The Israeli authorities have issued a seizure order targeting nearly $8 million worth of cryptocurrency holdings controlled by the Islamist terror group Hamas.

The order, signed by Defense Minister Benny Gantz on June 30, stated that the assets would be used to “perpetrate a severe terror crime.” Israel’s National Bureau for Counter Terror Financing (NBCTF) published extensive details of the Hamas crypto assets, including the names, ages and Palestinian Authority ID numbers for seven individuals who hold the crypto wallets containing the currencies, along with the various coins transacted.

Bitcoin holdings account for just under half of the Hamas crypto assets targeted by the Israeli seizure order.

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Category: News | Views: 217 | Added by: danyagames2007 | Date: 08.07.2021 | Comments (0)

In the chart below, BTC’s price fell to as low as 31,000, but with less volume than the previous nosedives, which is a positive signal and can indicate early signs of supply exhaustion. The price then rallies back up to continue the trading range.

WyckoffSecondaryTestPhaseB-min

Phase C – Spring and Test
This phase is where larger players intentionally sell to sharply drive down the price, pushing weak hands to act in panic and dispose of their assets at low prices.

Usually, the traders will briefly drive prices below the trading range and send them back up as they start buying substantial supply amounts.

During the Spring, the price falls, but not as much as the Selling Climax (phase A). More importantly, volume spikes, showing that large players are heavily accumulating and absorbing supply.

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Category: News | Views: 217 | Added by: danyagames2007 | Date: 08.07.2021 | Comments (0)

Bitcoin made a lot of noise in 2020 as it was one of the best assets for investors to own. Lately, though, Bitcoin and the cryptocurrency industry as a whole have lost a lot of momentum. This has many investors wondering when Bitcoin will rally again.

To understand when it could rally, we need to understand why it rallied. And there are several reasons why Bitcoin, along with the entire cryptocurrency industry, rallied throughout 2020 and into 2021.

Part of the reason was down to all the currency that central banks created over the last year. That, combined with the improving technology of these cryptocurrencies, led to a massive revolution.

Even factors such as Elon Musk’s continuous tweeting helped give it mo ... Read more »

Category: News | Views: 182 | Added by: danyagames2007 | Date: 08.07.2021 | Comments (0)

After Elon Musk posted his tweet to join the line of celebrities who support Britney Spears in her case against conservatorship, as was covered by U.Today previously, he received a comment from Twitter user @Crypt0men.

Musk “singing” in a falsetto-voice
The latter asked Musk to resume shilling Bitcoin and sent him a drawing of Musk, animated and singing a song of a Russian pop singer Vitas known for his extremely high-pitched voice.

The centibillionaire has clearly enjoyed this joke and posted two “rofl” emojis in response.

These days, Elon Musk prefers to post memes about Dogecoin only and pump this meme-token on his Twitter page.

Chinese crypto news outlet 8BTC has offered a co ... Read more »

Category: News | Views: 186 | Added by: danyagames2007 | Date: 08.07.2021 | Comments (0)

A Bitcoin exchange-traded fund (ETF) set up by former Trump communications officer Anthony Scarammuci is set to wait even longer to arrive on the US market after regulators pushed back a review of the application.

In a filing overnight, the Securities and Exchange Commission (SEC) said its review period for the application of the First Trust SkyBridge Bitcoin ETF Trust, which was filed on May 6, has been extended to August 25 from the initial deadline of July 11.

READ: SEC reiterates cautious stance on Bitcoin futures
The SEC said the extension will provide it with “sufficient time to consider the proposed rule change and the comments received”.

The SEC’s decision to extend its review period aligns with a strongly cautious attitude taken by the regulator towards crypto-related products.

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Category: News | Views: 126 | Added by: danyagames2007 | Date: 08.07.2021 | Comments (0)

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