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Canadian Digital Asset Ownership Plummets Amid Global Regulatory Uncertainty: Bank Of Canada
4.8.2023
Cryptocurrency ownership in Canada declined in 2022 due to a plethora of factors including uncertainty in regulation, fear of digital asset scams, and unfavorable market conditions.
A new survey, the Bitcoin Omnibus Survey (BTCOS) by the Bank of Canada highlights the trend of digital assets...
BTC dips below $30k; InQubeta presale shines bright, ETH price struggles to break $2k
4.8.2023
The volatility of the decentralized finance (DeFi) market is currently reflected in the value of two leading cryptos—Bitcoin (BTC) and Ethereum (ETH). Bitcoin’s value recently dipped below $30,000, while Ethereum’s price faces challenges surpassing $2,000. As a result of this decline...
Bitcoin Price Prediction; BTC is Steady Above $29,000; All Eyes on US NFP Figures
4.8.2023
Bitcoin's price is trading choppy above the $29,000 threshold, and has captured the attention of traders and investors.
With a current price of $29,216 and a 24-hour trading volume of $12.4 billion, Bitcoin's performance is being closely monitored by market participants.
However, all eyes...
Bitcoin’s price fluctuations: Insights for savvy investors
4.8.2023
Bitcoin has been steadily rising, but there is a potential hurdle ahead. The US Federal Reserve and the UK Central Bank raised interest rates. If such rate hikes continue, it could lead to a drop in Bitcoin’s price. Higher interest rates might attract investors to traditional assets like...
Bitcoin Price Prediction as Crypto Analyst Says BTC Still on Track to Hit $100,000 by 2025 – Time to Buy?
4.8.2023
Bitcoin, the world's largest cryptocurrency, experienced a minor dip of over 1% but managed to maintain its position above the critical $29,000 mark.
Despite showing stability within a specific price range, it lacked significant buying interest as traders eagerly awaited the US Securities...
USDT Issuer Tether Bought $45.4 Million Worth of Bitcoin in Q2 – Here’s What This Means for the BTC Market
3.8.2023
The issuer of the world’s most popular USD-pegged stablecoin USDT, Tether, bought 1,529 bitcoin (BTC) worth $45.4 million in Q2, as per comments by the company’s CTO cited by Bitcoin Magazine.
The purchase shows that Tether is following through on a plan announced back in May to allocate 15%...
Bitcoin Spark offers investors the chance to restart the clock on BTC
3.8.2023
Many projects have emerged in the cryptocurrency realm. Some emanated through social media hype, discussing how they will transform the industry into a more robust, secure, and advanced earning system. Crypto enthusiasts will now witness the rise of a new innovation in blockchain technology that...
This coin is outshining XRP & BTC in the crypto market
3.8.2023
This new token is a presale token that is meant to be used in the Cryptocurrency Market. It is currently trading at 7 and is expected to reach 13 by the end of the year. The coin is designed to be used in the Cryptocurrency Market, where it will be exchanged for presale tokens. Bitcoin …
Bitcoin Price Prediction: BTC Faces Choppiness Ahead of Friday's NFP Report
3.8.2023
On August 3rd, Bitcoin extended its previous daily losses, experiencing a decline of nearly 1.75% and reaching a price of $29,084.
Despite a positive spot ETF approval prediction by a Bloomberg analyst, Bitcoin has been facing downward pressure in recent sessions, largely influenced by...
Will Bitcoin hit $100,000 or crash again in 2023?
3.8.2023
With the recent surge in the Bitcoin price, many crypto enthusiasts are positive about Bitcoin’s journey toward $100000. Will it happen this year? Or will it take time? In this post, you are going to get a comprehensive analysis of Bitcoin’s current and future trends. Let’s dive in...
Bitcoin Price Prediction as Billionaire Michael Saylor Makes Another $14 Million BTC Purchase – Time to Buy the Dip?
2.8.2023
On August 1st, the value of the popular cryptocurrency, Bitcoin, exceeded $29,000 and briefly even surpassed $30,000.
This surge was fueled by an increase in trading volume, as traders who had lost confidence in BTC in recent weeks re-entered the market.
As a result, trading activity soared to...
Bitcoin Spark offers investors the ability to buy Bitcoin alternative at only $1
2.8.2023
The extraordinary rise of Bitcoin (BTC) has left many investors reminiscing about the missed opportunity to buy into the revolutionary digital asset when it was priced at $1. However, the cryptocurrency landscape is ever-evolving, and the emergence of Bitcoin alternatives has presented...
KPMG’s report on Bitcoin: Real-life crisis solutions
2.8.2023
KPMG has published a report on Bitcoin, highlighting the ways in which it can actually contribute to the traditional ecosystem. The report comes at a time when the entire crypto market is going through turbulence. As for BTC, it is way below the expected mark of $30k. The token is currently trading...
Genesis Digital Assets Announces Expansion of Bitcoin Mining in South Carolina
2.8.2023
Major Bitcoin mining company Genesis Digital Assets (GDA) has announced the opening of three new data centers in South Carolina, USA, which has "abundant and clean energy sources."
The facilities are located in the Western region of the southeastern state, said the press release.
All three...
Bitcoin Price Prediction as Traders Get Spooked By Curve Fallout – Will BTC Drop to $25,000?
2.8.2023
Bitcoin is currently trading near $29,900, experiencing a decline from its recent peak of $29,900.
The market sentiment is tense due to the recent events surrounding Curve, leading traders to wonder if Bitcoin will potentially drop to $25,000.
The recent announcement of the US Federal Reserve...
Bitcoin Hits One-Week Highs, Nears $30K After MicroStrategy Announces Plans to Sell Stock, Buy More BTC
2.8.2023
Bitcoin (BTC) hit one-week highs in the $29,700s on Tuesday after US software company MicroStrategy signaled intent to add significantly to its BTC holdings.
MicroStrategy announced via a filing with the US Securities and Exchange Commission (SEC) that they plan to sell as much as $750 million...
Margot Robbie Mocks Bitcoin, Labeling It a 'Ken' Affair, as Mattel Explores NFTs
1.8.2023
In a recent interview with Fandango, Margot Robbie, the lead star of this summer's blockbuster sensation "Barbie," mocked the world of cryptocurrency, particularly Bitcoin.
Australian-born Hollywood star Robbie revealed that while preparing for the movie alongside director Greta Gerwig, the...
Digital Asset Investors Should Report Crypto Staking Rewards as Taxable Income: IRS
1.8.2023
The US Internal Revenue Service (IRS) has outlined the latest tax guidance that classifies earnings from crypto staking as taxable income.
Per the Revenue Ruling of 2023-14, issued Monday by the IRS, crypto investors must report rewards earned from staking digital assets as gross income, in...
Bitcoin Price Prediction: BTC Slips 2% Amidst SEC Lawsuit and Political Developments
1.8.2023
On Tuesday, the trading value of Bitcoin dropped by nearly 2% to $28,912 amidst significant developments in the cryptocurrency landscape.
The SEC's lawsuit against Richard Heart, the mastermind behind Hex, alleging the sale of unregistered securities worth $1 billion, has raised regulatory...
Bitcoin On Course to End July in the Red – More Anguish For BTC This August?
31.7.2023
Bitcoin (BTC), the world’s first and largest cryptocurrency by market capitalization, is on course to close out an uncharacteristically weak July lower by about 4% and stuck within familiar ranges in the low $29,000s....
Read More: Bitcoin On Course to End July in the Red – More Anguish For...