Ethereum price rallies above $3.1K after unexpected regulatory victory
ETH price hit $3,100, backed by a favorable court ruling and increased network activity.
Related Posts
Bitcoin options data shows bulls aiming for $17K BTC price by Friday’s expiry
Bitcoin (BTC) price crashed to $15,500 on Nov. 21, driving the price to its lowest level in two years. The 2-day-long correction totaled an 8% downtrend and wiped out $230 million worth of leverage long (buy) futures contracts. The price move gave the false impression to bears that a sub-$15,500 expiry on the Dec. 9 options…
Bitcoin analysis warns BTC price liquidations will start below $64K
BTC price losses mount as $66,000 struggles to function as support, increasing the danger of Bitcoin long liquidations.
Hong Kong and UAE central banks collab on crypto rules, fintech development
The two central banks are aiming to align their financial service sectors and said both share “many complementary strengths.” Hong Kong and the United Arab Emirates' (UAE) central banks are looking to collaborate on cryptocurrency regulations and financial technology development.On May 30, the Hong Kong Monetary Authority (HKMA) said it met with its counterparts at…
HCM Capital Expects China’s Digital Currency to Launch in 2-3 Months
Founding managing partner of HCM Capital, the private equity arm of electronics manufacturer Foxconn, Jack Lee, says China’s Central Bank Digital Currency (CBDC) is ready and expects it to launch in two to three months. During an interview with CNBC published on Nov. 11, Lee also suggested that the People's Bank of China (PBoC) will use…
Bitcoin Price Rally to $10K Has Not Shaken BTC Holders Yet — Data Shows
Bitcoin (BTC) may have only held $10,000 for a matter of hours, but according to glassnode, an on-chain monitoring resource, this moon is not like others in 2020.On July 26 Glassnode uploaded surprising data about Bitcoin’s latest trip to five figures and suggested that the current journey above $10,000 will be much different than the…
Ukraine accepts Bitcoin, Ethereum, USDT donations to fund ongoing war
The Ukrainian government has reached out to the crypto community on Twitter to raise funds to support its civilians and troops. 1044 Total views 59 Total shares Within the first week of the Russia-Ukraine war, the Ukrainian government has reached out to the crypto community on Twitter for raising funds to support its civilians and…
Past rate cuts indicate potential crypto bull market catalyst — 21Shares
The US Federal Reserve is expected to begin lowering its benchmark interest rate in September.
Fed Chair Teases Use of Ethereum-Based Interest Reference Rates
U.S. Fed Chair Jerome Powell said an Ethereum-based interest reference rate works, but maybe not for everyone. 760 Total views 37 Total shares In a May 28 letter to Senator Tom Cotton (R-AR), Jerome Powell, Chairman of the U.S. Federal Reserve, described an interest reference rate based on the Ethereum blockchain, called Ameribor, as effective…