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CFTC Commissioner Kristin Johnson touts DCCPA bill in market risk advisory meeting
28.9.2022
The committee meeting was Johnson’s first as committee sponsor; she chose to concentrate on digital assets and the Digital Commodities Consumer Protection Act in her opening
Nigerian Central Bank Hikes Key Interest Rate Just Days After Naira Plunges to New Low
28.9.2022
Following the latest meeting of the monetary policy committee, the Central Bank of Nigeria says it has hiked the monetary policy rate to 15.5%. By increasing the key interest rate by 150 basis points, the central bank hopes to “narrow the negative real interest rate gap and rein...
Bitcoin holds $19K, but volatility expected as Friday's $2.2B BTC options expiry approaches
28.9.2022
Traders expect an uptick in volatility due to the possibility of September’s $2.2 billion options expiry putting pressure on BTC price near a critical support level
Biggest Movers: QNT Hits 6-Month High, ATOM Falls to 20-Day Low
28.9.2022
While crypto markets were mostly lower on Wednesday, quant rallied to a six-month high earlier in the day. Today’s move came as the token broke out of a key resistance level, en route to its strongest point since March. Cosmos was another notable mover, dropping for a second straight...
Blockchain-Powered Reinsurer Re Raises $14 Million Seed Round to Build Decentralized Market
28.9.2022
The company sees its protocol as providing collective backing of insurance policies in a similar way to the Lloyd’s of London market
Bitcoin Off Lows as Bank of England's Bond Market Intervention Raises Hopes for Fed Pivot
28.9.2022
The Fed pivot talk gathers steam after BOE's bond market intervention
Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower as Powell Claims There Are ‘Structural Issues’ With Cryptocurrency
28.9.2022
Bitcoin was back in the red on Wednesday, as U.S. Federal Reserve Chair Jerome Powell called for more regulation in decentralized finance (defi), citing “structural issues” as a key reason. The token fell below $19,000 on the comments, moving closer to a key support point as a result....
Market Maker Flowdesk to Join With Jump-Backed Pyth Network to Improve Access to Blockchain Data
28.9.2022
Flowdesk hopes the partnership will help DeFi users and developers gain ready access to institutional-quality market data
Bitcoin Price and Ethereum Hold Crucial Support, RSR Gains 50% In A Week
28.9.2022
Bitcoin price declined sharply below the $19,500 support zone. BTC found support near the key $18,500 zone. It is currently (11:00 UTC) correcting losses and facing resistance near the $19,300 level.
Similarly, most major altcoins are slowly correcting losses. ETH tested the main $1,255 support...
Bitcoin Stays Resilient in Face of Traditional-Market Turmoil, Here's Why
28.9.2022
"What we're seeing is more a lack of large sellers, rather than a plethora of large buyers," one value investor said
BTC price stays under $19K amid hopes Q4 will end Bitcoin bear market
28.9.2022
Fresh losses are contained only after $2,000 gets wiped from the BTC spot price, with a recovery yet to make an appearance
Binance Seeks License to Reenter Japanese Crypto Market After Exiting 4 Years Ago: Report
28.9.2022
Crypto exchange Binance is reportedly seeking to reenter the Japanese crypto market. The company exited Japan four years ago after the country’s financial regulator warned that Binance was operating illegally without a license. Binance Wants Back in Japan Crypto exchange Binance is seeking...
Bitcoin Price and Ethereum Reverse Sharply, Key Support Nearby
28.9.2022
Bitcoin price attempted a strong increase above the $20,000 resistance zone. BTC failed and declined sharply below $19,000. It is currently (03:10 UTC) showing bearish signs, but it is testing a major support at $18,500.
Similarly, most major altcoins started a steady decline. ETH broke the $1,300...
Market Wrap: Bitcoin Takes Investors on a Wild Ride
27.9.2022
Prices shoot higher intraday on high volume, only to reverse course later in the day. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Russian Exchanges Ready to Launch International Crypto Payments, Lawmaker Reveals
27.9.2022
The largest exchanges in Russia are ready to begin operating with cryptocurrencies right after authorities legalize cross-border settlements in crypto, according to a leading member of the Russian parliament. The stock and commodity trading platforms in Moscow and St. Petersburg are working...
Bitcoin price fails to hold $20K again, but there is a silver lining
27.9.2022
BTC’s attempt to recapture $20,000 as support failed, but on-chain data reveals a handful of positives
South Korea Crypto Market Shrinks by 60% in Past Six Months – Are Investors Preparing a Move?
27.9.2022
The size of the South Korean crypto market has shrunk by a whopping 60% in the last six months as retail investors in the crypto-keen nation slash their crypto spending. But there is a suggestion that some traders in the nation are still dipping their toes in the market’s choppy waters, while...
The British pound collapse and its impact on cryptocurrency: Watch the Market Report
27.9.2022
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the fall of the British pound and its impact on the cryptocurrency market
Biggest Movers: LINK Hits 6-Week High, UNI up 16% on Tuesday
27.9.2022
Chainlink hit a six-week high during Tuesday’s session, as the token rose for a sixth consecutive session. The move saw the token rally past a key resistance level in the process. Uniswap was also in the green, with prices climbing by as much as 16% earlier in the day. Chainlink (LINK)...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000 as Bulls Return to Crypto Markets
27.9.2022
Following a turbulent start to the week, bitcoin was back in the green on Tuesday, as the token climbed back above $20,000. The move saw prices race to their highest point in nearly two weeks, moving past a key resistance level in the process. Ethereum was also trading higher, as it neared...