Key PointsBitcoin currently trades at $26,730 with a slight 24-hour increase and boasts a market cap of $521.58 billion.The 50-day EMA stands at $27,210, emphasizing a bearish sentiment as Bitcoin trades below this marker.A notable chart pattern, the double bottom breakout, has occurred at $26,900, which now acts as a…

As the BTC/USD pair exhibits a modest +0.25% gain, trading today at $26,916, the crypto community buzzes with speculation and optimism. Driving this uptrend is the SEC’s recent approval of Grayscale’s Bitcoin ETF, a significant nod that has undoubtedly propelled BTC prices upwards. Furthermore, the digital currency’s surge is being bolstered amidst…

Recently, crypto whales have been discreetly participating in the crypto presale of Launchpad XYZ, a startup that focuses on AI trading in the cryptocurrency sphere. Slated for a comprehensive platform launch in 2023, the company has already amassed over $1.88 million in its ongoing presale. This whale activity has raised questions…

Coinbase, the largest cryptocurrency exchange, argues that the U.S. Internal Revenue Service (IRS) proposal regarding cryptocurrency tax regulations could potentially harm both the cryptocurrency industry and the privacy of American citizens.Recently, the IRS proposed a rule that aims to provide precise definitions for cryptocurrency brokers and establish clear tax payment…

The President of Madeira, Miguel Albuquerque, alongside Prince Filip of Serbia, officially announced the establishment of a Bitcoin business hub to promote innovation in the region. This announcement was made earlier today during a fireside chat on the second day of the Bitcoin Amsterdam 2023 event.President Albuquerque stated that the innovation…

Bitcoin mining operations in the United States, owned by Chinese entities, are currently under investigation for potential issues that could threaten national security, according to the New York Times (NYT). The scrutiny began last year when a Chinese company began constructing a cryptocurrency mining facility in Cheyenne, Wyoming. National security experts at…

The Bitcoin (BTC) price briefly vaulted back above $27,000 on Friday in wake of reports that the US Securities and Exchange Commission (SEC) won’t appeal against a recent court ruling that reversed its decision to prevent crypto asset manager Grayscale from converting its Bitcoin trust into an Exchange Traded Fund…

Bitcoin, the flagship cryptocurrency, seems to be showing signs of resilience. After its recent price plummet, BTC has managed to bounce off from its bottom, trading today at $26,919 – a slight uptick of 0.53% in the last 24 hours. This brings the overall live market cap of Bitcoin to a…

The revelation that the recent attack in southern Israel, which allegedly resulted in the deaths of 1,200 Israelis, was partially funded with cryptocurrency has added fuel to the efforts led by Senator Elizabeth Warren and others to advocate for crypto legislation.Warren’s proposed bill, which has faced opposition from the Chamber…

Ripple’s XRP sits at a price of $0.483626, marking a minor increase of 0.45% within the past 24 hours but down approximately 7.5% in a week. The trading volume over the day spanned $635.59 million. At present, XRP’s rank on CoinMarketCap is #5, boasting a market cap of $25.85 billion. The…