Price analysis 8/26: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Bitcoin and altcoins are witnessing some profit taking today, but the overall uptrend remains intact.
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Bitcoin velocity hits lows last seen before Q4 2020 BTC price breakout
Bitcoin investors sit on their hands at $26,000 — can a velocity rebound reproduce the kind of breakout seen three years ago? 304 Total views 1 Total shares Bitcoin (BTC) on-chain activity is at levels last seen before its run to 2021 all-time highs, data shows.In an X (formerly Twitter) post on Aug. 25, Ki…

‘We want to build Minterest as a fairer financial system,’ says CEO Josh Rogers
Decentralized finance (DeFi) protocols have gained significant traction in the cryptocurrency sector, with a total value locked surpassing $271 billion, based on data from DefiLlama. One exceptionally popular category of DeFi services is that of decentralized borrowing and lending, where users can pledge their crypto as collateral and take out stablecoin loans (or vice versa)…

Bitcoin Price Bounces at Key Trendline Support 1 Day Before BTC Halving
Bitcoin bulls are attempting to reclaim $9,000 but resistance at $8,800 is holding back the recovery. In the last 3 hours Bitcoin (BTC) price gained 2.63% after dropping to $8,256 earlier in the day. With just less than 24-hours before the block reward halving is scheduled to take place, traders are likely biting their nails…

Monero’s Riccardo ‘Fluffypony’ Spagni: Regulatory Arbitrage in Crypto Will Intensify
Monero (XMR) core developer Riccardo “Fluffypony'” Spagni has said he expects regulatory arbitrage to become an increasingly prevalent and impactful phenomenon in the crypto space in coming years.Spagni made his remarks during a panel at the annual “Innovate Finance” event, hosted by digital assets liquidity provider E8 Partners in Davos, Switzerland on Jan. 25.Spagni began…

Euro investment bank predicts shortfall in blockchain and tech investment
The EU is billions of dollars behind China and the U.S. when it comes to investment in blockchain and artificial intelligence, said the EIB. 4812 Total views 5 Total shares The European Union is falling behind China and the United States when it comes to blockchain and artificial intelligence investments, according to the European Investment…

Bitcoin price dumps again — Will $90K turn into resistance or support?
Bitcoin (BTC) price plunged from $93,700 to $89,250 in under an hour on March 3, wiping out half of the previous day’s gains. The drop likely triggered panic among traders as S&P 500 index futures fell 1% following China’s announcement of retaliatory measures against the United States’ additional 10% import tariffs. Despite the sell-off, Bitcoin’s

El Salvador Bitcoin move will put pressure on network: JPMorgan
Daily payment activity in El Salvador would represent more than 1% of the total value of BTC that have been transferred between wallets in the past year, JPMorgan experts say. 903 Total views 6 Total shares American megabank JPMorgan has continued criticizing El Salvador’s declaration of Bitcoin (BTC) as legal tender, warning of the potential…

U.S. Man Faces up to 5 Years in Prison for ‘Unlicensed’ Bitcoin Sales via LocalBitcoins
A U.S. citizen has pled guilty before a federal court to operating an “unlicensed money transmitting business” via LocalBitcoins.com, according to a Department of Justice (DoJ) press release published Oct. 29.The man, Jacob Burrell Campos, has reportedly admitted to “selling hundreds of thousands of dollars” in Bitcoin (BTC) “to over 1,000 customers” in the U.S.…