Bitcoin (BTC)

The International Monetary Fund (IMF) is advising all countries to avoid making bitcoin or any other form of crypto their national currencies. The IMF Advises Making BTC Anything Other Than a Speculative Asset In a blog post, the IMF advises against making any sort of digital asset the currency of a national people. While the post does not mention any specific region, many countries – such as China – have turned towards making digital versions of their national...

It seems the number of crypto users has doubled since January 21 this year, according to research on global crypto adoption by Crypto.com.  The report gathered information from 24 leading crypto exchanges using on-chain data based on various parameters —identifying over 220 million users by the end of June. February and May were the months when the inflow of new users reached their peak: 203 million.  Altcoin Market Surged Largely Thanks to SHIB and DOGE The altcoin market...

Just yesterday, Live Bitcoin News published a piece discussing how few Americans are investing in cryptocurrency. While many residents of the region have no doubt heard of bitcoin and its digital counterparts, it appears many of them have not actually taken the leap into buying them. However, in Singapore, it seems that these results are the exact opposite, as the country has full-on embraced BTC and its virtual brothers and sisters. Singapore Really Loves Its Crypto...

The International Monetary Fund opined that risks and costs outweigh the potential benefits of digital assets. They can also be highly volatile, and thus their implementation as national currencies is not suitable for now. Cryptocurrencies Are Not Related to The Real Economy The International Monetary Fund (IMF) warned in a recent publishment that digital assets are not quite ready to be employed as national currencies. Despite highlighting their potential to provide faster...

ll y a trois ans les déclarations sur Snapchat de Nabilla concernant bitcoin avaient enflammé les médias, faisant réagir jusqu’à l’Autorité des Marchés financiers (AMF). Le 28 juillet 2021, l’épilogue de cette affaire a été annoncé dans un communiqué de la Direction générale de la concurrence, de la consommation et de la répression des fraudes (DGCCRF). L’influenceuse, suivie par des millions de personnes, doit payer amende...

Bitcoin is up by an impressive 22% this week as it currently battles with the $40K resistance area. As mentioned before, for the past two months, bitcoin’s price was trading between $30K and 42K. This week saw its highest point since June 15 ($41.3K according to BItstamp). The past week has been promising for BTC, after breaking a descending wedge pattern and finally getting to overcome both the 20 and the 50 days moving average lines. This break of the 50-day MA was the...

Lolli said that this funding will go towards expanding in the global market, hiring, new partnerships, and further development of the recently launched mobile app.Crypto firm Lolli, which rewards users in free Bitcoins against shopping, has raised $10 million in a Series A funding round led by Acrew Capital. Other players joining this funding round were Up North Management, Banana Capital, and Animal Capital.Besides, it has investments from influencers and entrepreneurs like Logan Paul,...

The fiscal and economic policies being rolled out by the Feds in various nations, particularly the United States can also help in the Bitcoin price retracement moves.The price of Bitcoin (BTC) is seeing a gradual retracement as market bulls’ effort leading to the breach of the $40,000 resistant zone was met with rejection. At the time of writing, Bitcoin is changing hands at $39,915.36, down 0.21% in the past 24 hours according to CoinMarketCap.The snapshot performance of Bitcoin is in...

Wieder war es Senatorin Elizabeth Warren, die sich mit der Forderung nach Regulierungen des Cryptomarktes meldete. Dieses Mal forderte sie in einem Brief den Finanzminister der Vereinigten Staaten Janet Yellen direkt dazu auf, die geforderten Regulierungen umzusetzen. Bitcoin News: US-Senatorin will Bitcoin Regulierungen vorantreibenNatürlich versuchte es Senatorin Warren wieder einmal mit den üblichen Argumenten. Cyberkriminalität, Geldwäsche und Umweltschäden seien das Resultat eines...

The past 24 hours saw bitcoin’s price being relatively stable around the crucial $40K mark. The majority of the market is also fairly neutral, with a lot of the altcoins charting rather insignificant losses. Bitcoin Stable Around $40K Bitcoin is circling the $40K mark over the past 24 hours, seemingly unable to make a move in either direction. However, a consolidation around this area, which is also serious support, could potentially be positive. At the tie of this writing,...