Our news is a collection of materials about updates, events and trends in the Liquidity, Forex, Crypto and FinTech industries.
Morning Brief: Collapsed Cryptocurrency Drama and What Happened in the Market Over the Past Few Days
Bitcoin fell 5.9 percent in 24 hours through noon Eastern time on Saturday, to $28,782, in trading on Coinbase Global's platform (COIN). The cryptocurrency is down 20% this week, while the token is down 58 percent since its top above $69,000 in November 2021.
Bitcoin Falls. Cryptos Pressured As Stablecoin Terra’s Meltdown Intensifies
"Bitcoin will encounter short-term resistance near $32,500, followed by $35,000," Moya predicted. "On the downside, Bitcoin will attempt to maintain the $30,000 level, with $28,500 offering significant support."
Yellen: Crypto Regulation Should be Based on Risk
In a conference on regulating cryptocurrencies, Treasury Secretary Janet Yellen stated that regulation should be focused on risk rather than innovation, balancing the benefits digital assets may bring to our payment system with the hazards they provide.
4 Blockchain Trends for 2022
BaaS is a cloud-based system that enables users to produce digital products in collaboration with blockchain.These digital commodities might include smart contracts, decentralized applications (Dapps), or other services that do not require the entire blockchain infrastructure to work.
EU Parliament Passes Privacy-Busting Crypto Rules Despite Industry Criticism
European Union legislators voted last week in support of highly controversial legislation prohibiting anonymous cryptocurrency operations, a measure the sector argued would slow innovations and infringe on personal privacy.
Morning Brief: Crypto Regulation, Best Stocks of the Week, And the Rise of Covid-19 Cases
The drive comes as authorities are trying to develop laws to protect investors in the cryptocurrency sector and defend against criminal conduct or financial instability. President Biden on Wednesday signed an executive order tasking government agencies with a thorough study of cryptocurrencies.