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Category Archives: biden

Bitcoin has surpassed the total market cap Tesla and Facebook

Bitcoin Stronger Than Tesla And Facebook

Bitcoin’s latest price rebound has elevated the asset’s market capitalization to surpass key players from the traditional finance sector. With a market cap of slightly above $1 trillion, the asset is now valued higher than social media giant Facebook (NASDAQ: FB) whose capitalisation stands at $928 billion. Moreover, Bitcoin’s market cap is also above electric vehicle […]

Bitcoin is ready for $70k if sell-wall is scaled

Sell Wall On Bitcoin

Bitcoin (BTC) is clinging to $68,000 on Nov. 9 after traders declared it “clear for take-off” and ready to begin further price discovery. It’s a rush to beat out the competition among institutions, but serious resistance remains near new all-time highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin approaches “Great Wall of Finex” Data […]

NYC Mayor Might Just Be Allowing Businesses To Accept Crypto Payments

NYC Crypto scaled

Newly elected New York Metropolis NYC Mayor Eric Adams has revealed on Sunday that he’s “going to have a look at” how you can encourage companies to just accept crypto as a type of fee. This follows after he made headlines every week in the past for saying he’ll be taking his first three paychecks […]

Could BTC Breach $70K This Time?

btc rally 70k

Bitcoin price started a fresh rally above $65,000 against the US Dollar. BTC is showing positive signs and it could rise further towards $70,000. Bitcoin started a fresh increase above the $62,500 and $63,500 resistance levels. The price is now trading above $65,000 and the 100 hourly simple moving average. There was a break above […]

House passes $1T bill, a crypto tax for President Biden’s approval, what this means for November?

USA Crypto Biden Tax scaled

The infrastructure bill was first proposed by the Biden administration aimed at primarily improving the national transport network and internet coverage. The United States House of Representatives passed the $1.2 trillion bipartisan infrastructure bill, which if signed into law by President Joe Biden, would enforce new provisions in relation to crypto-tax reporting for all citizens. […]

Bitcoin bears are trying to keep BTC price below $62K

bears crypto

Bitcoin price dropped to $60,700 on Nov. 4 and bears are keen to pin the price under $62,000 to profit from Nov. 5’s options expiry. Bitcoin’s (BTC) 90% year-to-date gain was largely fueled by the United States Securities and Exchange Commission’s (SEC) recent exchange-traded fund (ETF) approval and in the first 48-hours of listing, ProShares’ […]

Altcoins are going up as Bitcoin and Ethereum hangs between support levels

crypto and altcoin

Altcoins like XYO, CRO and WNXM are capitalizing on BTC and ETH’s consolidation by moving higher. Price action in the crypto market has not been for the faint of heart over the past 48 hours and it’s clear that volatility following Bitcoin (BTC) and Ether’s (ETH) breakouts brought new all-time highs. While the top two […]

BTC demand is keeping up with increasing activity from whales this week

crypto whales

Bitcoin (BTC) is still seeing a supply squeeze despite a significant uptick in whale selling on exchanges this week. As confirmed by on-chain monitoring resource CryptoQuant on Nov. 5, whales have accounted for the vast majority of selling pressure in recent days. Whale coins find a new home A familiar event but with curious timing — large-volume holders […]

The Metaverse, will it be a decentralized haven?

meta and crypto

Facebook rebranded to Meta and announced its plans to kickstart the development of the Metaverse — an entirely new way of interacting and navigating the internet. Now, the Metaverse landscape has a multi-billion dollar corporate behemoth vying for the helm, which has made its future all the more uncertain. Whether we like it or not, major […]