Spooky Solana breakdown begins with SOL price facing a potential 45% drop — here’s why
SOL price can preserve the bullish bias, however, as its two multi-month support levels converge for the first time. Go to Source Powered by WPeMatico
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U.S. dollar index retreats from 20 year highs — but will DXY topping spark a Bitcoin recovery?
Strong euro and overbought readings could pressure the dollar further, showing signs of topping out—Bitcoin at risk of falling. Go to Source Powered by WPeMatico
Crypto funds under management drop to a low not seen since July 2021
Outflows from digital asset funds reached $141 million last week, a figure not seen since July 2021. Go to Source Powered by WPeMatico
Do you have the right to redeem your stablecoin?
Spoiler: No, stablecoin issuers do not guarantee the legal right for users to claim fiat currency back. Go to Source Powered by WPeMatico
Buy the dip, or wait for max pain? Analysts debate whether Bitcoin price has bottomed
BTC is flashing a few early bottoming signals, but analysts question whether “buying the dip” is a wise maneuver given the strength of the dollar and other factors. Go to Source Powered by WPeMatico
Independent Russian News Site Meduza Raises Over $200,000 in Crypto
Pressure from the Kremlin and sanctions from the West have forced Russian news outlet Meduza to increasingly rely on cryptocurrency donations to fund its independent journalism. As the restrictions imposed over Moscow’s invasion of Ukraine have prevented its Russian readers from contributing in fiat currency, the Riga-based website now accepts several digital coins. Meduza Pulls … Read more
‘Regulations are in place to help crypto businesses understand operations,’ says The Bahamas PM Philip Davis
The Bahamas Prime Minister Philip Davis shared his plans to welcome crypto businesses to the region during SALT’s Crypto Bahamas. Go to Source Powered by WPeMatico
Crypto Bahamas: Regulations enter critical stage as gov’t shows interest
SALT’s Crypto Bahamas brought together traditional financial players with crypto companies and industry experts to discuss the future of digital assets. Go to Source Powered by WPeMatico
Bitcoin rejects $40K as US dollar strength hits 20-year high
The U.S. dollar currency index breaks through resistance to hit its highest level since 2002 — to the detriment of practically everything. Go to Source Powered by WPeMatico
Trader flags BTC price levels to watch as Bitcoin still risks $30K ‘ultimate bottom’
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. Go to Source Powered by WPeMatico