Bitcoin price taps week-to-date high near $58.5K amid US jobs data miss
Bitcoin buyers step in as US jobless claims fall short of estimates, with Binance buy orders helping fuel a BTC price trip to week-to-date highs.
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3 key metrics show bulls control Bitcoin price despite $12K resistance
Bitcoin (BTC) price dropped by as much as 10% this week and while this might be scary for day traders, the 3-day chart shows the downside move hardly made a dent on the current market structure.This holds especially true when considering that the $12,500 level hasn't been touched in over 13 months. Currently, analysts are…
Analyst eyes Ether ‘major push’ to $3.5K amid traders betting on upswing
A crypto analyst says Ether could make a “major push” to $3,500 if it holds a $2,800 weekly close, and futures traders are betting on an upward move.
Japan: Tech Giants Hitachi, KDDI Trial Blockchain Biometrics Verification System for Retail
Tokyo-headquartered tech conglomerate Hitachi and telecoms giant KDDI are trialing a retail coupon settlement system that combines blockchain with biometrics, Cointelegraph Japan reports today, July 26. This week, staff from the two firms are participating in an experimental demonstration at a KDDI store in Tokyo's Shinjuku district, as well as a local donut shop. The…
Bank of Indonesia joins central bank digital currency race
After banning crypto payments back in 2017, Indonesia is looking to allow payments in a digital rupiah currency. 887 Total views 1 Total shares The Bank of Indonesia is one of the latest global central banks to announce state digital currency plans amid a major spike in the country’s digital payments.Governor Perry Warjiyo said Tuesday…
Satoshi-era dormant Bitcoin address wakes up after 10 years
According to a Chainalysis report, there are a total of 1.75 million dormant BTC addresses inactive for over a decade.
5 ways CBDCs could impact the global financial system
Central bank digital currencies (CBDCs) are digital versions of fiat currencies that are backed and issued by central banks. Here are five ways in which CBDCs could impact the global financial system.Digitalization of paymentsCBDCs might make payments quicker and more efficient because they would do away with the need for intermediaries. Costs could be brought down…
ASI Alliance calls for decentralized cloud infrastructure in AI development
The ASI Alliance urges decentralization in cloud services to mitigate vulnerabilities in AI development, ensuring both security and innovation.
Bitcoin disappoints on bull run as AMZN stock sees biggest 1-day drop since 2014
U.S. market open surprises combine with a weakening dollar to produce confusing conditions for hodlers. 674 Total views 17 Total shares Bitcoin (BTC) fell into the Wall Street open on April 29 as United States markets opened to volatility, including an 11% drop in Amazon stock.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAll change at the…