Bitcoin Price Rises for Second Day on Hopes for Soft Landing
The largest cryptocurrency continues to rebound from a five-week low. Source
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Hopes
UK Crypto Industry Hopes for More Clarity From Planned Stablecoin Rules
“Although adoption is projected to grow in Great Britain in the midterm, the primary barriers to growth stem from security and regulatory concerns,” Emma McInnes, Global Head of Financial Services at YouGov told CryptoX in an interview. “With recent announcements made by the U.K. government regarding regulation of businesses exposed
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Jamaica’s central bank digital currency and the problems it hopes to solve
The Central Bank of Jamacia recently announced that it would be launching its central bank digital currency (CBDC), dubbed the Jamaican Digital Exchange, or Jam-Dex, in the first quarter of 2022. According to the Jamaican government, the national digital currency will help to lower transaction costs while allowing the unbanked
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Bitcoin rally hopes diminish as pro traders flip bearish, retail interest at 12-month lows
Bitcoin (BTC) has been trapped in a symmetrical triangle for 56 days and the trend change could last until early May, according to price technicals. Currently, the support level stands at $38,000, while the triangle resistance for daily close stands at $43,600.Bitcoin mining up, retail interest downBitcoin/USD price at FTX.
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New Hampshire hopes its express approval of crypto-friendly law will attract new business
The New Hampshire House of Representatives passed a bill on Tuesday to adopt the new version of Chapter 12 of the Universal Commercial Code, or UCC, which will govern transfers of digital assets. The chapter is still in draft form, but if HB1503 is signed into law, New Hampshire will
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BTC price cracks $41K as hopes of peace in Eastern Europe send Bitcoin higher
Bitcoin (BTC) returned above $41,000 prior to the Wall Street open on March 16 as good news from Asia and Russia buoyed stocks.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC on track to close week higherData from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining $41,000 as a focus after the Chinese
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Why Ethereum Needs To Clear $2,650 For Hopes of a Fresh Rally
Ethereum extended decline below the $2,525 support zone against the US Dollar. ETH price remained bid near $2,500 and currently attempting an upside break. Ethereum is still struggling to clear the $2,600 and $2,625 resistance levels. The price is now trading below $2,600 and the 100 hourly simple moving average. There is a
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On Chinese Social Media, Justin Sun Says He Hopes to ‘Strengthen Cooperation’ With Russia
“My guess is simple – it is difficult to write about fundraising for Ukraine in Weibo, given Chinese censorship and predominant pro-Russian narrative,” said Igor Denisov, senior research fellow at the Moscow State Institute of International Relations’ institute for international studies in an email to CoinDesk. (Sun’s Weibo posts on
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YGG-backed Oasys blockchain hopes to take P2E gaming mainstream
The team behind the new gaming-focused proof-of-stake blockchain Oasys say that it’s been designed to increase mainstream play-to-earn (P2E) adoption.The Singapore-based firm (Oasys PTE. LTD) behind the new chain touts its scalability, eco-friendly PoS blockchain, “zero gas fee experience” and the portability of digital assets between different projects built on
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Why Bitcoin Needs To Clear $43,800 For Hopes of a Fresh Rally
Bitcoin is recovering losses and trading above $43,000 against the US Dollar. BTC must clear $43,800 to continue higher in the near term. Bitcoin found support near $41,600 and started a fresh upward move. The price is trading above $43,000 and the 100 hourly simple moving average. There was a break above a
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