Bitcoin (BTC)

Litecoin settled below the $90 resistance zone against the US Dollar. LTC price is now trading below $90 and the 55 simple moving average (4 hours). There is a major contracting triangle forming with resistance near $89.20 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $92 resistance zone. Litecoin price is struggling below $90 against the US Dollar, similar to Bitcoin. LTC price could continue...

Amidst regulatory headwinds back home, the Winklevoss twins have doubled down their efforts to expand Gemini’s offerings to non-US residents. The new service aims to target both retail and institutional traders but will exclude users from UK and EU. Gemini Foundation – the highly anticipated non-US derivatives platform – went live on May 1st for customers in all 29 available jurisdictions, including Singapore, Hong Kong, India, Argentina, Bahamas, Bermuda, British Virgin...

Alors que la première version de la loi sur l’influence commerciale sur les réseaux sociaux adoptée par l’Assemblée Nationale prévoyait que seuls les PSAN [1] agréés [2] pourraient avoir recours aux influenceurs, la Commission des Affaires économiques du Sénat vient d’adopter un amendement élargissant l’exception à l’ensemble des plateformes enregistrées auprès de l’AMF [3]. « Est interdite pour...

Druk Holding & Investments – the investment arm of the Royal Government of Bhutan – partnered with the Nasdaq-listed company – Bitdeer Technologies Group – to introduce a $500 million fund that should support bitcoin mining activities in the Himalayan country. Recent sources suggested that the nation might have been secretly producing BTC since 2017, using its vast amount of hydropower.  Bhutan’s Mission to Become a BTC Mining Hub The government of the landlocked country...

The Federal Reserve announced another small increase to its benchmark rate on Wednesday, bringing it between 5% and 5.25%.  Bitcoin’s price remained relatively flat on the announcement, fluctuating between $28,000 and $28,500.  The increase was largely in line with expectations, with the market only pricing in an 11.8% chance that the Federal Open Markets Committee (FOMC) would keep its rate flat, per the CME FedWatch tool.  The central bank has been increasing its interest...

Now that 2023 has arrived, bitcoin has found fresh ground following the ongoing banking crisis that has led to the closure of institutions like Silvergate, Silicon Valley Bank, and Signature. Bitcoin Could Do Even Better Many analysts and crypto industry heads believe this banking crisis is going to continue now that Deutsche Bank is at the helm of controversy, and with heavy regulatory issues in play, bitcoin – they believe – could be poised for a solid breakout in the...

With several market analysts giving their takes on the key driver behind this renewed surge, MicroStrategy’s former CEO, Michael Saylor, recently expressed his view on the matter. Inflation and Counterparty Risks Drive Bitcoin Adoption In a recent CNBC interview, Saylor noted that two dynamics are pushing the broad adoption of Bitcoin. He revealed that the first one is the concern about inflation. Saylor believes these issues result in the loss of confidence in fiat...

Bitcoin’s price has been consolidating between the 50-day moving average at $28,310 and the $30K resistance region. However, it seems likely to break out of this decisive range, determining its upcoming rally’s direction. By Shayan The Daily Chart After finding support at the 50-day moving average of roughly $27K, the price started a steady uptrend, aiming to surpass the $30K region for the second time. However, Bitcoin failed to surpass this crucial resistance zone,...

Am 4. Mai ist Welt-Passwort-Tag – für jeden Zugang ein eigenes, starkes Passwort! Gestohlene Benutzerdaten stehen häufig am Anfang eines Cyberangriffs. Mit starken Passwörtern kann viel Schaden verhindert werden. Das Nationale Zentrum für Cybersicherheit (NCSC), die Schweizerische Kriminalprävention (SKP) und die kantonalen und städtischen Polizeikorps führen im Mai mit Unterstützung der Plattform für Internetsicherheit iBarry und «eBanking – aber...

A new platform known as DWP Bank in Europe has been unveiled. Its purpose? To give roughly 1,200 banks in Germany access to bitcoin and digital currencies. Germany and Crypto Will Soon Go Hand in Hand The banking crisis that’s affecting America at the time of writing is not just happening in the U.S. it’s spread 3,000 miles across the Atlantic and is also causing problems for Europe. Look, for example, at Credit Suisse. The enterprise was in serious trouble until UBS...