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Ether (ETH) could break US$2,400 in 2023, before ending the year at $2,184 48% of panelists think ETH will overthrow BTC as the number one cryptocurrency Nearly a quarter of panelists (24%) think ‘the flippening’ will happen as soon as 2025 PRESS RELEASE – Ether is bound for another volatile year in 2023, according to Finder.com‘s latest Ethereum Price Predictions Report.  Finder’s panel of 56 fintech and cryptocurrency specialists think ETH will go as high as US$2,474… Source link

At the end of January, the Arizona legislature introduced a new bill to make Bitcoin (BTC 3.17%) legal tender within the state. If the bill passes into law, Arizona will become the first U.S. state where Bitcoin has the status of legal tender. The move — while it might appear quixotic to many crypto skeptics — is actually similar to the one made by El Salvador back in September 2021, when it became the first nation in the world to make Bitcoin legal tender. Since then, the government of… Source link

More coins and new projects will emerge in 2023 as cryptocurrencies continue to gain popularity. Despite the severity of the bad market, we saw a slew of presales in 2022, and more cryptocurrency innovations are still on the way. Web2 businesses are wanting to join this transformation, and with that comes many advancements in the crypto scene that are worth the wait. The cryptocurrency economy is here to stay, and despite the crypto winter, there are investment possibilities that have the… Source link

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ZUG, Switzerland, Feb. 2, 2023 /PRNewswire/ — The Bitcoin Association is delighted to announce the appointment of Cyrille Albrecht as Managing Director, Ewa Merino as Director of Finance and Operations, and Marcin Zarakowski as a new member of the Executive Committee. Cyrille joins The Bitcoin Association with over two decades of senior IT experience, most recently holding the position of Chief Technology Officer for Taal – a global team of industry-leading experts focused on creating… Source link

Bitcoin (BTC) faces a sink-or-swim resistance test to confirm its “macro breakout,” new analysis says. In a tweet on Feb. 2, on-chain monitoring resource Material Indicators flagged key levels to flip to support after BTC/USD spiked above $24,000. Bitcoin price gears up for trend line showdown In what was ultimately a boon for Bitcoin bulls, the United States Federal Reserve delivered what risk-on traders wanted to hear on Feb. 1. With Chair Jerome Powell using the word “disinflation,”… Source link

The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment of the crypto community, Finance Minister Nirmala Sitharaman did not mention crypto in her Budget speech this year. Crypto income remains taxed at 30% while TDS stays at 1%. No Crypto Tax Relief in India Indian Finance Minister Nirmala Sitharaman presented the Union Budget 2023 in parliament Wednesday, one day after she presented… Source link

Only days after the launch of the Bitcoin (BTC)-based Ordinals protocol, its creators have had to deal with its first shock pornographic image which has been inscribed into the blockchain. On Feb. 2 at around 12:15 AM UTC, an unsavory image known as “goatse” was inscribed onto the Bitcoin blockchain via the Ordinals protocol. It featured on inscription 668 and was live on the Ordinals’ front page for roughly half an hour before the image was removed. It still exists on the blockchain but… Source link

The non-fungible token (NFT) project by former U.S. President Donald Trump has helped its host network, Polygon, outsell Ethereum on the leading NFT marketplace OpenSea for the second straight month, according to transaction data. See related article: New Bitcoin protocol may shake up the NFT market Fast facts According to blockchain data aggregator Dune Analytics, there were 1.3 million Polygon NFTs sold in December and 1.5 million in January, while Ethereum’s numbers for those same months… Source link

How long bitcoin continues to trade in its current range near or above $23,000 remains unclear with some market observers believing that prices will retreat, but others highlighting more optimistic signs, including the Fed’s last two more moderate rate hikes. “Historically, as interest rates rise moderately, as opposed to aggressively the average returns and bitcoin increase massively, more so than traditional assets since the speculators return quickly to buy as the credit and money become… Source link