Bitcoin Price To Stay Below $30,000, Thick Ceiling To Hinder Rally?
The Bitcoin price has experienced a slight uptick in the past 24 hours as bulls defended critical support. The number one cryptocurrency
Read More
Hinder
Economics of Bitcoin ATM market could hinder wider adoption
As the digital asset market continues to evolve, the use of cryptocurrency ATMs grows with it. Over the past decade, nearly 40,000 cryptocurrency ATMs have popped up worldwide.Bitcoin (BTC) ATM service provider, Bitcoin of America, had carved out a slice of the market but recently closed shop in the United
Read More
USDC depeg will hinder stablecoins’ growth, increase regulatory scrutiny — Moody’s
Recent turmoil in the traditional banking sector, culminating in USD Coin (USDC) losing its peg, could negatively affect stablecoin adoption and potentially increase calls for regulation, argued credit rating agency Moody’s Investors Service. In its latest “Sector Comment” report published on March 16, Moody’s says fiat-backed stablecoins could face new resistance
Read More
The Fed Will Keep Focusing on Crypto — Fed Governor Says ‘We Do Not Want to Hinder Innovation’ – Regulation Bitcoin News
Federal Reserve Governor Michelle Bowman says while “cryptocurrency activities can pose significant risks,” the Fed does not want to “hinder innovation.” She added: “By inhibiting innovation, we could be pushing growth in this space into the non-bank sector, leading to much less transparency and potential financial stability risk.” Fed Governor on
Read More
Pro-blockchain narratives hinder Bitcoin adoption, says StackinSat founder
Over a decade-long evolution later, for self-justified personal reasons, a handful of the crypto community members chose to believe in siding against Bitcoin (BTC), resulting in a narrative that preached "blockchain is great, Bitcoin is bad."Josselin Tonnellier, the founder of Bitcoin exchange StackinSat and organizer of the Surfin' Bitcoin 2022, believes
Read More
Crypto’s Carbon Footprint Could Hinder Adoption: Deutsche Bank
Due to the carbon footprint of mining operations, some governments and regulators, such as the Chinese, are taking action, the report said. But as the market value of cryptocurrencies expands “people will find a way to mine, trade and use cryptocurrencies, especially in an unregulated market.” Original Source
Read More
Regulatory hesitancy may hinder adoption
The stablecoin market has been growing exponentially — from only $21.5 billion in mid-October of last year to $130 billion at the start of November; a six-fold increase — so it was only reasonable to expect that the United States government would have to come to grips with these digital
Read More