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Weekly News

Read more about the article Bulls and bears fight over $34K Bitcoin price as $445M options expiry looms

Bulls and bears fight over $34K Bitcoin price as $445M options expiry looms

  • Post author:admin
  • Post published:July 2, 2021
  • Post category:Weekly overview

Bitcoin bears could take a $31-million lead if BTC falls below $33,000 by Friday’s options expiry, but at the moment, both sides are balanced. Bitcoin (BTC) has been ranging from…

Continue ReadingBulls and bears fight over $34K Bitcoin price as $445M options expiry looms
Read more about the article Facing $70M in fines from regulators, Robinhood files for IPO

Facing $70M in fines from regulators, Robinhood files for IPO

  • Post author:admin
  • Post published:July 2, 2021
  • Post category:Weekly overview

The U.S. Financial Industry Regulatory Authority delivered its biggest financial penalty against the trading app on Wednesday, and Robinhood still reportedly faces scrutiny from the SEC regarding its business practices.…

Continue ReadingFacing $70M in fines from regulators, Robinhood files for IPO
Read more about the article $30B ADA now staked as Alonzo smart contract excitement builds

$30B ADA now staked as Alonzo smart contract excitement builds

  • Post author:admin
  • Post published:July 2, 2021
  • Post category:Weekly overview

Cardano launched its first Alonzo smart contract testnet on May 27. On June 11, IOHK confirmed that Alonzo is now able to deploy smart contracts. More than $30 billion worth…

Continue Reading$30B ADA now staked as Alonzo smart contract excitement builds
Read more about the article Study names United States ‘most crypto-ready’ country

Study names United States ‘most crypto-ready’ country

  • Post author:admin
  • Post published:July 2, 2021
  • Post category:Weekly overview

Cryptocurrencies like Bitcoin and Ether are considered to be commodities by the United States Commodity Futures Trading Commission and the Securities and Exchange Commission. Despite not having a clear regulatory…

Continue ReadingStudy names United States ‘most crypto-ready’ country
Read more about the article ‘Negative’ Bitcoin daily chart means bulls must defend $29K — Peter Brandt

‘Negative’ Bitcoin daily chart means bulls must defend $29K — Peter Brandt

  • Post author:admin
  • Post published:July 2, 2021
  • Post category:Weekly overview

There's not much to be cheerful about when it comes to short-term BTC price action, the famous trader cautions. Bitcoin (BTC) needs to stay above $29,000 to preserve the bullish…

Continue Reading‘Negative’ Bitcoin daily chart means bulls must defend $29K — Peter Brandt
Read more about the article UK chancellor names CBDC on list of financial reforms for Treasury

UK chancellor names CBDC on list of financial reforms for Treasury

  • Post author:admin
  • Post published:July 2, 2021
  • Post category:Weekly overview

“While I believe in the power of new technology, we also need to manage its impact on our economy and society,” said Rishi Sunak. Rishi Sunak, chancellor of the Exchequer…

Continue ReadingUK chancellor names CBDC on list of financial reforms for Treasury
Read more about the article Stablecoin insurance firm Bridge Mutual to protect against possible Tether depegging

Stablecoin insurance firm Bridge Mutual to protect against possible Tether depegging

  • Post author:admin
  • Post published:July 2, 2021
  • Post category:Weekly overview

Years of regulatory uncertainty around Tether could be offset by newfound investor confidence if an emerging insurance protocol for USDT gains traction. While the value of stablecoins like Tether (USDT)…

Continue ReadingStablecoin insurance firm Bridge Mutual to protect against possible Tether depegging
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