Zcash Debate, Altcoin Uncertainty, Scaramucci Invests $100M

Today in crypto, Zcash vs Bitcoin debate deepens, Solari Capital, led by AJ Scaramucci, has put more than $100 million into American Bitcoin, and a crypto executive weighs in on investor outlook beyond Bitcoin and Ethereum. Zcash rebounds to over $700 and drops back down as ZEC vs BTC debate heats up The price of…

ETH Price is Close to a Breakout for 25% Gains

Ethereum’s native token, Ether (ETH), is “seconds away” from entering a convincing breakout stage, according to analyst Kamran Asghar. Key takeaways: Ether is nearing a breakout from a falling wedge, with a target of $4,400. A bullish crossover in Ether’s MACD indicator supports the short-term upside outlook. ETH price may rise above $4,400 by mid-December…

One Coin To Rule Them All or Is There Room for Both?

The debate between the Bitcoin (BTC) and Zcash (ZEC) communities intensified on Sunday as the price of Zcash recovered to over $700, after falling to a low of $598 on Saturday. “The ‘Bitcoin only, everything else is a scam’ crowd is going to get really twisted trying to figure out what to say about Zcash,”…

One Coin To Rule Them All or Is There Room for Both?

The debate between the Bitcoin (BTC) and Zcash (ZEC) communities intensified on Sunday as the price of Zcash recovered to over $700, after falling to a low of $598 on Saturday. “The ‘Bitcoin only, everything else is a scam’ crowd is going to get really twisted trying to figure out what to say about Zcash,”…

Is Bitcoin Bottom Near? BTC Approaches ‘Death Cross’ as Market Tests Key Historical Pattern

Glassnode data shows that bitcoin’s “death cross,” a technical analysis term that may indicate a bearish signal, is imminent, but with a catch. The 50-day moving average for bitcoin at $110,669 is now on the verge of slipping below the 200-day moving average at $110,459, potentially triggering the death cross. This crossover is widely viewed…

Japan Plans to Classify Crypto as Financial Products, Cut Tax

Japan’s Financial Services Agency (FSA) is preparing an overhaul of the country’s crypto regulatory framework, moving to classify digital assets as “financial products” under the Financial Instruments and Exchange Act. The plan would introduce mandatory disclosures for 105 cryptocurrencies listed on domestic exchanges, including Bitcoin (BTC) and Ether (ETH), and bring them under insider trading…

Bitcoin, Altcoins Crumble As Stocks Rally Ahead Of Govt Shutdown Vote

Bitcoin (BTC) bulls pushed the price above $105,000 on Wednesday, but the bears pounced on the rally and pulled the price below $102,000. That shows the bears are not willing to relinquish their advantage. Morgan Stanley Wealth Management investment strategist Denny Galindo has turned cautious on the BTC rally. In a podcast episode titled Crypto…

Scaramucci family invested over $100M in American Bitcoin

Today in crypto, Solari Capital, led by AJ Scaramucci, has put more than $100 million into American Bitcoin, a crypto executive weighs in on investor outlook beyond Bitcoin and Ethereum. Meanwhile, Steak ‘n Shake announces expansion into El Salvador. Scaramucci family invested over $100M in Trump’s Bitcoin mining firm: Report The Scaramucci family has invested…

BTC Dips as Stocks, Gold Rally Ahead of Key US House Vote

US stock markets soared on Wednesday as investors anticipated a US House of Representative vote on a bill to end the government shutdown. Bitcoin (BTC), on the other hand, fell from an intraday high of $105,300 to a weekly low near $101,200, marking a 3.4% decline. Key Takeaways: Bitcoin dropped 3.4% amid renewed flows into…

Japan Plans to Classify Crypto as Financial Products, Cut Tax

Japan’s Financial Services Agency (FSA) is preparing an overhaul of the country’s crypto regulatory framework, moving to classify digital assets as “financial products” under the Financial Instruments and Exchange Act. The plan would introduce mandatory disclosures for 105 cryptocurrencies listed on domestic exchanges, including Bitcoin (BTC) and Ether (ETH), and bring them under insider trading…