Bitcoin SV Price Prediction for Today, October 10: BSV/USD Faces Rejection at $50

The Bitcoin SV price prediction failed to cross above the upper boundary of the channel as the coin aims to touch the low of $45 support. Bitcoin SV Prediction Statistics Data: Bitcoin SV price now – $48.8 Bitcoin SV market cap – $935.5 million Bitcoin SV circulating supply – 19.1 million Bitcoin SV total supply …

Hedge Fund Veteran Mark Yusko Doubles Down on $250,000 Bitcoin Prediction Despite Steep Correction – Here’s Why

The managing partner of cryptocurrency hedge fund Morgan Creek Digital is not backing down on his big Bitcoin (BTC) prediction. In a new Altcoin Daily interview, crypto trader Austin Arnold asks Mark Yusko if his prediction from last year that Bitcoin could hit $250,000 in half a decade still stands. According to the hedge fund …

European Authorities Want To Monitor Ethereum (ETH) Network Using New Automated System

The European Commission is interested in using an automated system to monitor and track the Ethereum (ETH) network. According to a new Tenders electronics daily (TED) service notice, the EU commission is launching a proposal to study decentralized finance (DeFi) monitoring through “embedded supervision.” The proposal suggests, “A pilot project to develop, deploy and test a …

Circle CEO Jeremy Allaire Says JPMorgan and Traditional Finance Threatened by Idea of Full Reserve Banking

The chief executive of the company behind USD Coin (USDC) says that traditional financial institutions are feeling vulnerable to the idea of full-reserve banking systems. In a new discussion with Shark Tank investor Kevin O’Leary, Circle CEO Jeremy Allaire says that blockchain is much more efficient than the systems used by banks to move and …

Cardano (ADA) Forming Huge Bearish Pattern, According to Legendary Trader Peter Brandt – Here’s His Target

Legendary trader Peter Brandt says that Cardano (ADA) is forming a technical pattern that suggests a big downside price movement for the Ethereum (ETH) rival. Brandt tells his 676,000 Twitter followers that Cardano is trading within a descending triangle pattern and forecasts a potential 42% drop in the price of ADA. “The ADA/USD chart is …

OECD releases framework to combat international tax evasion using digital assets

The OECD said it planned to present the Crypto-Asset Reporting Framework to a meeting of G20 finance ministers and central bank governors on Oct. 12-13. The Organisation for Economic Cooperation and Development, or OECD, has published a framework aimed at having tax authorities achieve greater visibility on crypto transactions and the users behind them. In …

Price analysis 10/10: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB

Legacy markets continue to negatively impact Bitcoin price, but a positive sign is that the bulls have not allowed BTC to retest its June low. The United States equities markets have started the week on a weak note as investors remain unconvinced that the Federal Reserve will pull back its aggressive monetary policy. The Nasdaq …

New hashprice-based derivatives instrument gives Bitcoin miners another way to hedge

Better luck next time? Luxor’s OTC Bitcoin mining derivatives could offer miners “a much needed tool to hedge their mining operations.” Hedging against downside has always been a challenge for Bitcoin BTC miners, and the current bear market is a perfect example of how energy prices and crypto market volatility can negatively impact miners’ profit …

European Parliament Committee passes MiCA crypto framework in landslide vote

Members of the committee passed the crypto framework policy in a vote of 28 in favor and one against, with a final vote expected with the full Parliament soon. Policymakers with the European Parliament Committee on Economic and Monetary Affairs, or ECON, have approved the Markets in Crypto-Assets framework following a vote from the European …

Bitcoin Struggles at $20,000 After Binance Hack, BNB, CSPR, FTT, Oct. 10

BTC is stuck below $20k after U.S. jobs number. BNB weaker after $570m Binance hack. CSPR leads the gainers this week. FTT signs VISA deal. BTC The Bitcoin price was around 1.5% higher this week but the coin failed to take control of the $20,000 level. That could spell danger for the bulls as this was …

Price Prediction For October 10: MIOTA, LDO, CHZ, QNT and ETC

In various cryptocurrency markets, there have been numerous speculative trends in which the bears are the ones in control. The price structure of the coins is currently shifting lower as more plunges are now seen. However, the bulls present in the market are unwilling to fight back for their place. The Chiliz, Ethereum Classic, and …

Tamadoge Price Prediction for 10th of October: TAMA Takes New Base for Another Upward Breakout

After the price rises from the $0.0404 level to $0.0426, the market goes flat at this point with very tight proximity between the support level and resistance level. At this point in the TAMA market, the bulls are gathering strength in preparation for a new upward trend.  Tamadoge Market Price Statistic: TAMA/USD price now: $0.0425 …

Ethereum Name Service Price Prediction for 10th of October: The Bulls’ Market

With an engulfing candle pattern, the Ethereum Name Service took up a bullish trend on the 3rd of October and continued with a strong momentum until the 6th of October when selling pressure for the day paused the bullish progress. But the bulls took up the market again and the price trended up. In today’s …

Portugal To Introduce 28% Crypto Tax In 2023 Budget

Summary: Authorities plan to introduce a tax on digital assets gains starting in 2023. Bloomberg reported that Portugal’s budget for next year includes a 28% crypto gains tax on virtual currencies held for less than 12 months. Crypto acquired and held for longer than a year will continue to enjoy a tax exemption. Portuguese lawmakers …

Maker Price Prediction for 10th of October: MKR/USD Market is Hyperbullish

It all started on the 22nd of September with a bullish engulfing candle pattern and it continued daily, attaining new heights as it progressed. However, at some points in the Maker market, it ranged sideways due to bearish resistance. After the brief stop, it continued again to the upside with very strong momentum. The interest …

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