M2 money supply 'holds the key' for Bitcoin's next move — Market analyst

Users of the exchange will be able to purchase up to $25,000 in crypto daily using PayPal. 2364 Total views 14 Total shares Coinbase users with PayPal accounts will now have another way to purchase crypto through the exchange.In an announcement from Coinbase today, the crypto exchange said it would be allowing its customers based…

Andrew Hamilton, a lawyer with a background in computer science, is spearheading a class-action lawsuit accusing the social media and search giants Google, Facebook, Twitter, and YouTube for cartel-like behavior intended to kill off the burgeoning cryptocurrency sector.The suit, which has already amassed more than $600 million in claims, accuses the firms of acting as…

The total cryptocurrency market capitalization gained 2% in the past seven days, reaching $850 billion. Even with the positive movement and the ascending channel that was initiated on Nov. 20, the overall sentiment remains bearish and year-to-date losses amount to 63.5%.Total crypto market cap in USD, 4-hour. Source: TradingViewBitcoin (BTC) price also gained a mere…

Cryptocurrency exchanges in Korea shrink within national boundaries due to lack of regulatory clarity. 1488 Total views 22 Total shares The lack of regulatory uncertainty in South Korea is causing major Korean cryptocurrency exchanges to lose international traders and turn their focus on the domestic audience.Speaking to Cointelegraph, a spokesperson of the South Korean exchange…

The Ethereum netflow chart shows that the spike in exchange flows has often come at a time when the price of ETH was trading at a short-term/long-term low. 285 Total views 6 Total shares The exchange netflow of Ether (ETH) over the past couple of years highlights a behavioral pattern among Ether whales that market analysts…

In 2021, it seemed as if 10 new Disneys — and the next 20 Picassos — were emerging from blockchain and various nonfungible token (NFT) collections.Exorbitant NFT values that year signaled strong belief in many projects. But two years later, those “next Disneys” have delivered little. The situation has created significant market frustration and disillusionment

When Threads launched on July 5, it reported gaining more than 100 million organic users in the first five days, and it became clear the public was interested. The ease of transition, familiarity and the fact they didn’t need to learn new tech was enough to stop them from thinking: “Why even choose between the…

China's central bank aims to challenge the global financial status quo. 513 Total views 19 Total shares The People’s Bank of China is placing a strong emphasis on the geopolitical stakes of the country’s central bank digital currency development.An article published in the PBoC-run magazine China Finance this weekend argued that Beijing should “accelerate the…