Cryptocurrency advocates and those curious about it are suddenly discovering that asset management giant Fidelity will start allowing investors to deposit bitcoin in their 401 (k) retirement savings accounts. From a tax perspective, this seems an easy way for individuals to gain access to this emerging asset class in a favourable way. However, there are …
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The Central African Republic has reportedly become the second country in the world, after El Salvador, to adopt Bitcoin as legal tender. The National Assembly of the Central African Republic has unanimously approved a bill to make Bitcoin legal tender, according to Forbes Monaco, which is owned by Forbes Media. The draft bill, submitted by …
El Salvador is the latest country to adopt Bitcoin as legal tender Read More »
BTC price still did not close up, a week of trend forming high fall; This price in the middle, are small periodic motion, all rise fall belong to shock, not out of a clear trend of rise or fall, still is given priority to with watching in the performance of the late, as for the …
Bitcoin hovering around 40,000 points, meaning what? Read More »
As pressure mounts on regulators, things are looking up for the largest U.S. institutional Bitcoin product by asset holdings. Data from on-chain monitoring resource Coinglass confirms that, as of April 21, the Grayscale Bitcoin Trust (GBTC) is rebounding toward its 2022 high. Greyscale CEO: It's not 'if', it's 'when' for us Bitcoin spot ETF After …
A number of Bitcoin ETFs are set to start trading in Australia as regulators give final approval to products that can invest directly in digital assets. Cosmos Asset Management says it is preparing to launch the Cosmos Purpose Bitcoin Access ETF in the coming days. It will invest in Purpose Bitcoin ETF. "We expect to …
Will a Bitcoin ETF launch in Australia next week still make money? Read More »
As gold tested $2,000 overnight, traders warned that bitcoin could fall to $30,000 within two weeks. The price of gold has surged more than 9% since the start of the year, with COMEX gold once again breaching the $2,000 mark in U.S. trading on Monday amid geopolitical crises and global stagflation fears, before quickly falling …
The precious metal was in the spotlight after The Easter weekend, when bitcoin dropped below $40,000. Bitcoin (BTC) is poised for a rebound, but could still fall all the way to $30,000 by May, a new analysis warned On April 18. BTC/USD one-hour candle chart (Bitstamp). Source: TradingView $30,000 dive is April's 'risk' Data from …
Bitcoin could fall to $30,000 in 2 weeks as gold rises to a high of $2,000 Read More »
Investor interest in bitcoin has waned, with trading volume on exchanges at its lowest level since August. As interest rates have risen, an interesting thing has happened in the bitcoin market: trading volumes have plummeted. Market watchers are now grappling with the implications and trying to understand what a less loose monetary policy means for …
With interest rates rising, bitcoin's risk-reward ratio is no longer sweet? Read More »
Bitcoin is still struggling below $41,500. BTC still faces more downside risks below the $39,000 support area. Bitcoin is showing bearish signs below $40,500 and $41,500. Prices are now below $40,500 and the 100-hour simple moving average. A key bearish trendline has formed on the hourly chart of the BTC/USD pair, with resistance around $40,180 …
The whole April currency circle is not peaceful, after two consecutive sharp falls on April 6, April 11, today came a sharp decline, a week washing dish has become a rule. So far, BTC has fallen as much as 16% in the whole of April. The performance of the entire currency circle is like a …
Bitcoin below 40000 dark attack, after all, or to take that step? Read More »