Tag: ETHTRY

Former US House Speaker Says Countries Should Use Bitcoin (BTC) as Inflation Hedge

Newt Gingrich, the Ex-Speaker for the US House of Representatives is back in news with his radically pro-Bitcoin suggestions to the authorities. Gingrinch, who is now an adviser at a new Israel-based firm, the International Bitcoin Advisory Corporation (IBAC) recently told the Financial Times that, countries should use Bitcoin as a hedge against inflation as […]

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JP Morgan Claims This is the True Catalyst For Ongoing Bitcoin ($BTC) Price Surge

Bitcoin ($BTC) price recorded a new all-time-high near $67K yesterday, taking Bitcoin’s market cap to $1.25 trillion. The bullish price surge was largely attributed to the record-breaking ProShares Bitcoin Futures ETF ($BITO) debut. However, JP Morgan strategists believe otherwise. According to a report by Bloomberg, JP Morgan strategists see growing inflation as the key catalyst […]

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Commissioner Peirce suggests SEC to work with crypto businesses to build a “reasonable framework”

Commissioner Hester Peirce, aka “crypto mom” strikes back at the SEC for not working with crypto businesses in carving out a reasonable framework for the securities laws. Peirce spoke remotely at the Wall Street Journal’s Tech Live conference on Wednesday and continued to criticize SEC Chief, Gary Gensler on his anti-crypto stance. Furthermore, Peirce suggested […]

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Musk Shares “69-420” Meme for Bitcoin Price as Tesla BTC profits cross $1 billion

Tesla CEO, Elon Musk has tweeted about Bitcoin after a long haul. He has used the popular “69-420” meme to define Bitcoin’s exceptional performance in the ongoing bull run. Furthermore, since the reveal at the B-Word conference about Tesla holding a considerable amount of Bitcoin, this bull run has brought Tesla’s BTC holdings back in […]

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Breaking: CME Ethereum Open Interest Hits $1 Billion For the First Time

The Open Interest (OI) of CME Ethereum Futures hit $1 billion today for the first time. The soaring OI valuation indicates the growing bullish trend in the market. The massive jump in Ether OI comes within hours of $ETH reclaiming its position above $4,000. The OI jumped more than twice the average of $417 million. […]

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XRP Lawsuit: Case extended further with Court Granting Expert Discovery Extension

The latest update in the XRP lawsuit has brought bad news for Ripple and XRP Holders, as the court granted SEC’s 2-months extension request for the expert discovery deadline in a Text-Only Order. JUST ADDED to our Document Library: Order Extending Expert Discovery to January 14, 2022 (Text-Only Order). (1/5) https://t.co/P16CwGWGJO — CryptoLaw (@CryptoLawUS) October […]

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Ethereum (ETH) Approaches All-Time High Amid Strong Whale Accumulation

Amid all the Bitcoin fanfare and the launch of the first U.S. Bitcoin ETF, the world’s second-largest cryptocurrency Ethereum is also making strong moves. The ETH price has rallied past $4000 and is currently approaching its all-time high of $4400. As of press time, ETH is trading 8.38% up at a price of $4178 with […]

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Ethereum Price Blasted Past $4,000; Bulls Target Closing The Distance To ATH At $4,400

Ethereum is on the final approach to $4,400 after bringing down the barrier at $4,000. The SuperTrend and the MACD indicators sustain buy signals as buyers flock to the market. The cryptocurrency market is currently shining a light on the altcoins following weeks where Bitcoin has solely rallied to higher levels. Ethereum appears to be […]

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Facebook is Planning a Rebranding of its Name, Here’s the Crypto Connection

Facebook, the world’s largest social media platfrom is reportedly looking for a rebranding of its name in the coming week, as per a report published in The Verge. The Verge report cited an insider with direct knowledge of the matter. The report indicates that Mark Zukerberg is focused on rebranding Facebook to project it more […]

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China’s Tax Official newspaper calls for Crypto taxation, Does this indirectly legalize crypto?

The Chinese tax publication, China Tax News called for taxing past cryptocurrency profits using the Ex post facto law, also known as the principle of “law is not retroactive”. This means that the services provided by overseas exchanges to residents of China before the official crypto ban will now be required to pay tax in […]

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