Bitcoin surges back above $74,000 today, reclaiming a key level amid renewed bullish momentum in the crypto market. This rebound comes as traditional safe-haven assets like gold face pressure amid the oil crisis-fueled strengthening of the US dollar, with experts predicting further upside following a 13% $BTC rally.
Bitcoin price is trading above $73,700 at press time after rising almost 11% over the past seven days, driven by a breakout from a classic cup-and-handle pattern. The move has pushed the crypto market’s largest asset toward a key resistance zone. While technical momentum and strong buying pressure support the rally, several indicators suggest the
Australia’s financial regulator has urged young investors not to rely on social media influencers and artificial intelligence chatbots to make financial decisions, according to a study that also found that one in four “Gen Zs” invest in crypto. The Australian Securities and Investments Commission (ASIC) posted the results of a survey on Sunday, finding that
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Paraguay strengthens its crypto reporting requirements, Argentina blocks operations for a peso stablecoin, and new revelations surge in the case against Libra in Argentina. Paraguay Strengthens Mandatory Reporting Requirements for VASPs and Individuals
While cryptocurrency markets have experienced significant volatility in recent weeks, Mark Yusko, CEO and Chief Investment Officer of Morgan Creek Capital Management, made statements that will reassure cryptocurrency followers. According to Yusko, the most intense selling pressure Bitcoin (BTC) has experienced has likely ended. Yusko attributes the recent price drops largely to “forced selling.” The
Blockchain has clearly divided the history of the stock market into “before” and “after.” For over three years, the securities market has been actively setting its sights on tokenization. An increasing number of global financial hubs are now exploring and testing this technology. This is because blockchain does not merely translate traditional securities into a
Bitcoin’s BTC$73,787.23 price has risen past its key average for the first time in two months, signaling strengthening bullish momentum. The cryptocurrency’s price has gained over 3% to $73,700 in 24 hours, topping the 50-day moving average, which stood at $71,125 at the time of writing. The positive price action follows days of resilient performance
Bitcoin ($BTC) surged 2% to a session high of $74,309 at the Monday Asia open after reports emerged that President Trump is assembling a multinational coalition to reopen the Strait of Hormuz and weighing a ground seizure of Iran’s Kharg Island. Axios reported that the Kharg Island operation remains contingent on whether tankers stay bottled
Nearly three-quarters of all undersea fibre optic internet cables (which carry about 99% of international internet traffic) would need to fail to have a significant impact on Bitcoin, according to a study released earlier this year. In research first published in February and last revised on March 12, researchers Wenbin Wu and Alexander Neumueller from