Bitcoin all-time high due in '2-3 weeks' as traders see BTC copying gold

A group of 12 Chinese media organizations conformed by television stations, local newspapers, radio stations, and web media allied to create a “blockchain-powered news department” on May 21.According to the report published by China Email, the group is made up of media companies from all over the country. They use solutions based on 4.0 and…

The price of Bitcoin (BTC) abruptly fell from $11,823 to $11,102 in the last 48 hours. While on a macro level the digital asset remains in an uptrend, there appear to be three key factors behind the pullback.XBT-USD 1 week chart. Source: TradingView.comThe presence of a crucial resistance level at $12,000, several whales taking profit,…

A University of Berkeley professor has claimed stablecoins are a “myth” in a new critique published Tuesday, September 11.Taking the emerging market sector, which includes well-known assets such as Tether (USDT), to task, Professor of Economics Barry Eichengreen argues that stablecoins are not automatically “viable” just because they are pegged to reserves of, for example,…

A central bank discussion paper found that the majority of Canadians have little trouble accessing financial services, which gives them little reason to use a CBDC. 163 Total views 1 Total shares The typical Canadian has little reason to adopt a central bank-issued digital currency, which could cause problems with its broad acceptance, according to…

No global stablecoin project will begin operation in the European Union (EU) until the associated risks to monetary sovereignty are addressed, according to EU authorities.In a joint statement adopted by the Council of the European Union and the European Commission (EC), the Council and the Commission admitted that stablecoins may be effective at providing cheap…

Bitcoin lingers lower following a "doubly strange" U.S. trading session, with BTC price support in question.

YouTuber Logan Paul has threatened to sue fellow YouTuber and internet detective Coffeezilla for defamation after he accused Paul’s CryptoZoo nonfungible token (NFT) project of being a “scam.”The two have been battling back and forth on both social media and YouTube videos ever since Dec. 17, when Stephen Findeisen — also known as Coffeezilla —…

The plaintiffs in a class-action lawsuit accusing the Tether (USDT)-affiliated crypto exchange Bitfinex of Bitcoin (BTC) price manipulation have declined to amend their complaint.According to a court filing dated Dec. 2, the plaintiffs declined to make amendments to their complaint as a study conducted by John Griffin and Amin Shams “still concludes that USDT was…