3 reasons why Bitcoin traders say a BTC price trend reversal is overdue

Binance Research, the research arm of major cryptocurrency exchange Binance, claims that Facebook’s Libra stablecoin could spark additional cryptocurrency volume in a post published on its blog on June 18.In the announcement concerning the release of the full report, Binance Research claims:“Libra could spark additional cryptocurrency volume due to increased accessibility from both institutional players…

As the adoption of crypto takes off, the industry is exerting increasing influence on American society. This can be seen in its lobbying efforts and political action committees, for example, and in its own organizational efforts, such as business associations that promote it at the state, regional and national levels. Another way crypto is influencing…

Co-founder of cryptocurrency investment holding firm Primitive Ventures Dovey Wan suggested that fake news circulating in China may be responsible for yesterday’s bitcoin sv (BSV) price surge. Wan posted about the fake news in a tweet on May 29.According to Wan, a screenshot circulating on Chinese social media showed a fake article about self-proclaimed bitcoin…

The global decentralized finance (DeFi) market size was valued at $11.78 billion in 2021. This number is expected to increase as DeFi advances, yet it is still in its infancy. Therefore, a number of banks and traditional financial institutions still tend to be unaware of DeFi’s potential. While this may be, industry experts within the crypto…

Global securities services provider ABN AMRO Clearing has signed a contract to provide European mobile investment platform BUX with blockchain technology for a forthcoming commission-free stock trading mobile app. The news was revealed in a BUX news release on May 29.According to the news release, ABN AMRO Clearing processed 3.79 billion trades in 2018, and…

The NFT sector has seen exponential growth, tripling in transactions since January and pushing through the market crash this month. 1016 Total views 2 Total shares The popularity of non-fungible tokens, or NFTs, shows little sign of slowing down, despite the extraordinary marketwide crash that wiped more than $1 trillion off the crypto market cap.According…

The world’s third-largest cryptocurrency exchange, FTX, started the year with a $400 million Series C funding round, taking its valuation to over $32 billion. Ten months later, the crypto exchange is staring down the possibility of bankruptcy after its bid to be acquired by Binance failed.FTX was seen as one of the largest global crypto…

On June 7, the United States government task force seized more than $2 million in Bitcoin (BTC) to pay a ransom following an attack on the Colonial Pipeline system. A warrant filed with the U.S. District Court for the Northern District of California shows that authorities recovered 63.7 BTC.As news of the recovery spread through…

The discourse surrounding the securities laws and the treatment of digital assets continues to draw debate among market participants, regulators and legal practitioners. One of the most high-profile targets in this ongoing debate is XRP, a digital asset issued by Ripple Labs Inc. Despite voluminous public examination, regulators have not reached a consensus on the appropriate…