Cryptocurrency Analysis and News Portal
The U.S. Department of Labor (DOL) in March issued a controversial warning to 401(k) plan fiduciaries to “exercise extreme care” before considering adding cryptocurrencies to a retirement plan’s investment menu. Today, the agency is being sued for it. Original Source
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Bitcoin (BTC) fell in line with United States equities on May 31 as the return of Wall Street began with a whimper.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewStocks take BTC price south againData from Cryptox Markets Pro and TradingView showed BTC/USD returning to near $31,000 at the start of trading after
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The U.S. government again named stablecoins as a potential threat to the stability of the financial system, with both the Federal Reserve and a senior Treasury official saying Monday that the tokens are vulnerable to runs. Source
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The Central African Republic recently adopted Bitcoin and Other cryptos to bolster the failing economy Officials from the IMF said the decision poses significant risks to the economic integrity of the region Similar rhetoric from the IMF surfaced after El Salvador adopted Bitcoin as legal tender CAR lawmakers insist that the move is
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Bitcoin (BTC) consolidated below $40,000 on May 5 after United States economic policy excitement saw a spike to one-week highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFed sparks little crypto reactionData from Cryptox Markets Pro and TradingView confirmed an overnight peak of $40,050 on Bitstamp following comments from the Federal Reserve and
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Florida-based ratings and research firm Weiss Ratings has fired out a warning over the risks of crypto mortgages amid the current economic climate in the United States. The company paid particular focus to Milo, a digital banking startup from Miami that offers 30-year mortgages backed by Bitcoin (BTC), Ether (ETH)
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Bitcoin (BTC) reclaimed $39,000 on April 27 after another night of pain saw BTC/USD hit its lowest levels since mid-March.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“All assets suffer” at hands of rampant dollarData from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency trading at $39,200 on Bitstamp at the time
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The Bank of Ghana has warned businesses and the public against the practice of demanding or making payments in foreign currency without its authorization. The central bank’s warning comes just over a month after Ghana’s currency was rated the worst performing among Africa’s top currencies. Violators Face Possible Prison Time The
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Bitcoin (BTC) took a breather from its latest upside on March 26 after predicted resistance kicked in just under the yearly open.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin fakeouts: Third time's the charm?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering around $44,500 Saturday, preserving the lion's share of the
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The Central Bank of Ireland issued a warning to consumers about the risks around crypto investments in addition to “misleading” advertisements, including those pushed by influencers on social media.In a Tuesday notice, Ireland’s central bank said the warning was part of a campaign organized by the European Supervisory Authorities, made
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