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Ethereum started a fresh increase from the $2,750-2,780 support zone against the US Dollar. ETH price could revisit the main $3,150 resistance zone in the near term. Ethereum started a fresh increase above $3,000 after testing the $2,780 zone. The price is now trading above $3,000 and the 100 hourly simple moving
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The rapid adoption of cryptocurrencies like Bitcoin (BTC) poses a major challenge for the traditional financial system, an executive at the Chinese central bank has warned.Wen Xinxiang, director of the payment and settlement department at the People’s Bank of China (PBoC), has expressed concerns over the growing popularity of cryptocurrencies
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Chibi Dinos are a collection of 10,000 unique dinosaur-themed non-fungible tokens, or NFTs. The chibis — a phrase denoting the Japanese slang word for small — have been adopted by a variety of artists to portray short, big-headed caricature figures. The chibis are unique in design and randomized in their rarity,
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The UK Information Commissioner’s Office (ICO) will today call on fellow G7 data protection and privacy authorities to work together to overhaul
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Bitcoin (BTC) lost its appetite for further gains on Thursday as BTC price action targeted levels below $45,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price heads toward $44,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD testing $44,200 during Thursday, down over 4% in 24 hours.The pair had spent the
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It’s no secret that Coinbase has played an instrumental role in bringing new users into the crypto space. Coinbase’s friendly onboarding process and status as a publicly traded company allow it to appear as a more traditional investment platform to non-crypto savvy investors, leading to greater trust.However, it seems almost
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The lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission, or SEC, now involves major crypto exchange Binance after a recent filing on behalf of Ripple CEO Brad Garlinghouse.According to court documents filed in the Southern District of New York on Monday, Garlinghouse’s legal team has requested documents
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Since 2013 the Grayscale Bitcoin Trust Fund (GBTC) has offered its investors exposure to Bitcoin (BTC) through a publicly quoted private instrument. However, the trust's convertibility and liquidity vastly differ from an Exchange Traded Fund (ETF).Trusts are structured as companies, at least in regulatory form, and are 'closed-end funds' which
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Nigeria’s vice president, Yemi Osinbajo, delivered a speech at an economic summit on Friday in which he spoke positively of crypto and blockchain. “There is no question that blockchain technology generally, and cryptocurrencies in particular, will in the coming years, challenge traditional banking, including reserve banking, in ways that we cannot
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The head of the St. Louis Federal Reserve believes bitcoin does not pose a threat to the U.S. dollar’s status as the global reserve currency.In an interview with CNBC on Tuesday, James Bullard said the Fed’s policy focus will remain fixed on a global dollar economy “as far as the
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