The Bitcoin bottom is not in — BTC traders set price targets in low $40K range

A House bill filed by a Texas Democrat proposed the state’s comptroller wouldn’t be able to invest more than $250 million in crypto. A member of the Texas legislature has proposed a bill that could limit the amount local and state authorities invest in cryptocurrency as a reserve asset. In a bill filed on March

Tether said the hedge funds that saw Terra’s collapse as a reason to short USDT have “a fundamental misunderstanding of both the cryptocurrency market and Tether." 518 Total views 7 Total shares Tether, the issuer of Tether (USDT), says that hedge funds that attempted to short its stablecoin after Terra’s collapse in May are using…

During the Queen's Speech, Prince Charles announced the introduction of a bill that would help tackle illicit finance, reduce economic crime and help businesses grow. 1471 Total views 16 Total shares United Kingdom’s Department of Treasury, or Her Majesty's Treasury, has reportedly decided to go ahead with regulating stablecoins as legal tender. While welcomed by…

With key stakeholders taking profits and confidence in buying the dip staying high, traders who were overzealous about a quick Bitcoin rebound back to all-time high levels were punished with further price declines.Although Bitcoin (BTC) has subtly bounced since dropping below $34,000 in late January, its price is still down 20% in the last 30…

Bitcoin (BTC) fell on the Dec. 9 Wall Street open as United States economic data appeared to disappoint markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAttention turns to Bitcoin vs. CPI "big trigger"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to come closer to $17,000 after passing the level overnight.The pair reacted badly to…

The Republic of San Marino has officially adopted the Register of Blockchain Entities, inviting companies in the industry to apply for certification.Companies can apply for blockchain certification onlineThe project was initiated by San Marino’s fully state-owned tech innovation company, the Institute for Innovation of the Republic of San Marino, Cointelegraph Italia reports Oct. 22.According to…

ETH price has repeatedly failed to break above a key trendline resistance and now Ethereum risks losing a strong technical support as well. 159 Total views 27 Total shares Own this piece of history Collect this article as an NFTEther's (ETH) rally versus Bitcoin (BTC) is not only showing signs of exhaustion, but is also…

The Arbitrum token airdrop led to a massive dump of ARB tokens and projects in the Arbitrum ecosystem in a “sell-the-news” type of event. However, the Ethereum Layer-2 activity remains strong, with the selling pressure of ARB tokens likely done with, making the rollup well-positioned for further growth.Arbitrum ecosystem tokens sees sell-the-news type eventThe Arbitrum…