Bitcoin experienced a decline of 3.5% on March 28, dropping to an intraday low of $84,120 after initially starting the week positively. This price rejection occurred near a descending trendline and the upper range of an ascending channel. Currently, Bitcoin is below the 200-day exponential moving average, which may lead to further losses if it ...
The rise of cryptocurrency has become a crucial topic in America, especially with links to Donald Trump’s recent presidential campaign. Initially seen as a complicated digital currency system, understanding crypto is now essential to grasp the evolving political landscape. Trump has embraced this new financial frontier, enabling significant gains for himself and his supporters while ...
U.S. Representatives Tom Emmer and Darren Soto are proposing new legislation called The Securities Clarity Act aimed at clarifying regulations for digital assets. Currently, laws do not separate digital assets from the securities contracts they might be tied to, creating issues for cryptocurrencies that evolve from being classified as securities to potentially being treated as ...
U.S. Representatives Tom Emmer and Darren Soto are introducing a new bill aimed at clarifying regulations for digital assets. Currently, securities laws treat digital assets and their related contracts the same, making it hard for projects to evolve and utilize their tokens fully once decentralized. Their legislation, known as The Securities Clarity Act, will distinguish ...
After a significant drop in Bitcoin’s price from over $100,000 to below $80,000, recent upward movement has sparked discussions among traders about the possibility of a renewed bull Market or just a temporary rally. Key indicators, such as the Net Unrealized Profit and Loss, show improved sentiment, while long-term holders are actively accumulating Bitcoin, signaling ...
Cryptocurrency, often viewed as digital money without traditional backing, has become increasingly important in today’s economy. Understanding cryptocurrency is now essential to grasp the unfolding political and financial landscape, especially regarding the second Trump presidency. Trump has recognized the potential for profit in the crypto industry and has appointed supporters to key positions, raising concerns ...
Cryptocurrency, once a mysterious concept for many, is now essential to understanding current U.S. politics, especially under Trump’s influence. As crypto gains traction, it opens doors for substantial profits, particularly for those in power, creating a new financial landscape where traditional regulations are challenged. Experts warn that the growing integration of cryptocurrency could escalate economic ...
Bitcoin’s recent price drop could offer a good buying chance, according to Tide Capital. With risk of a U.S. recession rising and significant sell-offs across markets, many investors are seeking safe-haven assets. Despite these challenges, Tide Capital sees promising signs: extreme Market pessimism, a slowdown in the Federal Reserve’s tightening policies, and increased demand for ...
In a recent interview, Arthur Hayes, co-founder of BitMEX, shared an optimistic outlook for Bitcoin, predicting a significant price rally driven by increased liquidity from central banks. He believes that the four-year halving cycle is no longer the main focus, as Bitcoin has become a key asset in mainstream finance. Hayes emphasizes the importance of ...
The United Arab Emirates plans to launch its digital currency, the digital dirham, in late 2025. This new blockchain-based currency aims to enhance financial stability and fight financial crimes, according to the Central Bank’s Governor, Khaled Mohamed Balama. The digital dirham will be accepted alongside the physical dirham across all payment systems, promoting innovative digital ...
