3 reasons why Bitcoin (BTC) price is down today
Strong macroeconomic data, fear of an artificial intelligence bubble and an ongoing court case could be factors in Bitcoin’s multiday correction.
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Bloomberg: Japan Gauges Interest in Bitcoin ETF as Pundits Talk Down US Approval Rumors
Japan’s financial regulator is considering allowing Bitcoin (BTC) exchange-traded funds (ETF), an anonymous source told Bloomberg on Jan. 7.Citing a person familiar with the matter, the publication reports that the Financial Services Agency (FSA) is testing interest in an ETF with a view to potentially giving the instrument the green light to trade on domestic…

‘Crypto Valley’ residents can now pay taxes in Bitcoin
Authorities in the canton of Zug now embrace cryptocurrency for tax settlement. The Swiss canton of Zug is making it easier to imagine a world in which cryptocurrency users are resolutely in the mainstream.The canton — which has earned itself the moniker of "Crypto Valley" for its positive stance towards cryptocurrencies — will begin allowing citizens…

Ethereum’s spot setup looks grim, but derivatives data tells a different story
Ether (ETH) price fell below the $3,000 support on Sept. 20 as global markets entered a risk-aversion mode. The Invesco China Technology ETF (CQQQ) closed down 4.2%, while the SPDR S&P Metals and Mining ETF (XME) lost 3.8%.Some analysts pointed to the potential ripple effects of the default of Evergrande, a major Chinese real estate…

Bitcoin Fixed Supply Means Futures Aren’t a ‘Threat’ to Price — PlanB
The Bitcoin (BTC) price analyst who created one of the industry’s best-known prediction models thinks futures markets will not undermine the cryptocurrency. In a Twitter debate on Dec. 26, PlanB, father of the Stock-to-Flow tool, dispelled fears that Bitcoin futures markets could negatively impact price.‘Inelastic’ supply preserves BTC“I don't see futures as a threat to #bitcoin,”…

US FSC Chairman eyes regulatory clarity for crypto, stablecoin ecosystems
The upcoming FCA meeting is aimed at providing regulatory clarity for the digital asset ecosystem — cryptocurrencies, blockchain development and stablecoin payments. The Chairman of the House Financial Services Committee (FSC), Patrick McHenry, announced a markup of a few legislations, three aimed at providing regulatory clarity for the digital asset ecosystem — cryptocurrencies, blockchain development…

SafeMoon hacker agrees to return 80% of stolen funds, says development team
The attacker will be allowed to keep the remaining 20% of exploited crypto, according to SafeMoon developers. 234 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe attacker who drained $8.9 million of Binance Coin (BNB) from SafeMoon has agreed to return 80% of the funds, according to…

Telegram to get mini app store by the end of July—Pavel Durov
According to the company, Telegram has over 900 million monthly active users and ranks among the top 10 most downloaded apps worldwide.

XRP Tops Cryptocurrency Price Gains After Coinbase and ETN Rollout
United States cryptocurrency exchange Coinbase confirmed it had rolled out XRP trading to New York users in a social media update on May 13.Amid bitcoin’s (BTC) ongoing bull market, XRP topped the day’s best performers on Tuesday following the news, XRP/USD delivering up to 22% gains in the 24 hours to press time.Coinbase Pro had…