Day: July 18, 2022

Bitcoin Price Eyes Fresh Increase To $22K, Why Dips Remain Supported

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Bitcoin started a steady increase above the $21,000 resistance against the US Dollar. BTC could rise further towards $22,000 if it stays above the $20,500 support. Bitcoin is slowly moving higher above the $21,000 resistance zone. The price is now trading above the $20,800 level and testing the 100 hourly simple moving average. There was a break above a short-term bearish trend line with resistance near $21,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bullish momentum if it clears the $21,500…

Bitcoin hodling activity resembles previous market bottoms: Glassnode

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The majority of Bitcoin has been “hodled” for at least three months in behavior bearing a striking resemblance to previous Bitcoin market bottoms, says blockchain analytics firm Glassnode. In a July 16 tweet, Glassnode noted that more than 80% of the total U.S. dollar (USD)-denominated wealth invested in Bitcoin has not been touched for at least three months. This signifies that the “majority of BTC coin supply is dormant” and that hodlers are “increasingly unwilling to spend at lower prices,” said the firm. Over 80% of the total USD denominated…

Paraguay’s crypto framework one step away from becoming law

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The Paraguayan Senate passed a bill on July 14 establishing a tax and regulatory framework for businesses operating in the cryptocurrency and the crypto mining sectors. The bill, introduced last July by Senator Fernando Silva Facetti and passed in Congress in May before reaching the Senate, calls for the formation of the Ministry of Industry and Commerce (MIC) to oversee crypto industry service providers. The bill is now one step away from being ratified as law by President Mario Abdo Benítez. A notice from Congress in May stated that the…

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US and UK to Deepen Ties on Crypto Regulation, Says British Regulator – Regulation Bitcoin News

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Britain’s top financial regulator, the Financial Conduct Authority (FCA), says the U.S. and U.K. will deepen ties on crypto regulation. “In the past, innovative firms would have been pleading for less regulation. Now they understand and appreciate that rules are there to help provide certainty,” said the British regulator. US and US to Strengthen Collaboration on Crypto Regulation The U.K. Financial Conduct Authority’s chief executive, Nikhil Rathi, outlined the FCA’s regulatory goals Wednesday at Peterson Institute for International Economics. “One area of global focus is crypto, both opportunities and risks,”…

[CONFIRMADO] BITCOIN EM ALERTA NESSE MOMENTO

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Instagram: AVISOS: LISTA DE ESPERA (CURSO): BATE-PAPO: A analise técnica de hoje é da criptomoeda Bitcoin BTC, listada na corretora Binance. Esse método de analise é uma maneira pouco conhecida por muitos e é um passo a passo que ajuda a ganhar muito dinheiro de forma simples e rápida. A criptomoeda Bitcoin BTC vem sendo bastante aplicada como busca de investimento para multiplicar o patrimônio financeiro (mais dinheiro) e dita por muitos com uma das criptomoedas mais promissoras para 2022 e para…

Blockchain & Crypto, Jawara Cuan Masa Depan

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cianjur Punya Harta Karun Nomor 2 Dunia, Baru Dipakai 9% Indodax sebagai platform jual beli aset kripto terbesar di Indonesia terus mendorong pengembangan ekosistem blockchain dan aset kripto di Indonesia. CEO Indodax, Oscar Darmawan menyebutkan perluasan pasar, perkembangan teknologi hingga meningkatnya minat investasi menjadi peluang bagi peningkatan aset kripto di Indonesia Seperti apa peluang dan tantangan investasi aset kripto di Indonesia? Selengkapnya simak dialog Dian Mirza dengan CEO Indodax, Oscar Darmawan dalam Profit, CNBC Indonesia (Rabu, 15/03/2022) Terus ikuti berita ekonomi bisnis…

Gary Gensler Outlines What to Expect From SEC on US Crypto Regulation – Regulation Bitcoin News

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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined what to expect from the securities watchdog on crypto regulation. “We do have robust authorities from Congress also to use our exemptive authorities that we can tailor investor protection,” he explained. Chair Gensler Highlights SEC’s Work on Crypto Regulation SEC Chairman Gary Gensler outlined what to expect from his agency on U.S. crypto regulation Thursday in an interview with Yahoo Finance Live. He was asked, “What can we expect from the SEC in the coming months…

Bitcoin Dips Below $21K; Why the Current Bear Market Differs From 2018

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“The environment in the current crypto ecosystem vastly differs from the heyday of ICOs in 2018. Market maturity has driven the need to establish stronger technological foundations to be laid which have enabled exchanges and DeFi protocols to provide a variety of products, with lending, bridging, and liquid staking abilities, to reduce price fluctuations,” Singapore-based Danny Chong, co-founder of DeFi protocol Tranchess, told CoinDesk. Original