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Bitcoin was rejected once more as it approached the mid area around its current levels. The first crypto by market cap has been trending to the upside over the past week but has been unable to break above critical resistance. Related Reading | TA: Ethereum Eyes Key Upside Break, $3K Holds
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The federal government of Russia should be ready with different regulatory scenarios for the country’s crypto market by the end of next working week, documents from a recent meeting have indicated. The executive power in Moscow favors regulation over the prohibition of cryptocurrencies and related activities. Government Inclined to Legalize
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Because the stablecoins would effectively act like a pass-through central bank digital currency, their pegs – fixing the price to $1, for example – would come with guaranteed stability. In times of financial panic, however, large migrations of regular commercial bank deposits into narrow bank stablecoins could disrupt lending and
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Bitcoin starts yet another 2022 week in the red with a 2% loss in 24 hours and a 13.5% loss in 7 days. The benchmark crypto has been on a downtrend since the end of 2021 and could potentially dip further due to macroeconomic factors. Related Reading | TA: Bitcoin Key Indicators
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Some predictions about the future of money are cautious, sensible, sober and grounded. These are not. To open our minds as to what the future might bring, we chucked the usual concepts like “most likely” or “bet on this.” Instead we wondered, what are some dark horse scenarios that maybe,
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Cooler heads are calling for a collective deep breath and a step back to see the long-term outlook for the future of Bitcoin (BTC) price and the wider crypto market, but today's drop back under $56,000 is raising eyebrows among traders.Data from Cointelegraph Markets Pro and TradingView shows that after
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By this time, most cryptocurrency enthusiasts have understood that blockchain’s use case scenarios expand far past the scopes associated with digital currencies and the financial market. In fact, once adopted, blockchain technology will positively disrupt most of the world’s industries, especially those where technology plays a prime role. This article will
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The year is 2030, and you need to buy some new sunglasses. You browse through your options online. You use augmented reality to try on a few pairs, you find one you like, and now it’s time to pay. This piece is part of CryptoX's "Internet 2030" series about the future
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As Bitcoin price corrects, traders debate whether BTC will visit
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Futurist and author, Daniel Jeffries, shared with CryptoX his view on the future scenarios awaiting Bitcoin in the aftermath of COVID-19. Two possible outcomes In one particularly dark scenario, the global economy will plunge into a severe recession and countries will turn to authoritarianism in order to survive. In such a scenario,
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