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As the Crypto Economy Nears $3 Trillion, Top 10 Crypto Exchanges Hold Over $206B, More Than 7%
21.10.2021
The crypto economy has come awfully close to nearing the $3 trillion handle as far as the value of all 10,000+ crypto assets is concerned. Today, crypto market aggregation sites show the entire crypto-economy at $2.756 trillion is worth more than the value of Apple’s market cap at $2.467....
Institutional managers hold a record $72.3B of crypto — CoinShares
18.10.2021
Bitcoin and the broader cryptocurrency market are bullish again; institutional investors have increased their allocation accordingly
SEC Tweets About Funds Holding Bitcoin Futures — Expectations of Impending Bitcoin ETF Approval Soar
15.10.2021
The U.S. Securities and Exchange Commission (SEC) has tweeted about investing in funds that hold bitcoin futures contracts. This has sparked optimism within the crypto community that the regulator may soon approve bitcoin exchange-traded funds (ETFs), especially those investing in bitcoin futures....
NFT Tax & ‘Practical Difficulties’ with Crypto Tax In Spotlight In S Korea
8.10.2021
nk" rel="noopener noreferrer" href="https://cryptonews.com/news/seoul-to-hold-firm-on-crypto-tax-launch-suggests-nft-tax-may-follow.htm">reported earlier this week, the Finance Minister and Deputy Prime Minister Hong Nam-ki insisted that the much-maligned 20% levy on crypto trading profits over
Seoul to Hold Firm on Crypto Tax Launch, Suggests NFT Tax May Follow
7.10.2021
dozen or so non-big four crypto exchanges are allowed to go bust.A number of online petitions have called on the government to reverse its bid to begin taxing crypto trading profits at a flat rate of 20% from January 1. Seoul will order tax filings from anyone earning over USD 2,1
Traders pile into altcoins after Bitcoin bulls take hold of $50K
5.10.2021
LINA, SCRT and PRE each rallied by 20% and Bitcoin’s attempt to flip $50,000 to support could extend the current rally seen across the altcoin market
Traders identify $41K as Bitcoin’s key support to hold for the short-term
30.9.2021
While the long-term sentiment remains bullish, traders warn that BTC must hold the $41,000 support to avoid a sweep of the $38,000 level
Bitcoin and Ethereum Hold Key Supports, Altcoins Consolidate
29.9.2021
ref="https://www.tradingview.com/symbols/ETHUSD/">ETH settled below USD 3,000, but the bulls are protecting USD 2,800 and USD 2,750. XRP is stable near the USD 0.900 pivot level. ADA is still above the key USD 2.00 support.Total market capitalizationSource: https://www.tradingview.com
Analyst says $42K must hold to keep Bitcoin price from sweeping its swing low
27.9.2021
Bitcoin needs to hold $42,000 or it risks sliding as low as $32,000, according to crypto trader Eric Krown
Hold or Sell? Bitcoin Breaches Important Supports
20.9.2021
Bitcoin was consistently taking support from its 200 DMA curve and attempting a fresh high in each swing. However, after the September 07 fall, the sentiment attached with Bitcoin has turned into a profit booking mode. This shift in sentiment adds to the already existing selling pressure,...
Paypal Completes Rollout of Crypto Offering in UK: First International Expansion Outside US
19.9.2021
Paypal has completed the first international expansion of its cryptocurrency offering outside of the U.S. Paypal Crypto is now available to customers in the U.K. allowing them to buy, hold, and sell four kinds of cryptocurrencies. Paypal Crypto Now Available to All Eligible UK Customers Payments...
CFTC renewed: What Biden’s new agency picks hold for crypto regulation
18.9.2021
The three officials tapped by the Biden administration for CFTC roles come with promising crypto credentials, but can they live up to the promise?
Survey: 1 in 10 Irish Investors, Quarter of Young People Hold Cryptocurrencies
17.9.2021
Investors in Ireland are attracted to digital opportunities offering better returns and often find them online, a new survey has indicated. According to the poll, 11% of investors have already bought a digital asset and a quarter of the young Irish are betting on cryptocurrencies. Low Interest...
Ark Invest to split '60% Bitcoin, 40% Ether' as confidence in ETH grows 'dramatically'
15.9.2021
Ark Investment CEO believes Ethereum’s development is promising and Bitcoin’s value will continue to rise as more companies and institutions adopt the cryptocurrency
Bitcoin needs to hold $50K to avoid a $44K bearish BTC price target
7.9.2021
Falling back lower than $49,500 would cause problems, say traders, while any impulse move has the potential to hit $58,000
Japan’s Financial Giant SBI to Launch Cryptocurrency Fund
4.9.2021
Japanese financial conglomerate SBI Holdings is reportedly launching a crypto fund that will invest in several cryptocurrencies. “I want people to hold it together with other assets and experience firsthand how useful it can be for diversifying portfolios,” said an executive of...
Bitcoin and Ethereum Hold Key Uptrend Support, XRP Consolidates
30.8.2021
Bitcoin price is holding the USD 47,200 and USD 47,000 support levels. If BTC breaks the USD 49,000 resistance, it could start a stronger increase. It is currently (12:24 UTC) consolidating near the USD 48,000 level, with an immediate hurdle near USD 48,500.
Similarly, most major altcoins...
Bitcoin and Ethereum Hold Gains, ADA, XRP and DOT Surge
20.8.2021
Bitcoin price formed a base above USD 44,000 and started a fresh increase. BTC is back above USD 47,000 and it is currently (11:45 UTC) consolidating gains. To continue higher, the price must gain momentum above the USD 48,000 resistance.
Besides, most major altcoins are showing positive signs....
BlackRock ETFs hold $384 million of shares in Bitcoin mining firms
20.8.2021
SEC filings reveal that BlackRock has invested almost $400 million into Riot Blockchain and Marathon Digital Holdings stock
Bitcoin, Ethereum Struggle To Hold Key Supports, Altcoins Slide Lower
18.8.2021
Bitcoin price failed to stay in a positive territory above the USD 45,500 support. BTC is slowly inching lower and it is currently (11:45 UTC) struggling to stay above USD 45,000. If it extends its decline below USD 45,000 and USD 44,500, there could be a sharp decline towards...