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Bitcoin Price Outlook for July — Traders Remain Concerned About Upcoming Fed Rate Hike and Bankrupt Crypto Firms

8.7.2022
During the first week of July, bitcoin prices have risen to their highest level since mid-June, coming as U.S. Non-Farm Payrolls handsomely beat expectations. However, as we head into the remaining weeks of the month, questions still linger on if this momentum can be maintained, despite the current...

Credit unions warn about the cost of developing a CBDC

8.7.2022
A lobby group suggests supporting the credit union engagement instead, applicating consumer protection rights to digital assets holders

Bitcoin price surges to $21.8K, but analysts warn that the move could be a fakeout

8.7.2022
Traders rejoice after BTC price spikes 7% to $21,800, but analysts say the macro downtrend is likely to prevail for the foreseeable future

Ethereum 2.0 stakers face a 36.5% larger loss than ETH spot investors — report

7.7.2022
The Ether losses risk becoming steeper due to unfavorable technical and macroeconomic indicators

Key Bitcoin chart 'will confirm bottom is in' by July 15, says trader

7.7.2022
It's all about two moving averages crossing over as proof that BTC price action is done with the dip

Zimbabwe Central Bank: Gold Coin Sales to Commence in Late July

7.7.2022
Starting on July 25, the Zimbabwean public will be able to buy and hold gold coins which weigh one troy ounce each. In addition to their use as an alternative store of value, the central bank says the coins can be traded and used as “security for loans and credit facilities.” Coins...

Crypto owners banned from working on US Government crypto policies

7.7.2022
A new legal advisory notice from the US Office of Government Ethics prohibits any employee who owns cryptocurrency from working on Federal crypto regulation

Fed conference hears stablecoins may boost USD as global reserve currency

6.7.2022
The underlying tech of a central bank digital currency wasn’t enough to convince some panelists at a Fed conference that it could change the international currency system

Tron’s USDD Regains Stability After Tapping an All-Time Low at $0.92

5.7.2022
Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s...

Indian Central Bank RBI: Cryptocurrencies Are a Clear Danger — Financial Stability Risks Likely to Grow

4.7.2022
India’s central bank, the Reserve Bank of India (RBI), sees cryptocurrencies as “a clear danger.” However, the financial stability risks posed by crypto assets currently appear to be “limited.” RBI on Crypto’s Danger and Financial Stability Risks...

Bitcoin's inverse correlation with US dollar hits 17-month highs — what's next for BTC?

3.7.2022
Market pundits anticipate the dollar rally to either stall or correct by the end of 2022, benefiting Bitcoin

Crypto Selloff Proves Computer Code Leads To ‘Better Outcome’ Than Human Discretion - Arthur Hayes

1.7.2022
Pure decentralized finance (DeFi) protocols have fared far better than the more centralized crypto lending and borrowing companies during this bear market. This proves that computer code and transparent standards give “a better outcome,” crypto essayist and former BitMEX CEO Arthur Hayes...

Reserve Bank of India ranks crypto near the bottom of systemic risks despite harsh criticism

30.6.2022
India's central bank has been a vocal critic of cryptocurrencies over the years; it previously stated that CBDCs could thwart the adoption of digital assets

We Now Understand How Little We Understand About Inflation – Fed’s Powell

29.6.2022
The current high levels of inflation in both the US and Europe have given central bankers an opportunity to “understand better how little we understand about inflation,” US Federal Reserve (Fed) chair Jerome Powell said. Speaking at the European Central Bank’s (ECB) Forum on Central Banking...

Can Cardano's July hard fork prevent ADA price from plunging 60%?

28.6.2022
ADA's price is above a key technical support level in the days leading up to the major Cardano upgrade

Zimbabwe to Hike Benchmark Rate to 200%, Central Bank Minted Gold Coins to Act as Store of Value

28.6.2022
After seeing the country’s inflation rise to 191.6% in June, Zimbabwean monetary authorities said they have resolved to increase the benchmark interest rate to 200% per annum. In addition, the central bank said it will introduce gold coins which will act as an instrument that will...