4 reasons why Bitcoin price is not trading above $70K 

Bitcoin (BTC) closed the week with a selloff, pushing price below the $8k handle and printing a close down 2.5% for the week as a whole. Despite an ominous close to the bottom of the trading range, Bitcoin has rebounded higher this morning alongside other cryptocurrencies, with notable gainers XRP and Link breaking 10% gains…

The asset has overtaken the network’s market cap following an announcement that PayPal intends to integrate crypto. 559 Total views 2 Total shares Since PayPal announced adding Bitcoin (BTC) to its platform, the asset's market cap has exceeded that of PayPal itself. Ironic?At press time, Bitcoin holds a market cap of $239,877,416,968, just recently surpassing…

Florida’s Cogent Bank is proposing a $100 million participation in loans to MakerDAO’s RWA Master Participation Trust. 221 Total views 4 Total shares Own this piece of history Collect this article as an NFTCrypto lending platform MakerDAO is voting on a new proposal to bring another commercial bank into its ecosystem, strengthening the connection between decentralized…

The latest Cointelegraph Report explains everything you need to know about a potential spot Bitcoin ETF approval in the U.S., its impact on the market, and its significance for the crypto industry. 481 Total views 3 Total shares A wave of optimism around the potential approval of a spot Bitcoin exchange-traded fund (ETF) in the

Crypto price action has been rough over the past few months, but a few green shoots are finally beginning to emerge.While Bitcoin (BTC) remains in a downtrend, its price has recently found support at the $17,000 level, and ping-pong price action in the $16,700–$17,300 range appears to be allowing traders to pursue some interesting setups…

Open interest combined with flat funding rates suggests that an "explosive" volatility period is inbound, analysts say. 5128 Total views 53 Total shares Bitcoin (BTC) is in line for "explosive" price action as derivatives markets return to form in 2022, a new forecast states.In a tweet on Jan. 4, Vetle Lunde, an analyst at Arcane…

A lobby group of the Russian Union of Industrialists and Entrepreneurs (RSPP) has recently sent its proposals for crypto regulation to country’s prime minister Dmitry Medvedev, Russian business media RBC reports Monday, Oct. 22.Per a document obtained by RBC, the head of RSPP Alexander Shokhin criticizes the main draft that was accepted by the Russian…

Bitcoin demand among United States investors surged after the Federal Reserve confirmed its intentions to lower interest rates.

Missouri-based software maker CryptoTrader.Tax has launched a new product facilitating cryptocurrency tax reporting.As the 2019 tax year comes to an end, the software is designed to help firms, certified public accountants and professionals counsel their clients about reporting their taxes from crypto in accordance with the tax guidelines set out by the United States Internal…