Bitcoin analyst sees 'scary' BTC price upside as funding flat at $73K
BTC price gains are seen continuing after a brief support retest, but it is the lack of interest or market overheating causing the real stir.
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5,000 miles apart: Thailand and Hungary to jointly explore blockchain tech
The pact between the two nations' financial technology associations will see cooperation on technology, including blockchain, to power their respective financial industries. 150 Total views 16 Total shares The financial technology associations for Thailand and Hungary have signed a bilateral Memorandum of Understanding (MOU) to support the introduction of blockchain technology to their respective financial…
Hut 8 surpasses $1B in Bitcoin holdings after $100M acquisition
Hut 8 has acquired 990 Bitcoin for $100 million, boosting its total BTC holdings to over $1 billion as institutional adoption of cryptocurrency accelerates.
Digital yuan doesn’t pose a threat to the hegemony of the dollar, says expert
Foreign investors still doubt the PBoC's policies when it comes to the RMB exchange rate. Eswar Prasad, a professor of Trade Policy at Cornell University and a senior fellow at the Brookings Institution, believes that even though China’s digital yuan will enhance the renminbi’s role as an international payment currency, it will “hardly put a…
Don't get excited about Fed 'dovishness' — another rate hike is in the cards
December’s Federal Open Market Committee (FOMC) meeting was a huge boon for markets. Risk assets — including cryptocurrencies — soared as the central bank appeared to take a more dovish stance on monetary policy. But the markets may be in for a nasty surprise in 2024 as the Federal Reserve faces an uphill battle against
Russian Police Arrest Alleged Creator of Large Crypto Pyramid Scheme From Kazakhstan
Police in Russia have arrested an alleged creator of a crypto pyramid scheme from Kazakhstan who was facing an international arrest warrant, Russia’s Ministry of Internal Affairs (MOI) officially reported on May 28.The unnamed detainee is reportedly accused of defrauding investors using a scam crypto scheme promising high returns from crypto investments, involving a group…
Hong Kong legislator eyes Bitcoin for fiscal reserves
By engaging with stakeholders and focusing on compliance, Wu aims to position Hong Kong as a leader in the adoption of Bitcoin and Web3 technologies.
MicroStrategy buys the dip by purchasing 660 Bitcoin for $25M
MicroStrategy bought significantly less BTC in January than in previous months, according to official data. Major Bitcoin (BTC) investor MicroStrategy has announced another major BTC purchase during a market dip to collect a total of 125,051 BTC as of Monday.According to an official form with the United States Securities and Exchange Commission (SEC) filed on…
Crypto Markets Trade Sideways, Gold Tries to Find Direction Ahead of Trump Address
Tuesday, Feb. 5 — cryptocurrency markets are trading sideways and reporting mild losses. Bitcoin (BTC) is struggling to stay in the green, while other major coins are experiencing a downward trend.Market visualization from Coin360The leading digital currency BTC is trading at around $3,468 at press time, having gained a modest 0.16 percent on the day.…