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Bearish Bets Being Placed on Bitcoin as Halving Nears


With the much-anticipated bitcoin (BTC) halving now less than a month away, more traders are placing bearish bets on the price of the number one cryptocurrency, signaling some degree of doubt as to how enthusiastically the event will really be received by the market. The bets, known in trader...

Bitcoin And Altcoins Trading Near Make-or-Break Levels


In the past few hours, bitcoin price traded with a bullish angle above USD 6,700. BTC/USD managed to climb above the USD 6,850 resistance area, but it is still below the USD 7,000 and USD 7,200 resistance levels. Moving forward, it could either surge above USD 7,200 or start a fresh decline towards...

G20 Considers 10 Rules for Regulation of Stablecoins Like Facebook Libra


The G20 is setting rules to regulate stablecoins such as Facebook’s Libra cryptocurrency. Responding to a call by the G20, the Financial Stability Board (FSB) has provided 10 “high-level” recommendations that establish a regulatory framework for stablecoins. Also read:...

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