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“# FATF guidance on virtual assets: NFTs win, DeFi loses, rest remains unchanged ” The Financial Action Task Force (FATF) released its long-awaited guidance on virtual assets, laying out standards that have the potential to reshape the crypto industry in the United States and around the world. The guidance addresses one of the most important…
“# Reelected Miami mayor to take 401k retirement savings partly in Bitcoin ” The long-standing mayor of Miami Francis Suarez has now announced plans to take a part of his 401(k) payout in Bitcoin (BTC) just a month after he started receiving salary in BTC. Soon after becoming the first United States lawmaker to accept…
“# Analysts say Bitcoin’s open interest wipeout ‘will give way to further upside’ ” The weekend is upon us and fear remains the dominant short-term sentiment in the cryptocurrency market. Earlier today Bitcoin (BTC) price dropped to $47,250 and investors are biting their nails after data from the U.S. consumer price index (CPI) shows inflation…
“# FLUX, SFP and Badger DAO surge even as Bitcoin price falls to $47K ” The year-long mantra that the crypto market would see a blow-off top in December has proven to be a dud thus far and for the last week, most cryptocurrencies have been under sell pressure and Bitcoin (BTC) is encountering difficulty…
“# Bitcoin Core developer Samuel Dobson decides it is “ime to go” ” Developer Samuel Dobson announced via a series of tweets on Thursday night that he is stepping down as a Bitcoin Core maintainer after three years as he “can no longer dedicate the time required, as I approach the end of my Ph.D.”…
“# Point of no return? Crypto investment products could be key to mass adoption ” The first Bitcoin (BTC) futures exchange-traded fund (ETF) was launched in the United States back on October 19, 2021. Since then, a number of other cryptocurrency investment products have been launched in various markets. That first ETF, the ProShares Bitcoin…
“# Trader who called 2017 Bitcoin price crash raises concerns over ‘double top’ ” Bitcoin (BTC) could be forming a so-called “double top” pattern after falling by over 30% from its record high of $69,000, suggests Peter Brandt, a veteran trader known for correctly calling the crypto market top in December 2017. The bubble has…
“# Bitcoin jumps past $50K as US CPI data shows highest inflation in nearly 40 years ” Bitcoin (BTC) surged over $1,000 in seconds on Dec. 10 as the United States Consumer Price Index (CPI) data showed inflation in November was worse than anticipated. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView November CPI conforms to…
“# Crypto market eyes recovery ahead of key US inflation data release ” Growing inflation has become a mounting concern for nations around the world, especially the United States. The U.S. has seen one of the sharpest rises in consumer inflation over the past year. Lawmakers around the globe have claimed that they didn’t see…
“# Bitcoin hovers near $48K ahead of fresh key US inflation data ” Bitcoin (BTC) recovered above $48,000 on Dec. 10 after another fall took BTC/USD to lows of $47,350 overnight. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Taper tantrums Data from Cointelegraph Markets Pro and TradingView showed the pair orbiting $48,300 at the time of…