Bitcoin’s next significant price catalyst may arrive this Friday as the United States debt suspension period comes to an end, potentially injecting fresh liquidity into markets and driving a price rebound. The US Treasury hit its $36 trillion debt ceiling a day after President-elect Donald Trump’s inauguration on Jan. 20. Treasury Secretary Janet Yellen announced…
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The Russian central bank is considering a three-year experimental regime to authorize select Russian investors to trade cryptocurrencies. On March 12, the Bank of Russia announced a proposal to allow a “limited circle of Russian investors” to buy and sell cryptocurrencies like Bitcoin (BTC). “In accordance with the instructions of the President of Russia, the…
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The Russian central bank is considering a three-year experimental regime to authorize select Russian investors to trade cryptocurrencies. On March 12, the Bank of Russia announced a proposal to allow a “limited circle of Russian investors” to buy and sell cryptocurrencies like Bitcoin (BTC). “In accordance with the instructions of the President of Russia, the…
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The European Union’s latest retaliatory tariffs have deepened macroeconomic uncertainty, prompting crypto analysts to forecast increased volatility for Bitcoin prices, which may drop below the critical $75,000 support level. The EU will impose counter-tariffs on 26 billion euros ($28 billion) worth of US goods starting in April, the European Commission announced on March 12, responding…
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Gemini crypto exchange, founded by Cameron and Tyler Winklevoss, is expanding its trading capabilities for institutional clients in Europe by introducing US dollar payment support Gemini has partnered with Liechtenstein-based Bank Frick to enable US dollar payment rails for institutional customers in the United Kingdom and Switzerland, the firm said in an announcement shared with…
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Bitcoin (BTC) whales are back buying BTC while “panic” keeps smaller investors away, new research reports. Data from onchain analytics platform CryptoQuant shows sell-side pressure from Binance whales cooling. Bitcoin whales reset market approach Bitcoin at $80,000 is proving attractive for large-volume investors — or at least a poor-value selling proposition for those wishing to…
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US Representative Tom Emmer argued for prioritizing pro-stablecoin legislation in a March 11 House Financial Services Committee hearing, while calling central bank digital currencies (CBDC) a threat to American values. On March 6, Emmer reintroduced the CBDC Anti-Surveillance State Act in the House of Representatives. Emmer renewed his call for Congress to pass the legislation…
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Opinion by: Mohammed Idris, Minister of Information of Nigeria Nigeria has emerged as one of the most active and dynamic crypto markets in recent years. From bustling tech hubs in Lagos to grassroots communities in smaller cities, young Nigerians have turned to cryptocurrencies to address fundamental economic challenges, from hedging against inflation to accessing global…
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Bitcoin buyers who purchased around when it hit a $109,000 all-time peak in January are now panic-selling as the cryptocurrency declines, says onchain analytics firm Glassnode, which isn’t ruling out that Bitcoin could slide to $70,000. Glassnode said in a March 11 markets report that a recent sell-off by top buyers has driven “intense loss…
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Bitcoin has clocked a 7% gain over the past 24 hours despite all of its valuation metrics leaning bearish and US demand recently waning off. “All Bitcoin valuation metrics indicate that we are in bearish territory,” onchain analytics platform CryptoQuant said in a March 11 markets report viewed by Cointelegraph. Demand falling at “fastest pace”…
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