Bitcoin (BTC)

Miami’s mayor – Francis Suarez – announced his withdrawal from the US Presidential race without providing an exact reason for his decision. He is known as an outspoken proponent of bitcoin who has invested some of his wealth in the primary digital asset. Suarez also became the first American politician to receive his salary in BTC instead of fiat currency. One of the Pro-Crypto Republicans Calls it Quits Suarez disclosed on X (Twitter) that he will no longer pursue the goal...

Bitcoin’s price surged yesterday, bouncing from a critical support level. The surge came following the Grayscale news. However, a bearish continuation is still possible if the price remains below the 200-day moving average. Technical Analysis By Edris The Daily Chart On the daily chart, the price has finally demonstrated some bullish price action after finding support at the $25K level. The 200-day moving average, located around the $27,500 mark, is currently being tested. A...

Robert F. Kennedy Jr. – a democrat hopeful who’s thrown his hat into the 2024 presidential ring and who’s hoping to take the nomination from Joe Biden – has stated he wants to get rid of crypto capital gains taxes should he win the White House next November. Robert Kennedy Providing More Support for Crypto Kennedy has come out many times over the past several months and shared his ongoing thoughts regarding crypto, which he seems to greatly respect, but there is...

Solana price started a decent increase above the $20.80 resistance against the US Dollar. The price is now trading above $20.50 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $20.75 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $22.00 and $22.40 to continue higher in the near term. Solana price is trading above $21.00 against the US Dollar, similar to...

Bitcoin price started a recovery wave above the $26,500 resistance against the US Dollar. The price is now trading above $26,800 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $28,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $28,000 resistance zone. Bitcoin price is recovering above $26,500 against the US Dollar. BTC might extend its...

The U.S. Court of Appeals for the D.C. Circuit has released its full letter explaining its decision to rule in Grayscale’s favor in its lawsuit with the Securities and Exchange Commission (SEC). The decisive 3-0 victory for the company is based on the SEC’s “unreasonable” justification for favoring futures ETFs over spot products, and its inability to provide evidence for its claims. Grayscale’s Victory Explained Per the court’s decision on Tuesday, the SEC “failed to...

ulletin d’information hebdomadaire Bitcoin Optech du 23 août 2023 traduit par@copinmalin. Cette semaine, le bulletin décrit les preuves de fraude pour les sauvegardes obsolètes et comprend nos sections régulières décrivant les mises à jour des clients et des services, les nouvelles versions et les versions candidates, ainsi que les changements apportés aux principaux logiciels d’infrastructure...

Though many doubted their odds, Grayscale has defeated the Securities and Exchange Commission (SEC) in court, bringing the U.S. market one step closer to approval of a Bitcoin spot ETF. Going into its lawsuit, certain legal and market experts saw Grayscale’s victory as quite likely: Here are just a few of them Why Grayscale’s Victory Was Assured Back in June, Bloomberg Intelligence Senior Legal Analyst Elliot Z. Stein afforded Grayscale a 70% chance of winning its lawsuit...

Is Elon Musk going to bring crypto payments to X? In a Monday filing, the tech billionaire’s social media platform secured the Rhode Island Currency Transmission License, which is crucial for offering such services within the state. Dogecoin On X? The approval, confirmed by the Nationwide Multistate Licensing System (NMLS), comes after X (formerly Twitter) began applying for money transmitter licenses in every required U.S. state last month. In the United States, money...

According to Bloomberg Intelligence, the highly-anticipated launch of a spot Bitcoin exchange-traded fund (ETF) in the United States could occur right before Labor Day (September 4). The entity said that the US Securities and Exchange Commission (SEC) is expected to respond to several applications from BlackRock, Bitwise, WisdomTree, VanEck, and Invesco in the following days. The agency has the option to approve, reject, or delay the filings. More Clarity Before the Week’s...