Bitcoin hourly RSI falls to most 'oversold' since $60K BTC price

Traditional markets have regulations to protect investors from unrecoverable losses, a Bank of England executive recently noted. 270 Total views 5 Total shares Bank of England (BoE) deputy governor for financial stability, Jon Cunliffe, recommended forming a set of regulations — similar to conventional financial systems — to tackle risks within the crypto ecosystem while…

Bitcoin price (BTC) shed more than 10% on July 11 as markets appeared to react to criticism of Facebook’s Libra from a senior United States lawmaker.Market visualization courtesy of Coin360Data from Coin360 sees the majority of cryptocurrencies firmly in the red Thursday, hours after Federal Reserve Chairman Jerome Powell said Facebook’s offering should not continue development.Libra, which…

Blockstack (STX) might not be on every investor's radar, but the 72nd-ranked cryptocurrency by market capitalization has been doing some serious work behind the scenes.Blockstack (STX) 1-month chart. Source: Coin360.comThe company behind the token was founded in 2013 and raised money from Union Square Ventures, Naval Ravikant, Lux Capital, and Digital Currency Group (DCG).The ICO…

Canadian adult entertainment streaming website Pornhub has announced a partnership with cryptocurrency payment and billing startup PumaPay to enable its users payments in cryptocurrencies, according to a tweet August 23. Pornhub is now accepting PumaPay, with its “unique” pull payment protocol that will allow users automatically pay for their subscriptions, including PornHub Premium. PornHub promoted…

The singer is collaborating with a historic gene sequencing company on a one-of-a-kind art drop. 2871 Total views 2 Total shares It seems like everything’s a NFT these days, and your DNA could be next. In a press release today, AkoinNFT — the nonfungible token platform from musician and budding blockchain entrepreneur Akon — announced the…

Tether’s cash and bank deposits also dropped 42% to 4.187 billion, while its allocation to money market funds increased 200% to $3 billion, and its treasury bills grew 77.6% to $34.52 billion. 826 Total views 21 Total shares USDT stablecoin issuer Tether cut its reserves allocation to commercial paper by more than one fifth between…

The United Kingdom’s central bank has followed the Federal Reserve in suddenly cutting interest rates — by the most since 2009. As various news outlets including the Financial Times reported on March 11, the Bank of England (BoE) said the move was in direct response to economic pressures posed by the ongoing coronavirus outbreak.The UK aims…

Afghans will leverage crypto assets as a store of value and to preserve financial privacy amid the Taliban’s dramatic insurgence, predicts Charles Hoskinson. 1051 Total views 18 Total shares However, he also believes the Taliban will embrace digital assets too. In a Sept. 1 interview with CNBC, Hoskinson, also a co-founder of Ethereum expressed his…

Opinion by: Sasha Ivanov, founder of Waves and Units.Network Not long ago, the idea that an internet joke could become a multibillion-dollar asset class seemed laughable. Today, memecoins are not just mainstream. They are reshaping entire market cycles. The US now has an official memecoin associated with the president. What started as a niche community