Bitcoin hits 16-month high 'positive sentiment' as price sits near $68K

1. I already have a credit card. Why would I use crypto to pay? This may sound a bit strong, but banks and traditional payment systems do restrict your freedom. Imagine you live in the United States and your beloved father, whose birthday coincides with Independence Day, resides in another country. As all the local…

Gold is set to outperform Bitcoin (BTC) in the second quarter of 2021.An ounce of gold has surged from  $1,707.45 on April 1 to over $1,750 in the still-running June 30 session. That marked a roughly 3.9% jump over the quarter. Meanwhile, Bitcoin has plunged by more than 40% to below $35,000 after topping out…

In this week’s selected cryptocurrency and blockchain-related news from Japan, a new association promoting crypto assets in antiquing was born, a well-known cryptocurrency trader was arrested and the Kyoto University started participating in the XRP ledger.Here is the past week of cryptocurrency and blockchain news in review, as originally reported by Cointelegraph Japan.Crypto Antiquing Association…

United States Secretary of State Mike Pompeo believes that Bitcoin (BTC) should be regulated the same way as other electronic financial transactions.Security risks of reduced governmental monitoringIn an interview on Squawk Box on Aug. 20, Pompeo pointed out the risk of anonymous transactions associated with crypto, saying:“The risk with anonymous transactions is one that we…

The legal leader at Big Four auditor PwC, Gunther Dobrauz, recently praised the people responsible for Cardano’s (ADA) development.A huge part of the futureIn a Mar. 3 tweet, Dobrauz claimed that he has long been saying that decentralization is the future. Furthermore, he added that the Cardano Foundation and the team surrounding IOHK CEO and…

A source with knowledge of the investigations reportedly said New York authorities were looking into the collapse of FTX following the firm declaring bankruptcy on Nov. 11. 394 Total views 7 Total shares Prosecutors with the United States attorney’s office in the Manhattan district of New York have reportedly begun investigating the fall of crypto…

Crypto exchange Swyftx estimates anywhere from two to six million Australians could enter the market if regulated.

Key takeaways The Bitcoin megaphone pattern features at least two higher highs and two lower lows, forming an expanding structure. Connecting these highs and lows with trendlines creates a megaphone-like appearance, reflecting market instability. The formation signals heightened volatility, with price swings becoming more pronounced over time. Depending on the trend direction, the pattern can

Elon Musk’s social media platform, X, is under scrutiny for alleged DSA violations, with potential fines reaching $200 million.