MATIC Price Prediction: Polygon Recovery Faces Many Hurdles
MATIC price is recovering from the $0.95 support zone. Polygon might rise further but there is a major barrier forming near the $1.080 zone. MATIC price is attempting a recovery wave above the $1.00 resistance against the US dollar. The price is…
ECB President Lagarde on De-Dollarization: Reserve Currency Status Should No Longer Be Taken for Granted
European Central Bank (ECB) President Christine Lagarde has warned that the U.S. dollar’s reserve currency status “should no longer be taken for granted.” Acknowledging de-dollarization efforts by various countries, she stressed…
Ethereum Price Could Regain Bullish Momentum Above $1,900
Ethereum price started an upside correction from $1,800 against the US Dollar. ETH could continue to rise if it clears the $1,900 and $1,920 resistance levels. Ethereum is correcting losses from the $1,800 support zone. The price is trading above…
Bitcoin Price Signals Fresh Increase But $29K Is The Key To More Gains
Bitcoin price is correcting higher from the $27,000 support. BTC must clear $29,000 to continue higher in the near term. Bitcoin formed a base and corrected higher above the $27,500 resistance. The price is trading above $27,800 and the 100 hourly…
Hillary Clinton Warns of ‘Worldwide Financial Meltdown’ and Dollar Losing Reserve Currency Status if US Defaults on Its Debt
Former U.S. Secretary of State Hillary Clinton has warned that the U.S. defaulting on its debt obligations could lead to a global financial meltdown. “If Congress keeps flirting with default, calls for dethroning the dollar as the world’s reserve…
NY Fed Policy Change Could Squash Stablecoin Issuer Circle’s Hope for Fed Access
Funds structured as stablecoin issuer Circle’s Blackrock-managed USDC reserve fund “generally will be deemed ineligible” for the New York Federal Reserve’s reverse repurchase program under the new rules.
Economist Peter Schiff Warns US Will Default on Its Debt — Raising Debt Ceiling Will Make Problem Worse
Economist Peter Schiff has warned that the U.S. will default on its debt obligations. He further stressed: “All the bad stuff that they’re saying is going to happen if we don’t raise the debt ceiling is guaranteed to happen because we do raise the
Economist Warns of ‘Catastrophic’ Fall in American Living Standard — Elon Musk Weighs in on De-Dollarization, US Dollar Weaponization
Economist Peter St Onge has warned that U.S. dollar weaponization will lead to “soaring inflation, a catastrophic fallen American standard of living, and a U.S. that falls off the world stage.” Commenting on the economist’s warnings…
Bitcoin Regains $28K Amid Mildly Encouraging Tech Earnings, Liquidation of Short Positions
BTC climbed Tuesday afternoon as Google and Microsoft's first-quarter earnings surpassed expectations. Both equities and Treasury yields were down on Tuesday, however.
Binance US Pulls the Plug: Voyager Purchase Deal Falls Through
According to the now-defunct crypto lender Voyager, Binance US sent a letter to the company “terminating the asset purchase agreement.” While the announcement was “disappointing” for Voyager, the firm maintained that its…
Bitcoin advocates rally at Texas State Capitol to oppose bill cutting mining incentives
“When you target one industry the way they are with this bill, that’s bad policy no matter what the industry you’re targeting,” said Satoshi Action Fund CEO Dennis Porter.
Cardano (ADA) Could Be Poised For A Bullish Breakout, Here’s Why
Cardano (ADA) is a blockchain-based platform that allows developers to build decentralized applications (dApps) and smart contracts. Created by Charles Hoskinson, one of the co-founders of Ethereum to address some of the scalability and…
FTX's LedgerX Derivatives Exchange Sold to Miami International Holdings in Bankruptcy Auction
FTX.US last purchased Ledger Holdings, the parent company of LedgerX, for $298 million in October 2021, according to audited financial documents viewed by CoinDesk.
Notorious B.I.D. 2.0: Biggie-Sized Bidder Will Fuel Bitcoin Rally Again?
The cryptocurrency market has experienced significant volatility in recent months, with the price of Bitcoin (BTC) dropping from its new yearly high of $31,000 to its current trading price of $27,300. This pullback has left Bitcoin at a crossroads…
Central Banks Reduce US Dollar Swap Lines to Weekly Auctions Amid Moody’s US Banking Sector Downgrade
After the tumultuous downfall of three major banks, namely Silvergate Bank, Silicon Valley Bank, and Signature Bank, several central banks made a collaborative announcement of a swift, coordinated emergency response. The intervention aimed to…
Amboss Raises $4 Million In Seed Funding For Lightning Network Products, AI Research
The company plans to use the funding to further its AI research and product development for Lightning tools.Amboss Technologies, a data analytics firm focused on the Bitcoin Lightning Network, has raised $4 million in seed funding from Stillmark…
Banking Crisis Redux: Bitcoin Priced In First Republic Bank Shares Rockets Higher
Bitcoin rallied earlier this year on the back of some of the biggest bank runs in decades. The banking sector crisis could be making a comeback, according to a second-leg up in BTC priced in First Republic Bank shares. Take a look below. Bitcoin…
Former Signature Bank Crypto Payments Chief, 4 of His Team Join Fortress Trust
Joseph Seibert, formerly head of its digital assets at Signature Bank, has brought over part of his risk and compliance team and a blockchain payments specialist.
Alejandro Navia: Building the Future of Tokenized Media
The co-founder and president of news site nft now, a speaker at this year’s Consensus, discusses why Web3 has a mental health problem and the future of tokenized media.
Jack Dorsey’s Bitcoin Legal Defense Fund Prepares For Case That Could Have Wide Ramifications For Open-Source Developers
A court case initiated by Craig Wright against 13 Bitcoin Core developers could change the way the law views open-source development.The Bitcoin Legal Defense Fund, a non-profit organization co-founded by Jack Dorsey, Alex Morcos and Martin White…
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