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Bitcoin – Page 478 – DIGIT INFO

Cryptocurrencies Affect Central Bank Tasks, Dutch Monetary Authority Says, Urges Global Regulation

Convinced that cryptocurrencies are affecting the tasks performed by monetary authorities around the world, the Dutch central bank has urged for comprehensive international regulations. The call comes after research into the development of crypto assets and policy responses. ‘Proper Regulation Indispensable for Risky Cryptos,’ Dutch Central Bank Insists Bitcoin, tether, and other digital coins are … Read more

Bitcoin and Ethereum Markets Show Significant Bearish Price Action

Bitcoin, Ethereum, BNB, XRP, and most other cryptocurrencies are showing significant bearish price movements this Tuesday. After a great start earlier this month and sideways trading last week, it seems the bears are again taking over the markets, pushing the global crypto market cap below $1 trillion. Let’s look at relevant Bitcoin, Ethereum, and market … Read more

Commodity Strategist Mike McGlone Says BTC, ETH Appear to Have ‘Completed the Bulk of Their Drawdown’

Bloomberg Intelligence senior commodity analyst, Mike McGlone, recently wrote that “cryptos could regain [an] edge” when he discussed bitcoin and ethereum in a report published on Bloomberg’s terminal on Nov. 3, 2022. McGlone detailed that volatility in bitcoin and ethereum has dropped to low levels in comparison to traditional assets, and this trend could “tilt … Read more

The US Government Holds Over 214,000 Bitcoin, Fed’s Stash Equates to More Than 1% of BTC’s Supply

United States law enforcement officials announced on Monday that the U.S. Department of Justice (DOJ) seized “approximately 50,676.17” bitcoin from a Silk Road thief. The latest seizure adds to the cache of bitcoins the U.S. government holds today as three forfeitures during the last two years have led to a stash of around 214,682 bitcoin … Read more

Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit 2-Week Lows, Ahead of US Midterms 

Bitcoin fell below $20,000 on Tuesday, as markets prepared for the U.S. midterm elections. Cryptocurrencies were swept by a red wave today, as some Democratic investors expect that American voters will also be favoring such a wave in the political arena. Ethereum also moved lower, dropping below $1,500 for the first time in two weeks. … Read more

Brazilian Tax Authority RFB Registers New Record of Almost 1.5 Million Brazilians Investing in Crypto in September

The Brazilian Tax Authority RFB registered a new record in the number of Brazilians that invested in crypto, in the month of September. The institution informed through its monthly reports that almost 1.5 million people had purchased crypto during Sept. The number of crypto investors in Brazil increased since August when a little more than … Read more

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