Bitcoin poised for breakout as US money market funds reach $6.2T
Bitcoin could be on track for a September breakout to new record highs, but it faces significant resistance around $65,000.
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Bitcoin could crush Russian ruble by rising another 140%, classic technical setup suggests
The bullish outlook appears as the Russian central bank imposes stricter capital controls on its citizens, including a ban on using rubles to buy the U.S. dollar. Bitcoin (BTC) has declined by around 30% after topping out at 5.8 million rubles a token on March 9. Nonetheless, the said drop could be an excuse for…
German gov’t shifts additional 3K BTC in 1 hour
The latest transactions by the German government follow outcries from MPs to stop the sell-off and protect the country from the risks of the traditional financial system.
US Health Insurance Giant Piloting Blockchain to Secure Medical Data
Anthem, the second-largest health insurance company in the United States plans to use blockchain technology to secure medical data of all 40 million members over the next three years.On Dec. 12, Forbes reported that Anthem plans to use blockchain technology to give patients secure access to their medical data, while also giving them the possibility…
US authorities oppose ex-FTX exec’s motion to void plea deal
The US Attorney’s Office said Ryan Salame made a “demonstrably false” allegation by claiming prosecutors did not intend to continue investigating his partner, Michelle Bond.
Bitfinex Pay to integrate U2F authentication for online merchant payments
Cryptocurrency exchange Bitfinex launches a new authentication standard for online payments service Bitfinex Pay. 236 Total views 36 Total shares In an effort to increase customers' security and privacy on their platform, cryptocurrency exchange Bitfinex has announced the adoption of an open authentication standard U2F within its merchant payments service Bitfinex Pay.The move enables the…
Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, LINK, VET, LTC
Bitcoin’s (BTC) rally above the $10,000–$10,400 zone has attracted several traders who had been waiting for a trending move to start. Yusuke Otsuka, the co-founder of Japanese crypto exchange Coincheck, said that several Japanese traders who had been dormant have started trading again this week. Monex Group CEO Oki Matsumoto also said that many traders who…
What are Bitcoin covenants, and how do they work?
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Monetary policy: Definition, types and tools
What is monetary policy?Monetary policy refers to the actions taken by a central bank or monetary authority to manage the supply of money and interest rates in an economy, with the aim of promoting economic growth and stability. To affect the price and accessibility of credit, this may entail altering the money supply, setting interest…