Cryptocurrency Analysis and News Portal
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. It was a tumultuous week in China outside the financial world with severe flooding hitting Zhengzhou and typhoon In-Fa
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Bitcoin re-tested resistance on its way up to $60,000 and was pushed back to support. At the time of writing, BTC trades at $57,500 with sideway movement in the lower and higher timeframes. BTC is moving sideways in the daily chart. Source: BTCUSD Tradingview Anonymous trader IncomeSharks has set support at $53,000
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Spencer Schiff, the son of gold bug and major Bitcoin (BTC) critic Peter Schiff, seems to have decided to move all his portfolio investments into one single asset, Bitcoin.“My son went all in on Bitcoin on the last drop below $50k. 100% of his portfolio is now in Bitcoin,” gold
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Bitcoin is pushing higher after plunging as low as $17,600 late last week. The price of the leading
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A tug of war over Bitcoin’s future is becoming more ferocious. This battle, pitting corporate interests seeking to profit from the Bitcoin system’s disruptive potential against an anti-corporatist dream for a human-first financial system that bypasses institutional middlemen, has been in play for some time. But with bitcoin’s latest price rally,
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French financial authorities are strengthening the country’s cryptocurrency regulations in a move to prevent illicit activities like money laundering and terrorism financing.On Dec. 9, several ministries in France jointly introduced an order aiming to prevent anonymous digital asset transactions by banning anonymous crypto accounts.The new regulatory effort is backed by
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House Bill 220 would enable Ohio's governmental bodies to use blockchain and DLT in their operations if signed into law. Source
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Top decentralized finance (DeFi) coins have dropped 5-10% over the past 24 hours despite Bitcoin’s move higher. BTC
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Russia’s Ministry of Finance has proposed new amendments to the country’s coming law on crypto assets that could soften the requirements for cryptocurrency taxpayers, news agency RBK reported Thursday.According a package of draft bills, individuals must report their holdings if annual transactions exceed 600,000 Russian rubles (about $7,800). In a
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New Jersey has inched closer to implementing its own "BitLicense." Source
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