BTC’s price reached its highest level since late July, but US dollar strength is starting to undermine Bitcoin bulls’ confidence.
Bitcoin news
James Howells has expressed his frustration with Newport City Council for refusing to allow him to retrieve a Bitcoin hard drive from a local landfill, pushing him to take legal action.
When Musk tweets, the crypto market listens — and often pays the price.
The European Securities and Markets Authority acknowledged the legal limitations raised by the European Commission but emphasized the importance of the framework’s initial objectives.
Industry watchers are pointing to Bitcoin’s increasing correlation with the winning odds of former President Donald Trump.
MicroStrategy is up over 1,500% since 2020, while the S&P 500 index rose just over 111% during the same four-year period.
In addition to raising the withholding tax on Bitcoin capital gains to 42%, Italy also plans to remove the 750,000 euro web tax threshold.
Bitcoin short-term holders waste no time in sending coins in profit to exchanges for a mass profit-taking event.
Bitcoin’s failure to hold $68,000 could be an early sign that a price reversal is beginning.
After the latest $630,000 transfer, the Bitcoin whale has now sent $5.47 million worth of Bitcoin to Kraken in the last two months.