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Bitcoin consolidates right below Fib level that triggered 2013 all-time highs

Bitcoin (BTC) continued to track sideways on Nov. 7 amid warnings that now is “not the time” to sell BTC. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Not the time to be selling” Data from Cointelegraph Markets Pro and TradingViewshowed BTC/USD lingering near $62,000 throughout Sunday. The pair had continued a flat period over the weekend, as market participants waited…

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Congress Passes $1.2 Trillion Infrastructure Bill Crypto Advocates Criticize Amended Broker Definition, Tax Code 6050I – Bitcoin News

Congress has passed the Biden administration’s bill aimed at improving infrastructure, fighting climate change, and bolstering social services. The $1.2 trillion infrastructure bill, which also expands the definition of a broker, awaits U.S. president Joe Biden’s signature after passing with a vote of 228–206 on Friday. Bipartisan Infrastructure Bill Passes to the Tune of $1.2 Trillion The bipartisan infrastructure bill…

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Solana surpasses Cardano, Tether to become fourth-biggest crypto worth $76 billion

Solana (SOL) surpassed Cardano (ADA) and leading stablecoin Tether (USDT) to become the fourth-largest cryptocurrency by market capitalization. At press time, the net worth of total SOL tokens in circulation was a little over $76 billion, falling only behind Binance Coin’s (BNB) $109 billion, Ether’s (ETH) $540 billion, and Bitcoin’s (BTC) $1.17 trillion. Top ten cryptocurrencies by market cap as…

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6 Questions for Daniela Barbosa of Hyperledger – Cointelegraph Magazine

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes!   This week, our 6 Questions go to Daniela Barbosa, general manager for blockchain, healthcare and identity at the Linux Foundation and executive director of Hyperledger. At Hyperledger, Daniela is…

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Digital Euro Should Be Attractive But Not Too Successful, ECBs Panetta Says – Finance Bitcoin News

The digital euro should be an attractive means of payment but its design should prevent it from becoming so successful as a store of value that it threatens banks and private money, according to Fabio Panetta, a high-ranking executive at the European Central Bank. Panetta stressed that both this paradox as well as the need to issue a successful CBDC…

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Solana Hits All-Time High of $260

Solana set another all-time high last night. Just two days after the Ethereum competitor crossed the $250 threshold, prices surged yet again, taking Solana to $260 by 9.39PM UTC. At the time of writing, it trades for $251.53, a 3.32% pullback, but still 35% higher than it was seven days ago. Todays news adds further excitement to what has been…

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