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Catching the Falling Knife: Bitcoin, Ethereum Down 50% From All-Time Highs — Billions Leave Crypto Economy
8.5.2022
The crypto economy has dropped considerably in value during the last five weeks, slipping 23.28% from $2.19 trillion to today’s $1.68 trillion. Furthermore, both bitcoin and ethereum are awfully close to sinking 50% below the all-time highs recorded six months ago. Bitcoin Sinks Lower...
Central Bank of Argentina Bans Private Banks From Offering Cryptocurrency Services
7.5.2022
The Central Bank of Argentina has taken steps to ban private banks from offering cryptocurrency services to customers in the country. The action comes after two banks had started offering cryptocurrency purchasing services from their apps. The measure is said to be directed at mitigating risks...
'Regulations are in place to help crypto businesses understand operations,' says The Bahamas PM Philip Davis
6.5.2022
The Bahamas Prime Minister Philip Davis shared his plans to welcome crypto businesses to the region during SALT’s Crypto Bahamas
Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June
6.5.2022
While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The greenback has seen five weeks of consecutive gains following the Federal Reserve’s 50 basis point...
First Mover Americas: Bitcoin's $40K Breakout Elusive as Fed-Inspired Dollar Drop Loses Steam
5.5.2022
The latest moves in crypto markets in context for May 5,2022
Bitcoin’s Hashrate Taps an All-Time High, Next-Gen Machine Deployment Could Push it Much Higher
4.5.2022
Bitcoin’s hashrate has once again reached an all-time high (ATH) this year, as the network’s processing power reached 275.01 exahash per second (EH/s) on May 2, 2022. The recent ATH follows a significant difficulty jump on April 27, and bitcoin’s value lost 6.2% against...
Crypto Bahamas: Regulations enter critical stage as gov't shows interest
3.5.2022
SALT’s Crypto Bahamas brought together traditional financial players with crypto companies and industry experts to discuss the future of digital assets
Derivatives, Spot Markets, Dex Swaps — 30 Day Crypto Trade Volumes Slipped Across the Board Last Month
2.5.2022
Digital currency markets have been tumultuous during the past month as bitcoin shed 15.43% and ethereum dropped 17.49% against the U.S. dollar. Moreover, crypto spot volumes are down 18.95% lower than the month prior, and both futures and options volumes were down in April as well. Lower than...
Bitcoin price slow to react as US dollar rally stops at 20-year highs
29.4.2022
A failure to hold $40,000 comes as the U.S. dollar currency index finally weakens
US needs 'electronic tokens' with functionality of cash — Software Freedom Law Center legal director
28.4.2022
Software Freedom Law Center legal director Mishi Choudhary supported tokens that were not quite CBDCs nor cryptocurrencies, but with cash-like privacy features many users may want
Bitcoin rejects$40K as US dollar strength hits 20-year high
28.4.2022
The U.S. dollar currency index breaks through resistance to hit its highest level since 2002 — to the detriment of practically everything
Trader flags BTC price levels to watch as Bitcoin still risks $30K 'ultimate bottom'
27.4.2022
A lot rests on the U.S. dollar cooling its bull run and fast, Michaël van de Poppe says, with Bitcoin's upside potential still impressive
Former Chinese Central Bank Governor: US Dollar Will Remain Global Reserve Currency, Says It ‘Has Great Inertia’
27.4.2022
In remarks that appear to pour cold water on assertions that digital currencies will topple the U.S. dollar anytime soon, a former governor of the Chinese central bank, Zhou Xiaochuan, insisted the greenback will remain in its position as the global reserve currency. Xiaochuan said the dollar still...
Bitcoin rebounds off 6-week lows amid warning of 'brutal' BTC price bull trap
27.4.2022
As the U.S. dollar challenges March 2020 highs, all bets are off when it comes to fresh Bitcoin price strength
Bitcoin bears tighten their grip on BTC now that $40K is the new resistance level
25.4.2022
Mounting concerns about the state of the global economy and traders' risk-off sentiment continue to weigh on Bitcoin price
While Apecoin Reaches New Price Highs, Data Shows Top 100 APE Holders Control 52% of the Supply
23.4.2022
During the last two weeks, statistics show the new crypto asset dedicated to the Bored Ape Yacht Club community (BAYC), apecoin (APE), has climbed more than 50% against the U.S. dollar. A few days ago, apecoin tapped an all-time high at $17.30 per unit and the crypto asset is now the 32nd largest...
Australian Dollar Falls Against the US Dollar, with Surge in US Yield
22.4.2022
Forex brokers are institutions or individuals who have been duly authorized to perform transactions related to foreign exchange. In the case of Australia, forex brokers must be authorized by the Australian Securities and Investment Commission, also known as ASIC. The Australian Dollar has emerged...
The Bahamian government hopes to allow residents to pay taxes with digital assets in 2022
21.4.2022
“We have a vision to transform The Bahamas into the leading digital assets hub in the Caribbean,” said Philip Davis, prime minister of the Bahamas
US Dollar Holds Ground Against JPY and CHN While Wall Street Rises
20.4.2022
The global market changes have put the greenback on the right track in the forex market. The USD has outrun several currencies from the Asia-Pacific in the last 24 hours alone. Specifically, the currency’s run against the JPY has been so phenomenal that it is expected to reach the 2002 peak...
Bitcoin 'buy' signal excites as dollar, gold extend losses, BTC price heads past $41.5K
20.4.2022
Nothing stands in the way of Bitcoin's latest renaissance, even as gold tumbles and the U.S. dollar checks its progress