Bitcoin falls into demand zone — Will SOL, XRP, KAS and AAVE follow?
Bitcoin may find buyers close to $56,000, benefitting select altcoins such as SOL, XRP, KAS, and AAVE.
Related Posts
SEC to target crypto firms operating as ‘qualified custodians’ — Report
If a majority of the five-member SEC panel votes in favor of the draft proposal, it will proceed to the next stage, which will be reviewed by other members of the SEC. Own this piece of history Collect this article as an NFTThe United States Securities and Exchange Commission (SEC) is reportedly planning to propose…
Not April Fool’s — Trump Hints at $9 Oil After Accidental Bitcoin Plug
After inadvertently advertising Bitcoin (BTC) last week, United States President Donald Trump has now hinted that he expects oil to crash to just $9.In a press conference on March 31, Trump reiterated what has become a penchant for lower oil prices. Trump: $9 could “get you what you wanted”He was speaking amid talks with both Russia…
Ribbon Finance gains 60% after V2 launch and Avalanche integration
Decentralized finance (DeFi) was one of the breakout sectors of the cryptocurrency market in 2021 and stands poised to continue to facilitate the mass adoption of cryptocurre in 2022. This comes as institutional and retail investors embrace the emergence of Finance 2.0. One DeFi project that has kicked off the year with a bullish start is…
FSB releases recommendations to regulate ‘global stablecoins’ such as Libra
The Financial Stability Board has warned that global stablecoins could pose systemic risks to the monetary systems of nation-states. 1225 Total views 22 Total shares The G20’s financial watchdog, the Financial Stability Board (FSB), has published regulatory recommendations opposing the trans-national ambitions of “global stablecoins,” such as Facebook’s Libra project.The FSB’s report offers regulatory recommendations…
Bitcoin ‘Bart Simpson’ returns as BTC price dives 7% in hours
Bitcoin (BTC) firmly recommitted to its trading range on June 7 after a fresh move higher was met with a swift sell-off.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Some of the best chop we’ve seen”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rejecting decisively at resistance it last encountered on June 1.The pair had delivered…
Comparing Blockchain Ecosystem Building in the East and the West
One of the July 8 panels from the Asian version of Unitize brought together two key participants in the promotion of blockchain technology in their respective regions.Marloes Pomp, who works as an initiator of blockchain projects with the Dutch government, and Yi Ming Ng, who works for the Tribe Accelerator project in Singapore, compared their…
Binance.US faces class-action lawsuit over LUNA and UST sale
The lawsuit could be the first of many for the U.S.-listed crypto exchanges that offered LUNA or UST to customers. Binance.US, the sister company of global cryptocurrency exchange Binance, is facing a class-action lawsuit from investors for the sale of LUNA and TerraUSD (UST).A group of investors filed a class-action lawsuit in the Northern District of…
EU watchdog sues Elon Musk’s X over alleged AI data violations
As recently as July 25, the DPC seemed to believe the matter would be resolved without court actions.