[LONDON, United Kingdom] — The introduction of a proposal regarding a cryptocurrency trading ban as a bill to Hong Kong’s legislative council is looming in the East Asian territory. The Special Administrative Region’s government is reportedly looking into this plan later this year. We want to inform cryptocurrency traders reading
Bitcoin Info News Articles by Crypto Frontline
The price of Bitcoin is starting the new week with a bang after major announcements from Tesla had just been released. Elon Musk, the CEO and founder of the company, had been actively posting on Twitter on crypto-related matters and now it seems like the automaker has a stake in
Although Bitcoin is lagging behind other major altcoins in terms of price action momentum, it had begun showing signs of strength since a few days ago, rising towards the key $40k area where it is hovering at the time of writing. After posting a massive rally, BTC took a few
The Bitcoin momentum continues to deteriorate as the week is getting close to an end since the price dropped below $30,000 and found some short-term support around $28,800. This represents the largest selloff since March, as a series of fears are dragging on the bullish sentiment. Even though last week
It was the first week of impulsive selling for Bitcoin seen in months, as the market finally reached a tipping point. During the past several weeks we’ve warned that a dip will very likely occur, given the extreme overbought conditions. However, even if the selloff unfolded, it didn’t take long
Nothing seems to be stopping the BTC buying mania and as a result of positive flows, the price action edges higher parabolically, breaking all-time highs one after the other. A few hours ago, the price broke above $28,000, and even though it found some short-term selling above that area, the
The Bitcoin price continues to impress and after breaking above the 2017 high, an overshoot occurred, driving valuations to levels not seen before. At the time of writing, BTC is trading little above $23,000, a level that would have seem impossible several months ago. The rally is unprecedented and does
There had been a muted activity in the Bitcoin market so far in December as the buyers are now looking to take a break following the impulsive run higher that started in September. In the absence of ground-breaking news and muted US dollar performance, there wasn’t enough incentive to push
Another week another record for the Bitcoin price and this time the price action not only reached a new 2020 milestone but also managed to briefly touch a new all-time high on the Coinbase exchange. On the back of US dollar weakness, the largest cryptocurrency continues to march higher and
The SEC’s Chairman Jay Clayton was recently interviewed on the CNBC show Squawk Box and among the topics discussed, Bitcoin had been one of the main highlights, considering the role of the regulator during the past few years. Even though the Securities and Exchange Commission continues to advocate for more
