Price analysis 9/9: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA

Russia is allegedly preparing a ban on the use of cryptocurrencies to pay for goods and services.A report from Izvestia on Nov. 29 cites several sources allegedly familiar with ongoing discussions at the country’s central bank, financial regulator and Ministry of Finance in support of a ban.Legal measures not yet officially confirmedAt present, cryptocurrencies can…

Throughout 2020 a handful of new stablecoins launched and many analysts have suggested that stablecoin growth is the backbone of the crypto sector and partially responsible for the current Bitcoin rally.For many traders, stablecoins provide a safe place to shelter during volatile periods in Bitcoin and altcoins but there are other ways to interact with…

Uphold, a digital money platform providing access to investments and payments using blockchain technology, has announced a partnership with crypto-backed lending company Salt. Together, the two plan to provide users with cash or stablecoin loans using cryptocurrencies as collateral.Uphold’s 1.7 million users can now secure loans through Salt against their holdings in Bitcoin (BTC), Ether…

Digital Currency Group has purchased a total of $194 million worth of GBTC shares so far. 2164 Total views 15 Total shares Digital Currency Group, the parent company of digital asset manager Grayscale Investments, is now authorized to purchase up to $750 million worth of shares of Grayscale Bitcoin Trust.The company announced Monday that DCG…

But to be fair, they're a long way behind remote-controlled junk cages. 3817 Total views 10 Total shares Stephen Colbert, the charismatic host of CBS’ The Late Show, isn’t holding back his punches or his jokes when it comes to Bitcoin.In a segment dubbed “Quarantinewhile,” which features a roundup of amusing news stories for viewers…

Coinbase CEO Brian Armstrong tweeted that BTC may be the “right long-term bet” for the two South American countries currently seeking a common currency. 5271 Total views 25 Total shares Own this piece of history Collect this article as an NFTAs Brazil and Argentina started preparatory work for a potential common currency, Coinbase CEO Brian…

China is reportedly paying more attention to the crypto mining sector, amid concerns of its growing carbon footprint. 328 Total views 5 Total shares China’s crypto mining operations may be set for stricter supervision in the future, with the Government reportedly concerned about the energy consumption of Bitcoin mining in particular. Beijing sent an “emergency…

Bitcoin traders are starting to entertain the idea of a retest of all-time highs, but BTC price support needs to be firmly cemented.