Cryptocurrency Analysis and News Portal
Bitcoin bounced to $66,000 on Monday, partially erasing the losses from last Wednesday. Technical charts signal an impending boost from a bullish continuation pattern.“BTC has broken out of the Flag pattern, and buying momentum is expected to continue,” MintingM, a Mumbai-based crypto asset management company, said in its weekly market
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“We find ourselves in an environment of significantly elevated inflationary pressures, an environment that is also completely new territory for bitcoin and its reaction function, in other words, whether bitcoin is a decent inflation hedge or not remains to be seen,” Marc-Andre Fongern, senior analyst at Fongern Global FX, told
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Zanzibar is keen on getting stakeholders’ views on the viability of adopting digital currencies before a final decision is made, a government minister has said. The Importance of Getting the Views of Stakeholders In his remarks during an interview with The Citizen, Mudrick Soraga, who is the Minister of State, revealed his
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A new crypto tax paradigm is brewing in Argentina, where two provinces have now approved crypto tax laws. This means that Argentinian citizens must disclose their cryptocurrency holdings and pay taxes according to the trades they do in the provinces of Tucuman and Cordoba. This is because cryptocurrencies have been
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In a bizarre event, a cryptocurrency with the same name as SpaceX's satellite range "Starlink" jumped over 140% as Elon Musk's space technology company launched 53 of them into the Earth's lower orbit.Watch Falcon 9 launch 53 Starlink satellites to orbit → https://t.co/bJFjLCzWdK https://t.co/dgHuF6SIZ4— SpaceX (@SpaceX) November 13, 2021 Written
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VanEck, one of the first United States-based asset managers to file for a Bitcoin (BTC) exchange-traded fund (ETF), is finally launching its Bitcoin futures ETF.According to an official notice by the Chicago Board Options Exchange (CBOE), VanEck’s Bitcoin Strategy ETF will start trading on CBOE under the ticker symbol XBTF
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sponsored William Quigley loved baseball cards during his pre-teens. As the founder of WAX (Worldwide Asset Exchange), you might think Quigley’s crowning achievement may have been to strike a deal with Topps Baseball Card company, so WAX could manage and create NFTs with the MLB. However, Quigley was able to
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“We find ourselves in an environment of significantly elevated inflationary pressures, an environment that is also completely new territory for bitcoin and its reaction function, in other words, whether bitcoin is a decent inflation hedge or not remains to be seen,” Marc-Andre Fongern, senior analyst at Fongern Global FX, told
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Circle, the United States-based issuer of USD Coin (USDC), has set its sights on thriving Asian crypto markets. In a move to strengthen its presence in Asia, Circle picked Singapore to establish a regional headquarters. The company is also setting up an investment arm called Circle Ventures, according to Circle CEO
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The United States Securities and Exchange Commission (SEC) has introduced an action against Terraform Labs, the company behind the design of the Terra blockchain, and its co-founder and CEO Do Kwon. The SEC is seeking an order for Kwon to comply with a series of subpoenas he has failed to
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