Bitcoin traders pinpoint key levels to watch as BTC price tests key trendlines
The 200-week moving average is just one of a series of lines in the sand for Bitcoiners to keep their eye on this week. Go to Source Powered by WPeMatico
Month: August 2022
Kim Kardashian legal team files motion to dismiss EthereumMax crypto lawsuit
Kim Kardashian’s lawyers filed a joint motion to dismiss the class-action complaint against the American businesswoman for promoting an alleged ‘pump and dump’ crypto token. Go to Source Powered by WPeMatico
Nigerian Central Bank Told to Consider Floating the Naira, Recent Interest Rate Hike Slammed
The Central Bank of Nigeria should be discontinuing the fixed exchange rate system and let the naira freely float against the major currencies, Alhaji Aminu Gwadabe, the leader of a Nigerian association of bureau de change operators has said. The leader also slammed the recent adjustment of the central bank’s interest rate to 13%, which … Read more
Ether creates history as key metric in ETH options exceeds Bitcoin by 32%
While Ethereum created history by taking over Bitcoin in the options market, the ETH futures contract entered price backwardation. Go to Source Powered by WPeMatico
Singaporean financial watchdog to consult public on stablecoin regulation
The financial regulator admits it’s high time to shift the focus from the KYC/AML issues to more nuanced risks, poised by stablecoins. Go to Source Powered by WPeMatico
Swiss Sygnum Bank expands crypto staking with Cardano
Sygnum debuted cryptocurrency staking about two years ago with Tezos staking, eventually expanding the service to ICP and ETH 2.0. Go to Source Powered by WPeMatico
Chinese Miner Claims an Ethereum PoW Fork Is ‘Coming Soon,’ Despite ETC’s Existence
According to Chandler Guo, an influential Chinese bitcoin miner, a proof-of-work (PoW) version of Ethereum is “coming soon.” The news comes as The Merge is expected to be implemented on Ethereum during the week of September 19, and the growing discussions of delaying the highly anticipated proof-of-stake (PoS) transition. Chinese Miner Chandler Guo Says ‘Ethereum … Read more
European Central Bank bets on CBDCs over BTC for cross-border payments
ECB’s interest in identifying the best cross-border payment solution stems from the fact that it serves as the central bank of the 19 European Union countries which have adopted the euro. Go to Source Powered by WPeMatico
Report: Crypto Hardware Wallet Maker Ledger Seeks $100 Million Capital Raise
The French cryptocurrency hardware wallet manufacturer Ledger is seeking to raise fresh new capital after raising $380 million in June 2021, according to sources familiar with the matter. The hardware wallet company Ledger is reportedly looking to raise at least $100 million from strategic investors. Crypto Hardware Wallet Manufacturer Ledger Is Reportedly Looking to Raise … Read more
Bitcoin network activity decline suggests longer bear market: Glassnode
Although Bitcoin prices made a strong 15% recovery over the past week, metrics suggest more network demand would be needed to sustain further price increases. Go to Source Powered by WPeMatico
