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VanEck says Bitcoin could hit $4.8M if it became the global reserve asset

American investment firm VanEck believes that Bitcoin has double the upside of gold and could be worth as much as $4.8 million per coin if it becomes the global reserve asset. That’s a big ‘if’ of course, and VanEck thinks the Chinese Yuan is a more likely contender. The lofty assessment for BTC came in…
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Analysts debate Bitcoin’s next step after today’s $45.5K retest

The euphoric calls for a return of the bull market may have been a bit early especially after Bitcoin (BTC) bulls failed to push the price over the $46,000 level on March 31. Even with the current pullback, analysts continue to expect a lower support retest at the $45,000 level. Data from Cointelegraph Markets Pro…
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$ BTC $45,802 ETH $3,288 BNB $430 SOL $124 XRP $0.82 BCH $383 XMR $213.4 DASH $127 EOS $2.87 ZEC $180 NEO $27.21 XLM $0.232 USDT $1.0000 MIOTA $0.86 DOGE $0.14 UNI $11.33 YFI $22,768 MATIC $1.63 BAND $4.86 LINK $17.05 DOT $21.50 COMP $149.25 AAVE $208.23 SUSHI $4.43 SNX $7.09 CAKE $8.77 X BTC…
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Kuna CLO breaks down Ukraine’s digital asset law

While many parts of Ukraine are still facing threats from Russia’s military, some residents, industry leaders and government officials are turning to digital assets for help in relocating people, funding humanitarian aid projects and getting supplies to its own soldiers. On Feb. 17, exactly one week before Russian forces began their attack on Ukraine, the…
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Bitcoin mining finds fresh support from Russian Finance Ministry

As Russia continues to work on new regulations for the cryptocurrency industry, the Russian Ministry of Finance has expressed fresh support for Bitcoin (BTC) mining. Russia should encourage the development of industrial-level cryptocurrency mining in the country, the Ministry’s director of the financial policy department Alexey Yakovlev urged. There’s also no point in banning retail…
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Bitcoin derivatives metrics favor a move to $48K, but only after a lower support retest

Bitcoin (BTC) saw an 11% gain in the past week after the $46,000 resistance finally broke after 82 days. Many crypto pundits argue that Terraform Labs CEO Do Kwon has played an important role in the price change, but is yet to be determined. A Bitcoin address thought to belong to Terra has now amassed almost…
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Bitcoin suddenly dives to $46K as attention focuses on large CME futures gaps

Bitcoin (BTC) began to show fresh signs of an impending correction on March 31 as BTC price action began to eat into last weekend’s CME futures gap. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Up or down, CME futures gaps provide targets Data from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly spiking down by $1,000…
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Seven common mistakes crypto investors and traders make

Investing in cryptocurrencies and digital assets is now easier than ever before. Online brokers, centralized exchanges and even decentralized exchanges give investors the flexibility to buy and sell tokens without going through a traditional financial institution and the hefty fees and commissions that come along with them. Cryptocurrencies were designed to operate in a decentralized…
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the Bitcoin Lightning party in Portland

There is “grassroots evidence” that “America is adopting Bitcoin,” according to Clay Graham, founder of Rapaygo and a Bitcoin Lightning Network (LN) enthusiast.  At a Bitcoin Lightning festival held in Portland, United States over the weekend, the Bitcoin LN clocked more than $200 (four million Sats) in just three hours. Hailed as “Puddle Town on…
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30% crypto tax becomes law in India following Finance Bill approval

The Indian Finance Bill 2022 with new 30% crypto tax rules was approved by the Rajya Sabha, the upper house of the Indian parliament, to make it a law today that will come into effect starting on April 1. The approval of the bill by the upper house of the parliament comes within a week of…
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