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Bitcoin Technical Analysis: BTC Bulls Break Resistance, Holding Above $38K
1.12.2023
While U.S. equities and precious metals remain flat, bitcoin has seen an uptick in value over the past day. Currently valued at $38,376, with an intraday range stretching from $37,547 to $38,804, bitcoin’s market capitalization stands at $750 billion. Over the past 24 hours, bitcoin...
Capcom’s Dragon’s Dogma 2 Joins Joins A Divisive Gaming Trend
30.11.2023
Dragon’s Dogma 2 looks awesome, right? The much anticipated action role-playing game about dragons and pawns came out swinging with a hefty new gameplay showcase on November 28, showing off the impressive character creator and some spectacular combat and officially revealing a March 24, 2024...
CTO report unveils unbelievable comeback of Yen bulls, Surprising Dollar bets boost EUR/USD in a remarkable reversal
30.11.2023
The latest CTO study revealed formerly unseen market insights, revealing a stunning change in the mechanics of currency trading. Contrary to popular belief, Yen Bulls unexpectedly emerged as the front-runners. These unexpected dollar bets changed market sentiment, and the EUR/USD trading...
Canadians Support Cash Payments Over CBDCs: Report
30.11.2023
Source: Jason Hafso / Pexels Canadians are less enthusiastic about a Central Bank Digital Currency (CBDC) opting for traditional payment methods despite wider awareness, a new survey shows. The Digital Canadian Dollar Public Consultation Report published by the Bank of Canada highlighted...
Paxos Secures In Principle Approvals for Stablecoin Issuance and Crypto Services in Abu Dhabi
30.11.2023
Paxos, a provider of blockchain and tokenization infrastructure, has recently received preliminary approvals from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi. The company stated that these endorsements are crucial steps for Paxos, enabling it to issue stablecoins pegged to...
Digital Canadian dollar fails to impress despite high awareness
30.11.2023
People who were aware of CBDCs were more reluctant to adopt the technology when compared to those who didn't know about it
Economist Peter Schiff: US Dollar Near ‘Historic Crash’ — ‘Forget Soft Landing, It’s Crash and Burn’
30.11.2023
Economist Peter Schiff has warned that the U.S. dollar is “on the verge of a historic crash.” He stressed that there won’t be a soft landing for the U.S. economy, predicting a “crash & burn” scenario. Schiff highlighted the potential for increased inflation, rising...
Binance will end support for BUSD stablecoin in December
29.11.2023
Many users' Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31
Troubled Crypto Exchange Zipmex Proposes to Pay Creditors 3.35 Cents on the Dollar: Bloomberg
29.11.2023
The Singapore-based firm has proposed to pay creditors 3.35 cents on the dollar in its latest restructuring plan, according to Bloomberg, which cites people familiar with the matter
Zipmex proposes to pay creditors 3 cents per dollar
29.11.2023
The proposal came as a part of a restructuring offer from the embattled Thai crypto exchange that owes its customers $97 million
Zipmex Proposes Repayment of 3.35 Cents Per Dollar to Creditors in Latest Restructuring Plan
29.11.2023
Source: Zipmex Zipmex has put forward a new proposal to repay creditors, initially offering 3.35 cents for each dollar of their claims as part of its restructuring efforts, according to Bloomberg. This initial payout is part of a broader plan to address the crypto exchange’s $97.1 million...
Aave's GHO Stablecoin Nears Elusive Dollar Peg
28.11.2023
Economist Steve Hanke: US Dollar Weaponization Has Powered Record Central Bank Gold Purchases
28.11.2023
Steve Hanke, professor of applied economics at Johns Hopkins University, has discussed how U.S. policies have driven central bank gold purchases to record levels this year. In an interview, Hanke stated that these purchases were motivated by the weaponization of fiat currencies like the dollar...
SEC Struggles to Serve Richard Heart in Multi-Billion Dollar Crypto Case
28.11.2023
In an interesting turn of events, the U.S. Securities and Exchange Commission (SEC) faces challenges in its billion-dollar lawsuit against cryptocurrency figure Richard Heart. A recent court filing reveals that the SEC has yet to successfully serve Heart, complicating the high-profile case. Legal...
Price analysis 11/27: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK
27.11.2023
Bitcoin is witnessing profit-booking near $38,000, but the correction is likely to be shallow as lower levels are likely to attract buyers
Ethereum Technical Analysis: ETH Hangs Above $2K Range Amid 3% Drop
27.11.2023
Similar to bitcoin’s price, the second leading digital currency in terms of market cap, ethereum, is down on Monday, losing 3% against the U.S. dollar. Oscillating within a 24-hour range of $2,017 to $2,088, ethereum maintains a market capitalization of $243 billion. Current technical...
Bitcoin Technical Analysis: Momentum Slows as Bulls Cool Down Following 4-Week Rally
27.11.2023
The crypto economy has dropped more than 2% on Monday morning as equity futures show U.S. stocks may slip a hair on Monday following a four-week winning streak. Bitcoin has slid 2% over the past 24 hours against the U.S. dollar and it’s dropped 3.4% since the high of $38,437 recorded...
Eurasian Economic Union Minister: CBDCs Will Pave the Way for the Launch of a Digital Reserve Currency
27.11.2023
Sergei Glazyev, minister of integration and macroeconomics of the Eurasian Economic Union (EEU), has noted the advancements the adoption of central bank digital currencies (CBDCs) could ostensibly bring to the trading dynamics of the region. According to Glazyev, the launch of several digital...
7-Day Crypto Snapshot: BLUR, APE, KLAY, and MINA Lead This Week’s Market Rallies
26.11.2023
In the last week, bitcoin experienced a modest increase of 2.7% against the U.S. dollar, while ethereum saw a rise of 6.5%. Concurrently, a range of other cryptocurrencies registered significant double-digit advances, notably the non-fungible token (NFT) marketplace Blur’s token BLUR, which...
BRC20 Token ORDI Dips 10% in a Week After a 319% Monthly Surge, Nears Record High
25.11.2023
The price of the BRC20 token ordi (ORDI) slid more than 10% this week against the U.S. dollar after recording substantial gains over the three weeks prior. Despite the recent downturn, ORDI has risen over 300% during the last 30 days and it’s a touch over 25% away from surpassing...