The Reserve Bank of Zimbabwe’s first gold-backed cryptocurrency sale has been a success. The Reserve Bank of Zimbabwe has sold 14 billion Zimbabwean dollars’ worth of gold-backed digital tokens — worth around $39 million — despite a warning from the International Monetary Fund. On May 12, the central bank of Zimbabwe announced that it had […]
BTC price targets are reaching past the recent 10-month highs with Bitcoin bulls emboldened by First Republic losses. Bitcoin tagged $30,000 into the April 26 Wall Street open as bulls gained further momentum from United States banking woes. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Hayes: “Uncertainty” driving BTC price, gold Data from Cointelegraph Markets Pro and TradingView followed as […]
The price of Bitcoin has bounced upwards as First Republic Bank deposit slump sparks fresh banking crisis fears in the United States. The price of Bitcoin (BTC) spiked more than 3% in the last 24 hours as fears were sparked of another possible imminent bank failure as First Republic Bank (FRC) shares closed down more […]
The Solana Saga mobile will be available for sale starting May 8, 2023 The Solana mobile stack has two main components: the Seed Vault and the Solana dApp Store Crypto phones also offer enhanced security features such as two-factor and biometric authentication. Solana introduced Saga, the world’s first crypto smartphone, in October 2022. The Saga […]
The insights of Project Meridian would be used by the Bank of England in its real-time gross settlement system. The Bank of England and the Bank for International Settlements (BIS) Innovation Hub London Center have tested a distributed ledger technology-powered settlements system between the institutions. The insights of the project will be used by the […]
BTC price dives 3% in minutes
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BTC price returns to $29,000 with a cascade of long liquidations fueling fresh Bitcoin downside. Bitcoin abruptly reversed gains on April 19 as a cascade of long liquidations sent BTC/USD plummeting lower. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin sees “beautiful” retracement Data from Cointelegraph Markets Pro and TradingView followed the pair as it made lows of $29,015 on […]
Bitcoin lines up a fresh charge at multimonth resistance, but BTC price action already faces calls for a comedown triggered by CPI. Bitcoin eyed key resistance near $25,000 on March 14 as markets awaited key economic data from the United States. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Hopes CPI will bring Bitcoin “consolidation” Data from Cointelegraph […]
The price of BTC briefly slipped under $20,000 on March 10, although at time of writing was hovering just above that level. Bitcoin briefly slipped below $20,000 for the first time in nearly two months, following the latest budget from United States President Joe Biden and the collapse of “crypto-bank” Silvergate. The price of BTC […]
Crypto Adoption Index
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The main driver of the massive growth is P2P Platforms usage in Emerging markets, according to Chainalysis Overall, 2021 has been a great year for the growth of Cryptocurrencies — despite the pullbacks, general FUD & regulatory concerns. According to the latest data from Chainalysis Insights, the massive growth this year has gotten the attention […]
