Bitcoin price still in ‘prime buy zone’ even with rally to $65K

The fresh policies recommended by the IMF aim to curb down the financial risks associated with global crypto adoption. 2954 Total views 68 Total shares The International Monetary Fund (IMF) released a set of actionable policies for the emerging markets and developing economies to ensure financial stability amid global crypto adoption. The IMF believes in the…

Senators confirmed that Bitcoin and Ether will be classified as commodities and regulated by the CFTC. 421 Total views 3 Total shares One can hardly name a document more long-hoped-for as the crypto bill, co-sponsored by United States Senators Cynthia Lummis of Wyoming and Kirsten Gillibrand of New York, was for the crypto community. And,…

The financial details of the deal remain undisclosed. However, as a full exit from Russia, Binance will have no ongoing revenue split, nor any option to buy back shares, the companies said. 251 Total views 2 Total shares Cryptocurrency exchange Binance has announced its full exit from Russia by selling its firm to a newly

Key points: High Bitcoin ETF inflows don't always signal a price top as historical data is mixed. Spot Bitcoin inflows often precede short-term price rises, not reversals. Bitcoin may hit $100K but faces resistance. Bitcoin’s (BTC) price recovery may be stalled at $100,000 as questions emerge whether high ETF inflows have always marked the local

The price of Bitcoin (BTC) has reclaimed $15,500 on Nov. 11 after whales sold the highest amount of BTC since March. In past cycles, the dominant cryptocurrency typically rallied after a sell-off from whales.On March 12, for instance, the All Exchanges Inflow Mean (MA7) indicator hit 3. At the time, BTC declined to as low…

Canada has remained a peculiar regulatory alternative to the neighboring United States in regard to cryptocurrency. While its licensing process has become more stringent than in some countries, Canada was the first to approve direct crypto exchange-traded funds. State pension funds have invested in digital assets, and crypto mining firms have moved to the country…

Just after 100,000 in USDC were blacklisted by Centre, Tether blacklists 46 million Tether in Ethereum addresses. 629 Total views 12 Total shares Tether (USDT) has blacklisted 39 Ethereum addresses worth $46 million in USDT, with 24 holding a total of over 5.5 million USDT being blacklisted this year. This revelation comes on the back…

Entrepreneur Alex Mashinsky thinks a bet on Bitcoin in the current financial crisis is a bet “that the deflationary pressures will win”. 1229 Total views 32 Total shares Alex Mashinsky, chief executive officer (CEO) of cryptocurrency lending platform Celsius Network, thinks Bitcoin (BTC) hasn’t become enough of a non-correlated asset for investors to turn to…

JP Morgan CIO Lori Beer said at a press conference in Buenos Aires that blockchain will “replace existing technology” in a few years, according to Argentinian website Cripto247 August 23. “We will see a greater and wider use of blockchain [...] In a few years blockchain will replace the existing technology, today it only coexists…