U.S. SEC Adding Attorneys to Crypto Enforcement Unit, Signals Continued Crackdown
The Securities and Exchange Commission said in March that it was planning to add additional staff to the unit. Source
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Fed signals a sharp rate hike in March due to inflation — Here’s how Bitcoin traders can prepare
Like it or not, for crypto investors, the U.S. Federal Reserve policy on interest rate hikes and high inflation is the single most relevant measure for gauging demand for risk assets. By increasing the cost of capital, the Fed boosts the profitability of fixed-income instruments, but this is detrimental to
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Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment
The Frax community recently approved a proposal to make its FEI stablecoin fully backed by USD equivalents, rather than maintaining a partially backed and semi algorithmic stablecoin. With Frax’s decision, the days of experimentation with algorithmic stablecoins could finally be behind us.The decentralized stablecoin space has only proved effective with
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Bitcoin metric prints ‘mother of all BTC bullish signals’ for 4th time ever
A Bitcoin (BTC) price indicator has flashed green for just the fourth time ever this week in a major warning to bears.In a tweet on Feb. 16, crypto market analyst Mohit Sorout announced that the Dollar Cost Average (DCA) Indicator was now “suggesting a raging bull market.”DCA breakout last preceded
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Bitcoin 25% Climb Signals Recovery In Crypto Market
After a strong week for bitcoin (BTC) and many other leading cryptocurrencies, traders are now on the lookout for indicators of what could spark the next bull run. After being battered by losses for the majority of 2022, bitcoin and other cryptocurrencies are on the rise in 2023, leading to predictions
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Bitcoin Taker Buy/Sell Ratio Can’t Give Any Clear Signals As Demand Remains Low
On-chain data shows the Bitcoin taker buy/sell ratio has been unable to give any real signal recently as the demand has remained low in the market. Bitcoin Taker Buy/Sell Ratio Hasn’t Been Able To Catch Any Momentum Recently As pointed out by an analyst in a CryptoQuant post, the taker buy/sell ratio
Read MoreUK FCA derivatives ban signals disapproval of crypto as a whole, CoinShares exec says
Following the definitive ban of cryptocurrency derivatives in the United Kingdom, cryptocurrency companies in the country shared their thoughts on the matter with Cryptox.Among the most affected is CoinShares, a U.K. company known for providing cryptocurrency exchange-traded notes, or ETNs. Unlike exchange-traded funds, ETNs do not necessarily own the underlying
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