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Bitcoin (BTC)

Australia’s ASIC Is Seeking to Regulate Crypto

The Australian Securities and Investments Commission (ASIC) is expanding its digital currency team and says it’s looking to impose more regulation on crypto assets and their respective users, thus making it hard to sell digital currencies within Australia. ASIC Is Going to Be Tough on Crypto Under the new rules, all digital currencies would be classified as “financial products.” The decision comes after Ethereum – the world’s second largest digital currency by market cap...

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Bitcoin Cash Analysis: Can Bulls Clear This Key Hurdle?

Bitcoin cash is attempting a fresh increase from the $102 zone against the US Dollar. The price is now trading below the $115 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $112 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $112 and $115 to continue higher in the near term. Bitcoin cash price is climbing above $110 against the US Dollar, similar to bitcoin....

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Michael Saylor’s Wish for Bitcoin Accounting Changes Has Arrived

The Bitcoin-loving billionaire Michael Saylor has spent months pushing for rule changes surrounding cryptocurrencies and their accounting procedures. On Wednesday, was finally granted his wish.The Financial Accounting Services Board (FASB) has agreed to adopt fair value accounting procedures for digital assets. This will theoretically make assets like Bitcoin more attractive for companies to hold on their balance sheets.  The New Accounting Model As reported by the Wall...

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Here’s Why ARK Invest Analyst Maintains Bitcoin at $1 Million Prediction

Yassine Elmandjra – analyst at ARK Invest – believes bitcoin’s valuation could skyrocket beyond $1 million per coin in the following years. Earlier in 2022, a research team of the company estimated that the market capitalization of the primary cryptocurrency could reach $28.5 trillion by 2030. Bullish Prediction Despite the Bear Market Bitcoin and the broader cryptocurrency market have seen better days. During the past several months, the leading digital asset has lost a...

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Bankman-Fried Discusses His Bailout of Crypto Firms

When it comes to crypto, FTX head Sam Bankman-Fried has made a real name for himself. He runs one of the biggest, most popular digital currency trading platforms of all time, and only in his early 30s, he’s already a crypto billionaire. Sam Bankman-Fried Is a Crypto Star That’s why he felt it was up to him to bail out a bunch of companies when they were failing throughout this year’s massive bear market. Many companies have gone under, and firms ranging from Voyager...

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Social Security Gets 8% Boost: Why Millennials are Turning to Crypto (Opinion)

Consumer price inflation has clocked in above 8% in the latest CPI print. Consumer inflation in the US has remained near or above 8% for the entire year of 2022 so far. It reached its highest point in June, with a 12-month percentage increase above 9%. The US government sprang into action over the persistence of rising consumer prices, increasing Social Security benefits to keep pace. Social Security Gets +8% Cost of Living Adjustment Inflation is a phenomenon with...

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Bitcoin Dips to $18K on CPI Data, Here Are The Targets if Selling Continues (BTC Price Analysis)

Today, BTC went through some massive volatility. Accordingly, the trading volume on Binance increased exponentially. The price is struggling to hold above the $18K level, and the potential for further correction is causing fear across the market. Technical Analysis By Grizzly The Daily Chart: On the daily chart, Bitcoin is trading slightly above $18K, one of the lowest levels since the market crash in June. Throughout this period, this crucial level (in yellow) has been...

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Erth Points Trading on P2B

[PRESS RELEASE – Please Read Disclaimer] About Erth™ Point ClyktoCurrency System The world’s first evolved cryptocurrency with a genuinely productive global use has successfully completed several test projects and is poised to take its native Australia by storm. And with the third La Nina weather event in a row announced for the region – and the increasing concern about Bitcoin’s environmental impact – it couldn’t have come at a better time. The Erth Point uniquely combines...

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