Energy has voted unanimously to approve a new piece of legislation entitled the “Deploying American Blockchains Act.” What the bill entails According to the brief, the bill would “direct the Secretary of Commerce to promote the competitiveness of the United States related to...
Bitcoin Price Prediction as Traders Remain Bullish Despite Recent Dips – Here are Key Levels to Watch
28.11.2023
In the dynamic world of cryptocurrencies, Bitcoin (BTC) continues to capture the spotlight, showcasing resilience and bullish sentiment despite recent fluctuations. As of Tuesday, Bitcoin has been trading robustly, hovering above the $37,000 threshold, reflecting a sustained upward trajectory...
Bitcoin Price Prediction as BTC Gains 1.4% in 24 Hours – Sign of Steady Growth or a Pause Before a Drop?
26.11.2023
Bitcoin price’s recent 1.4% gain, bringing its trading price to $37,800, has investors pondering: is this the beginning of steady growth, or just a brief respite before a decline? This uptick comes amid the release of “Bull Run,” a documentary exploring the nuances of Bitcoin...
Blockchain Association Sues OFAC Over Sanctions on Tornado Cash
21.11.2023
Source: US Department of Treasury Blockchain Association, the crypto advocacy group, has filed an amicus brief with the US Office of Foreign Assets Control (OFAC). The Association has criticized the agency’s decision to sanction crypto mixer Tornado Cash, pointing out the regulatory repercussions....
Blockchain Association files support in suit to lift Tornado Cash sanctions
21.11.2023
The crypto advocacy group said OFAC must act within its statutory authority by sanctioning bad actors, not open-source software tools
XRP Price Briefly Rallies After Fake BlackRock ETF Filing
14.11.2023
Source: Adobe XRP price witnessed a brief surge in its price following a fake business registration for a BlackRock XRP trust. The deceptive filing, still accessible on Delaware’s Division of Corporations website, mimics legitimate registrations made by the renowned asset management giant....
Is ApeCoin Going to Zero? APE Price Tumbles 10% in 1 Hour as Hot New Mining Coin Rakes in $3.7 Million
10.11.2023
Apecoin (APE) has tumbled -10% in a breakdown move, leaving Apecoin bag-holders dejected with APE price action asking ‘is ApeCoin Going to Zero?’. This comes following a brief resurgence for the leading NFT governance token, as price took a fleeting +46% rally from rock-bottom levels...
Brief Approval Window Opens for spot Bitcoin ETF Applicants, 90% Chance of Approval by January
8.11.2023
In an exciting development, Bloomberg ETF research analysts, Eric Balchunas and James Seyffart, unveiled data showing an eight-day long window wherein the Securities and Exchange Commission (S.E.C) could approve all 12 spot Bitcoin ETF applicants beginning as soon as tomorrow. A Brief Window...
Bitcoin Price Prediction as $35,000 Resistance is Surpassed – When is the Next Leg Up?
7.11.2023
Bitcoin (BTC) has continued its upward trend, bouncing back above the $35,000 mark early on Monday following a brief dip linked to legal issues involving FTX founder Sam Bankman-Fried. The overall market sentiment, gauged by the Fear & Greed Index, currently stands at 73, indicating a state...
PayPal scores UK crypto license after brief local Bitcoin buy halt
1.11.2023
Licensed by the FCA on Oct. 31, 2023, PayPal has requirements or restrictions placed on the financial services activities that it can operate
Upbit Dominates Korean Crypto Exchange Market With a Market Share of 80%: Research
27.10.2023
Upbit has solidified its position as the dominant player in South Korea‘s crypto exchange market, boasting an impressive market share of 80%. According to recent research by DeSpread, Upbit’s market dominance has remained strong throughout the year, with a brief dip to 70%...
Bitcoin, Ethereum Technical Analysis: BTC Remains Near 18-Month High, ETH Recaptures $1,800 Level
26.10.2023
After a brief spell above $35,000 late on Wednesday, bitcoin retreated below this level during today’s session. Despite the decline, the cryptocurrency continues to trade close to an 18-month high on Thursday. Ethereum rose back above the $1,800 level. Bitcoin Bitcoin once again fell below...
Central Bank of Spain Embraces Digital Euro, Highlights Benefits for Customers
25.10.2023
Banco de España, Spain’s central bank, is aligning with its European counterparts to introduce their customers to the possibilities of the digital euro, a central bank digital currency (CBDC).In a move that signals the central bank’s proactive stance, a brief document was released...
DeFi Education Fund, Paradigm File Amicus Brief Supporting James Harper’s appeal against IRS
24.10.2023
DeFi Education Fund (DEF), a crypto research and advocacy group, and crypto investment company Paradigm have filed a separate amicus brief supporting James Harper’s lawsuit against the US Internal Revenue Service (IRS).
Paradigm confirmed Friday that the amicus brief urges the Supreme Court...
Crypto advocates file amicus brief to address users' Fourth Amendment privacy rights
22.10.2023
The amicus brief was filed to support an appeal against the Internal Revenue Service in relation to a 2017 court order where Coinbase was forced to hand over data from more than 14,300 of its users to the IRS
US Chamber of Digital Commerce Backs Binance, Urges SEC to Drop Lawsuit
21.10.2023
In a significant move on Thursday, the U.S. Chamber of Digital Commerce, a leading crypto policymaking advocacy group, filed an amicus brief urging the U.S. Securities and Exchange Commission (SEC) to dismiss its lawsuit against cryptocurrency giant Binance. SEC’s Authority Questioned:...
Elon Musk, Mark Cuban Back Supreme Court Case Against SEC
20.10.2023
Tesla CEO Elon Musk and Dallas Mavericks owner Mark Cuban have jointly filed an amicus brief backing the defendants in a Supreme Court case against the U.S. Securities and Exchange Commission (SEC). “It is important that the SEC not be permitted to pick and choose whether parties are granted...