Saturday, May 4, 2024
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Bitcoin traders expect ‘big move’ next as BTC price flatlines at $28K

Bitcoin (BTC) reduced its narrow trading range even further into April 8 as risk assets waited for fresh catalysts. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHopes for BTC price "impulse" to follow sideways actionData from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $28,000 on Bitstamp.The pair continued sideways behavior

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Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies – Economics Bitcoin News

As part of the talks that Russian president Vladimir Putin and Chinese president Xi Jinping are currently conducting in Russia, Russia has vowed to move to use the Chinese yuan as a settlement currency with countries in Asia, Africa, and Latam. Putin expressed that using national currencies for international trading

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Bitcoin returns to $25K as Credit Suisse bailout precedes EU rate hike move

Bitcoin (BTC) rebounded for a fresh challenge of $25,000 on March 16 ahead of a key interest rate decision in Europe.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCredit Suisse stock up 40% after “decisive action”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining almost $1,000 versus overnight lows of $24,229

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Meta Announces 10,000 Layoffs in ‘Year of Efficiency’ Move; Singles Out AI Over Metaverse as ‘Largest Investment’ – Bitcoin News

Meta, the social media company, will continue to shed part of its workforce, recently announcing 10,000 new layoffs to be executed during 2023 as part of its new efficiency policy. Mark Zuckerberg, CEO of the company, stated that artificial intelligence (AI) was currently the company’s most prominent investment, even over

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