In what could be a big win for the local crypto industry, South Korean lawmakers are close to delaying taxation on digital assets for another year. Representatives from the Tax Subcommittee in the National Assembly, South Korea’s legislative body, reached a bipartisan agreement on Nov. 29 by approving an amendment that could postpone the crypto …
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Crypto analyst Justin Bennett says that December could bring rallies to the digital asset markets, with Ethereum (ETH) and Dogecoin (DOGE) potentially at the forefront. The analyst tells his 91,000 Twitter followers that the dollar index (DXY), which compares the USD to a basket of other fiat currencies, is flashing a bullish signal for the …
Popular crypto strategist and trader Michaël van de Poppe is looking at two altcoins that he says are potentially flashing reversal signals. In a new strategy session, Van de Poppe tells his 149,000 YouTube subscribers that Litecoin could be forming a bullish higher-low setup against Bitcoin (LTC/BTC) at 0.0033 BTC or $190.38. “Even Litecoin might …
The $4,700 Bitcoin (BTC) price spike on Nov. 29 was likely a great relief for holders, but it seems premature to call the bottom according to derivative metrics. This should not come as a surprise because Bitcoin price is still 15% below the $69,000 all-time high set on Nov. 10. Just 15 days later, the …
Continue reading “Wen moon? Data shows pro traders becoming more bullish on Bitcoin price”
The cryptocurrency market saw a boost in sentiment after the price of Bitcoin (BTC) surged above $58,000 in a long-awaited move that rejuvenated traders who have been anxiously waiting for a resumption of the uptrend. BTC/USDT 4-hour chart. Source: TradingView Here’s a look at what analysts and traders are saying about Nov. 29’s price action …
Continue reading “3 reasons why traders expect Bitcoin to retake $60K before November ends”
The Federal Reserve Bank of New York has announced it will be partnering with the Bank for International Settlements Innovation Hub as part of the launch of its New York Innovation Center, an initiative aimed at exploring technology used to develop the global financial system. In a Monday speech for the opening of the New …
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As an EEA member, Datachain is part of the EEA community of organizations working to advance Ethereum and drive industry adoption. In the Q&A below, the EEA interviewed Founder and CEO Tetsushi Hisata about how Datachain is contributing to the ecosystem to help Ethereum reach its full potential. Please introduce your company and yourself briefly. …
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Binance boss Changpeng Zhao (CZ) said France stands out as a “natural choice” to locate a regional or even global headquarters. “France will be a natural choice for a regional, and even perhaps global, head office.” Speaking to the French financial media group Les Echos, CZ talked about the challenge of setting up physical locations …
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Jack Dorsey, the founder of Twitter, announced that he will be stepping down as the CEO of the company, effective immediately. According to a statement published on Monday, Dorsey will be ceding his position to the company’s chief technology officer Parag Agrawal. Twitter to enter 2022 without Dorsey Dorsey said that his trust in Agrawal …
Continue reading “Twitter’s share price jumps as Jack Dorsey steps down as CEO”
This Friday, Edward Snowden will be appearing at BlockDown: DeData, a virtual conference fully dedicated to the challenges and alternatives of ownership and consent in this new era where data is the most sought-after commodity. The former American former computer intelligence consultant, famous for leaking highly classified information from the National Security Agency in 2013 …
Microstrategy has purchased 7,002 more bitcoins, growing its cryptocurrency stash to 121,044 coins. CEO Michael Saylor says, “Bitcoin is the only property you can truly own, as well as the first technology capable of granting property rights to everyone on earth.” Microstrategy Now Has 121,044 Bitcoins in Its Treasury The Nasdaq-listed company Microstrategy has purchased …
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press release PRESS RELEASE. EverRise, the DeFi project that introduced the concept of buybacks in cryptocurrency, is going live with an upgraded version 2 contract on Monday, November 29th at 11:00 pm UTC. The new RISE token will be available on the Binance Smart Chain, Ethereum, and Polygon networks through PancakeSwap, UniSwap, and QuickSwap, respectively, …
Google has warned users about the use of its Google Cloud platform by malicious actors to mine cryptocurrencies. In its latest Cloud Threat Intelligence report titled “Threat Horizons,” which provides users with security insights, the company informed that 86% of the compromised instances on Google Cloud platforms were being used to mine cryptocurrencies. Most of …
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This month, the price of bitcoin sank below the $60K zone this month after reaching an all-time high (ATH) at $69K per unit. The pseudonymous bitcoin analyst and the creator of the bitcoin price model called stock-to-flow (S2F), Plan B, called the last three months of bitcoin prices correctly but the analyst’s “worst-case scenario” forecast …
A former Citigroup executive is shaking up the crypto investment space with a $1.5 billion venture, partnering with a leading layer 1 altcoin project. Hivemind Capital Partners is an investment firm founded by Matt Zhang, a 14-year Citigroup Inc veteran. In a press release, Zhang announces Hivemind’s mission to provide solutions to early blockchain entrepreneurs through …
