-A bill has been introduced in the U.S. state of New York to allow state agencies to accept cryptocurrency payments, including bitcoin, ether, litecoin, and bitcoin cash. -The legislation proposes allowing crypto to be used as „a means of payment of fines, civil penalties, rent, rates, taxes, fees, charges,“ and more. -The bill has been…
• Investors are reportedly interested in purchasing Coindesk, a cryptocurrency news publication, following the bankruptcy filing of a Digital Currency Group subsidiary. • Charles Hoskinson, co-founder of Ethereum and founder of Cardano, has expressed interest in purchasing Coindesk, and sources familiar with the matter have indicated that the asking price for the news outlet is…
• Avalanche (AVAX) rose by as much as 22% in today’s session, as cryptocurrencies reacted to the latest U.S. inflation report. • Polkadot (DOT) was another big gainer in today’s session, with prices moving closer towards a four-week high. • The 14-day relative strength index (RSI) failed to break out from a resistance at the…
• Bitcoin rose to a four-week high on Thursday, as price surged above $18,000 hours before the upcoming U.S. inflation report. • Ethereum also moved higher, climbing above $1,400 in the process. • Bitcoin and Ethereum’s price rally occurred as the 14-day relative strength index (RSI) continued to move deeper into overbought territory. The cryptocurrency…