Tag: BTCZAR

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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Bitcoin (BTC) whales continue to increase their holdings amid market bloodbath

Bitcoin (BTC) price tumbled below $42,000 to record a new four-month low. The market sentiments have turned red as retail buyer seems to be panic selling. Market analysts have predicted a price bottom at around the $40K mark, but that hasn’t deterred whales from accumulating more Bitcoin amid the market blood bath. BTC made a […]

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Mozilla halts crypto donations amid backlash about its unsustainability

The crypto space is flooded with the debate about the industry’s ill effects on climate. Especially, as countries across the globe suffer from energy crisis during the bitter-cold winters, more people are pointing fingers at the crypto industry for being one of the biggest causes given its unsustainable nature. Following this wave, the nonprofit organisation supporting […]

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China’s Xiangtai food Co. buys 686 spot Bitcoin miners despite mining ban

Xiangtai Food Co., Ltd., a Nasdaq-listed Chinese food company has bought 686 spot Bitcoin miners that are worth US$6 million via its United States subsidiary called SonicHash LLC. While the mining operations would be continued in New York, the fact that the Chinese government has issued an all-out ban against crypto companies could brew some trouble […]

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Where Will Bitcoin (BTC) Price Bottom? Pro Analyst Predicts how Low Can Bitcoin Price Drop

Bitcoin (BTC) lost nearly 10% of its valuation starting late on January 5 leading to a new month low of $42,761. The top cryptocurrency has been consolidating below $50K for nearly a month now, and critics belive like every previous cycle we have topped the market in October and the price might only go lower […]

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Bitcoin (BTC) price falls to sub-42K levels; crypto market sees $800 million in liquidation

The crypto market saw its first major liquidation event in 2022 as the majority of the crypto market bled in double digits. Bitcoin fell below $43K support to trade in sub-$42k levels and reached a new 3-month low of $42,761. Ether (ETH) lost $3,500 support and fell to a monthly low of $3,432. Source: Coin360 […]

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