After a correction in the past few days, the price of Bitcoin is consolidating and could move up soon. The crypto market in general has gone wild, hitting a $1.1 trillion market cap before dropping to $950 billion. Bitcoin’s high volatility has made a comeback and presents more opportunities for […]
Heath Tarbert is no longer the chairman of the Commodity Futures Trading Commission, but he will remain one of its five commissioner In a CFTC announcement on Thursday afternoon, Tarbert followed through with his resignation, which he announced at the beginning of December. However, it was not clear at the […]
The Securities and Exchange Commission announced today that President Joseph R. Biden, Jr. has designated Allison Herren Lee as Acting Chair of the agency. “It’s an honor to continue my service on the Commission in this new role,” Acting Chair Lee said. “I have tremendous respect for my colleagues on […]
ETH/USD The Ethereum Project token ETH hit the solid horizontal resistance at $1,230 on Sunday, January 17, and ended the week with a 2.3 percent decrease in price. The daily chart was looking more and more bullish especially after the ether successfully consolidated near $1,050 on January 12. Now it […]
Today, we're on the precipice of what could be the largest transformational period in global history. With the first Industrial Revolution, new technologies like assembly lines, factories and transportation fundamentally changed society. This time, instead of cogwheels doing the work, blockchain-based digitalization will continue to drive transactions. Specifically, this latest […]
Older generations have started recognizing the potential of cryptocurrencies and blockchain in global payment systems, a new survey says. On Jan. 21, digital payment platform Wirex released a special report devoted to the topic of cryptocurrency adoption in 2021. Compiled in partnership with the Stellar Development Foundation, the report includes […]
Ripple has resumed a downward move after failing to break the resistance at $0.30. The coin has already fallen to a low of $0.278 at the time of writing. The crypto is likely to fall to the low of $0.26 before resuming upward. Ripple upward move has been hampered by […]
A Russian court has overturned the previously imposed ban on the domain of Binance in the country, allowing the legal operations of the cryptocurrency exchange. Binance’s name was added to the list of blocked sites by the country’s internet censorship agency Roskomnadzor in September. Then, the decision was made to […]
Residents of the Longhua District in the Chinese city of Shenzhen will have a chance to participate in a forthcoming lottery event that aims to encourage the adoption of the country’s new central bank digital currency — known alternatively as the DC/EP, digital renminbi, or digital yuan. Announced on Jan. […]
Bitcoin slumped for a second day Thursday, taking the digital currency's losses to more than 10% over 48 hours and wiping off billions of dollars from the crypto market. The price of bitcoin slipped over 6% Thursday to as low as $32,527, falling below the $33,000 level for the first […]
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