Bookmarking Crypto Insights
The cryptocurrency market’s momentum is slowing down once again after exhibiting high trading volume throughout the week. Bitcoin and Ethereum’s price manages to hold support, with BTC trading above $19k and ETH holding above $1,300. Let’s look at any relevant news affecting crypto prices this week. Key Points: The cryptocurrency market is losing momentum as … Read more
While bitcoin is down more than 72% from the crypto asset’s all-time high, bitcoin mining operations are expanding at a rapid pace during the downturn. On Tuesday, the bitcoin miner Cleanspark said its hashrate has surpassed 4 exahash per second (EH/s), and the Texas mining company Rhodium revealed it raised $11.9 million, according to a … Read more
Solana rose for a second straight day on Thursday, as the token moved closer to its long-term resistance point of $35.00. Monero was also in the green during today’s session, extending recent gains in the process. Overall, markets attempted to rebound, following a red wave which swept through markets to start the week. Solana (SOL) … Read more
Politicians continue to argue about whether the U.S. economy is in recession, even as data highlights two consecutive quarters of negative growth. Meanwhile, BTC holds $19,000, for now. Go to Source Powered by WPeMatico
Following the Bank of England explaining that it would be meddling in U.K. bond markets and the Bank of Japan defending the yen in the foreign exchange market last week, the Hong Kong Monetary Authority (HKMA) revealed it intervened in forex markets on Wednesday. Hong Kong’s central bank detailed that it interfered in forex markets … Read more
Crypto industry is coming to save the troubled Euro monument in Frankfurt after traditional banks refused to support the symbol of Eurozone decision-making. Go to Source Powered by WPeMatico
Emtech’s Cadet talks about CBDCs in emerging markets as the U.S. Congress and United Nations hear about the traditional banking crises. Go to Source Powered by WPeMatico
Members of the Ooki DAO are discussing various ways to respond to the recent lawsuit filed by the CFTC. Go to Source Powered by WPeMatico
Volatility in cryptocurrency markets remained high on Thursday, as markets began to consolidate following a recent red wave. Bitcoin was back above $19,000 in today’s session, with ethereum also rebounding following recent losses. As of writing, the global crypto market cap is up 2.43% Bitcoin Bitcoin (BTC) was trading higher on Thursday, as crypto markets … Read more
Bitcoin looks suitable for Russia’s crypto cross-border payments at first glance, but there are many reasons why such a choice is highly questionable. Go to Source Powered by WPeMatico
