Author name: Peter

Bitcoin Technical Analysis: A Lull in Bullish Activity as BTC Enters Consolidation

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Bitcoin's market dynamics reveal a mixture of optimism and caution as it stabilizes near $43,654. Oscillators are currently in a neutral to bearish state, and moving averages indicate a robust buying trend. This creates a complex scenario for investors. Bitcoin The price of bitcoin is currently steadying at $43,654, fluctuating between $43,049 and $43,840. This […]

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Ethereum’s Trading Ends on a High Note: A Bullish Outlook for ETH

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Positive Signals from Oscillators On Friday, December 8, 2023, ethereum's trading concluded with a 4% rise, settling at $2,358. This jump was observed within a daily trading range from $2,245 to $2,385. Underlying this upward trajectory was ether's market cap of $283 billion, accompanied by a strong 24-hour trading volume of $26.75 billion. Oscillators and

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Defending The Undefendable: The Censoring Miner

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The Unjustly Vilified Heroes Prostitution, blackmail, slumlords, and Bitcoin miners who censor transactions may seem like unsavory characters, but they are actually heroes of the free market economy. Despite facing widespread scorn and outlawry, these individuals provide valuable economic services. To truly understand their heroism, we must remove the shackles imposed upon them by misguided

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El Salvador Introduces Exclusive Citizenship Through $1 Million Crypto Investment

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El Salvador's Bold Bid: Citizenship for Crypto Millionaires El Salvador has recently launched a new citizenship investment program called the "Freedom Visa." This program is open to a limited number of applicants and offers Salvadoran citizenship in exchange for a $1 million investment in bitcoin or tether. The "Adopting El Salvador Freedom Visa" Program El

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Brazil to Discuss Digital Currency Usage for Financial Transactions in G20

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Brazil to Discuss Digital Currencies as G20 President The government of Brazil will hold discussions on digital currencies and the potential benefits they can bring to financial transactions as part of the Group of the Twenty (G20). With Brazil assuming the G20 presidency on December 1, the country aims to leverage its position to drive

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The Anticipated Approval of Spot Bitcoin ETFs Drives Bitcoin Price Surge

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Insights into the Surge of Bitcoin's Price Yiannis Giokas, a senior director with Moody's Analytics, has provided insights into the factors behind the recent surge in bitcoin's price, highlighting the anticipated approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Moody's Analytics, a subsidiary of Moody's Corp. focusing on

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Brian Armstrong: Bitcoin Could Extend Western Civilization, Says Coinbase CEO

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The Role of Bitcoin in Western Civilization Brian Armstrong, the CEO of Coinbase, a leading crypto exchange based in the United States, believes that Bitcoin could play a significant role in extending Western civilization. In a recent post on X, Armstrong shared his thoughts on the potential impact of Bitcoin on the future of Western

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New Jersey Bill Proposes Classifying All Crypto Tokens Sold to Institutional Investors as Securities

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A new bill has been introduced in the state of New Jersey that aims to classify all cryptocurrencies issued and sold directly to institutional investors as securities. This is in contrast to the stance taken by the U.S. Securities and Exchange Commission (SEC), which has previously stated that bitcoin is not a security. However, SEC

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