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Bitcoin Cheers Dollar Weakness, But TradFi Experts Retain Bullish Bias on Greenback
13.9.2022
Prominent investment banks like UBS and ING expect the dollar to remain supported over the near term
Bitcoin battles whales above $22K as BTC price faces US CPI data
13.9.2022
Bitcoin bulls are now attacking the "final" major resistance cluster below $25,000, on-chain data shows
Bitcoin hits 3-week high as trader says 'all signs there' to short BTC
12.9.2022
Little faith remains in continued upside for BTC price action after a week of solid gains brings back the 100-day moving average
The Fed, the Merge and $22K BTC — 5 things to know in Bitcoin this week
12.9.2022
A bullish weekly close sees Bitcoin tackle realized price while analysts speculate on major volatility in the coming days
Nigerian Blockchain Startup Bitmama Closes $2 Million Pre-Seed Round
11.9.2022
After raising $1.65 million via a pre-seed extension, Bitmama, a Nigeria-based blockchain startup, has now closed its pre-seed funding round at $2 million, a report has said. Leading the funding round were two Africa-focused venture capital firms: Unicorn Growth Capital and Launch Africa....
Will Bitcoin’s rally sustain? DXY, SPX, GC and WTI could have the answer
9.9.2022
BTC rallies above $21,000 as the US dollar index shows signs of cooling off, but is the wider crypto market beginning to reverse its bearish trend?
LUNA 2.0 Token Jumps 200% Higher Against the US Dollar in 24 Hours
9.9.2022
While digital currencies jumped in value during the early morning trading sessions on Friday (ET), the new Terra token, LUNA 2.0, jumped more than 200% in value against the U.S. dollar. LUNA jumped from a low of $1.90 per unit to a high of $6.87, but the token’s value has slipped to...
Bitcoin price cracks $21K as trader says BTC buy now 'very compelling'
9.9.2022
Optimism increases over a macro Bitcoin bottom as daily gains top 9% for BTC/USD on the Wall Street open
Euro Gains Value on US Dollar Ahead of the ECB
9.9.2022
The financial market recently witnessed the euro gaining value on the US dollar. A major reason behind the movement came after the ECB (European Central Bank) meeting about the euro’s GDP figures. The meeting concluded with the final annualized GDP of 4.1% against the 3.9% accrued in July. Many...
Bitcoin Price Pumps Back to $21k as Whales Make Moves and Dollar Slides
9.9.2022
The bitcoin price is flying higher today up nearly 8.6% at $20,963 and it is pulling up the rest of the crypto complex.
Data site CoinGecko shows prices of the top 20 coins trading all strongly in the positive, showing gains of between 5% and 9%, as does the cryptonews.com price tracker across...
Bitcoin squeezes past $20K on US dollar dip as BTC price gains 8.7%
9.9.2022
A comedown for U.S. dollar strength provides the fuel for a short squeeze in Bitcoin liquidating over $60 million of shorts
US Treasury to Recommend Issuing Digital Dollar if in National Interest: Source
8.9.2022
The U.S. Treasury Department will advise the federal government to press forward on work to issue a digital dollar, though it should only take the final step if there’s sign-off that the government-created tokens are in the “national interest,” according to a person familiar with a report emerging...
Republican lawmakers call for answers on digital dollar from Fed vice chair
8.9.2022
The House members asked for clarification on whether the Fed may be considering an “intermediated model” for a digital dollar that could require authorization from Congress
Republicans Want Answers From Fed on What It’ll Take to Justify Digital Dollar
8.9.2022
Rep. Patrick McHenry and others from the House Financial Services Committee sent a letter demanding clarity from Fed Vice Chair Lael Brainard on the topic
Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision
7.9.2022
On September 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was controversial among crypto proponents on social media, Circle Financial CEO Jeremy Allaire explained that the change...
Bitcoin price hits 10-week low amid 'painful' US dollar rally warning
7.9.2022
The dollar is overdue for a correction which will briefly send risk assets, including crypto, "flying," one analyst concludes
Analyst Warns US Debt Crisis Is Possible — Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’
7.9.2022
Wall Street’s major indexes closed the day in red on Tuesday, alongside cryptocurrencies, and precious metals like gold and silver taking some percentage losses. The leading crypto asset bitcoin dropped 5.87% under the $19K region, while the second largest crypto asset ethereum shed 8.7%....
Ether, Cardano Lead Steep Crypto Slide Amid Dollar Strength
7.9.2022
Some analysts said impending monetary tightening could add to a global rout across major asset classes, including equities and crypto
Bitcoin 'bear flag' breakdown targets $15K as US dollar hits 20-year high
6.9.2022
BTC is losing its safe haven status to the dollar, with mutual funds increasing their cash holdings by $208 billion in the first half of 2022
Circle co-founder says converged dollar books on Binance would be good for USDC
6.9.2022
The world's largest crypto exchange announced yesterday it would cease trading support for USDC and auto-covert deposits to its own stablecoin after Sept 29