The price of bitcoin has risen to $32.3K, but three factors may limit its recovery Bitcoin bulls pushed the price up to $33,300, but significant headwinds in traditional markets could keep the price down. Since May 27, the price of Bitcoin (BTC) has been surprisingly bullish. Weekends, particularly holiday weekends, are notoriously volatile and indecisive, with major price swings commonplace. …

Institutions that reportedly bought 10,939 bitcoins from Coinbase in December 2020 have yet to sell. Bitcoin’s (BTC) price has dropped by more than 50% since peaking at $69,000 six months ago, but the drop hasn’t deterred some of the currency’s wealthiest investors from selling. Notably, the number of Bitcoins held by…

The document, which could lay the groundwork for a national framework for digital assets, is nearly complete. The Indian government’s Department of Economic Affairs is finalising a crypto currency consultation paper, which will then be handed over to the federal government. The document’s implementation could bring the 14-billion-person country closer to…

By establishing a liquidity pool of tokenized bonds and deposits, MAS will investigate DeFi applications in wholesale funding markets. Project Guardian, a blockchain-based digital assets trial that will use tokenization, has been launched by the Monetary Authority of Singapore (MAS). The project will use regulated financial institutions as “trust anchors,” with…

Insurance for cryptocurrencies is predicted to be a large business: Is it going to be decentralised or centralised? As more advanced participants dip their toes into the young ecosystem, demand for crypto insurance solutions has grown in recent years. According to Investopedia, cryptocurrency insurance is seen as a “big opportunity,”…

Insurance for cryptocurrencies is predicted to be a large business: Is it going to be decentralised or centralised? As more advanced participants dip their toes into the young ecosystem, demand for crypto insurance solutions has grown in recent years.According to Investopedia, cryptocurrency insurance is seen as a “big opportunity,” with…

According to the CEO of Ledger Enterprise, staking using a hardware wallet provides better security and independence than staking with software wallets and crypto exchanges. Staking prospects of not only crypto exchanges or software wallets, but also hardware wallets are becoming more popular as cryptocurrency staking becomes more prominent. Staking…

Monero is preparing to issue the testnet version of its hard fork this month, therefore XMR’s bearish scenario is timely. Monero (XMR) has showed surprising endurance in the face of the Federal Reserve’s hawkish policies, which knocked the prices of most of its crypto rivals lower last week, including the…

According to a letter from the Governor of the Bank of Central African States, the Central African Republic’s adoption of crypto puts monetary stability at jeopardy. The Central African Republic (CAR) has received a scathing letter from the governor of the Bank of Central African States (Banque des États de l’Afrique…