Cryptocurrencies were mostly lower on Tuesday as some traders reacted to the signing of the U.S. infrastructure bill containing a controversial crypto tax-reporting requirement. The bill would require all crypto brokers to report transactions under the current tax code. Industry proponents worried the definition would be too broad, involving entities such as...
It's a case of "if in doubt, zoom out" this week, as Bitcoin heads for a showdown with Taproot and ETF approvals. 33045 122 3:12 Bitcoin due to hit $90K 'in coming weeks' despite pullback — latest technical analysis MARKETS NEWS Bitcoin (BTC) is still on to run to $90,000 in the coming weeks after “trapping” leverage traders. In its latest market update on Nov....
A correction continues for Bitcoin during Friday, but it may not be over yet, and analysts are far from worried. 7203 27 2:06 Bitcoin hitting $59K would be ‘extremely healthy,’ says trader as BTC price retreats MARKET UPDATE Bitcoin (BTC) dipped below $64,000 on Nov. 12 as its comedown from new all-time highs continued to unnerve. BTC/USD 1-hour candle chart...
Rising U.S. inflation and overblown fears about Evergrande contagion might be factors behind BTC’s recent pullback, but most analysts view the drop as a “necessary retest.” 5767 21 3:43 Analysts say Bitcoin price ‘dips are transitory,’ suggesting BTC will soon head to $75K MARKET UPDATE Volatility is the name of the game in the cryptocurrency market and the Nov....
High level partnerships and a focus on using artificial intelligence and big data to find solutions to complex problems are backing VXV’s quiet climb to new all-time highs. 4:08 Vectorspace AI (VXV) flies under the radar to new highs as big data becomes the ‘new’ oil ALTCOIN WATCH “I’m in it for the tech,” is a phrase commonly used in the cryptocurrency...
Ether (ETH) was the most unscathed on the day, down 0.6% and still a stone’s throw from all-time highs. ETH/USD 1-hour candle chart (Bitstamp). Source: TradingView Others fared slightly worse, with 4% daily losses not uncommon among the top 10 cryptocurrencies by market capitalization.