Tag: crypto

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I’m the captain now: Musk chops Twitter board, becomes sole director

According to an SEC filing, Twitter’s nine board members lost their place on the board as part of Elon Musk’s takeover deal. Crypto-friendly billionaire Elon Musk has become the sole director of Twitter, following the dissolution of nine former board members, according to newly filed documents.  In an SEC filing dated Oct. 27, the “consummation”…
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Avalanche Price Can Gain Further Momentum If The Bulls Barrel Past $19

Avalanche price has shown bullish strength over the last 24 hours. It has been one of the few altcoins that have remained positive despite most altcoins losing value over the past day. In the past day alone, the altcoin has appreciated by close to 4%. In the last week, AVAX rallied over 16%. It is…
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Trick Or Treat For Bitcoin On Halloween Night? | BTCUSD Analysis October 31, 2022

In this episode of NewsBTC’s daily technical analysis videos, we examine Bitcoin price action on Halloween night to see if the market is in for any tricks or treats. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 31, 2022 The forecast for Halloween night is cloudy with a chance of…
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Bitcoin Price Optimism Slowly Fades Out As It Forms A Bearish Reversal Flag

Bitcoin price has been losing its strength over the last 24 hours. The coin has continued to face rejection at the $21,000 mark, causing the bulls to lose their momentum. Over the last 24 hours, the coin has lost 1% of its value, indicating that at the moment, BTC is consolidating on its chart. The…
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Why is the crypto market up today?

Bitcoin price is back at six-week highs, and BTC is still targeting $21,000. Here are three reasons why the crypto markets are surging. Bitcoin (BTC) has hit six-week highs and held onto its gains since — is it the start of a trend change? After passing $21,000 twice over the past week, BTC/USD is still…
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America’s Oldest Bank Says 70% of Institutional Clients Will Invest in Crypto If This One Thing Happens

BNY Mellon, America’s oldest bank and one of the more crypto-friendly institutions, has said that 70% of institutional investors will increase their digital asset activity when more custody services are available. … Read More: America’s Oldest Bank Says 70% of Institutional Clients Will Invest in Crypto If This One Thing Happens  Read more »Sign up for…
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Argentine Tax Authority AFIP Notified 4,000 Crypto Holders to Amend Their Tax Statements

The Argentine Tax Authority (AFIP) is ramping up its fight against cryptocurrency-related tax evasion. On Oct. 28, the organization informed it had sent notifications to 3,997 taxpayers about incongruencies between their tax statements and reports on their cryptocurrency holdings. These statements being reviewed correspond to reports of operations happening in 2020. Argentine Tax Authority AFIP…
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Analyst Highlights Key Factors To Notice Following Recent Bitcoin Price Hike

Investors are very particular about the price of Bitcoin. There’s no surprise there, seeing that the values of other digital tokens depend on it. When the price surges, the market goes uptrend and vice versa. Bitcoin, being the most prominent cryptocurrency, has maintained a stagnant price movement in the past couple of weeks. This fact…
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Bitcoin Price Struggles Under $21,000, Will The Bulls Power Through Again?

Bitcoin price continues to remain under the $21,000 price mark as the bulls have lost force over the last 24 hours. In the past day, the coin lost 1.3% of its value. Bitcoin price is consolidated under the tough resistance of $21,000. If BTC keeps maintaining a sideways movement, then the bulls could lose further…
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Reports Show Bear Market Didn’t Affect Crypto Fundamentals

Notably, the first half of the year brought the most drastic phase of crypto winter ever witnessed in the history of cryptocurrency. Coupled with the collapse of Terra and some crypto-related companies, the market was thrown into a state of crisis. However, a report from Fidelity Digital Assets implies that the crypto fundamentals remained unscathed…
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