Bitcoin price consolidates within a narrow range, with traders closely watching liquidity levels and a potential breakout towards new all-time highs.
Tag: Bitcoin Adoption
Bitcoin Profit-Taking Accelerates as Large Holders Sell Off: What It Means for the Market
Recent data suggests large Bitcoin holders are taking profits after the cryptocurrency’s surge to new highs. This analysis explores the potential market impact of this trend.
California Moves Closer to Crypto Adoption: Bill to Accept Digital Payments Passes Assembly
California’s Assembly has passed AB 1180, a bill requiring the state’s financial regulator to develop rules for accepting crypto payments for state services. This could have significant implications for crypto adoption and mainstream acceptance.
SEC to Shift Crypto Policy Towards ‘Notice and Comment’ Rulemaking: A New Era?
New SEC Chair Paul Atkins signals a significant shift in crypto regulation, moving away from enforcement-based actions towards a more transparent ‘notice and comment’ rulemaking process. What does this mean for the future of crypto in the US?
Bitcoin Supply Squeeze: Will Shrinking BTC Reserves Trigger a Price Surge?
Sygnum Bank reports a 30% drop in Bitcoin’s liquid supply amidst rising institutional demand and potential state-level Bitcoin reserves, hinting at a possible price breakout. Here’s why it matters.