Bullish traders bought Bitcoin’s recent dip, possibly setting BTC on the way to a new all-time high. Read More at https://cointelegraph.com/news/bitcoin-s-v-shaped-recovery-could-put-btc-on-path-to-new-all-time-high-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: August 2024
Ripple begins testing RLUSD stablecoin on mainnet
Ripple believes the total stablecoin market will have swollen to $2 trillion by 2028 as demand for the low-volatility fiat-pegged tokens grows. Read More at https://cointelegraph.com/news/ripple-begins-testing-rlusd-stablecoin-mainnet?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin bear trap over? BTC price fractal hints at parabolic move next
Bitcoin still faces significant resistance at $62,000, and if it breaks, it could liquidate over $845 million of leveraged shorts. Read More at https://cointelegraph.com/news/bitcoin-bear-trap-over-fractal-btc-price-parabolic-move?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MiCA regulation poses ‘systemic risk’ to banking system, says Tether CEO
According to Tether CEO Paolo Ardoino, recently approved MiCA regulations threaten both banks and stablecoin issuers. Read More at https://cointelegraph.com/news/mica-regulation-systemic-risk-banking-system-tether-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Regulators postpone listing decision for Hashdex Nasdaq Crypto Index ETF
If approved, the ETF would be the first US fund to hold a diversified portfolio of spot cryptocurrencies. Read More at https://cointelegraph.com/news/regulators-postpone-listing-decision-hashdex-nasdaq-crypto-index-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Price analysis 8/9: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Buyers are struggling to build upon Bitcoin’s sharp recovery on Aug. 8, indicating that the bears remain active at higher levels. Read More at https://cointelegraph.com/news/price-analysis-8-9-btc-eth-bnb-sol-xrp-doge-ton-ada-avax-shib?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin whale games get traders nervous as 12K BTC appears for sale
Bitcoin order book action is currently marked by significant sell-side liquidity, but this could just disappear at any time, analysis says. Read More at https://cointelegraph.com/news/bitcoin-whale-games-traders-12k-btc-appears-for-sale?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
10 signs you’ve been in the crypto industry too long
Discover the telltale signs of a true crypto veteran through market crashes, memecoins, and the highs and lows of digital gold. Read More at https://cointelegraph.com/news/10-signs-crypto-industry-investments-portfolio?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Vitalik Buterin backs proposed ERC-7683 for cross-chain trade standards
ERC-7683 aims to standardize cross-chain trade execution, enhancing interoperability between decentralized networks. Read More at https://cointelegraph.com/news/vitalik-buterin-backs-erc7683-cross-chain-trade-standard?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hong Kong virtual banks eye Web3 growth despite regulatory hurdles
Despite capturing just 0.3% of retail bank assets, Hong Kong’s virtual banks are exploring opportunities in the Web3 space. Read More at https://cointelegraph.com/news/hong-kong-virtual-banks-web3-expansion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound