The ECB released another working paper on the digital euro, providing an extensive technical analysis of a potential European CBDC and its position in the existing financial system. Issued on May 13, the working paper […]
Bitcoin (BTC) fell sharply this week to reach a low of $26,700 on May 12. This is the lowest price that it’s seen since December 2020. Bitcoin had been trading inside a long-term ascending parallel […]
Grayscale – the world’s largest Bitcoin fund – reportedly met with the Securities and Exchange Commission (SEC) in private last week. The company argued that the commission should approve its transition into a Bitcoin Spot […]
Bitcoin (BTC) bounced after reaching a low of $29,730 on May 10, validating the $30,500 horizontal area as support. Bitcoin had been increasing inside an ascending parallel channel since Jan. 24. Both the resistance and […]
El Salvador president Nayib Bukele has announced another Bitcoin purchase amid the current crypto market turmoil. Over Twitter, Bukele claimed to have bought exactly 500 Bitcoin for an average of $30,744 dollars each on Monday. […]
Cryptocurrency markets have been maturing over the last few years, making demand for crypto insurance solutions larger as more advanced players dip their toes into the nascent ecosystem. Investopedia reports that cryptocurrency insurance is seen […]
Bank of America has released a report recently, questioning the status of bitcoin as an inflation hedge considering its recent correlation with the stock market. Two analysts from the Wall Street giant Bank of America […]
Sunshine Tour – a professional golf tournament held in Southern and Eastern Africa – partnered with Luno to bring cryptocurrencies closer to the participants. Apart from prizes in fiat currency, the top golfers will receive […]
Bitcoin (BTC) found a new home at $36,000 into May 7 as volatility finally cooled into the weekend. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Terra down at least $250 million in crunch Data from […]
Bitcoin (BTC) broke out from descending wedge pattern on May 4, but the upward movement could not be sustained and the price fell sharply the next day. Bitcoin has been falling since reaching a local […]
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