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Is a Big Bitcoin Bounce Coming? BTC Price Approaches Key Long-term Support Zone
29.7.2023
A major near-term bounce in the bitcoin (BTC) price could be right around the corner.
That’s because bitcoin is nearing a test of a key support zone that could well form the floor for another solid rally.
Bitcoin has been ebbing low in an uncharacteristically subdued July....
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Bitcoin Price Prediction as Bears Push BTC Down to $29,000 Support – Where is BTC Going Next?
28.7.2023
The live Bitcoin price today is $29,312, with a 24-hour trading volume of $11.3 billion. Bitcoin is up nearly 1% in the last 24 hours.
The current CoinMarketCap ranking is #1, with a live market cap of $569.8 billion. It has a circulating supply of 19,441,687 BTC coins and a max. supply...
US House Financial Services Committee Passes Stablecoin Legislation ‘After a Few Fireworks’
28.7.2023
The U.S. House Financial Services Committee has passed Chairman Patrick McHenry’s Clarity for Payment Stablecoins Act with bipartisan support. McHenry said committee members, unlike the White House, understood the urgency and importance of providing clarity for payment stablecoins. Sheila...
Bitcoin, Ethereum Technical Analysis: BTC Hangs on to $29,000 Level, Despite Increased Market Volatility
28.7.2023
Bitcoin remained above a key support point on Friday, despite bears attempting to push the price below $29,000. Today’s session saw sentiment once again shift bearish, as U.S. consumer sentiment data looms. Ethereum was mostly unchanged in today’s session. Bitcoin Bitcoin (BTC)...
CFA Institute Survey: Chinese and Indian Investment Professionals Show Strong Support for CBDC
27.7.2023
Investment professionals in both China and India are largely bullish on Central Bank Digital Currency (CBDC), according to a new survey from the CFA Institute.
The association, which provides credentialing for chartered financial analysts, found that 66% of its members in India and 70% in China...
Biggest Movers: SOL Nears $26.00 Resistance Level, MATIC Moves Away From Support
27.7.2023
Solana was once again in the green, with bulls pushing the token towards a key resistance level at $26.00. The move comes after yesterday’s 7% surge, however earlier gains have since declined, as U.S. gross domestic product (GDP) grew 2.4% as opposed to the 1.8% expectation for Q2. Polygon also...
Palm Foundation to Scale Its Native Network to Support NFT Minting and Trading
27.7.2023
In partnership with Consensys and Polygon Labs, the Palm Network will evolve to facilitate more efficient NFT minting and trading for its 1.7 million registered wallet addresses
Crust Network expands decentralized storage with EVM support for Arbitrum
27.7.2023
Crust Network, a decentralized storage protocol renowned for its exceptional security and efficiency, continues to make headlines with its latest innovation, Crust EVM Storage, which now supports the Arbitrum ecosystem. With a vision to expand the scope of decentralized storage, Crust...
Chinese, Indian investment professionals show strong support for CBDC in new survey
26.7.2023
The CFA Institute asked members around the world how they felt about CBDCs. Their responses might surprise the crypto community
Alibaba to support Meta’s AI model Llama - report
26.7.2023
Alibaba’s cloud computing service taps Meta’s artificial intelligence model Llama to power new software development
Ethereum death cross threatens more downside as ETH price trades at a key support level
25.7.2023
ETH’s technical and on-chain indicators point toward further downside, but there is a silver lining
Bitcoin, Ethereum Technical Analysis: BTC, ETH Find Price Support Ahead of US Consumer Confidence Report
25.7.2023
Bitcoin rebounded from a one-month low Tuesday, as markets prepare for the upcoming U.S. consumer confidence report. The confidence index is expected to increase to a reading of 111.5 in July, up from 109.7 the month prior. Ethereum also bounced higher, after colliding with a key price floor....
Worldcoin Migrates to Optimism
24.7.2023
Worldcoin, the decentralized ID and wallet protocol, has migrated its operations to Optimism, an Ethereum L2 scaling layer. With this move, Worldcoin aims to prepare for its future launch, taking advantage of the scalability features that its deployment on Optimism brings, including migrating user...
Twitter to impose daily limits on DMs for unverified accounts, citing an effort to ‘reduce spam’
22.7.2023
Twitter has not yet specified what the daily DM limits will be, and the move hasn’t been received well by both verified and unverified users
Bitcoin Price Prediction as Bears Push BTC Below $30,000 Support – Where is BTC Heading Now?
21.7.2023
The current live Bitcoin price stands at $29,864, reflecting a 24-hour trading volume of $11.2 billion and a less than 1% increase in the last 24 hours.
As the top-ranked cryptocurrency with a market cap of $580.4 billion, Bitcoin is closely watched by investors and traders alike.
Meanwhile,...
Bitcoin Bounces at $29,500 Support, But Still Stuck Within Recent Ranges – Will the Upcoming Fed Meeting Break BTC’s Slumber?
21.7.2023
Bitcoin (BTC), the world’s first and largest cryptocurrency by market capitalization, has once again bounced at support in the $29,500 area and was last changing hands just above $30,000.
BTC has tested key short-term support in the mid-$29,000s on multiple occasions so far this week, with...
Crypto-Based Bank Receives Support from Myanmar's Shadow Government
21.7.2023
Myanmar is all set to launch its first fully crypto-based banking institution, the Spring Development Bank, on July 22.
The Spring Development Bank, named after the Spring Revolution, aims to grant the country’s shadow government National Unity Government (NUG) access to financial services...
Rocket Pool Price Prediction as RPL Breaks Below This Key Support Level – Here’s Why RPL Could Continue Struggling
21.7.2023
RPL, the utility token that powers the decentralized Rocket Pool Ethereum liquid staking protocol, has been taking a beating on Thursday.
The token, which is used for staking alongside ETH within the Rocket Pool protocol to incentivize honest node operation, as well as for protocol governance,...
Federal Reserve Launches Fednow for Instant Payments — JPMorgan, Wells Fargo, and 33 Banks Onboard
21.7.2023
The Federal Reserve has launched its Fednow Service for instant payments with 35 participating banks and credit unions, as well as 16 service providers. “The Federal Reserve is committed to working with the more than 9,000 banks and credit unions across the country to support the widespread...
RFK Jr. Pledges Support for Bitcoin-Backed Dollar and Tax Exemption for BTC
20.7.2023
US Democratic presidential candidate Robert F. Kennedy Jr. has said he is in favor of a tax exemption on Bitcoin (BTC), while also unveiling a plan to partly back the US dollar with “real, finite assets” like Bitcoin.
“Like Singapore, Germany, Switzerland, Puerto Rico and Portugal, a Kennedy...