Bitcoin price failed to continue higher above USD 56,000 and started a fresh decline. BTC traded below the USD 55,000 support level and it is currently (12:30 PM UTC) showing a few bearish signs. If there is a break below USD 54,200, the bears might aim for a test of USD 52,000. Similarly, there were…
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Bitcoin price found support above USD 53,000 and started an upside correction. BTC climbed above USD 55,000, but is facing resistance near USD 56,500 and USD 57,000. It is currently (05:30 UTC) trading well below USD 56,000 and it might continue to move down if there is a break below USD 55,000. Besides, most major…
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Arthur Hayes. Source: a video screenshot, Youtube, Distributed Co-founder and CEO of major crypto derivatives exchange BitMEX, Arthur Hayes, has agreed to surrender in the US on April 6 and should be released on USD 10m bond, secured by USD 1m in cash, per a filing in the United States District Court for the Southern…
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Bitcoin (BTC) and Litecoin (LTC) getting even more closer to their privacy-related upgrades: Taproot for the former, and MimbleWimble (MW) for the latter. The Speedy Trial (ST) proposal for Taproot, a protocol upgrade that should improve Bitcoin’s privacy and flexibility, has received a lot of ‘ACKs’ over the past eleven days, signaling the community’s support…
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Dan Morehead. Source: a video screenshot, Youtube/Bloomberg Markets and Finance Dan Morehead, the CEO and founder of Pantera Capital, operator of the Blockchain Investment Fund, says that bitcoin (BTC) is “ahead of” his firm’s forecast schedule to hit USD 115,000 this summer – meaning that the token could surge beyond the USD 100,000 mark in…
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Alfred Kelly. Source: a video screenshot, Youtube, Business Live ME The Visa CEO Alfred Kelly says that his company is set to embrace bitcoin (BTC)-related business in earnest, and claims that partnerships in both the crypto and stablecoin sectors are already in the pipelines – while adding his voice to claims that cash is in…
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South Korea’s tax authorities said they have evidence that 2,416 South Korean people have hidden their income by buying cryptoassets including bitcoin (BTC), ethereum (ETH) and more in efforts to avoid having to pay tax on their earnings – and have moved to seize and liquidate their crypto. Per reports from Yonhap and Asia Kyungjae,…
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“I wanted to have something that stood out and showed people that we embraced Bitcoin as a solution for a revolution,” said the party chairman. Robert Valentine, chairman of the Libertarian Party in the Netherlands, has erected a number of pro-crypto billboards in advance of an election later this week. In an image shared on…
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Source: Adobe/Skórzewiak Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Mining news Nvidia, an American tech company, confirmed that it has accidentally removed the hash rate limiter on its RTX 3060 graphic cards in some configurations, The Verge reported. Nvidia’s latest…
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Russian parliamentarians could be set to alter the soon-to-be-imposed legal threshold for crypto tax declarations, a State Duma committee member has conceded. As previously reported, lawmakers have previously voted in favor of a bill that would force crypto traders to declare total annual earnings of over USD 8,250 per year. Those failing to declare may…
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