Analysts tip 5 catalysts that could break Bitcoin, crypto from its stupor Analysts believe spot Bitcoin ETFs, new stablecoin adoption, and an upcoming Ethereum scaling upgrade are among the catalysts that could reignite the crypto markets. Interview Join us on social networks A potential wave of spot Bitcoin exchange-traded funds, PayPal’s new stablecoin and a key Ethereum upgrade are among the catalysts that could wake crypto from […]
Federal Reserve Establishes Program to Monitor Crypto Activities in US Banks Source: Pixabay The U.S. Federal Reserve has introduced a new set of guidelines aimed at closely monitoring banks' involvement with cryptocurrencies. This program, termed the "novel activities supervision program," was unveiled on Tuesday, clarifying the central bank's strategy for supervising banks' interactions with digital assets. As per the announcement, the program will enable Federal Reserve's […]
Analysts predict end of the hiking cycle as Chancer token sale continues Cryptocurrency prices reacted mildly to the latest interest rate decision by the Fed. Bitcoin remained stuck slightly below the important level at $30,000 even as the Dow Jones continued its remarkable comeback. The index has risen in the past 13 days for the first time since 1980s. Meanwhile, Chancer raised over $1 million from investors. […]
Biggest mining difficulty drop of 2023? 5 things to know in Bitcoin this week Bitcoin begins to fulfil traders' downside targets as BTC price action retraces its steps in a crucial macro week. Markets News Join us on social networks Bitcoin (BTC) enters the last full week of July on an uncertain footing as $30,000 becomes resistance. In what promises to be an exciting — but perhaps nerve-racking — […]
Congressman Warren Davidson calls to ban and criminalize CBDCs “Money should not be programmable by a central authority,” argues Republican Representative Warren Davidson. News Join us on social networks United States Republican Representative Warren Davidson has spoken out against Central Bank Digital Currencies (CBDCs), urging Congress to ban them and criminalize its development. In a July 23 Twitter post, Congressman Davidson accused the Federal […]
FedNow Service has no relation with CBDCs, Federal Reserve clarifies The Federal Reserve certified the FedNow Service as “ready” after it onboarded 41 financial institutions, 15 service providers and the U.S. Department of the Treasury to test the system before its launch by the end of July 2023. News Join us on social networks The United States Federal Reserve clarified that its new service for […]
BTC traders brace for $30K loss — 5 things to know in Bitcoin this week BTC price performance is getting market participants worried in the short term, but the signs of wider Bitcoin accumulation are there. Markets News Join us on social networks Bitcoin (BTC) starts a new week above $30,000 but heading nowhere as the multi-month trading range refuses to shift. BTC price action is giving traders little more […]
Bitcoin's Optimism Fades as Turmoil and Interest Rates Present Challenges Source: Adobe Stock Bitcoin (BTC) fell lower over the course of last week, as optimism faded among market participants in the face of potentially higher interest rates in the US. The price of the number one cryptocurrency have largely been in an uptrend since news broke that the world’s largest asset manager BlackRock had filed […]
Why a Bitcoin ETF approval would be a big deal Bitcoin ETFs are back in the spotlight after several companies filed with the SEC. This week’s episode of Market Talks discusses why approval would be a big deal for Bitcoin. Cointelegraph YouTube Subscribe Join us on social networks In this week’s episode of Market Talks, Cointelegraph welcomes Natalie Brunell, a podcast host, educator and media commentator […]
NY Fed, banks wrap up regulated liabilities network proof-of-concept using wCBDC The theoretical network would help the dollar maintain its status internationally with “game-changing” improvements in service. News Join us on social networks The Federal Reserve Bank of New York’s Innovation Center (NYIC) has completed its proof-of-concept of a regulated liability network (RLN) in conjunction with nine large financial institutions and the Swift network. The project […]
Why is Litecoin price down today? Litecoin price is down today in part due to its overbought conditions and ahead of the Federal Reserve's meeting minutes release. Altcoin Watch Join us on social networks Litecoin (LTC) price is down today, mirroring downside moves elsewhere in the crypto market. On July 5, the LTC price dropped over 3% to $100.50. On the […]
Miners send millions to exchanges — 5 things to know in Bitcoin this week Bitcoin miners appear to be reducing risk as the significance of BTC price above $30,000 remains firmly in evidence. Markets News Join us on social networks Bitcoin (BTC) starts the first week of July with a sigh of relief for traders as $30,000 support holds. BTC price action refuses to succumb to bears after 20% […]
Bitcoin options strategy: How to trade July's Q2 earnings Professional traders can hedge their Bitcoin bets using the iron condor options strategy as Q2 earnings' season comes into play. Market Analysis Join us on social networks The stock market can offer valuable insights into possible Bitcoin (BTC) price movements as a big potential trigger is expected this month. Q2 earnings' numbers due this month Notably, […]
Federal Reserve's banking bailouts reach a new weekly high of $103B The Fed’s emergency loan facility has reached new highs as embattled banks are needing a central bank bailout. News Join us on social networks The American central bank’s emergency fund for embattled banks has seen its highest level of distressed asset redemptions since its inception three months ago. The emergency lending program — known as […]
Today in Crypto: Fed Keeps Rate Unchanged, Strike Goes to Mexico, Binance and SEC to Negotiate on Asset Freeze, Arbitrage Bot Profits $3 + More News Federal Reserve chair Jerome Powell. Source: YouTube / Bloomberg Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Economic news The US Federal Reserve announced that it will keep its interest rate unchanged at 5-5.25%. Just ahead of the announcement, the CME’s […]
Today in Crypto: US Inflation Falls, Apple Threatens Damus Removal, Ripple Hinman Documents Unsealed + More News
De-dollarization: Is it really happening? In our latest Cointelegraph Report, we analyze the causes leading to the decline of the U.S. dollar as the world reserve currency and its potential implications. Video Join us on social networks De-dollarization, the decline of the United States dollar as the world’s dominant reserved currency, is underway, and it’s gaining momentum. For over 100 […]
Today in Crypto: Elon Musk Accused of DOGE-Related Insider Trading, Xapo Integrates with the Single Euro Payments Area Network, US CFTC Mulls Rules Change to Include Crypto Risk Elon Musk. Source: a video screenshot, Future Unity / YouTube Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Legal news Tesla's Elon Musk is being accused of insider trading in a proposed class action lawsuit by investors who claim that the […]
Bitcoin flips volatile at $27K as Fed's Powell teases end to rate hikes BTC price action destabilizes as markets watch Fed Chair Jerome Powell's language for hints of policy change. Market Update Join us on social networks Bitcoin (BTC) nudged $27,000 after the May 19 Wall Street open as the Chair of the United States Federal Reserve delivered comments on policy. BTC/USD 1-hour candle chart on Bitstamp. Source: […]
No, Bitcoin has never seen a bear market before – This time it’s different Key Takeaways Bitcoin has been through many bear markets before, always surging back to higher highs Dan Ashmore, our Head of Research, cautions against naive extrapolation of past returns, however Until this past year, stock markets had done nothing but rise during Bitcoin’s existence Bitcoin was launched in 2009 as the stock markets bottomed, and […]
SEC Chair Gensler Argues That Rules Already Exist To Regulate Crypto in Light of Coinbase Pushback Source: Securities and Exchange Commission website US Securities and Exchange Commission’s Chair Gary Gensler pushed back against Coinbase’s call to have the agency propose and adopt rules for digital assets. Gensler was asked on Monday during Atlanta Fed's 2023 Financial Markets Conference to comment on the dispute with Coinbase why the SEC doesn’t want to […]
