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Bitcoin (BTC) has reached a “decision point” for price action, but speculators are in charge, says a new analysis.In findings uploaded to Twitter on May 26, Checkmate — lead on-chain analyst at Glassnode — revealed a BTC price showdown in the making.Analyst warns Bitcoin bulls “not doing anything”Struggling near key
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Amid the banking crisis emerging in the market, the US economic environment looks extremely fragile. On Wednesday, May 3, the US Federal Reserve (Fed) announced its 25 basis point rate hike, the 10th consecutive one in just over a year’s time. Although the announcement was in line with the Street expectation,
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"Events of the last six months have put a damper on entities wanting to bank this space [crypto]," said another panelist, Richard Booth, chief compliance officer of Fortress Trust Company. "But it's legal business and I think that every business in this country is entitled to access to banking rails."
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Bitcoin (BTC) fell below $29,000 into April 20 as bulls faced a battle for ground reclaimed in March.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWill $30,000 become Bitcoin's latest "Bart Simpson"?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD heading to $28,800 on Bitstamp.Earlier wicks below $28,600 were quickly bought up,
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Spruce Point also pointed out that Nuvei hired FTX’s former global head of payments, Adam Cole, as a senior vice president. Cole “advised multiple defunct companies with ties to known stock promoters with a list of unsavory allegations,” claimed the report. Source
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The internet has a habit of producing companies that dominate their industry because of network effects. The answer is the decentralization and openness that only blockchain technology affords, says EY’s Paul Brody. Source
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Jeffrey Tucker says we are at the turning point for the U.S. dollar, citing a growing de-dollarization trend. “The dollar’s just not going to be king,” he warned, adding that history will record recent events “as the turning point for the dollar.” Jeffrey Tucker on De-Dollarization, USD’s Turning Point Jeffrey Tucker, an
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United States Congressman Byron Donalds criticized the country's regulatory agencies on April 12 at the NFT.NYC 2023 conference in New York. According to Donalds, agencies like the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and others are being used to activate "Operation Choke Point 2.0" by
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Prior to today's upside action, bitcoin had been locked in a very tight range on either side of $28,000 for about 10 days. There's no apparent news behind Monday's sizable gains. Wednesday the consumer price index (CPI) will be released for March, one of the more important pieces of economic
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Signature Bank’s takeover last month was not a part of any so-called “Operation Choke Point 2.0,” according to Adrienne Harris, superintendent of the New York Department of Financial Services (NYDFS), who called the idea “ludicrous.” Source
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