In a bid to bring in regulatory clarity and a framework for the issuance of Bitcoin Bond and securities in the cryptocurrency, El Salvador’s finance minister, Alejandro Zelaya, has revealed plans to send approximately 20 bills to Congress. The Ambitious Bitcoin City According to reports, the aforestated bills will encompass regulations about securities issuance and ensure legal structure and certainty to anyone to wishes to purchase a Bitcoin bond. The Finance Minister,...
Read More »SEC Delays NYDIG’s Spot Bitcoin ETF Proposal by Two Months
The United States regulatory watchdog – Securities and Exchange Commission (SEC) – has delayed the ruling on NYDIG’s proposal for a spot bitcoin exchange-traded fund by 60 days. The original deadline was January 15th. If allowed, NYDIG’s Bitcoin ETF will be the first-ever spot Bitcoin ETF in the country. According to the official filing, the SEC said that it will decide whether to approve the NYDIG’s proposal by March 16. The agency explained that it needs to designate a...
Read More »Crypto Regulation in India Is Still Unclear
India has fallen behind on its plans to regulate cryptocurrency. The winter session of Parliament was supposed to see a new bill introduced that would recognize crypto as a new asset class that could be regulated and monitored. However, this has not yet occurred and thus India’s digital currency future is still in the clouds. India and Crypto Regulation: What’s Happening? The good news is that regulatory officials have stated that at this stage, outright banning crypto...
Read More »Shark Tank’s Kevin O’Leary: NFTs Could Become Bigger Than Bitcoin
The prominent TV personality – Kevin O’Leary – believes non-fungible tokens could emerge as a “much bigger, more fluid market” than bitcoin. His prediction comes as a surprise since last summer, the Canadian businessman stated that nothing has the chance to replace the primary cryptocurrency. O’Leary’s Most Recent Forecast Kevin O’Leary, a.k.a Mr. Wonerful, is another prominent figure who has displayed mixed feelings towards the cryptocurrency industry over the years. His...
Read More »Bitcoin’s Sideways Action Continues, But Bearish Signs Pop (BTC Price Analysis)
Bitcoin’s sideways action continues. Since 2022 began, the bitcoin price has been trading inside a tight range of roughly $2K. This is very untypical for Bitcoin and usually ends with a massive move in either direction. Option Market Analysis While the bitcoin market is showing weakness, the BTC options market has seen a sharp open interest decline after 2021‘s most significant options expiry. The historical volatility level of bitcoin dropped sharply and is currently at...
Read More »Démystification du minage sur Bitcoin – Episode 2
Dans mon premier article de la série, je recadrais le débat. Si l’on veut faire un progrès écologique, la question n’est pas « Pour ou contre Bitcoin? », mais « Comment faire que Bitcoin soit plus écolo ». Maintenant que la bonne problématique est posée, je vais vulgariser ce qu’est concrètement le minage, basé sur une approche « historique » et de terrain, dépouillé des fantasmes et de chiffres bricolés. La preuve de travail – une...
Read More »Grand Angle : Objective Thune !
Seconde partie de l’entretien avec Jacques Favier (voir ici la 1ère partie). « Jacques Favier, normalien et agrégé d’histoire, a fait carrière dans la banque et l’investissement. Il est aujourd’hui consultant en co-fondant la société CATANAE. Il a également créé le « Cercle du Coin« , association francophone sur le bitcoin et la blockchain et anime le site « La Voie du Bitcoin » depuis 2015. Il a créé le « Bitcoin Boulevard », passage du Grand Cerf à Paris. Il est co-auteur de...
Read More »Tron (TRX) Price Analysis: Risk of More Losses Below $0.07
Tron price started a fresh decline from the $0.0825 resistance against the US Dollar. TRX price is now trading below $0.0800 and near the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0780 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above the $0.0780 resistance. TRON price started a fresh decline below $0.0850 against the US Dollar, similar to...
Read More »Bitcoin Price Analysis: BTC Faces Major Hurdle Near $47K
Bitcoin price started a fresh decline from well above $48,000 against the US Dollar. The price is now trading below $47,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $47,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could decline heavily if there is a clear move below the $45,555 support zone. Bitcoin price is trading below $48,000 against the US Dollar. BTC might...
Read More »Ohio Republican Josh Mandel Takes Flak Over BTC Social Media Post
Josh Mandel – a Republican senate hopeful running in the state of Ohio – is taking flak for a tweet he posted which seems to compare bitcoin support with support for Christianity. Josh Mandel Loves Bitcoin, but Not Everyone Thinks Alike To be fair, Mandel has long been a bitcoin and cryptocurrency proponent. He has spoken in favor of the asset on social media, though one tweet is landing him in some hot water with followers and haters alike. The post came two days before...
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