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40%, on the other hand, anticipate that Bitcoin will rise by 50% from here to $30k. 28% of the people surveyed strongly believed in cryptocurrency’s value. The world’s most popular cryptocurrency, Bitcoin (BTC), has held steady around the $20,500 mark during the last week. Recently, Bitcoin has been sending out
Inflation figures for June will be released by the US Labor Department this week. Economists predict that the CPI would rise by 1.1% every month. As of Monday, on-data analysis provider, Santiment tweeted that the degree of optimism among social media users is at its greatest since November’s initial decline
CoinDesk’s Large Cap Select Index methodology is used to rebalance its funds. Ethereum, Bitcoin’s longtime adversary, comes in second place with 25.22 percent. Grayscale Investments, the world’s biggest digital currency asset manager, has released its newest funds for the second quarter of 2022. All of the group’s products and services
At the current BTC/USD conversion rate, this amount is worth $1,135,160,000. According to CMC, the Bitcoin price today is $21,839.86 USD. Owners of wallets containing between 10 and 100 Bitcoins have been aggressively purchasing the most popular digital currency during the last month, according to a tweet from Santiment, an
Atomyze was the first Russian firm to be granted a trading permit. The government has sent mixed messages on the legality of cryptocurrencies. SberFactoring, a subsidiary of Russia’s largest bank Sberbank, conducted its first DFA transaction, valued at around 1 billion rubles ($16 million), only a few months after Sberbank
Alder becomes the longest-serving CEO of the commission. Alder’s 11-year term accounts for a third of the commission’s 33-year existence. Hong Kong’s Securities and Futures Commission (SFC) CEO Ashley Alder, who has served in that role since 2011, is resigning in January 2023 to join the Financial Conduct Authority (FCA)
Most of the top brands like Gucci are now accepting cryptocurrency. Osteria Romana is now making its way to access cryptocurrency. The largest Italian Restaurant Osteria Romana in Brussels, Belgium is now accepting $BTC,$ETH, and $LTC as payment methods. As the trend followed from 2010, the first transaction for the
US officials have identified the region of Siberia as a key crypto mining center. A call has been sent to 31 Japanese crypto exchanges. It has been reported by the Financial Times that US officials have asked the Japanese government to intensify pressure on cryptocurrency exchanges and miners with ties
It was recommended by the Head of state of the Russian Banking Association to establish a crypto trading platform on the Moscow Stock Exchange. Russia’s attitude toward the legality of crypto has been erratic. After briefly mentioning legalizing cryptocurrency, the nation talks about outlawing it. Now, the Russian Banking Association
The United States is moving forward with integrating the cryptocurrency economy. Government officials can buy cryptocurrencies, but doing so will prohibit them. According to a new guideline from the State Office of Government Ethics (OGE), government officials who are actively investing in cryptocurrencies or who are found to hold any
