Bitcoin is barreling toward global financial dominance as blockchain becomes vital to national defense, with Tim Draper warning governments to act fast or fall behind. Tim Draper: Bitcoin and Blockchain Will Define Future of Money and National Stability The convergence of cryptocurrency, national security, and law enforcement has emerged as a pressing topic as governments
Bullish bitcoin BTC$113,057.25 bets on Bitfinex, one of the longest-running crypto exchanges, have notably increased in recent weeks, presenting bearish dues for BTC’s price which has fallen below critical moving average support. Data from TradingView shows that BTC/USD long positions on Bitfinex have surged by 20% over the past three months, reaching 52,774 margin trading
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. DXY vs BTC Last week, the Federal Reserve (Fed) delivered its first interest rate rate cut since December, while signaling more easing in the coming months. Yet, despite this dovish move, the dollar index (DXY), which tracks the greenback’s value against
Binance co-founder Changpeng “CZ” Zhao’s edutech venture, Giggle Academy, managed to amass over a million dollars in public donations within half a day, thanks mainly to a memecoin. Giggle Academy’s donation address showed a balance of over 1,311 BNB (BNB) worth over $1.3 million at the time of writing, according to the BNB Smart Chain
Bitcoin price failed to extend gains above $117,750. BTC is now moving lower and might even test the $113,200 support zone. Bitcoin started a fresh decline below the $115,500 zone. The price is trading below $115,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $115,200
Good Morning, Asia. Here’s what’s making news in the markets: On the streets of Bolivia, an advertisement for a bright green BYD Dolphin Mini is plastered across a billboard. Toyota, BYD, Yamaha accepting USDT in Bolivia “Tu vehiculo en dolares digital” USDT is the digital dollar for hundreds of millions in the emerging markets.Ubiquity. pic.twitter.com/0X0SH3USXX
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Monday’s edition is last week’s wrap-up of bitcoin moves and this week’s forecast, brought to you by Paul Kim. Grab a green tea and watch this space. The highly anticipated interest rate cut finally became a
Bitcoin’s political future may be on the cusp of a major shift, according to a series of high-profile crypto figures fueling anticipation ahead of a Tuesday announcement. Tether CEO Paolo Ardoino has added to the hype, highlighting Bitcoin’s resilience and declaring the pioneer crypto as certainty. Bitcoin is Certainty Says Tether CEO as Political Bombshell