Bitcoin rebounds 7% from low as BTC price chart prints rare RSI signal

Bitcoin (BTC) held $49,000 on Aug. 28 after the United States Federal Reserve sparked a run-up toward critical resistance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAll eyes on $49,300 on the weekly chartData from Cointelegraph Markets Pro and TradingView showed BTC/USD cooling at higher levels after cracking the $49,000 mark late Friday.The end of the working week…

The mayor of Seoul Park Won-soon has introduced a five-year plan for developing the blockchain industry in the city, Korean news agency Yonhap News reports Thursday, October 4.The project entitled “Blockchain City of Seoul” contains a number of measures for promoting and developing blockchain-related initiatives and education in the city from 2018–2022, Park revealed in…

The notice came the same day a judge approved a $12.7 billion settlement between defunct crypto exchange FTX, Alameda Research, and the US Commodity Futures Trading Commission.

A lot of trust is required to put money in Harvest Finance. 2143 Total views 20 Total shares Harvest Finance, a decentralized finance project that succeeded in attracting over $1 billion in funds locked has an admin key that gives its holders the ability to mint tokens at will and steal users’ funds.As noted by…

A new class action alleges that Plaid, which Visa recently bought for over $5 billion, had unparalleled access to the financial information of millions of users. 1123 Total views 32 Total shares June 25, a new class action was filed in California against fintech startup Plaid, which was acquired by Visa for $5.3 billion earlier…

U.S. securities regulators are still going after ICO cheats from the 2017-18 bull market. Initial coin offerings raised tens of billions of dollars during the last major cryptocurrency bull market. 1236 Total views 5 Total shares The United States Securities and Exchange Commission, or SEC, has charged a cryptocurrency issuer for “making materially false and…

The outcome of this case could establish a precedent that shapes the regulatory landscape for various digital assets within the United States. Senator Cynthia Lummis, a Republican from Wyoming, has taken to Twitter to emphasize the significance of a recent court ruling by Judge Analisa Torres, which declared that the Ripple-associated token XRP should not…

Predominantly popular terms such as guns, Chuck Norris, health insurance and politics did not even make it to the top 10 in the list. 281 Total views 3 Total shares Own this piece of history Collect this article as an NFTAmid the growing discussions around Donald Trump, guns and other topics tied to politics and…

Adam Kokesh, the first libertarian candidate of the 2020 U.S. presidential race, has appointed Alastair Caithness as his chief blockchain policy advisor. The purpose of this role will be to work on the development of a sovereign cryptocurrency, known as AmeriCoin.Going forward, Caithness will focus on the development of a cryptocurrency pegged to all the…