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Bitcoin (BTC) struggled to recover from fresh losses on May 11 as a false alarm over United States government sales spooked markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysts deny U.S. government BTC salesData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $27,400 at the time of writing.The pair had
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“In the event of a widespread banking panic, which seems unlikely at this time, there will probably be the typical rush by investors into safe assets such as the U.S. Treasury securities. That is likely to help than hurt the dollar in the short term,” Eswar Prasad, professor at Cornell
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Crypto cycles aren’t for the faint-hearted. As the industry continues to evolve from the cypherpunks into the mainstream, we can expect a lot of growing pains. The dumpster fire that was 2022 may have scared off many companies interested in exploring the sector. Case in point: Visa and Mastercard’s embrace
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Bitcoin dropped to a new 18-month low on Sunday when it reached $17.5k. After this heavy fall, the coin quickly recovered as it went up above $20k in the following hours, relieving traders to some extent after the bearish market rocked the crypto space. Cryptocurrency analysis platform, CoinMarketCap revealed that Bitcoin rebounded
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Two experts have said they welcome South Africa’s planned regulation of cryptocurrency but warned this should not scare away investors. If the regulation is balanced between the need to protect investors and stimulating interest in crypto investment, this “could see funds stream into South Africa while growing the country’s burgeoning
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USDN's market capitalization had nearly doubled to $850 million in March. Original Source
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