Key Insights: Dubai court validates cryptocurrency for salary payments, signaling a shift in legal acceptance within the UAE’s financial ecosystem. IMF executives propose an 85% tax increase on crypto mining electricity costs…
Category: Bitcoin
US Inflation Cools to 2.2%—Will Fed Slash Rates and Boost Crypto?
Key Insights: July’s PPI inflation drops to 2.2%, raising hopes for a potential Federal Reserve rate cut in September. Core PPI remains unchanged, falling short of expectations, which could influence the Fed’s…
Price Analysis August 6th, 2024 – BTC, BNB, ETH, SOL, and DOGE
On Monday, Bitcoin dropped below the $50,000 mark as crypto traders panicked due to the Japanese stock market crash. Data published by CoinGlass showed that over 270,000 Bitcoin traders were liquidated, collectively…
Crypto Liquidations Hit $1 Billion as Bitcoin Plummets Below $50K
The crypto market has witnessed a massive dump in the last 24 hours, with liquidations reaching $1 billion. Over 278,000 traders who opened either long or short positions have been affected. Per…
Bitcoin Traders Suffer Liquidation as Coin Plummets Below $66,000
Over the past 24 hours, Bitcoin has seen a massive price correction, dropping by 4% to reach $65,894 as of this writing. The current price means BTC is trading at the same…
Price Analysis July 30th, 2024 – BTC, SOL, ETH, BNB, and DOGE
Bitcoin touched $70,000 on Monday but couldn’t grow further, signaling that the sellers were determined to defend the resistance level. However, investors are not worried about BTC crossing above the current all-time…
Price Analysis July 28th, 2024 – BTC, SOL, XRP, BNB, and ETH
After experiencing a short pullback at the start of the week, Bitcoin resumed its uptrend toward the $69,580 resistance on Friday, suggesting that the buyers have been purchasing every dip. According to…
Price Analysis July 23rd, 2024- BTC, SOL, BNB, ETH, XRP, and TON
Bitcoin has made a massive comeback over the past seven days, surging 12.3% to cross major resistance levels. The rally comes amid growing inflows into crypto investment products. CoinShares reported on Monday…
Price Analysis July 14th, 2024 – BTC, BNB, DOGE, ETH, and SOL
Bitcoin rebounded from the strong support of $56,686 on July 12th, signaling solid demand at lower prices. According to a report by onchain analytics firm CryptoQuant, institutional investors view the recent price…
Donald Trump Set to Speak at This Year’s Bitcoin Conference
According to data from the Bitcoin Conference’s website, former United States President Donald Trump will speak at this year’s conference. Trump, who will fly the Republican flag in November’s Presidential election, joins…
How to Purchase Bitcoin in Malaysia – A Comprehensive Guide
Bitcoin is the largest decentralized digital currency in the world, facilitating borderless transactions. Users adopt various ways to buy it based on their countries’ crypto policies. In this guide, we will discuss…