“It was better than I thought it was going to be,” said Kristin Smith, executive director of the Blockchain Association, a Washington, D.C.-based crypto industry group. “Given all of the FUD that has been out there about a regulatory crackdown, I think this is obviously in stark contrast. This is much more positive and thoughtful.” Source
U.S. President Joe Biden has signed a “historic” executive order on crypto assets, establishing “a national policy for digital assets across six key priorities,” the White House stated. The executive order outlines “the first-ever, whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology.” President Joe Biden’s Executive Order on Crypto Signed U.S. President Joe Biden signed a long-awaited executive order on crypto Wednesday, according to an announcement by the White House. Biden was expected to sign the executive order at the…
Looking to trade Shiba Inu but don’t know where to start? Heard of it and want to find out more? In the world of crypto, it can be a minefield of technical jargon, with confusing abbreviations being given to the various digital currencies out there. In this article, we will take an in-depth look at the cryptocurrency, including all the key things to know about the token, which takes its name from a Japanese breed of dog originating in the Chūbu region. The History of Shiba Inu Shiba Inu (SHIB)…
Fantom (FTM) price decreased 22% by reaching $1.32 per coin after key personnel associated with its project announced that they were leaving. Fantom is in deep trouble following the departure of two high-profile employees, Anton Nell, a senior solutions architect, and Andre Cronje, a prolific developer, without providing any clues about why they left. Related Reading | Crypto Markets Slightly Recover After Weekend Decline The Fantom cryptocurrency has seen a sharp decline in value over the past week, dropping 22% to hit lows near $1.32 on Monday, according to Coinmarketcap…
Bitcoin (BTC) looks poised to test the $43,000 level in March, according to a technical setup shared by Rekt Capital, a pseudonymous market analyst. BTC rebounds from solid 2022 support Bitcoin’s drop toward $37,000 on March 7 was met with modest buying sentiment, leading to a price rebound above $39,000 on March 8. Interestingly, the upside retracement move originated around the same upward sloping trendline serving as an accumulation zone for traders in 2022. Update after 2 months: Too many retail investors on derivative exchanges could be a bearish signal.…
Will the Metaverse(s) change humanity as we know it? Will the Metaverse(s) be the ultimate augmentation of human perception? Will it become an agora for our dreams (and, of course, nightmares), able to transform human perception entirely? Has it already started? To start with the latter question: Yes, the groundwork has already been laid. Sensors from our smartphones, social media, digital devices, and the digital data-driven companies that top the Fortune 500 comprise the new cathedrals, religions and tribal spaces for humanity. These technologies and the onset of the so-called…
Bitcoin started a downside correction and traded below $42,000 against the US Dollar. BTC must stay above $40,000 to avoid a trend reversal. Bitcoin started a fresh decline below the $43,000 and $42,000 levels. The price is trading below $43,000 and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near $42,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might correct further, but the $40,000 support is the key. Bitcoin Price Breaks Support Bitcoin…
Following Tuesday’s price surge, bitcoin was trading lower during today’s session, as markets hit a key resistance point. This comes as ETH was once again trading below the $3,000 level. As of writing, the crypto market cap is down 1.87%. Bitcoin BTC bulls ran into a stumbling block on Wednesday, as traders appeared to once again short the world’s largest cryptocurrency. Following a high of $44,793.60 yesterday, BTC/USD hit an intraday low of $43,307.96 earlier in today’s session. BTC is down 2.42% on the day, as of writing, and is…
Cyber Security Industry Advisory Committee, the Australian cybersecurity advisor, highlights various crypto-related opportunities for the government to undertake as it prepares for the global mainstreaming of cryptocurrencies. The study released by Australia’s Department of Home Affairs, titled ‘Exploring Cryptocurrencies’, cites the rise in crypto adoption as the country undergoes a rapid transformation to an advanced digital economy: “There is a need for regulatory settings that provide greater clarity and confidence about how the cryptocurrency market can operate in Australia.” The Federal advisory recommends exploration of four key areas that can…
Whenever Bitcoin (BTC) fails to break through important resistance levels, traders gain confidence and add to their altcoin positions. The logic is that, unless BTC drops significantly, these movements historically provide decent rewards for those shifting their portfolios toward higher risk. Bitcoin/USD at FTX. Source: TradingView In the past seven days, the aggregate market capitalization performance of the cryptocurrency market showed a modest 3% increase to $1.78 trillion. This number is roughly in line with the performance seen from Bitcoin, Ether (ETH) and BNB. However, comparing the winners and losers…