Bitcoin is closer to a critical buy zone, but not all analysts agree | Paraguay planning major cryptocurrency legislation overhaulBTC 📉 $8222 (-1.76%) / ETH 📉 $178 (-1.8%) / XRP 📈 $0.26 (+0.39%)
Bitcoin is closer to a critical buy zone, but not all analysts agree
As Bitcoin threatens to push for lower prices, some of the most prominent analysts in the industry believe that it is getting closer to a zone that poses high levels of demand. Regardless of their positive outlook, other analysts are not as optimistic expecting a further retracement. U.K. recognizes cryptocurrencies as ‘tradable property’
A specialized task force of senior judges and lawyers in the U.K. has recognized crypto-assets as “tradable property” under English law. The 46-page legal statement, which clarified the status of cryptocurrencies, blockchain technology, and smart contracts, is the country’s effort to reintroduce confidence to the British crypto market. Coin Metrics report: More than 1.6 million Bitcoins are lost forever
According to the latest Coin Metrics report, more than 1.6 million bitcoins have been lost forever, either through duplicate transactions, unclaimed rewards, or thefts. Block.one CEO Brendan Blumer says real adoption happening at the enterprise level
Brendan Blumer, the founder and CEO of Block.one, believes that blockchain technology has created a huge social movement that enabled real adoption to happen on an enterprise level. Bitcoin drops below $8200 as large transaction decrease 97% over past week
Bitcoin has been struggling to remain above the $8,000 support level in a hostile market where almost every signal indicates a bearish sentiment. DeversiFi CEO talks building on Ethereum in 2015 vs now, benefits of decentralized exchange and shares customer stories
CryptoSlate recently caught up with Will Harborne, the co-founder and CEO of DeversiFi, a decentralized crypto exchange that was formerly known as Ethfinex. The ultimate bull case for Bitcoin: what could push it beyond a trillion-dollar market cap?
As said by industry executives like Xapo CEO Wences Casares, many investors in the crypto sector believe that Bitcoin will either hit zero or surpass a trillion-dollar market cap in the long term. Bitcoin taps parabolic trendline; is an explosive movement imminent?
Bitcoin and the aggregated crypto market incurred a steep and widespread sell-off today that came about after a brief consolidation period. BTC has been able to recover slightly from its intraday lows, although it still appears to be in a precarious territory. Paraguay planning major cryptocurrency legislation overhaul
One of the world’s top crypto law firms, Gresham International, announced this week that it submitted a proposal to begin working with the government of Paraguay on a raft of new cryptocurrency legislation. Featured companies📈 Bybit - Bybit is a cryptocurrency derivatives trading platform established in March 2018. It is headquartered in Singapore and has offices in Hong Kong and Taiwan. Learn more Want to be seen here? Contact us Crypto market dataFor more pertinent market data, please see: Connect with usTelegram • Twitter • Facebook • LinkedIn • YouTube • Instagram Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.
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