featured

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

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 […]

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

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

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

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

The SEC’s Deliberate Lack of Clarity in Crypto Regulation, According to U.S. Lawmaker

A Congressman's Accusations U.S. Congressman Tom Emmer has criticized the Securities and Exchange Commission (SEC) for its intentional policy of providing less clarity to the cryptocurrency market. Emmer claims that the SEC's actions are in violation of the law, leading to repeated losses in court. He also suggests that SEC Chair Gary Gensler has a

The SEC’s Deliberate Lack of Clarity in Crypto Regulation, According to U.S. Lawmaker Read More »

Peter Schiff Predicts Bitcoin’s Swan Song: A Comparison of Gold and Bitcoin Rallies

Introduction Europac's chief economist, Peter Schiff, has recently shared his insights on the market movements of gold and bitcoin. Schiff believes that the recent pullback in gold prices has created an opportunity for bitcoin prices to surge. However, he predicts that bitcoin will eventually collapse while gold prices will continue to rally. Bitcoin's Swan Song

Peter Schiff Predicts Bitcoin’s Swan Song: A Comparison of Gold and Bitcoin Rallies Read More »

Comparing Peaks: Bitcoin Hits 20-Month High, Other Cryptos Still Strive for Past Glories

Bitcoin's value has skyrocketed to levels not seen since April 6, 2022, and several other cryptocurrencies have also benefited from the surge of the leading cryptocurrency. However, despite experiencing significant increases in percentage gains, these digital currencies have yet to reach the peak values achieved during that period. From Then to Now: Bitcoin at 20-Month

Comparing Peaks: Bitcoin Hits 20-Month High, Other Cryptos Still Strive for Past Glories Read More »

The Indian Government Reveals 28 Registered Crypto Service Providers

The Indian government has recently disclosed that there are currently 28 crypto service providers registered with the country's Financial Intelligence Unit. Moreover, the Ministry of Finance has clarified that the anti-money laundering guidelines and reporting requirements are applicable to offshore cryptocurrency exchanges that cater to the Indian market. Government Provides Details on Registered Entities In

The Indian Government Reveals 28 Registered Crypto Service Providers Read More »

Bitcoin Technical Analysis: BTC Breaks $42K Resistance in Latest Bullish Swing

Bitcoin's Price Movements on December 4 On December 4, 2023, the price of bitcoin experienced significant fluctuations, ranging between $39,409 and $42,155 throughout the day. This surge in price allowed bitcoin to surpass the $42K mark, a level not seen since the Terra LUNA crash. Currently, bitcoin's market capitalization stands at approximately $813 billion, with

Bitcoin Technical Analysis: BTC Breaks $42K Resistance in Latest Bullish Swing Read More »

Skybridge Capital Founder Anticipates Wall Street Capital Inflow into Spot Bitcoin ETFs

Introduction Skybridge Capital founder, Anthony Scaramucci, has expressed his belief that once spot bitcoin exchange-traded funds (ETFs) are approved by the U.S. Securities and Exchange Commission (SEC), there will be a significant influx of capital from Wall Street. He expects major institutions to release their salesforces, resulting in over $100 billion flowing into bitcoin. Scaramucci's

Skybridge Capital Founder Anticipates Wall Street Capital Inflow into Spot Bitcoin ETFs Read More »

AI-Focused Cryptocurrency Sector Surges by $2 Billion in Less Than 2 Weeks

Introduction The AI-focused cryptocurrency sector has experienced a significant surge in value, with an increase of nearly $2 billion in just under two weeks. This growth has been driven by the impressive performance of the token bittensor (TAO), which has seen a staggering rise of 86.5% in the last fortnight. Strong Rebound in the AI

AI-Focused Cryptocurrency Sector Surges by $2 Billion in Less Than 2 Weeks Read More »