ADA Price (Cardano) Could See “Liftoff” if It’s Able to Hold One Crucial Level
Cardano’s price is attempting a recovery wave above $0.775. ADA could gain bullish momentum if it settles above the $0.3050 resistance zone. ADA price is slowly moving higher from the $0.250 zone against the US dollar. The price is trading above…
Brit Gets Prison Time for Twitter Hack Impersonating Biden, Buffett in Bitcoin Scheme
A U.K. citizen has been sentenced by а New York court to five years in prison for his role in a Twitter hack including the hijacking of accounts of U.S. political and business figures. The man is also responsible for the theft of large amounts of…
Ethereum Price Stuck In Range As Risk of Downside Correction Escalates
Ethereum price is struggling to clear the $1,920 resistance against the US Dollar. ETH could correct lower if it breaks the $1,865 support zone. Ethereum is currently correcting lower from the $1,920 resistance. The price is trading above $1,865…
Bitcoin Price Signals Downside Correction Before Fresh Increase
Bitcoin price is correcting gains from the $31,400 zone. BTC could revisit the $29,200 support or even $28,500 before it starts a fresh increase. Bitcoin is currently correcting gains from the $31,400 zone. The price is trading below $30,500 and…
Latam Insights — IMF States Latam’s CBDC Interest Rises, Lula Emphasizes Bretton Woods Institutions ‘No Longer Function’
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, the International Monetary Fund (IMF) reports interest in central bank digital currencies (CBDC) in Latam…
First Mover Asia: Bitcoin Opens the Week Above $30K Amid Rising Investor Optimism
ALSO: Ripple Asia's policy lead praises Japan’s crypto laws that favor consumer protection. Rahul Advani said that the country has created "a very clear taxonomy for digital assets."
The United Nations body called on all member states to implement the Travel Rule “without delay” to close “loopholes” not currently protected by regulation.
San Francisco Fed President Deems 2 Rate Hikes in 2023 ‘Reasonable,’ Urges Caution in Monetary Policy
Mary Daly, the president of the San Francisco Federal Reserve Bank, expressed her views this week, stating that she believes two additional rate hikes this year would be appropriate. However, she maintains a neutral stance regarding the forthcoming…
Uncertainty over digital assets traps institutions in 'supervisory void' — Fed Governor
Lack of clarity on digital assets could have significant consequences for banks navigating higher interest rates, according to Fed Governor Michelle Bowman.
Paris FATF Plenary: Global Implementation of Virtual Asset Standards Remains ‘Relatively Poor’
The third plenary of the Financial Action Task Force (FATF), held in Paris, found a lack of global adoption of the virtual asset recommendations established by the institution. According to evaluations, almost three-quarters of the jurisdictions…
Turkish Lira Plunges to Record Low a Day After Central Bank’s Interest Rate Policy U-Turn
The Turkish lira fell to 25.74 per dollar just under a day after the central bank hiked interest rates for the first time since 2021. Although the rate hike decision was widely anticipated, the increase still fell short of the 21% that some…
US Treasury yields are rising — What does it mean for Bitcoin price?
The 5-year U.S. Treasury yield reached its highest level in 3 months, but the typical inverse correlation-based price action with Bitcoin might not work this time.
End of an Era: Over 4 Years Pass Without Self-Proclaimed Satoshis
Satoshi Nakamoto, a captivating figure in the world of cryptocurrencies, remains an enigma, intriguing both crypto enthusiasts and experts. Numerous individuals have stepped forward over the years, proclaiming themselves as the elusive creator of…
Crypto Market Rises by $30B in 48 Hours — Bitcoin Cash Leads With 88% Weekly Gain
On Sunday, June 25, the cryptocurrency market experienced a modest increase in value, climbing from $1.21 trillion two days prior to its current value of $1.24 trillion. Bitcoin has surged 15% in the past week, while ethereum has risen over 10%…
Garlinghouse: SEC Official Received ‘Millions’ From Vested Interests, Tradfi Heavyweight Crypto Exchange EDX Launches, Peter Schiff on USD Decline — Week in Review
Ripple CEO Brad Garlinghouse recently asserted that former SEC Division of Corporation Finance Director William Hinman “received millions of dollars of payments from his law firm” which had a vested interest in a well-known 2018 speech given by the…
Orange Pilling Your Barber Or Stylist: A Short Cut To Hyperbitcoinization
This is an opinion editorial by Hector Alvero, a Bitcoin educator who serves as co-host of the Broward County Bitcoiners meetup and whose family has worked in the beauty industry for decades.We all look for ways to educate others about Bitcoin and…
Study Shows Bank of England’s Rising Interest Rates Threaten 1.2 Million UK Households With Insolvency
The Bank of England made an impactful move last Thursday, June 22, 2023, as it raised the benchmark bank rate to 5%, marking a significant 0.5 percentage point increase. This decision catapults the central bank’s rate to its highest level…
Veteran Trader Peter Brandt Labels BTC a Legacy Coin to Outlast ‘Make-Believe Cryptos Wannabees’
Veteran trader Peter Brandt recently branded BTC as a legacy coin that will ultimately outlast and outperform all “make-believe cryptos wannabees.” Some non-bitcoin maximalists have said the veteran trader’s remarks about…
Terra Allies’ Six Samurai team aims to revive the ecosystem
The Terra Allies senior full stack engineering team, known as the Six Samurai, has presented their Q3 spend proposal, emphasizing their deep passion as Luna Classic holders.
PEPE Rising: 63% Weekly Gain Showcases Unstoppable Momentum
The cryptocurrency market has shown no signs of slowing down, with several coins experiencing an extended bull run in recent days. However, amidst this overall market trend, there are still standout performers, and Pepe (PEPE) is one such…
Banking Giants Crédit Agricole, Santander Seek to Provide Crypto Custody Under French Registration
A subsidiary co-owned by Crédit Agricole and Santander has registered as a digital asset service provider in France. The registration of Caceis, a company that specializes in offering financial services to institutional investors, allows the two…
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