A surge in Bitcoin prices today may be in response to increased speculation that an exchange-traded product could finally be approved in the coming weeks. BTC prices are up 7% over the past 24 hours and have surged a whopping 32% over the past week according to CoinGecko. This bullish […]
Bitcoin extended its rally above the $55,000 resistance against the US Dollar. BTC could correct lower, but the bulls might aim more gains towards $60K. Bitcoin climbed higher above the $52,000 and $54,000 resistance levels. The price is now trading above $53,000 and the 100 hourly simple moving average. There […]
MakerDAO founder Rune Christensen has published an essay outlining measures that could be taken to make the protocol a vehicle for addressing climate change. In a lengthy Oct. 5 post published to the MakerDAO governance forum, Christensen asserts that MakerDAO should strive to ensure that all of its collateral comprises “sustainable […]
The Philippines Stock Exchange (PSE) isn’t offering any investment products related to blockchain technology or digital currencies, the bourse’s president has stated in a public warning. Any links to the exchange by purported PSE salesmen who have been luring investors in recent weeks are fake and fraudulent, the exchange warned. […]
Bank of America released their latest crypto report this week, as Bitcoin returns north of $50K. BofA strategists Alkesh Shah and Andrew Moss described the crypto market as “too large to ignore” and that “there could be more opportunity than skeptics expect.” Let’s take a bird’s eye view on key […]
New Zealand-based crypto exchange Easy Crypto has raised $11.75 million (NZD $17 million) in Series A funding, as the firm eyes a potential initial public offering (IPO) in the future. The round was led by venture capital fund Nuance Connected Capital. According to an Oct.6 announcement from Easy Crypto, the […]
Spanish bank Banco Santander SA announced that Getnet Brazil, its merchant payment business, will begin trading on the B3 stock exchange in Sao Paulo starting October 18. Afterward, the company is set to trade on the Nasdaq stock exchange in New York on October 22, Santander noted. According to the […]
Bitcoin price has erupted to more than $55,000, clearing any downtrend resistance and potentially signaling that the bull run is back on. The move might have taken bears by surprise, however, the blueprint for what happened was created around 90 years ago. Here is a history lesson on Richard Wyckoff, […]
FTI Consulting, the liquidators of Forex Capital Trading (ForexCT), has informed its 8,600 clients that they can claim against the company for losses due to its actions. According to Financial Review, Forex Capital Trading was found guilty of unconscionable systemic conduct that resulted in a $400,000 fine and a 10-year […]
Volodymyr Zelensky, president of Ukraine, has delayed the signing of the bill that would establish the nation’s regulatory framework around digital assets. The draft law, entitled “On virtual assets,” secured parliamentary approval on Sept. 8. However, according to an Oct. 5 statement issued by the presidential office, Zelensky remitted the […]
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