Bitcoin analysis warns BTC price risks 2023 rerun when stocks shed 10%

The Swiss Financial Market Supervisory Authority (FINMA) has reportedly granted two banking and securities dealer licences to crypto-focused banks.Two Swiss crypto-specializing firms, Seba Crypto AG and Sygnum have received banking and securities dealer licenses, the banks said in separate statements on Aug. 26.With the new license, Seba expects to officially launch its new trading platform…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekFed hikes interest rates by 50 basis points in effort to combat…

The Indian government is approaching cryptocurrency regulation with caution, tech magazine Quartz reported Dec. 31, quoting Pon Radhakrishnan, the Minister of State in the Ministry of Finance and Ministry of Shipping.The latest episode in India’s increasingly drawn-out path to formalizing its domestic cryptocurrency economy, Radhakrishnan said that the lack of a “globally acceptable solution” meant…

To the observant cryptocurrency enthusiast, the sight of multiple large-cap tokens more than tripling their value since November 2020 is a healthy sign that a bull market cycle is underway. Aside from a breakout in the price of Bitcoin (BTC), Ether (ETH) and altcoins, every bull market in the crypto sector is defined by one or…

Initial findings show French international banking group BNP Paribas is blocking customers from sending funds to major crypto exchange platform Coinbase.The block seems to have been initiated this week, although transfers functioned normally during the week of March 2, an anonymous source and BNP Paribas customer told Cointelegraph, referring to his interactions with the bank’s…

The monetary authority is developing a wholesale CBDC separately and earlier; it is looking at prospective retail use cases despite the lack of an “imminent role” for the currency. 208 Total views 12 Total shares The Hong Kong Monetary Authority (HKMA) published a paper outlining the state of research on its proposed retail central bank…

A researcher suggested that exchanges could “rollback” hacks by renting mining power from online marketplaces. 892 Total views 13 Total shares Speaking at Unitize virtual event, Coin Metrics researcher Lucas Nuzzi suggested that one way for exchanges to fight back against the hackers is by renting mining power from online marketplaces.6 confirmations ticking countdownNuzzi conjectured…

Bitcoin (BTC) got busy testing $30,000 as new support at the April 11 Wall Street open after hitting new ten-month highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$30,000 surge decimates liquidityData from Cointelegraph Markets Pro and TradingView showed BTC/USD coming down from an overnight peak near $30,500.The pair had spent most of the day bouncing from…

Matrixport's platform now allows users to buy crypto currencies directly through Visa and Mastercard. 2563 Total views 37 Total shares Bitmain-affiliated financial service platform Matrixport has teamed up with Simplex, an EU-licensed payments processing firm, to allow users to purchase select cryptocurrencies using their credit and debit cards.Matrixport users can buy seven cryptocurrencies with most…