The Traderszone Network

15 October, 2021 by The TZ Newswire Staff Comments Off on Why Bitcoin Surged Above $60,000 Today

Why Bitcoin Surged Above $60,000 Today

The price of Bitcoin (CRYPTO: BTC) jumped 7% to more than $61,000 on Friday following a report that U.S. regulators would allow an exchange-traded fund designed to track the popular cryptocurrency to begin trading next week. 

The Securities and Exchange Commission will not block the first U.S. Bitcoin futures ETF from trading on Tuesday, according to Bloomberg. This news helped to extend a rally in the cryptocurrency’s price that has seen it more than double from its recent lows near $30,000 in July. 

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15 October, 2021 by The TZ Newswire Staff Comments Off on Putin: Still Early but Crypto Can Be Used for Oil Trade Settlements, Store of Value

Putin: Still Early but Crypto Can Be Used for Oil Trade Settlements, Store of Value

 Still Early but Crypto Can Be Used for Oil Trade Settlements, Store of Value

Accusing the U.S. of undermining the dollar through money printing and sanctions policy, President Vladimir Putin has admitted that cryptocurrency can be utilized for settlements in the future, although it’s too early to do that in oil trade.

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15 October, 2021 by The TZ Newswire Staff Comments Off on Next week’s US economic calendar is decidedly uninspiring

Next week’s US economic calendar is decidedly uninspiring

Bulls love bland markets
A close look through for next week leaves plenty to be desired. The calendar if Fedspeak is littered with a cast of characters who have been talking non-stop for weeks and the lone data point that might get the market moving is Friday’s Markit PMI, and that’s being generous.

15 October, 2021 by The TZ Newswire Staff Comments Off on Bitcoin Price Smashes $61.7K High — Leading Crypto Asset Needs to Gain Over 5% to Reach ATH

Bitcoin Price Smashes $61.7K High — Leading Crypto Asset Needs to Gain Over 5% to Reach ATH

Bitcoin Price Smashes $61.7K High — Leading Crypto Asset Needs to Gain Over 5% to Reach ATH

The price of bitcoin has continued to push toward higher prices as the leading crypto asset has tapped a high of $61,749 per unit on Friday. The crypto asset came awfully close (around 5.3% away) from tapping the all-time price high reached six months ago on April 14.

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15 October, 2021 by The TZ Newswire Staff Comments Off on Bitcoin Price Smashes $61.7K High — Leading Crypto Asset Needs to Gain Over 5% to Reach ATH

Bitcoin Price Smashes $61.7K High — Leading Crypto Asset Needs to Gain Over 5% to Reach ATH

Bitcoin Price Smashes $61.7K High — Leading Crypto Asset Needs to Gain Over 5% to Reach ATH

The price of bitcoin has continued to push toward higher prices as the leading crypto asset has tapped a high of $61,749 per unit on Friday. The crypto asset came awfully close (around 5.3% away) from tapping the all-time price high reached six months ago on April 14.

read more

15 October, 2021 by The TZ Newswire Staff Comments Off on Right-wing Indian group calls for stricter crypto regulations

Right-wing Indian group calls for stricter crypto regulations

The leader of the conservative Hindu group has called for proper policing of the crypto space along with other stricter measures targeted at the digital space.

15 October, 2021 by The TZ Newswire Staff Comments Off on Right-wing Indian group calls for stricter crypto regulations

Right-wing Indian group calls for stricter crypto regulations

The leader of the conservative Hindu group has called for proper policing of the crypto space along with other stricter measures targeted at the digital space.