WorldPingBitcoin’s price was back around $79,000 early Wednesday after buyers aggressively defended Tuesday’s plunge to $77,603, putting the leading crypto asset within striking distance of its $79,742 session high.
This is a short WorldPing brief. The full report was published by Bitcoin.com.
Read the full report at Bitcoin.comMore coverage: all crypto & markets news on WorldPing.
WorldPingData shows that, in the short term, the bitcoin price has been reacting more strongly to U.S. economic data releases than to the Federal Reserve’s actual rate decisions, which were influenced by that data.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingExisting holdings would keep the current tax treatment, which can allow tax-free sales after a 12-month holding period.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingBitcoin advanced to as high as $79,700 while Brent crude topped $100 and European shares fell, leaving crypto tracking gold rather than equities.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingBitcoin aggregate onchain profit entered its fourth week, but a popular analyst warned that BTC price “downside risk” remained in place.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingBuilders Bank would consolidate custody work Block now runs under more than 50 state money transmitter licenses.
Brief by WorldPing · Original reporting by Decrypt
WorldPingThe proposed Builders Bank would offer federally supervised digital asset custody but would not accept deposits or issue loans.
Brief by WorldPing · Original reporting by Cointelegraph
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