Ethereum eyes 40% gains as ETH price fractal approaches final phase
ETH price could rise 40% from its bullish fractal pattern despite Ether’s sideways consolidation over the past week.
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US Congress Asks Financial Crime Director to Study Blockchain Tech
The United States House of Representatives has passed a bill that calls for the Financial Crimes Enforcement Network (FinCEN) to study blockchain technology in its fight against financial crime.On Sept. 19, the House passed the bill “Advancing Innovation to Assist Law Enforcement Act”, which requires the Director of the Financial Crimes Enforcement Network, Kenneth Blanco,…
Binance Expands Fiat Trading Pairs for Singapore Exchange
Major cryptocurrency exchange Binance announced the expansion of its fiat-enabled trading platform in Singapore in a press release shared with Cointelegraph on July 10.Binance Singapore has been first launched in April, but with limited functionalities and only one trading pair. Now, Binance Singapore will now allow users to buy and sell cryptocurrency for Singapore dollars.…
How DeFi trading is evolving after a whirlwind 2020
When the history books are written about cryptocurrency, 2020 will be remembered as the year decentralized finance exploded in popularity.A powerful illustration of how this young, often misunderstood space has grown comes from DeFi Pulse. At the start of January, the total value locked in DeFi protocols stood at $675 million. Since then, records have continued…
Japan Should Urge US to Hurry Up With Digital Dollar Says Fisco Exec
Japan may need to rely on the United States to have some influence over the development of digital currencies. 1868 Total views 31 Total shares Japan is behind the curve on the establishment of a central bank digital currency and should throw its weight behind the United States establishing a digital dollar, says Takaya Nakamura,…
Bitcoin drops 1.5% on US market open amid warning miners may ‘capitulate’ in months
Miners are still accumulating BTC so far, but continuing depressed prices may up-end the status quo this summer, new analysis says. 2539 Total views 34 Total shares Bitcoin (BTC) fell in line with United States equities on May 31 as the return of Wall Street began with a whimper.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewStocks…
Crypto is changing how humanitarian agencies deliver aid and services
The primary use case for cryptocurrency in most wealthy countries is acquiring it and holding it, trading it, or using it in various other ways to make more money. In the developing world, where access to financial and banking systems is limited or nonexistent, innovative humanitarian organizations are piloting micro-blockchain ecosystems.In the summer of 2021,…
Stocks fall, yields rise as inflation data comes in hotter than expected
The stock market declined on October 12 as the US BLS released new data showing prices rose faster than expected. October 12, 2023Stocks fell in the US today as newly released inflation data overshot expectations. The Dow Jones Industrial Average fell by 173.73 points (0.51%), to 33,631.14. The S&P 500 declined by 27.34 points (0.62%)
Bitcoin Climbs Over $5,100 as Top Cryptos See Solid Gains
Sunday, April 7 — most of the top 20 cryptocurrencies are seeing moderate to notable gains on the day by press time, as Bitcoin (BTC) climbs over the $5,100 mark.Market visualization courtesy of Coin360Bitcoin’s price has seen a gain of two and a half percent on the day, trading at around $5,156 by press time,…