Bitcoin will stay in $55K to $75K zone for now: Novogratz
Mike Novogratz says crypto is in a “consolidation phase” and predicts that prices will bounce higher at the end of the current quarter.
Related Posts
The use of blockchain tech should be more environmentally friendly
It is no longer news that the United States has restated its commitment toward lowering carbon emissions and taking an active part in the quest to normalize environmentally friendly measures on the global scene. This drastic shift in policymaking will spur the introduction and establishment of more stringent approaches to climate change. Undoubtedly, the reentering…
BREAKING: Facebook rebrands to Meta as focus expands beyond social media
The name change reflects Facebook's growing ambitions beyond online social media, a medium it helped build over the past two decades. 1751 Total views 17 Total shares Facebook Inc. announced Thursday that it has changed its company name to Meta — marking the first major rebrand for the social media giant. The name change, which reflects…
Almost half of crypto owners turn to celebs like Kim Kardashian for advice: Survey
A surprisingly large proportion of crypto owners report they would purchase a crypo asset because it is endorsed by a celebrity or influencer. 107 Total views 23 Total shares A new survey has revealed bleak insights into the apparent willingness of retail investors to follow digital asset advice from the social media accounts of celebrities…
Bitcoin price hits multi-day low as data warns of ‘overbought’ stocks
Bitcoin (BTC) sank to intraday support on Aug. 16 as concerns emerged over the fate of United States stock markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewU.S. stocks face stiff resistanceData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $23,685 on Bitstamp, nearing lows from Aug. 12.After an eerily calm 24 hours, downside set in at…
State-Issued Digital Currencies Can Squeeze Banks, Says South Korea Central Bank
South Korea’s central bank issued a warning over central bank digital currencies (CBDCs) a week after saying it would not introduce one itself. The development was reported in local news outlet Yonhap News Agency, Feb. 7.CBDCs, which are also known variously as state-backed or government-backed digital currencies, involve a blockchain-based version of a country’s fiat…
FomoHunt Becomes First Merchant to Accept Huobi Tokens as Payment
Cryptocurrency exchange Huobi’s native Huobi Token (HT) is now available for making real-world online purchases of a wide range of products from the e-commerce platform FomoHunt.Per a press release shared with Cointelegraph on Aug. 22, users of HT can now purchase clothes, art, hardware and other products from the e-commerce and cryptocurrency industry news platform…
Bitcoin reclaims $60K and ‘this time is different,’ says analyst
Bitcoin has regained the $60,000 mark for the first time in 14 days, during a month generally considered bearish for the cryptocurrency.
Ripple’s James Wallis underscores CBDCs’ role in breaking financial barriers
Wallis clarifies that financial inclusion aims to extend financial services to individuals worldwide, especially those with low incomes and no ties to financial institutions. 127 Total views 1 Total shares James Wallis, Ripple’s vice president for central bank digital currencies (CBDC) Engagements, has highlighted the role of CBDCs in advancing global financial inclusion in a