Mt. Gox repayments will only cause Bitcoin sell pressure among ‘paper hands’ — Analyst

Bitcoin (BTC) skyrocketed 28.5% in October, its second-best monthly gain of the year behind the 40% rally in January. After the strong showing in October, the next question on investors’ minds is, could the bullish momentum continue and Bitcoin extend its recovery going forward?Bernstein said in a note on Oct. 31 that Bitcoin could rally

The public has been provided with 25 days to share their opinion on the proposed legislation. 1597 Total views 35 Total shares Australia’s ministerial department of Treasury reached out to the public to seek consultation regarding draft legislation that would exclude cryptocurrencies from being taxed as a foreign currency if passed.In a press release, Assistant Treasurer…

A hardware wallet’s IndieGoGo crowdfunding campaign reached 450% of its target funding amount within two days of launch. 2053 Total views 41 Total shares The NGRAVE ZERO, claimed to be the world’s most secure hardware wallet, launched its crowdfunding campaign for €25,000 ($27,850) on May 26. In the first two days it smashed this total…

Former Australian politician Cory Bernardi sees the demand for Bitcoin “getting stronger.” 555 Total views 15 Total shares Cory Bernardi — a controversial figure the Sydney Morning Herald has referred to 'Australia’s Donald Trump' — has talked up Bitcoin in between Tweets challenging the results of the U.S. presidential election. In a Nov. 11 Tweet, Bernardi…

Democratic Party presidential candidate Lee Jae-myung prepares to use NFTs to raise funds for his campaign in a bid to appeal millenials. 668 Total views 32 Total shares Democratic Party (DP) presidential candidate Lee Jae-myung prepares to use nonfungible tokens to raise funds for his campaign. The party will issue NFTs to those who donate money…

Bit4You suspended operations on April 26 amid CoinLoan insolvency investigation by Estonian regulators. 271 Total views 2 Total shares Own this piece of history Collect this article as an NFTBelgian cryptocurrency trading platform Bit4You has suspended all operations, including withdrawals, amid an insolvency investigation of one of its key partners.Suite à cela, nous avons immédiatement…

CurateDAO launched an Avalanche-based “curate-to-earn” platform where participants can earn by contributing to databases. 201 Total views 4 Total shares With play-to-earn (P2E) gaming rising in 2021 through Axie Infinity (AXS) and an offshoot called move-to-earn (M2E) gaining fame through STEPN (GMT), another variation of the “to earn” model launches in an attempt to bring…

Wednesday, Oct. 31: after a couple of days of mild losses, crypto markets have today stabilized, with most of the top twenty cryptocurrencies by market cap seeing slight fluctuations capped within a 2 percent range.Market visualization by Coin360On the 10th anniversary of the publication of its white paper on Oct. 31, 2008, Bitcoin (BTC) is…

Dante Disparte hinted the U.S. could take a leading role in stablecoin regulation in an effort to “avoid trans-Atlantic or global misalignment." 36 Total views 2 Total shares Dante Disparte, Circle’s chief strategy officer and head of global policy who has previously testified at congressional hearings, has called on United States lawmakers to balance the…