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Bitcoin was back in the green on Friday, with prices once again moving above the $17,000 level. Cryptocurrencies were mostly higher in today’s session, as prices rebounded from recent losses. Ethereum also surged earlier in the day, climbing closer to the $1,300 level. Bitcoin Bitcoin (BTC) climbed higher in today’s session, with the coin surging … Read more
What is stagflation, how to fight it with crypto and how are the cryptocurrency markets impacted by high inflation and economic downturn? Go to Source Powered by WPeMatico
On Dec. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combatting “energy-intensive” cryptocurrency mining operations. The bill introduced by senator Ed Markey (D-MA) alleges that crypto mining “strains the grid” and the industry “undermines U.S. climate goals.” 3 U.S. Bureaucrats Believe Crypto Miners Need to Report Carbon Emissions and … Read more
The cryptocurrency and mining law that the Paraguayan Congress passed in June was finally shelved on Dec. 5. The document, which sought to bring order to crypto mining and exchange activities in Paraguay, was ultimately dropped after failing to obtain the votes needed to reject the presidential veto it received. Paraguayan Crypto Law Dropped After … Read more
Bitcoin retains $17,200 after an overnight squeeze takes BTC price action to within reach of one-month highs. Go to Source Powered by WPeMatico
Litecoin fell for a third consecutive session on Thursday, as the token continued to move away from recent highs. Cryptocurrencies have been mostly lower in recent days, as traders continue to fear a global recession. Cosmos also remained in the red during today’s session. Litecoin (LTC) Litecoin (LTC) dropped to a ten-day low on Thursday, … Read more
Bitcoin continued to slip on Thursday, with the coin remaining close to its lowest level since the end of November. Momentum in cryptocurrency markets has shifted in recent days, with sentiment currently bearish. Ethereum was also lower, with the token dropping towards $1,200. Bitcoin Bitcoin (BTC) remained near a one-week low on Thursday, as cryptocurrencies … Read more
The United States and Vietnam score the best on “crypto maturity” in 2022, a new report determines. Go to Source Powered by WPeMatico
Bad times for the Grayscale Bitcoin Trust (GBTC) get even worse this week as its discount to BTC/USD approaches 50% for the first time. Go to Source Powered by WPeMatico
The current weakness in BTC and major altcoins shows that investor sentiment remains negative and that bears are active at higher levels. Go to Source Powered by WPeMatico