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Biden Pledges to Eliminate Tax Loopholes for Crypto Traders — Vows to Make US Tax System Fair
30.6.2023
U.S. President Joe Biden has promised to make the federal tax system fair by eliminating loopholes for crypto traders and hedge fund managers. He aims to “achieve tax code fairness” by “ensuring that the burden is shared by the wealthy, super-wealthy, and large corporations while...
Bitcoin traders say BTC price will soon break beyond $31K yearly highs
29.6.2023
BTC price sideways trading is not dampening the optimism of Bitcoin traders prior to a giant options open interest expiry
Biggest Movers: SHIB, MATIC Fall 5% Lower on Wednesday, Hitting 1-Week Low
28.6.2023
Shiba inu was down by as much as 5% on Wednesday, as the meme coin slipped to a one-week low in today’s session. Market uncertainty has heightened in recent days, following the news that Prime Trust has been placed into receivership. Additionally, traders’ nerves increased ahead of Federal...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Below $31,000 Following Prime Trust Liquidation
28.6.2023
After briefly rising above $31,000, bitcoin consolidated on Wednesday, as bulls moved to secure recent gains. The uncertainty came as crypto custodian Prime Trust entered receivership, after being found to be illiquid by authorities. Ethereum also declined, once again falling below $1,900. Bitcoin...
Dubai Regulator Unveils Schedule of Fees for Virtual Asset-Related Activities
28.6.2023
The Dubai Virtual Asset Regulatory Authority (VARA) recently announced the schedule of fees “covering the issuance of no-objection certificates to proprietary traders, amendments or withdrawal of licence applications, and the submission of whitepapers for VARA review.” According...
Biggest Movers: BCH Hits 1-Year High, as EDX Markets Rally Intensifies
27.6.2023
Bitcoin cash rose to a one-year high on Tuesday, as traders continued to buy the token following last week’s EDX markets listing. The newly formed exchange, which is backed by the likes of Citadel, Sequoia Capital and Fidelity, listed the coin in its offering. Litecoin was another token...
Blur, Arbitrum Lead Altcoin Surge as Traders Anticipate Bull Run
27.6.2023
A series of decentralized finance and NFT-related altcoins have posted double-digit gains over the past week as capital begins to flow from larger assets like bitcoin (BTC) and ether (ETH) to more speculative bets like blur (BLUR) and arbitrum (ARB)
Biggest Movers: DOGE, SHIB Slip on Monday, as Traders Capture Recent Gains
26.6.2023
Dogecoin dropped by nearly 3% on Monday, as traders began to take profits following last week’s gains. Cryptocurrency largely consolidated to start the week, with the global market cap down 0.64% as of writing. Shiba inu was another coin to move lower today. Dogecoin (DOGE) Dogecoin (DOGE) was...
Bitcoin surfs $30K as traders hope US trading will boost BTC price
26.6.2023
BTC price performance goes sideways but Bitcoin bulls retain $30,000 as support after the weekly close
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $31,000, After Becoming Overbought
26.6.2023
Bitcoin fell below $31,000 to start the week, as traders seemingly moved to secure gains, as the cryptocurrency became overbought. The relative strength index (RSI) rose to its highest point since January, prompting bears to reenter the market. Ethereum also declined, falling below $1,900. Bitcoin...
Crypto Traders Eye $6.8B Bitcoin and Ether Options Expiry
26.6.2023
Dealers are stuffed with record negative gamma in BTC. With only a little move in the spot price, "we could witness fireworks," one observer said
Bitcoin trades above $30K, boosting traders’ interest in ETH, ARB, VET and STX
25.6.2023
Bitcoin and Ether’s recovery has improved traders' sentiment, which could trigger buying in ARB, VET, and STX
Bitcoin, Ethereum Technical Analysis: BTC Stays Above $30,000, Despite Traders Moving to Secure Recent Gains
23.6.2023
Bitcoin consolidated around the $30,000 level on Friday, as traders attempted to maintain bullish sentiment following recent gains. The world’s largest cryptocurrency briefly dropped below this point earlier in the day, before bulls swept in to buy the dip in price. However, ethereum fell...
Bitcoin traders eye $28K retracement as BTC price retains 20% gains
22.6.2023
BTC price could be in line for a dip of around $2,000 after days of straight upside, with Bitcoin buyers lying in wait
Bitcoin's Price Bump to $30K Sees Short Traders Nurse Biggest Loss in 2 Months
22.6.2023
“Bitcoin’s rally is part of a larger trend signaling a shift towards bitcoin as a distinctly strong and established store of value,” one investor said
Raft’s R Stablecoin Surges as Traders Embrace Liquid Staking Ether Products
21.6.2023
While Raft is centered around its R stablecoin backed by Lido’s stETH, the team has had ongoing conversations about introducing RAFT, an additional token intended to empower community members and help decentralize the protocol
Cardano, Ether Surge as Bitcoin-Led Rally Sees Short Traders Lose $125M
21.6.2023
Crypto market capitalization rose 5% likely as sentiment rose on the back of two institutional bitcoin plays in the past week
Fed rate pause triggers traders’ pivot to stocks — Will Bitcoin catch up?
19.6.2023
U.S. stock markets hit year-to-date highs, the Fed pauses rate hikes, Binance.US and the SEC reach an agreement, but data shows Bitcoin bulls remain somewhat skittish
Kenyan President Ruto Doubles Down on De-Dollarization Call — ‘We Just Want to Trade Much More Freely’
17.6.2023
Kenyan President William Ruto has repeated his call on African countries to consider ditching the U.S. dollar when settling cross-border trades. The Kenyan leader claimed that the African continent already has a mechanism that enables the seamless settling of transactions between traders. Further...
Bitcoin Price Outlook for June
16.6.2023
Halfway through June, crypto markets have been rocked by several macro factors, which have brought bears to return to action. Bitcoin has moved below $25,000 for the first time since March, as the Security and Exchange Commission (SEC) sued both Binance and Coinbase. The Federal Reserve has also...