Banks in Ireland have welcomed an upcoming reform of the European Union’s anti-money laundering regulations that will affect the crypto space. The Irish banking industry organization voiced support for the changes aimed at disrupting illicit transactions at the union level while calling them “radical.” New AML Body to Weed Out Suspicious Transactions in the EU, …
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The senior commodity strategist at Bloomberg Intelligence, Mike McGlone, has been long on bitcoin for a while now and he said last month that bitcoin has a “bullish ace up its sleeve.” This week the strategist’s analysis notes that bitcoin prices will likely revert toward the $60K handle in contrast to the $20K support range. …
A top crypto trader is discussing the key levels Bitcoin must conquer to signal a true recovery. In a new series of tweets, the crypto analyst known in the industry as Altcoin Psycho says that he is wary of Bitcoin’s recovery this weekend – even as Bitcoin surpasses $34,000 on Saturday. ADVERTISEMENT “No need …
Sydney, Australia The new NFT marketplace NFT STARS has announced the auction of the audio-visual artwork titled “NFT 256 WORLDS“. The visual aspect was created by an artistic collective by the name NFT 256, and a famous Russian musician took part in the creation of the original soundtrack for the drop. The auction starts on July …
The largest decentralized exchange (dex) platform, in terms of trade volume, Uniswap has revealed the dex has removed a number of tokens from the platform interface. The community assumes the tokens could be deemed securities by global regulators. Uniswap users can still swap these tokens via accessing specific smart contracts themselves, as the company behind …
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While some Salvadorans situated near Playa El Zonte beach like the new bitcoin tender law implemented by Nayib Bukele’s regime, a number of other citizens dislike the law. This week, regional reports show citizens from El Salvador have taken to the streets to protest the bitcoin tender law. Salvadoran Protestors Say Bitcoin Is ‘Too Volatile’ …
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The ongoing story for the past couple of months in the cryptocurrency market has been confusion on whether Bitcoin (BTC) is destined for another leg down or is finally ready to break out toward new highs. Bitcoin’s price history and data from previous corrections suggest that the current struggles for the top cryptocurrency could persist …
Continue reading “3 reasons why Bitcoin price has not been able to rally back above $40K”
Traders tend to focus too much on timing the right entry to a trade, but very few focus on developing a strategy for exiting positions. If one sells too early, sizable gains are left on the table and if the position is held for too long, the markets quickly snatch back the profits. Therefore, it …
Continue reading “This classic trading pattern signaled that Bitcoin price had hit a top”
Top crypto analyst and trader Michaël van de Poppe is discussing key Bitcoin (BTC) price levels as the flagship cryptocurrency consolidates above $33,000. In a new video, Van de Poppe says that although Bitcoin appears to be in a slight bullish period, especially in the wake of news that Tesla and SpaceX hold BTC on …
On Crypto Twitter, a surge of attention directed at a coin often comes in response to dramatic price action. Quite naturally, rallying assets attract the attention of traders and take over Twitter conversations, which can also create positive feedback loops that further prop up the momentum. This is exactly what happened with some of the …
Continue reading “Powered by the people: 3 altcoins whose tweet volume spiked before a strong rally”
Bitcoin Price Prediction – July 24 The Bitcoin (BTC) is ready for a major bounce as the coin moves above the $34,000 level to reclaim the upside. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $38,000, $40,000, $42,000 Support Levels: $31,000, $29,000, $27,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is now …
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Bitcoin (BTC) In a Decisive Move As Bitcoin Retakes Lost Ground– July 24, 2021 BTC/USD – Daily Chart Buy Bitcoin Now Bitcoin’s (BTC) price rebounded and it is approaching the high of $34,000. On July 20, BTC’s price consolidated above the $29,400 support as bulls bought the dips. This propels the king coin to have …
Crypto mining hardware manufacturer Bitmain has partnered with Enegix to host Antminer S19 Pro devices in one of the world’s largest data centers. The facility located in Kazakhstan is designed to accommodate more than 50,000 mining rigs. Bitmain to Work With Mining Facility Operator Enegix Leading mining equipment producer Bitmain has announced a partnership with …
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A leading convenience and fuel retailer, Circle K, is deploying bitcoin ATMs in its stores across the U.S. and Canada. More than 700 machines operated by Bitcoin Depot have already been installed. “As one of the world’s leading convenience and fuel retailers, Circle K is the first major retail chain to deploy bitcoin ATMs within …
Price Increases Pace – July 24ETH/USD price increases the pace of rising, having been able to breach the point at $2,000. The crypto-financial book records a positive percentage rate of about 1.79 to trade around the line of $2,164. Price Increases Pace ETH MarketKey Levels:Resistance levels: $2,500, $3,000, $3,500Support levels: $2,000, $1,750, $1,500 ETH/USD – …
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