Bitcoin Price Prediction: BTC Hits $64,165 Amid Market Fluctuations and ETF Inflows in Play

Today, Bitcoin (BTC/USD) shows modest growth, trading at $64,165. This Bitcoin price prediction explores this slight uptick in detail, highlighting the cryptocurrency’s resilience in a fluctuating market. Key resistance lies at $67,687 while support hovers around $63,654, indicating potential fluctuations in Bitcoin’s near-term market trajectory. Bitcoin ETFs See Turnaround with $59.7M Inflows: Market Sentiment Shifts...

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EU Introduces New AML Law: Here’s What it Means to Crypto

The European Union (EU) has formally passed a new anti-money laundering regulation (AMLR), applicable to all crypto-asset service providers (CASPs). The laws would provide more powers to Financial Intelligence Units (FIUs) to detect and combat money laundering and terrorist financing. Per a Wednesday’s announcement, the package of legislations would impact crypto exchanges, brokers, regulated under...

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Bitcoin Inflation Rate At An All-Time Low

Bitcoin’s inflation rate has reached a new milestone, recording an all-time low of approximately 1.74%, just days after the latest Bitcoin halving.  With 93.3% of Bitcoin already mined, translating to 19.6 million out of the possible 21 million BTC, the scarcity factor is anticipated to drive demand further, potentially fueling a surge in the price...

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Will A Stablecoin Bill Really Pass Before The Presidential Election?

Between Representatives Cynthia Lummis and Kirsten Gillibrand’s new stablecoin bill and Congresswoman Maxine Waters’ renewed optimism in stablecoin legislation, will a new law regulating the fiat-pegged cryptocurrencies be enacted anytime soon? Cody Carbone, Chief Policy Officer at The Digital Chamber, said last week that he would only give the odds of any stablecoin legislation passing...

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