Month: September 2022

US dollar smashes yet another 20-year high as Bitcoin price sags 2.7%

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Bitcoin (BTC) faced familiar pressure on the Sept. 1 Wall Street open as the U.S. dollar hit fresh two-decade highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: DXY could hit 115 before ‘slowdown’ Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it fell to $19,658 on Bitstamp, down 2.7% from the dayโ€™s high. The pair faced stiff resistance trying to flip the important $20,000 mark to solid support, with macro cues further complicating the picture for bulls. That came in the form of a resurgent U.S. dollar…

ETH price outlook for The Merge: Bullish or bearish?

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In this week’s episode of Market Talks, we welcome professional trader Dan McDermitt โ€” a partner and senior analyst at ChartGuys .com. He provides knowledge and feedback toward the development of technical analysis education and is responsible for providing in-depth video reports and teaching those who want to learn how to protect capital and become more profitable.ย  The main topic of discussion with Dan will be the price outlook for the Ethereum Merge and whether as a professional trader, he is ultimately bearish or bullish about the news. We take…

New Global CBDC Platform Could Cut Payment Costs, IMF Says

โ€œThe worry is that the longer this takes, the more national authorities will get locked into differing regulatory frameworks,โ€ Aditya Narain, deputy director of the IMFโ€™s monetary and capital markets department, wrote in a paper. He called for a global response to be coordinated, consistent and comprehensive, to cover โ€œall actors and all aspects of the crypto ecosystem.โ€ Source

Does The Dollar Rally Poses a Danger to Bitcoin? BTC Loses $20,000

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Bitcoin continues to trade in a tight range with low volatility between the high area north of $19,000 and $20,000. The cryptocurrency is moving about critical support, but macroeconomic factors threaten to push it into previous lows. At the time of writing, Bitcoin (BTC) trades at $19,700 with a 1% and 8% loss in the last 24 hours and 7 days, respectively. The cryptocurrencyโ€™s performance has been affecting the entire sector as Ethereum (ETH), Binance Coin (BNB), and another retrace to early August levels. BTCโ€™s price moving sideways on the…

Energy is the Key to Bitcoin Mining & That's a Good Thing | Bitcoin Miners Comment on Recent Events

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io YouTube.com/BITC0IN Support the Channel with โฌ…๏ธโšกLightningโšก or Fiatโžก๏ธ Buy Bitcoin: We Recommend Swan Bitcoin (USA) or Bull Bitcoin (Canada) Store Your Bitcoin Keys with a Hardware Wallet, We Recommend Coldcard: Video Source: – join the Bitcoin community at the r/Bitcoin Discord Chat – for more information – if you are new and want to learn about Bitcoin Lightning Tip Not working? Tip The Bitcoin Devs instead! Please comment, like, subscribe and ring the bell! everything helps. Download your free lightning wallet to…

Crypto.com backs out of $495M sponsorship deal with UEFA Champions League: Report

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Cryptocurrency exchange Crypto.com has reportedly dropped out of a half-billion-dollar sponsorship deal with the Union of European Football Associations Champions League. According to a Wednesday report from SportBusiness, Crypto.com pulled out of a $495-million agreement with the Union of European Football Associations, or UEFA, which was close to being signed due to its legal team citing regulatory concerns with the exchangeโ€™s licenses in the United Kingdom, France and Italy. Had the deal gone through, Crypto.comโ€™s branding would have been present for the UEFA Champions League for five seasons at a…

Top 5 Things In Bitcoin This Week? (Late Breaking XRP News)

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io In this video, we will discuss the price of Bitcoin, Ethereum, and the top altcoins. We’ll take a look at the cryptocurrency markets and the latest crypto news. 12:05 Market Watch 24:20 Expert TA 36:30 Twitter Buzz 49:15 Dormant Bitcoin 54:13 Stablecoin Debt 58:45 Bend-DAO’s 15 ETH 1:08:02 Vasil Update 1:16:30 Raoul Pal: ETH 1:21:23 XRP Japan 1:24:33 Quick Hits/Q&A Best Deals For BitSquad Members: ๐Ÿ“ŠBinance ($600 sign up bonus and 5% off trading fees for the Bitsquad)โžก๏ธ ๐Ÿ“šLearn more about crypto…

Georgia to Update Crypto Regulations to Incorporate EU Rules, Legalize Industry โ€“ Regulation Bitcoin News

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The government of Georgia has approved amendments to the legal framework for the Caucasian nationโ€™s financial sector, including additional regulations for crypto and fintech activities. The move aims to align Georgian law with relevant EU provisions. Parliament of Georgia to Vote on Crypto Legislation in Coming Months A legislative package expanding the regulatory framework for companies dealing with crypto assets has been submitted to the parliament by the government in Tbilisi. Its adoption is planned for the fall session of the legislature, Minister of Economy and Sustainable Development Levan Davitashvili…