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The British government follows the US with over $4.3 billion worth cryptocurrency holdings.
With Bitcoin’s next halving just a week away, but what exactly is a halving and why is it debated?
On the other hand, inflows into Bitcoin ETFs have been minimal, indicating declining investor engagement.
CryptoQuant says demand growth will be the key driver of prices post-halving.
Many analysts remain optimistic that SHIB’s price will soon take off: check out their reasons.
Quick Take Bitcoin’s next halving event, when the miners’ block subsidy reward gets cut in half, is now just one week away, according to The Block’s halving countdown. The estimated time remaining would see Bitcoin’s fourth halving arrive on April 20, with the block subsidy dropping from 6.25 BTC to 3.125 BTC.
- 20:55US Treasury and IRS Finalize Tax Filing Requirements for Specific Crypto Digital Currency BrokersAccording to market news, the U.S. Treasury Department and the IRS finalized tax filing requirements for certain crypto digital currency brokers (RIN 1545-BR39, TD 10021). The Biden administration's progress in developing this regulatory regime has been delayed due to the cryptocurrency industry's resistance to tracking transactions.
- 20:08ORDI price reaches $26.56 per coin, up 3.03% on the dayORDI's latest price reached $26.56 today, up as much as 3.03%, with a trading volume of $113 million After analyzing the k-chart, it is currently in an oscillating trend. It is down sharply from 14:00, penetrating the low of 15:00 and down from 09:00. The simultaneous decline in price and volume suggests that market activity is weakening, with both buyers and sellers inactive. The market may be waiting for new drivers. In this case, prices may continue to be low or move sideways in the future until new market news or events occur. Investors should pay attention to market changes and events that may trigger price fluctuations. Trading volume decreases and price and volume fall in tandem. According to the Williams indicator, there is no overbought or oversold condition. The volume of trading has decreased recently, the number of trades is lower than in the previous hours, the price and the volume of trades are falling at the same time: the market is cold and trading is not active. Market activity is low, the rise may be a short-term fluctuation, it is recommended to continue to wait and watch the market dynamics. The above is for reference only and does not constitute investment advice.
