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Forwarded from The Cryptorphic
Bitcoin in Spanish Parliament: All 350 ‘Deputies of Congress’ Are Now BTC Holders

350 members of the lower house of the Spanish Parliament have become new holders of bitcoin through a BTC awareness drive. This initiative took inspiration from the Chamber of Digital Commerce’s ‘Crypto for Congress’ campaign.

Source~ Cryptopotato
Bitcoin was able to overcome the bearish pressure. The price of the cryptocurrency exceeded $11,000 and is approaching $12,000.
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Forwarded from The Cryptorphic
Bitcoin price metric suggests $15K surge after US elections — report

The MVRV ratio is firmly sticking to its 2-year uptrend, with support in place for fresh all-time highs, says Stack Funds.

Bitcoin (BTC) has support to climb all the way to $15,000 if historic trends repeat themselves this year, a new report says.

Compiled by crypto index fund provider Stack Funds on Oct. 15, the report highlights Bitcoin’s market cap vs. realized cap ratio (MVRV) fuelling gains, which could smash $12,000 resistance.

Source~ Cointelegraph
The US Federal Reserve and FinCEN are proposing to lower the thresholds for any transfers outside the US from $ 3,000 to $ 250. The proposal will also expand the definition of "money" to include cryptocurrencies. #cryptocoffee