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Finance Ministers and Central Bank Governors (FMCBGs) from G20 nations, under the Indian Presidency, have announced unanimously adopting the ‘G20 Finance Ministers and Central Bank Governors Communique’ during its meeting in Marrakesh, Morocco. This comes a month after the G20 member nations accepted the crypto regulatory roadmap outlined in a collaborative report titled “IMF-FSB Synthesis Paper: Policies for Crypto-Assets,” jointly presented by the International Monetary...

In a wild twist of fate, the crypto world’s foundation trembled as the FTX empire crumbled last year, leaving its founder, Sam Bankman-Fried, standing trial for a fraud of epic proportions. The US government asserts that this disgraced crypto mogul orchestrated one of the grandest financial deceptions in history, while his defense paints him as a naive young enthusiast who swam too deep in the digital tides. Two weeks deep into the riveting high-stakes drama of the courtroom,...

After the more volatile end of the business week, the weekend continues to be rather dull in terms of BTC’s price performance, with the asset stuck below $27,000. The altcoins also trade quietly, with minor gains charted by DOGE and ADA, while SOL is down by about 1%. BTC Boring Below $27K Bitcoin was riding high last week, as it even challeged $28,000 on a few occasions. However, it failed there, perhaps due to the global uncertainty propelled by the latest conflict between...

Bitcoin’s price tried to take over the $27,000 level in the past 24 hours, but the bears didn’t allow it, and the asset remains inches below that line. Most altcoins are with minor 24-hour gains after the recent price plunges, with XDC becoming today’s top performer. BTC Fails at Reclaiming $27K It was less than a week ago – last Sunday – when the primary cryptocurrency was trading a lot higher and was sitting well above $28,000. However, the Israel-Hamas conflict played its...

Bitcoin’s price movements have calmed quite a bit following the enhanced volatility experienced on Friday. Most altcoins are in a similar state, with minor moves south. Avalanche has declined most today but still stands above $10. BTC Calms at $28K It was just about a week ago, on Sunday evening/Monday morning, when the primary cryptocurrency started a massive leg up that resulted in surging by over $1,500. This culminated in a 6-week peak at $28,600 (on Bitstamp) on Monday...

Although the most violent months of inflation increases in the developed world seem to be behind us, there are still countries where the rising costs of essential goods are threatening the local economies and people. Moreover, many economists are predicting higher inflation rates in the upcoming months coming back to the US and other nations, especially with winter approaching us. With the declining purchasing power of (almost) all fiat currencies, one may wonder what they...

Ever since the word investing existed, gold has been among the most popular (if not the most popular) investment tools for wealth preservation. This is because of its unique characteristics like limited supply (scarcity) and lack of central authority behind its creation (kind of). However, its performance on weekly, yearly, and even 10-yearly scales is not all that impressive. At the same time, BTC is a much newer concept that takes gold’s unique qualities a step further....

To say that the past seven days were eventful would be an understatement. The cryptocurrency market saw a lot of important developments, and its total capitalization now hovers around $1.14 billion. That said, Bitcoin’s price went through a rollercoaster. This time last week, the primary cryptocurrency was trading at around $27,000 (or slightly below it, if we have to be precise). It conquered $27K during the weekend, but it was on Monday when the action started picking up....

Bitcoin’s price movements continue to be rather unimpressive but the asset has nevertheless managed to stand just above $27,000. The altcoins have also seen minor gains, with SOL and MKR popping up as today’s top performers. BTC Above $27K Last weekend didn’t go all that positive for bitcoin, as the asset spent it trading sideways at $26,600. The start of the new week was more painful. In a matter of hours, BTC slumped by several hundred dollars and dipped below $26,000....

After tapping a 10-day high yesterday, bitcoin has lost some momentum but still trades around $27,000. Most altcoins are also with minor losses today, aside from LINK, which has pumped once again and now sits above $8. BTC Uncertain $27K Last weekend was highly uneventful for the primary cryptocurrency, which had recovered some of the Thursday losses and stood mostly at $26,600. Monday was different, though, as the asset fell hard and dipped below $26,000. Nevertheless, the...