Browsing Category
Bitcoin
Canadian crypto ownership declines amid tight regulations, falling prices
The Bank of Canada (BoC) reported a decline in the ownership of Bitcoin (BTC) and cryptocurrencies in the country in 2022, as neither market conditions nor regulations sided in favor of Canadian crypto investors, according to a BoC study…
Read More...
Read More...
Analyzing Bitcoin’s 3 Phases for Future Predictions
The narrative of Bitcoin (BTC) cycles will continue to recur as long as halving has an impact on the BTC price, miner activity and investor psychology. In the author’s view of BTC cycles, a well-known analyst has published an up-to-date…
Read More...
Read More...
Coinbase is Exploring ‘Best’ Way to Integrate Bitcoin Lightning Network, Says CEO
Coinbase CEO Brian Armstrong revealed that the crypto exchange is exploring the “best” way to integrate the Lightning Network after being called out for not adding support for the layer-2 scaling solution, which enables…
Read More...
Read More...
Where’s the recession? These 3 economic indicators can alert investors to a market downturn
Inflation came down a lot faster than most investors and analysts anticipated, reaching 3% in June. The recession that most analysts predicted is nowhere to be seen, according to the 3.6% unemployment rate nearing a 50-year low and the…
Read More...
Read More...
Bottom or New Low Coming?
The price of Bitcoin (BTC) broke down from a horizontal resistance area on July 21, the culmination of a downward movement that had begun eight days before.
The readings from the daily timeframe are bearish, regarding to both the price…
Read More...
Read More...
Grayscale Claims Coinbase Won’t Work As A Bitcoin ETF Surveillance Partner
Grayscale wrote a letter to the U.S. Securities and Exchange Commission (SEC) on Thursday calling for the agency to simultaneously approve any qualifying Bitcoin spot ETF applications, so as to not “pick winners and…
Read More...
Read More...
Elon Musk’s X targets financial services, PacWest emergency rescue and more
Social media platform X — formerly known as Twitter — may soon advance plans to add financial services to its users, hoping to become the American equivalent of the Chinese super-app WeChat.The concept of super-apps isn’t new. Tech giant…
Read More...
Read More...
Bitcoin (BTC) Sees 71,000 Options Contracts Expire on July 28
A large volume of Bitcoin options contracts are set to expire today as the month draws to a close. Will this be enough to move crypto markets which have been in a state of torpor for weeks?
The largest Bitcoin options expiry event for…
Read More...
Read More...
Federal Reserve Raises Rates Again By 0.25%, Bitcoin Trades Flat
The Federal Reserve rose its target interest rate by 25 basis points on Wednesday, in line with market expectations.
This brings the central bank’s rate to over 5.25% – one of its highest levels since the lead-up to the…
Read More...
Read More...
OpenAI creator launches Worldcoin
In the latest episode of The Market Report, analyst and writer Marcel Pechman discusses the Worldcoin token launch, why it is controversial, and the differences between it and most altcoins. According to the analysis, investors should…
Read More...
Read More...