Bitcoin poised for $150K ‘batshit season’ but sellers could dent rally

Congressman Tom Emmer made the anti-CBDC comments to an audience at the Cato Institute, a think tank in Washington. 58 Total views 3 Total shares Own this piece of history Collect this article as an NFTUnited States Congressman Tom Emmer believes the launch of programmable central bank digital currency (CBDC) in the country could strip…

When it comes to traditional finance, crypto and blockchain leaders are faced with something of a disconnect. TradFi firms are in one sense competition, but unless TradFi comes to embrace Web3, Web3 can’t reach its full potential. Complicating efforts to reach out to TradFi are mutual feelings of uncertainty: Crypto and blockchain pioneers fear that…

In an industry first, Input Output Global and the Scottish university will provide continuous tracking of digital assets by a methodology that has yet to be determined. 393 Total views 6 Total shares The University of Edinburgh and Input Output Global (IOG), the builder of the Cardano network, have teamed up to create a blockchain…

Bitcoin price spikes continue as data reveals exchange activity is anything but flat this week. 365 Total views 9 Total shares Bitcoin (BTC) whales are moving large amounts of coins to exchanges in tandem with large outflows, curious new data shows. According to the exchange whale ratio indicator from on-chain analytics firm CryptoQuant, large transactions have…

The S&P 500 is in danger of a major crash in the event of a daily close below 3,000 points, warns Tone Vays as data shows Bitcoin is 95% correlated. 2546 Total views 17 Total shares Bitcoin (BTC) being 95% correlated with the S&P 500 may haunt traders this week as one analyst warned a…

American lawmakers have reportedly introduced a bill aiming to put Facebook’s Libra under the jurisdiction of the Securities and Exchange Commission (SEC). Two Texas representatives, Sylvia Garcia and Lance Gooden, have proposed legislation that would put even more regulatory scrutiny on Facebook’s not-yet-launched Libra stablecoin and related projects, CNBC reports Nov. 21.The bipartisan team of…

Decentralized finance (DeFi) has been one of the fastest-growing sectors in the crypto space since its emergence in 2018. However, like many other sectors, DeFi has seen a negative impact in the current bear market.While 2022's downturn has taken its toll many DeFi projects — and the cryptocurrency space in general — some continue to…

Cardano (ADA) price has been rebounding after falling to the worst levels since February 2021. Meanwhile, a technical fractal suggests that ADA's upside retracement could continue in the coming weeks.Can ADA price extend the recovery?ADA's price has started bouncing after testing the same support area that preceded a 65% bull run in March 2022. Specifically, ADA/USD…

Mirror Trading International is getting flak from regulators worldwide. A month after the Texas State Securities Board took action against Mirror Trading International (MTI), South Africa’s Financial Services Conduct Authority (FSCA) is also investigating the company’s trading activities.According to the information MTI shared with FSCA, the company conducts high-frequency derivatives trades using bots on behalf…