Why is Bitcoin price up today?
Bitcoin’s resurgence is driven by two key factors: the German government running out of BTC to sell and a weakening US dollar.
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Trader weighs in on possible Bitcoin price drivers for remainder of 2023
A popular name on Twitter, trader Michaël van de Poppe was interviewed for the 10th episode of Cointelegraph’s Crypto Trading Secrets podcast. Cointelegraph’s Crypto Trading Secrets podcast has published its 10th episode, featuring an interview with trader Michaël van de Poppe, who caters to an audience of more than 650,000 on Twitter under the handle…

Crypto scams set for biggest year ever due to AI: Chainalysis
Generative AI is making scams more scalable and affordable for bad actors to conduct, making them more sophisticated as they leverage the new technology.

Fed Governor Warns: Facebook’s Libra Users Lack Clear Rights
A member of the Federal Reserve’s Board of Governors has said that Facebook's Libra could pose risks to consumers due to a lack of clarity over their rights with respect to the token’s underlying assets and to the system overall.Lael Brainard — who chairs the Fed’s Committees on Financial Stability, Federal Reserve Bank Affairs, Consumer…

Report: Major European Derivatives Exchange to Launch Cryptocurrency Futures
Eurex, a Germany-based derivatives exchange operated by Deutsche Boerse, is reportedly planning to launch futures contracts tied to digital assets, financial technologies-focused news outlet The Block reported on Feb. 21.People familiar with the matter reportedly told the Block that Eurex is planning to launch futures contracts tied to such digital currencies as Bitcoin (BTC), Ethereum…

Brazilian mayor to reportedly invest 1% of city reserves in Bitcoin
Rio de Janeiro mayor Eduardo Paes talked about Bitcoin with Miami mayor and BTC bull Francis Suarez at Rio Innovation Week. 94 Total views 7 Total shares Eduardo Paes, mayor of Brazilian city Rio de Janeiro, wants to allocate 1% of the city’s treasury into Bitcoin (BTC), Cointelegraph Brazil reported.Paes reportedly announced plans for “Crypto…

Bitcoin and Ether options worth $2.4B set to expire May 3, max BTC pain at $61K
Deribit exchange data reveals that the put-to-call ratio for Bitcoin options contracts is currently at 0.50, with a maximum pain point of $61,000.

‘Can’t stop, won’t stop’ — Bitcoin hodlers buy the dip at $20K BTC
Everyone expects another Bitcoin (BTC) capitulation event, but data suggests that mass buying has already started.In a Twitter thread on June 29, Checkmate, lead on-chain analyst at data firm Glassnode, drew attention to who in Bitcoin is really stacking sats.Shrimp or whale, Bitcoin hodlers are stacking satsBitcoin selling has made the headlines for weeks, and…

Crypto PACs are spending big on US elections — What it means for the industry
Political action committees supporting the cryptocurrency industry are raising hundreds of millions of dollars.