Bitcoin fell to $67,000, following declines in gold and the Nasdaq. One analyst said the decline was likely triggered by diminishing expectations of a Fed rate cut. QCP Capital believes that the broad uptrend will continue as long as demand for spot Bitcoin ETFs persists. Bitcoin (BTC) price fell to a low of $67,000 during … Read more
Bitcoin Retreats from Record High Amid Speculation of Market Froth Bitcoin Retreats from Record High Amid Speculation of Market Froth Bitcoin Trades Lower in Asian Market The world’s largest digital asset, Bitcoin, experienced a retreat from its recent record high as concerns over speculative froth in global markets intensified. In Asian trading on Friday, Bitcoin … Read more
[딜사이트 김가영 기자] Nexon is attracting attention as Bitcoin exceeds 100 million won. Nexon’s Japanese subsidiary, which previously purchased Bitcoin in 2021, suffered a loss of more than 70% as it experienced a recession in virtual assets over the past three years. Then, after three years, the market began to recover and entered the realm … Read more
Market Update: Stocks Retreat from All-Time Highs as Tech Giants Struggle Market Update: Stocks Retreat from All-Time Highs as Tech Giants Struggle Tech Stocks Decline as Traders Anticipate $22 Billion Sale of Long-term Treasuries Equities have taken a step back from their record-breaking performances after several influential technology companies experienced a decline. Concurrently, traders are … Read more
The Ministry of Finance is focusing on the taxation of the capital gain resulting from the sale of cryptocurrencies at a rate of 15%, after first clarifying the landscape regarding which procedure will be followed in order for these modern but also with many questionable financial products to be accepted by the Tax Office as … Read more
The London Stock Exchange has announced today a big step towards the adoption of cryptocurrencies. Starting in the second quarter of this year, the exchange will begin accepting applications for the admission of Bitcoin and Ethereum exchange-traded notes (ETNs). In the official statement, the LSE mentioned that it will follow a detailed process, which has … Read more
Donald Trump: A Potential Future with Bitcoin Donald Trump suggested Monday that if he were elected president again, his administration would not crack down on the use of bitcoin or other cryptocurrencies using regulatory authority. “I have seen there has been a lot of use of that,” Trump said, referring to the digital currency, during … Read more
It faced selling pressure after trying to break the $69,000 level, falling to $59,000, and losing momentum. Ethereum outperformed, targeting $4,000 despite resistance at $3,975. Both cryptocurrencies are facing critical resistance and potential profit taking due to overbought conditions. Invest like a big box for less than $9 a month with AI-powered ProPicks stock picker. … Read more
Bitcoin hits a key psychological barrier at $70,000 but cannot stay above that level for long. This caused the price to fall sharply 5% to $66,600. With strong fluctuations near historical highs. This resulted in a total of $240 million being liquidated within an hour of trading. Data from CoinGlass also indicates that earlier this … Read more
Although the price of Bitcoin recently dropped sharply to below $60,000, the crypto market has returned to the doldrums again. But soon after, the price of Bitcoin recovered again. and able to maintain its own upward trend As a result, the coin’s price has now broken its all-time high of $70,000 once again. Although we … Read more