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Bitcoin Hovers Around USD 64K, Ethereum and Altcoins Lack Momentum


Bitcoin price settled above the USD 62,000 level. BTC is currently (12:09 PM UTC) trading above USD 63,800, with a positive angle. If there is a clear break above USD 64,200, the price could test the USD 65,000 resistance zone. Besides, most major altcoins are trading in a range. ETH is facing...

Facebook’s Novi Launches Pilot Program in Guatemala and US Using Pax Dollar


Novi, Facebook’s digital wallet, will launch a pilot program to test the functionality of the service in two countries: Guatemala and the U.S. The test will allow Novi to test all of its main functions and to evaluate what things need to be improved before launch. Novi will use pax dollars...

Stablecoin USDC Launches on Hedera Network


Circle announced today the launch of its trademark stablecoin USDC on top of the Hedera network. This action is part of the multichain commitment that Circle announced earlier this year, with the objective of further expanding the reach of the currency in the cryptocurrency market. With...

Bitcoin Eyes Record High, Ethereum Muted, Major Altcoins Drop


Bitcoin price remained well supported above the USD 62,000 level. BTC broke many hurdles near USD 63,500 and USD 64,000. It is currently (04:25 UTC) rising and it could test the USD 65,000 resistance zone in the near term. Most major altcoins are struggling to follow bitcoin. ETH is still well...

Gary Gensler Explains Why SEC Approves a Bitcoin Futures ETF


SEC Chairman Gary Gensler has shared why the U.S. Securities and Exchange Commission (SEC) decided to approve a bitcoin futures exchange-traded fund (ETF) to trade on the NYSE. Meanwhile, the Commission has not approved a spot bitcoin ETF. Why SEC Approves Bitcoin Futures ETF As the first...

Chimeras Play-to-Earn Metaverse Completes Successful Funding Round


PRESS RELEASE. Chimeras successfully raised over $2 million in its latest fundraising round, which will help to fund the play-to-earn project’s market and product development. October 18th, 2021 – The Chimeras Play-to-Earn metaverse project has completed its funding round with...

Iran to Pilot ‘National Cryptocurrency,’ Amend Central Bank Law


The central bank of Iran is gearing up to begin the pilot phase of its digital currency project in the near future, its new head announced to representatives of local media. The monetary authority is also preparing to move forward with a plan to reform the legislation that governs its...

BTC Futures Open Interest Soars Leading up to Bitcoin ETF’s Official Launch


Prior to the launch of the Proshares Bitcoin Strategy ETF (BITO), open interest in bitcoin futures products has been surging since the start of the month, according to data from the Coinbase Institutional arm Skew Analytics. Binance and FTX command the lion’s share of bitcoin futures’...

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