Breaking Point: Bitcoin Fate Hangs On $25,400 Support, $20,500 Looms As Poten...
Bitcoin (BTC), the leading cryptocurrency in terms of market capitalization, is displaying persistent indications of an ongoing downtrend. Currently oscillating between the $26,000 level and the $25,800 mark, it is edging closer to a crucial support level at $25,400. The significance of this threshold cannot be overstated for BTC bulls, as it holds the potential to halt the ongoing decline. Bitcoin Faces Crucial Levels, Analyst Warns Of Potential Dip Bitcoin finds itself at a critical juncture as it tests a crucial support level, according to renowned crypto analyst Ali Martinez. The....
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In a dramatic courtroom exchange, Judge Lewis Kaplan and the defense team representing former FTX CEO Sam Bankman-Fried (SBF) discussed trial preparation challenges and looming deadlines today. The proceedings shed light on the defense’s alleged difficulties in handling the case from within Brooklyn’s Metropolitan Detention Center (MDC) walls. At the same time, the judge offered […]
CTIF_Blurred. Bitcoin needs legal certainty. Bitcoin's fate in Europe is uncertain. The Wild Wild West days of Bitcoin are coming to an end in Europe. Regulation and taxes are looming and this is not necessarily a bad thing. Here's the catch: Some European countries have not yet decided what to do at a national level, let alone at an EU level. Entrepreneurs and private individuals are left in the dark be it for complying with the law when setting up a business or filing their tax forms. Finland and Norway want to treat Bitcoin as an asset with capital gain tax. Denmark's watchdog....
Donald Trump will confirm his intention to halt further financial regulation in the US until “significant growth” occurs. Trump Slams ‘Record-Breaking Pace’. In his forthcoming economic speech in Detroit later today, the Republican nominee will criticize the Obama administration’s “record-breaking pace of new regulations, tax increases, restrictions on....
Bitcoin refuses to dip to even its $42,000 February all-time highs, but familiar resistance higher up looms large. Bitcoin (BTC) neared a critical breakout point on Aug. 19 as bulls sought to transform this week's downtrend into a battle for resistance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuyers and sellers close in on BTCData from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it repassed $45,000 on Thursday, climbing to highs of $45,490 on BitsThe move came on the back of United States bank Wells Fargo revealing that it had partnered with NYDIG to....