DOT Rebounds Following Recent Losses, as RUNE Moves Toward Multi-Week Low – Market Updates Bitcoin News

Following two consecutive sessions of declines, DOT saw its price rebound on Friday, as it moved away from a multi-week low. While DOT rose away from these lows, RUNE dropped, with the token falling towards them. Prices of RUNE are down by over 10% as of writing. Polkadot (DOT) DOT was a notable mover during Friday’s session, as prices rebounded following two consecutive days of losses. After two days of declines, DOT/USD dropped to a bottom of $8.61 on Thursday, however, it followed that up with a nearly 10% rally…

JPMorgan sees upside for bitcoin after recent washout

Bitcoin investors have been swept up in the market carnage this year, but those still holding on should expect at least 30% upside to the cryptocurrency from here, according to JPMorgan strategist Nikolaos Panigirtzoglou. He reiterated in a note this week that bitcoin’s fair value is at the $38,000 level, which implies upside of about 32% for the cryptocurrency from where it’s trading. On Friday at 12:30 p.m. ET, it traded at around $28,687. The strategist said the same thing in February , when bitcoin and risk assets more broadly…

The FCA is Listening to the Crypto Community

FCA Chief Executive Nikhil Rathi; the head of banking at HM Treasury, David Raw; and Jessica Rusu, the FCA’s chief data, information and intelligence officer, were all at the event, said Ian Taylor, a member of Crypto UK, a local trade organization. These attendees showed that the FCA was taking the event seriously, Taylor said. Source

Oprichter LUNA laat van zich horen | Coinbase aandeel zakt | BTC nieuws vandaag | #642

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io LUNA domineert het crypto nieuws de afgelopen dagen. De coin lijkt ten dode opgeschreven. Vandaag is eindelijk de dag dat oprichter Do Kwon van zich laat horen. Dit en meer zie je vandaag in de video van Axel! Abonneer voor het laatste bitcoin nieuws en de koers: 00:00 Intro 01:08 UST nu definitief gevallen? 05:26 Bearmaket nu echt bereikt? 07:37 Aandeel Coinbase zakt flink door markt en kwartaalcijfers 10:18 Mediabedrijf New York zet bitcoin op de balans 12:44 EU komt met pilot…

Amid sanctions, Russia weighs crypto for international payments: Report

The Russian Federation is reportedly considering accepting cryptocurrencies for international payments in response to Western sanctions against the country that were prompted by its full-scale invasion of Ukraine earlier this year.  The Moscow-based Interfax news agency and Reuters reported Friday that Ivan Chebeskov, who heads the financial policy division within Russia’s finance ministry, is actively considering the possibility of incorporating crypto payments. “The idea of using digital currencies in transactions for international settlements is being actively discussed,” he said. According to local newspaper Vedomosti, the finance ministry is considering adding…