First Mover Americas: BTC Finally Sees Rebound, but It Could Be Short-Lived
The latest moves in crypto markets in context for May 31, 2022. Original Source
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Finally
Bitcoin ‘finally’ due for $32.8K as long-term BTC price metric flashes overvalued
Bitcoin (BTC) briefly returned to $30,000 before the May 25 Wall Street open as range adherence lingered.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: BTC should challenge 2-week highsData from Cointelegraph Markets Pro and TradingView showed BTC/USD managing to hit $30,189 on Bitstamp before consolidating back under the $30,000 mark. While
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How Blockchain is Finally Getting Africa on the Grid
Parents lining up to pay school fees in cash, lenders charging extortionate rates, and cash savings held under mattresses—these are some of the things residents in Africa have had to resort to due to financial technology not having yet fully expanded in the developing continent. According to Statista, only 48 percent
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Coinbase, MicroStrategy and Other Crypto Stocks Finally See Some Relief After Recent Losses
“The extent of the damage caused from the depegging of recent stablecoins, and collapse of LUNA is unknown and will likely continue to play out in the weeks to come, but we expect that recent events in the crypto market to be catalysts for regulation, particularly around stablecoins, which we
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After years of doubts and concerns, it is finally Bitcoin’s time to shine
Gold has served as a store of value for thousands of years. Due to this, investors have widely used it as a hedging tool against the effects of recessions and inflation often caused by geopolitical tensions. In light of recent events such as the COVID-19 pandemic and, more recently, the
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Joe Biden’s executive order is finally upon us, and it doesn’t look too dreadful, March 7–14.
As Russia’s self-styled “special operation” against Ukraine continues, crippling economic sanctions remain the Western powers’ primary weapon to counter Russia’s military actions without triggering an even more dramatic escalation. As NATO and allies’ financial offensive unfolds, ensuring that the collective West presents a united front remains political leaders’ chief concern.
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Ethereum price finally topped $3K, but data suggests a reversal is nowhere in sight
There is an old saying in traditional markets which is actually more like a trading rule. It goes, “when the trend is negative, one can only be neutral or short,” meaning bet on the price decrease. The problem is that a relief bounce tricks traders into believing that the negative
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Top Canadian Trading App Finally Embraces Crypto Fully
In 2020, Wealthsimple dipped its toes into crypto by offering Bitcoin and Ethereum trading. Now, the online investment platform is fully embracing crypto by including capabilities like hosted wallets and several other coin options to trade. Of course, Wealthsimple isn’t the first financial services company to embrace crypto, signaling that
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Litecoin is finally launching its major Mimblewimble upgrade
After two years of development, Litecoin (LTC) has finally launched its highly anticipated Mimblewimble upgrade, opening the door to more privacy-oriented transactions on the network. Mimblewimble’s integration into Litecoin came by way of the Mimblewimble Extension Block, also known as MWEB, which allows the network’s users to opt-in to confidential transactions.
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Block’s Cash App Is Finally Integrating the Lightning Network
Block, formerly known as Square, is integrating the Lightning Network into its popular Cash App, a move first promised in 2019. The company said the feature should be available to all U.S. Cash App users, except those in New York State, in the coming weeks. Source
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