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Bitcoin (BTC)

Binance Coin Dumps Below $300 Following News From US Regulators: Market Watch

Bitcoin had tapped $22,000 hours before the latest regulatory scrutiny coming from the US, this time going after Paxos and the BUSD stablecoin the company issues. Somewhat expectedly, the altcoins have reacted even worse, with HBAR, APT, FTM, GRT, and a few others dumping by double digits. Bitcoin Back Below $22K Bitcoin was performing a lot better at the start of the month when it pumped above $24,000 for the first time in over five months after the latest interest rate hike...

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Migrosbank Schweiz: Nachts kein Bargeld mehr

Am 30. Januar 2023 wurde in Neuendorf ein Bankomat gesprengt. (Bildquelle: Polizei Kanton Solothurn) Ab Ende Februar 2023 wird es für Kundinnen und Kunden der Migros Bank nicht mehr möglich sein, rund um die Uhr Geld von einem Automaten abzuheben. Die Migros hat beschlossen, die Zugangszeiten zu ihren Bancomat-Zonen zu reduzieren. Je nach Standort werden die Bankomaten nachts ab 23 Uhr oder Mitternacht bis fünf Uhr morgens geschlossen. Der Grund...

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Stellar Lumen (XLM) Price Takes Hit, Risk of More Downsides

Stellar lumen price is showing bearish signs below the $0.090 resistance zone against the US Dollar. XLM price is now trading below $0.090 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.090 on the 4-hours chart (data feed via Kraken). The pair could start another decline if there is a clear move below the $0.084 support. Stellar lumen price is trading below $0.090 against the US Dollar, similar to bitcoin....

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Ripple Price Analysis: Bears In Action Below $0.40

Ripple price started a fresh decline below the $0.4000 zone against the US dollar. The price is now trading below $0.4000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3820 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.4000 resistance zone. Ripple price is struggling below $0.4000 against the US Dollar, similar to bitcoin. XRP price...

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CME Group Records Increased Demand for Crypto Products Despite Bear Market 

Terrence A. Duffy, chairman and CEO of leading derivatives marketplace Chicago Mercantile Exchange (CME), disclosed that his company has noticed some growth in demand for its crypto products since November. During a recent interview with CNBC’s Closing Bell, Duffy made the revelation when he was asked about the state of institutional demand for its Bitcoin futures product. CME Records Uptick in Crypto Products The CME chief executive believes market conditions in 2022 could...

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Bitcoin Dipped Below $22K But Bulls Might Be Preparing Another Push Higher (BTC Price Analysis)

Bitcoin’s recent rally has improved the overall sentiment among market participants. This change of scene has spurred a positive momentum across the industry as signs of a bull market start popping. Technical Analysis By Shayan The Daily Chart The $25K price region has been the most significant barrier in Bitcoin’s path during the last eight months. Most recently, the price attempted to surpass this level and failed, resulting in a consolidation correction stage. However,...

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Federal Officials Obtain More than $3 Million in BTC from Fraudsters

Federal officials have recovered close to $3 million in stolen crypto funds. The money was taken through a fraud scheme that resulted in more than 150 bitcoin units traveling into criminal hands. Federal Officials Have Gotten Stolen BTC Back The scheme is alleged to have begun three years ago in 2020. Individuals overseeing the scam had set up a call center that they inherently used to target U.S. traders and investors. These individuals would call them up and pretend to...

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Republicans Creating New Committee to Monitor Crypto

Republicans currently serving on the House Financial Services Committee recently stated that they are going to be starting a new subcommittee devoted to crypto following the debacle that was 2022. Republicans Are Looking to Fix Crypto During that time, not only were prices of various assets (bitcoin in particular) reaching new lows, but there were bankruptcies, fraud cases, and other problems spreading like a disease. It appears republicans of Congress are now working to...

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Bitcoin NFTs: What’s the Impact of Ordinals on the BTC Network? (Research)

NFTs have come to Bitcoin – and they’re quickly taking the network by storm. On Wednesday, BitMEX blog provided reviewed the adoption of Ordinals, the NFT-enabling protocol that’s been a subject of heated debate in the Bitcoin community over the past week. Just how much steam is the new feature generating on-chain? Ordinals: The Data Going by BitMEX’s numbers, the number of Ordinals transactions per block skyrocketed in February 2023, surpassing an average of 225 on February...

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