Cryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend to set up a special committee that…
Maand: mei 2023
Ethereum Price Indicators Show Vulnerability to Bigger Correction
Ethereum price started a fresh decline from the $1,940 resistance against the US Dollar. ETH retested $1,825 and is showing a few bearish signs. Ethereum struggled to settle above the $1,925 and…
BRICS Global Currency Could Dislodge Dollar, Render US Sanctions Impotent: Ex-White House Economist
A former White House economic advisor says a coming BRICS-issued currency has the potential to topple the US dollar’s dominance in international trade. In a new article on Foreign Policy, Joseph Sullivan…
Bitcoin Price Rejects $30K But This Variable Can Trigger A Fresh Increase
Bitcoin price attempted an upside break above the $30,000 resistance. BTC failed and corrected lower toward the $28,400 support zone. Bitcoin is struggling to gain pace above the $29,400 and $29,500 resistance…
Friends and FOMO pushed newbie investors to buy crypto in 2022 — Survey
A survey from the United States Financial Industry Regulatory Authority indicates that new crypto investors tended to be swayed by suggestions from friends, compared to equities or bond investors. Source: Cointelegraph.com …
Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With China
BRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a meeting with China’s top diplomat for the region, the leader…
Binance supports Stacks network upgrade: Bitcoin L2 scaling takes a step forward
Bitcoin L2 network upgrade received support as Binance backed Stacks’ upgrade. Bitcoin’s TVL showed growth while Stacks’ TVL remained stagnant. Source: AMBcrypto Original Post: Binance supports Stacks network upgrade: Bitcoin L2 scaling…
2 reasons why Bitcoin Ordinals are ‘positive’ for BTC: Grayscale
Ordinals have been a controversial topic within the Bitcoin community but crypto investment firm Grayscale says there’s two main reasons to be optimistic. Source: Cointelegraph.com Original Post: 2 reasons why Bitcoin…
Gemini ‘supportive’ of Genesis mediation, but frustrated over pacing
Genesis is starting a 30-day meditation with its key creditors as its bankruptcy proceedings are close to hitting the four-month mark. Source: Cointelegraph.com Original Post: Gemini ‘supportive’ of Genesis mediation, but…
Investor Who Netted $1,000,000,000 Betting Against British Pound Is Now Shorting US Dollar: Report
Prolific American investor Stanley Druckenmiller says he’s now positioning himself short on the US dollar. According to the Financial Times, Druckenmiller, also known as “The Druck,” says the USD had a good…
Another Corrective Move Imminent for Bitcoin (BTC), Predicts Top Analyst – Here’s His Outlook
A closely followed crypto strategist thinks that Bitcoin (BTC) is gearing up to liquidate both bulls and bears in the coming days. Justin Bennett tells his 112,300 Twitter followers that there’s a…
Robert Kiyosaki Says Regional Banks Are Being Wiped Out — Calls Fed ‘Criminal’
Rich Dad Poor Dad author Robert Kiyosaki says the Fed is wiping out regional banks by supporting only big banks, like JPMorgan Chase. Stating that the Fed “is criminal,” he warned that…