Bitcoin traders brace for US macro data, Fed as BTC price bounces 2%

Bitcoin (BTC) is trending down after hitting one-month highs around the latest macroeconomic data and policy update from the United States.Having topped out at around $18,370 on Bitstamp on Dec. 14, BTC/USD is now giving back its gains, leading traders to eye where the next reversal may occur. Opinions differ — some warn that support…

Robinhood Crypto LLC has agreed to pay $3.9 million to settle claims it failed to let customers withdraw cryptocurrency from their accounts between 2018 and 2022. 

Bitcoin exceeds the market cap of Visa at $460 billion as the price reaches a new all-time high of $25,000. The price of Bitcoin (BTC) surpassed $25,000 on Dec. 25, reaching a new all-time high of $25,020 on Bitstamp and surpassing the market cap of Visa in a historic milestone.Visa, the financial services giant, is valued at…

Ukraine’s crypto bill was previously returned for revision due to the creation of a new regulatory body for crypto oversight. 1219 Total views 21 Total shares Ukraine’s parliament, the Verkhovna Rada, has approved some significant amendments in the country’s major cryptocurrency-related legislation known as the bill “On Virtual Assets.”The Ukrainian Rada passed the legislation in…

Ether (ETH) is trading higher on Dec. 1, despite its inability to breach the $2,100 resistance. This level has prompted several rejections in the past three weeks, which is especially concerning given Ether’s 16.2% gains in November.Ether 12-hour price index, USD. Source: TradingViewHowever, the current positive momentum is supported by several factors, including applications for

The deployment of blockchain technology can save the United Arab Emirates (UAE) more than $3 billion, according to new findings.The findings were revealed in a white paper entitled “Inclusive Deployment of Blockchain: Case Studies and Learning from the United Arab Emirates,” Emirates News Agency reported on Jan. 15.The paper was prepared by the Centre for…

With a score of 17 out of 100, online interest in crypto has taken a big hit from its highest levels reached in May 2021. 617 Total views 2 Total shares A two-month-long lull in cryptocurrency optimism has seen online search interest for “crypto” and other common cryptocurrency terms stumble down to late 2020 levels.According…

LocalBitcoins COO Elena Tonoyan explains how the oldest peer-to-peer Bitcoin exchange is fighting against criminal activity on its platform. 694 Total views 9 Total shares Elena Tonoyan, the COO at LocalBitcoins, explains how the oldest peer-to-peer Bitcoin exchange has been stepping up the fight against criminal activities on the platform.As of 2019, LocalBitcoins has been…

Turkish are losing faith in its local fiat currency, with confidence in the lira falling 20% this year. Rampant inflation is affecting Turkish residents’ confidence in the lira fiat currency. According to a Reuters report on August 14, locals are dumping lira and converting it to dollars and buying gold. Even with market interventions and reassuring…