Tag: BTCUSDC

After Twitter, Reddit Might Allow Users To Add NFT as Profile Picture

Just two days after Twitter unveiled the feature to add NFTs to one’s profile picture, another social media giant Reddit is reportedly making a similar move. As per the report, Reddit is testing a feature that allows its users to set any NFT as their own profile picture. Note that this is different from its […]

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Here’s Why You Should NOT Yet Buy the Bitcoin Dip, Miner Capitulation Ahead?

Well, the broader cryptocurrency has entered the second consecutive day of massive correction with Bitcoin bleeding deep red. Although Bitcoin has corrected a staggering 47% from its all-time high of $69,000, here’s why we think one should still wait and not jump in straight away to buy the dips. Despite Bitcoin correcting heavily over the […]

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MicroStrategy (MSTR) Stock On Free Fall As SEC Rejects Its Bitcoin Accounting Strategy

The U.S. Securities and Exchange Commission (SEC) is adding more fuel to the already widespread fire in the broader cryptocurrency market. On Friday, January 21, the SEC rejected MicroStrategy’s Bitcoin accounting standards noting that the company cannot strip out Bitcoin’s wild swings from its unofficial accounting standards. The news comes just as Bitcoin corrected 7% […]

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BNY Mellon Sees Meaningful Revenue In Crypto by 2023 Post Clear Regulations

Bank of New York Mellon is optimistic about a meaningful revenue ticking from its crypto services. On Tuesday, January 18, the bank’s chief financial officer Emily Portney said that the bank is collaborating with Fireblocks, a unicorn FinTech that allows financial institutions to store crypto assets. Portney said that the U.S. regulators should provide more […]

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Moody’s Confirms El Salvador’s Ratings Unchanged After President Bukele’s Reactive Tweet

El Salvador President Nayib Bukele took on Twitter on Sunday, January 17, responding to a warning from rating agency Moody’s. However, Moody’s has confirmed that the Central American country’s ratings remain unchanged. President Nayib Bukele Tweeted: “BREAKING: EL SALVADOR DGAF” which means “don’t give a fuck”. President Bukele was responding to a tweet from Investing.com. […]

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Bitcoin (BTC) Price On The Verge Of Bullish Breakout, Buyers Seek $47,000

The week ended on Friday, BTC buyers find some respite after the digital coin locked-in gains around 9%. BTC moved in sync with the US tech stocks, which witnesses some late bounce back on Friday. However, overall investors lost money since the downside rally begins in November. BTC ended the second week of January with […]

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Rio De Janeiro Plans To Buy Bitcoin With City’s 1% Reserve; Tax Discounts Also To Be Offered

Brazil’s second most populous city, Rio de Janeiro, is all set to buy Bitcoin with 1% of the city’s treasury reserves, said Eduardo Paes, the city’s mayor. Rio will be the first-ever Brazilian city to purchase crypto as a store of value if Eduardo proceeds with what he says. Breaking News: Rio de Janeiro in […]

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Bitcoin (BTC) Bounces Back Above $42,000, Will Altcoins Follow Soon?

After a weak start to this week, Bitcoin (BTC) has bounced back from its crucial support levels of $40,000. As of press time, Bitcoin is trading 0.54% up at a price of $42,192 with a market cap of 797 billion. Bitcoin has been just replicating its previous performances over this time. Popular crypto analyst Lark […]

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U.K. Lawmakers Join Hands to Form A Crypto Advocacy Group and Support Crypto Innovation

Over the last few months, the United Kingdom has been going heavy on regulations cracking down on some of the biggest companies like Binance. But the latest news is that lawmakers from Westminster have joined hands to form a crypto advocacy group and “support innovation” in this industry. Dubbed the Crypto and Digital Assets Group, […]

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Bitcoin Fear and Greed Index and RSI Suggest We Are Oversold, Time to Buy the Dip?

The world’s largest cryptocurrency continues to test lower levels while moving below $42,000 levels at the start of the weekend. While it’s difficult to predict any bottom at this point, some useful indicators can help us in deciding the further line of action. The Bitcoin Fear and Greed Index has dropped to the lowest since […]

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