Altcoins

Since BCH became one of the four cryptocurrencies traded on EDX, its price has continued to rise. In the last 24 hours, the crypto has spiked more than 30%, reaching $325 for the first time since April 2022. Bitcoin Cash (BCH) is experiencing a major increase in price and trading volume due to different reasons. One of the significant factors that have been said to affect its price is that Fidelity, Charles Schwab, and Citadel-backed EDX Markets introduced BCH as part of the assets...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash started a strong increase above the $225 and $250 levels against the US Dollar. The price is now trading above the $280 zone and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $270.00 on the 4-hour chart of the BCH/USD pair (data feed from...

The state House of Representatives voted on the bill, with 73 out of 120 members voting in its favor, 40 members against it, and the remaining seven were absent. The lower house of the North Carolina General Assembly has passed a bill that would task the Department of State Treasurer to assess the feasibility of the state holding Bitcoin (BTC). The study will also measure the benefits that the state could derive from such investments. The bill proposes allocating $50,000 to study the...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up EOS price started a fresh decline from the $0.77 level against the US Dollar. The price is now trading below $0.720 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.718 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Litecoin started a downside correction from the $94 zone against the US Dollar. LTC price is now trading below $88 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $82.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could...

The possibility of FTX reopening its crypto exchange services under the new management has been tagged feasible by some industry observers. The FTX derivatives exchange, the bankrupt cryptocurrency trading platform, has recently unveiled its plans to revive its international crypto exchange, according to reports by Wall Street Journal. This decision comes in the face of a tarnished reputation, as its bankruptcy caused a series of setbacks and challenges that have affected its standing...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The topic of a central bank digital currency (CBDC) continues to permeate the digital currency arena. The question is, “Does a CBDC warrant anything special, and should we really be paying attention to such a concept?” A CBDC May Not Be the Best Thing for America A CBDC is a digital asset issued not by any...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Solana price started a decent increase above the $16.00 resistance against the US Dollar. The price is now trading below $16.50 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $16.20 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The...

The Bank of England (BoE) has made extensive research on the best format for developing a digital pound to supplement the fiat system. The Bank of England (BoE) is working on re-establishing the pound as the preferred global reserve currency through a Central Bank Digital Currency (CBDC). The rise of the digital economy post-Covid-19 global pandemic through the cryptocurrency market has most governments thinking about moving to decentralized ledger technologies (DLTs). Moreover, the use of...

The decision to prioritize wholesale CBDCs, which involve tokenized securities, showcases the SNB’s commitment to thoroughly assess and manage any associated risks before considering the introduction of retail CBDCs. The Swiss National Bank (SNB) is set to create a digital currency known as a wholesale central bank digital currency (wCBDC). According to a Reuters report, the announcement was made by the head of SNB, Thomas Jordan, during a Point Zero conference in Zurich yesterday, 26...