Why is the crypto market up today?
The crypto market is up today, reflecting investors’ optimism for eventual interest rate cuts and the DXY’s short-term weakness.
Related Posts
Bitmain Exec Reportedly Arrested After Street Brawl With Co-Founder
Bitmain CFO and supposed legal representative Luyao Liu was arrested after allegedly partaking in a mob attack on the company’s ousted co-founder Micree Zhan in Beijing, local reports suggest.Liu was “taken away by the police” after Zhan was robbed of a business license for Bitmain Beijing, the mining giant’s main subsidiary, Chinese cryptocurrency news outlet…
43% of Investors Interested in Bitcoin Are Women: Grayscale Survey
A report published on Dec. 4 by Bitcoin (BTC) fund operator Grayscale suggests that 43% of investors interested in Bitcoin are women.The study involved 1,100 United States investors of ages between 25 and 64 surveyed between March 28 and April 3, 2019. All the respondents were involved in personal investing and held at least $10,000…
Biggest mining difficulty drop of 2023? 5 things to know in Bitcoin this week
Bitcoin (BTC) enters the last full week of July on an uncertain footing as $30,000 becomes resistance.In what promises to be an exciting — but perhaps nerve-racking — week for traders, BTC price action is staring down a combination of volatility triggers.Chief among these is the United States Federal Reserve’s decision on interest rates, this…
Investors are back into Bitcoin but DEXs are still the future of crypto
Bitcoin’s long-waited bull run and the recent wave of corporate and institutional investors allocating significant portions of their reserves to Bitcoin (BTC) are all signs that the pace of crypto’s mainstreaming is rapidly accelerating: But has the path to mass adoption come at the cost of privacy and decentralization? Know Your Customer and Anti-Money Laundering laws…
CeFi and DeFi will finally meet in 2021 — Let’s hope they hit it off
The decentralized finance industry undoubtedly has vast potential — the value locked in it has exploded, surpassing $14 billion this month. Though there is speculation over whether decentralized finance is yet another bubble, I believe it is here to stay. How it stays, however, is another matter that depends on how DeFi handles ongoing hacks…
ING Bank Releases Blockchain Privacy Tool Bulletproofs
Dutch global banking and financial services corporation ING introduced its new cryptographic blockchain development called Bulletproofs, according to an announcement on Feb. 7Bulletproofs represents an extended technology for ING’s previous blockchain privacy-focused developments such as zero-knowledge range proof (ZKRP) and zero-knowledge set membership (ZKSM).ING bank first launched ZKRP in November 2017, enabling market participants to…
Despite ‘Crypto Winter,’ Number of Blockchain Firms in Switzerland, Liechtenstein Grows
The number of blockchain-related firms in Switzerland and Liechtenstein has continued to rise according to a survey conducted by Switzerland-based crypto investment firm CV VC, Cointelegraph auf Deutsch reports on Jan. 24. Per the report, crypto- and blockchain-related firms continue to crop up in the region despite the current bear market, which some have dubbed…
US FBI Calls for QuadrigaCX Users to Provide Information
The United States Federal Bureau of Investigation (FBI) called for former users of the QuadrigaCX cryptocurrency exchange to provide information in an official announcement published on June 3.Earlier this year, QuadrigaCX had filed for creditor protection after the unexpected death of its founder left more than $145 million in funds apparently inaccessible.The FBI announcement asks…