Bitcoin price started a short-term downside correction below USD 37,000. BTC even spiked below the USD 36,500 support, but dips were limited. It is currently (05:00 UTC) trading above USD 37,000, with a couple of important hurdles near USD 38,000. Similarly, ethereum is trading above the USD 1,600 support level and it is facing resistance…
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The central province of Córdoba, Argentina, appears to have had enough of waiting for the national government to act on crypto tax – and has instead moved to introduce a local tax on the crypto activities of its residents. Per CBA24n, the provincial legislature has voted in favor of a new bill that will impose…
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LL Cool J during a 2001 performance in Germany. Source: Wikipedia/Mikael ‘Mika’ Väisänen Private equity veteran Glenn Hutchins together with other business partners has launched a new venture capital crypto fund, Yahoo! Finance reported, citing Hutchins. Among the investors in the fund that has already raised some USD 72m are Bitcoin (BTC) bull hedge fund…
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Cynthia Lummis. Source: Twitter/@CynthiaMLummis Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news A Bitcoin (BTC) supporter US Senator Cynthia Lummis is now serving on the US Senate Banking Committee, among others. "These committees oversee issues that are very important…
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PayPal’s decision to embrace crypto was widely credited with sparking last year’s crypto price surge, and bitcoin (BTC)-to-USD rates are now rising steadily after the company claimed that it would “significantly invest” in a “new crypto, blockchain and digital currencies business unit” that it claims will “help shape a more inclusive future.” The company’s Read…
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Bitcoin price started a downside correction from well above USD 38,000. BTC corrected below USD 37,800 and USD 37,500. It is currently (13:00 UTC) consolidating near USD 37,500, with a positive angle. Besides, most major altcoins are slowly gaining momentum. ETH/USD corrected sharply, but it remained well bid above the USD 1,600 level. XRP/USD is…
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Despite outperforming traditional assets, bitcoin (BTC) and other cryptocurrencies are still less popular than usual investment options in the US and Japan, a recent survey showed. However, the good news for the Cryptoverse is that cryptoassets are now more popular than gold in the US. In the US, cryptocurrencies were ranked the fourth most attractive…
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Bitcoin price started a steady increase after it settled above USD 35,000. BTC even cleared the USD 37,000 resistance to move into a positive zone. It traded close to USD 38,400 and it is currently (05:00 UTC) correcting lower. Similarly, most major altcoins are trading in a positive zone. ETH/USD remains in a strong uptrend…
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“The economic environment for Bitcoin right now could not be better,” said Duncan MacInnes. United Kingdom-based Ruffer Investment Management has made more than $750 million from its Bitcoin investment in less than two months, but it has decreased the size of its holdings. According to a report from British news outlet The Telegraph, Ruffer saw…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Bitcoin news The California Public Employees’ Retirement System (CalPERS), America’s biggest public pension fund, upped its stake in Riot Blockchain, a Bitcoin (BTC) mining company. CalPERS increased its holdings Read more »Pay, Trade,…
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