Scott Matherson is a well-known figure in the cryptocurrency world, particularly for his insightful writing at NewsBTC. His ability to decode complex crypto topics and present them in a clear and engaging manner has earned him a solid reputation among readers. With a background in industries like banking and investment, Scott has been able to
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Bitcoin (BTC) has been facing a continuous downtrend, with the cryptocurrency dropping to new local lows of under $59,000. This recent decline was particularly notable during the mid-hours of the United States Monday trading session, when BTC briefly slipped below $60,000 to hit a new low of $58,500. One of the significant factors contributing to
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The cryptocurrency market, once a hotbed of activity and excitement, is now experiencing a significant slowdown. Bitcoin, the pioneer and leader of the digital currency realm, has taken a nosedive after reaching dizzying heights earlier this year. The recent weeks have been tumultuous, with a mass exodus of investors abandoning Bitcoin due to its prolonged
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Anthony Scaramucci, the founder of SkyBridge Capital, has made bold predictions about the future of Bitcoin. He has stated that if Joe Biden wins the upcoming presidential election, Bitcoin could reach new all-time highs. Scaramucci believes that under a second Biden administration, Bitcoin could surge to levels between $170,000 and $250,000. Scaramucci, a vocal supporter
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Louisiana Governor Jeff Landry recently signed a groundbreaking bill, HB 488, aimed at protecting the rights of individuals and businesses involved in cryptocurrency transactions. The bill specifically prohibits central bank digital currencies (CBDCs) and ensures the safeguarding of crypto mining activities. One of the key provisions of the bill is the guarantee that individuals and
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Bitcoin’s price has been on a rapid decline in the past few days, failing to sustain levels above $70K. The market is now approaching a crucial level as it heads towards the $60K support zone. The 200-day moving average at around $58K could act as a key indicator of future price movement. A break below
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