The bearish setup sees Bitcoin price crashing to as low as $25,000. Bitcoin (BTC) could be forming a so-called “double top” pattern after falling by over 30% from its record high of $69,000, suggests Peter Brandt, a veteran trader known…
Kategorie: Crypto Flash News
NFT clone Punks: Right or wrong?
“Can someone explain to me why NFT clones are selling for so much? asked Redditor LittleDoofus a couple of months ago. NFT clones cash in on successful NFT collections by releasing similar or even identical copies of the art under…
Bitcoin jumps past $50K as US CPI data shows highest inflation in nearly 40 years
CPI data is in line with forecasts but still shows a huge spike, while the long-term consequences for Bitcoin are far from universally positive. Bitcoin (BTC) surged over $1,000 in seconds on Dec. 10 as the United States Consumer Price…
Crypto market eyes recovery ahead of key US inflation data release
The Asia Pacific and European markets slide in caution ahead of key U.S. inflation data. Growing inflation has become a mounting concern for nations around the world, especially the United States. The U.S. has seen one of the sharpest rises…
Bitcoin hovers near $48K ahead of fresh key US inflation data
Inflation marks just the start of some key macro decisions that could keep Bitcoin down for months, warnings indicate. Bitcoin (BTC) recovered above $48,000 on Dec. 10 after another fall took BTC/USD to lows of $47,350 overnight. BTC/USD 1-hour candle…
Russia prioritizes CBDC ruble as overall crypto outlook seems positive
What is the future of cryptocurrencies in Russia, and can a digital ruble really be introduced in the coming years? After the Chinese authorities introduced a complete ban on cryptocurrency transactions in September by equating them to illegal financial activity,…
Binance reportedly in talks to launch crypto exchange in Indonesia
Binance is reportedly in talks with the richest family in Indonesia regarding a new crypto venture. Binance, the world’s largest crypto exchange by trading volume, is reportedly in talks with Indonesia’s richest family, the Hartonos, to open a crypto exchange. …
Florida governor’s budget proposal wants to let residents pay fees in crypto
The new budget proposal also involves a blockchain pilot for vehicle registrations. Florida Governor Ron DeSantis has officially proposed the state government to allow businesses to pay state fees with cryptocurrencies like Bitcoin (BTC). The Republican governor announced the idea…
‘Mecca of mining’: Brazil considers zero tax on green bitcoin mining
Brazil’s congress heard several proposals endorsing a tax exemption on miners and promoting cryptocurrency to the status of a national currency. A new proposal in the Brazilian Congress calls for a tax exemption on both the importation of crypto mining…
Gamer-hate: Ubisoft’s new NFT project vid gets 96% dislike ratio
The top comment on Ubisoft’s YouTube video introducing its NFTs has more likes than the actual video, and slams the firm for “milking” money from its customers. French gaming giant Ubisoft Entertainment SA’s new nonfungbile token (NFT) project Quartz is…