The Return of Bitcoin Bull Market: Will Governments Eventually Defeat Bitcoin?

Bitcoin has continued to make moves to recover recent losses having reached a week high of $38,500. In a week that sees most altcoin failing to produce gains, Bitcoin dominance is booming. Will Government regulations make or mar Bitcoin? After falling to as low as $31,000 on Tuesday, Bitcoin started to reclaim its lost ground …

Read moreThe Return of Bitcoin Bull Market: Will Governments Eventually Defeat Bitcoin?

Crypto News Digest May 30 – June 5

Cryptocurrencies

May 30, 2021 Indian banks sends cautionary email to customers to adhere to RBI guidelines and refrain from crypto transactions U.S. Senator Rick Scott urged Treasury Secretary Janet Yellen to take massive action on cryptocurrency scams, which have cost consumers at least $80 million. Ripple stops US securities and exchange from accessing its legal concerns …

Read moreCrypto News Digest May 30 – June 5

Bitcoin Market Analysts Divided Over Price Trajectory

CryptoCaptain market sentiment

Yet another choppy week of price action in the crypto sphere. With Bitcoin down by about 4.7% this week, having tested a resistance at $40,760 last week. Analyst remain divided over short and intermediate term trajectory of the cryptocurrency giant. Bloomberg Analyst: Bitcoin more likely to hit $100K than $20K in 2021 Bloomberg senior commodity …

Read moreBitcoin Market Analysts Divided Over Price Trajectory

Crypto News Digest May 23 – May 29

Bitcoin Sell season - CryptoCaptain

May 23, 2021 Billionaire David Rubenstein Says ‘Unrealistic‘ to Think Government Will Stop Cryptocurrency From Being What Investors Want. Michael Hsu – the new chief of the OCC – revealed that the US independent bureau plans to put under review its crypto guidelines offered over the past year. He added that all federal banks should …

Read moreCrypto News Digest May 23 – May 29