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1. Bitcoin Holds Steady Above $64K Bitcoin has continued its upward trajectory, trading just above $64,000. The market is closely watching for any signs of a pullback or further gains.
2. Ethereum Eyes $2,7K Resistance Ethereum is also showing strength, with its price approaching the $2,700 level. A break above this resistance could lead to significant price appreciation. #etherreum
3. TON Price Crashes After Telegram CEO Arrest The price of Toncoin (TON) plummeted after the arrest of Telegram CEO Pavel Durov in France. The token lost nearly 20% of its value in a short period. #TelegramCEO
4. Bitcoin Mining Opportunity Worth $74B JPMorgan has estimated that the Bitcoin mining opportunity is worth around $74 billion. This suggests that there is still significant potential for growth in the mining sector. #bitcoin
A former RBI deputy governor has expressed doubts about the success of central bank digital currencies (CBDCs) in India, citing the widespread use of UPI as a barrier to adoption. #BNBChainMemecoins
Certainly! Here are some recent Bitcoin news highlights:
1.Weekend Price Swings: Claims have been made that Bitcoin prices make significant moves during weekends when trading volumes are low, providing lucrative trading opportunities.
2. September Spotlight: Bitcoin has reclaimed the $61,000 level, boosted by long-term holders' confidence and stablecoin supply signaling increased liquidity.
3. Fed Rate Cut Backing: Bitcoin posted gains after the Federal Open Market Committee signaled a potential interest rate cut in September.
1. **"Bitcoin vs. Gold: Can Digital Gold Surpass Its Physical Counterpart?"** Following the recent market downturn, industry experts are questioning whether Bitcoin still deserves the title of "digital gold."
2. **"Bitcoin Buyers Anticipate Sub-$58K Levels as Japan Recovers from Historic Stock Plunge."** Insights from trading firm QCP Capital suggest that Bitcoin could still reach its all-time high next month, despite the broader macroeconomic challenges.
3. **"Scammers Target Residents in Montgomery County, Pennsylvania, Demanding Bitcoin to Settle Warrants."** Authorities in Montgomery County are warning the public about a new scam where residents are being asked to pay Bitcoin to resolve alleged active warrants.
Turkey has announced 47 cryptocurrency companies that have applied for licenses. Well-known cryptocurrency exchanges include Bitfinex, Binance TR, OKX TR, etc., but other major cryptocurrency exchanges are not yet on the list of license applications, including Coinbase, Bybit, KuCoin, MEXC, Gate, etc..
The DGGI has levied a demand of Rs 722 crore on Binance for unpaid GST on trading fees. This marks the first instance of the DGGI targeting a cryptocurrency exchange, suggesting that more notices to other exchanges could be forthcoming.