News: Crypto

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."

Elon Musk Is a Crypto Fan. What the Twitter Deal Means for Bitcoin and Dogecoin

Musk may make a huge step by urging Twitter to purchase Bitcoin as a treasury asset, as he has done with Tesla and SpaceX. "Given Twitter's presence in US politics and society, the firm acquiring Bitcoin to store on its balance sheet would be a significant event," Savic added.

Regulators May Be Missing the Weakest Link in Crypto

A representative for the Treasury Department declined to comment. Similarly, other legislators' plans have neglected or even deliberately omitted the establishment of safeguards around algorithmic stablecoins.

Morning Brief: From Chip Makers to EV Production & What is New in Crypto and Stock Market so Far

On Monday, bitcoin fell to slightly around $39,000, reaching one-month lows, while ether fell below $3,000 as risky assets such as cryptocurrencies continued under pressure from global central banks' plans to tighten monetary policy.

Ether Is Struggling As Its Network Hits A Setback

Developers also intend to develop "shards" of the blockchain to support a broader range of transactions with greater throughput. These could help Ethereum scale up and minimize the high transaction fees that infrastructure managers are now charged.

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.

Bitcoin, Ether, And Dogecoin Prices Fall—And What Else Is Happening In Crypto

This week, though, might be promising for bitcoin and other cryptocurrencies. The annual bitcoin conference begins on Wednesday in Miami, and many expect the meeting to be a trigger for the largest cryptocurrency to test its 200-day moving average of over $48,000.

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.

Insider News: Britain Will Reveal Crypto Regulation Plans In Coming Weeks

British Finance Minister Rishi Sunak is set to propose a new legal framework for cryptocurrency in the coming weeks, as sources, choosing to remain anonymous since the information has not yet been made public, unveiled.

Insider News: Coinbase To Reportedly Buy The $2.2B Brazilian Unicorn Behind Mercado Bitcoin

Articles have reported that Coinbase plans to purchase 2TM to increase its worldwide presence. After previously acquiring an Indian AI company in response to client concerns over unnecessary customer support, a San Francisco exchange recently acquired blockchain infrastructure platform Bison Trails.

Expert Opinion: Bitcoin Is on the Verge of a Major Breakout — and What Else Is Happening in Crypto Today

"Bitcoin is on the cusp of a huge breakout as the price is on track to challenge the $45k, which has been a strong resistance since mid-January," said Yuya Hasegawa, an analyst at Japanese cryptocurrency exchange Bitbank.

Morning Brief: From Housing Inflation, Bitcoin Leaving to Supplies Disaster

The cheapest Model 3 in the U.S. is currently $46,990, according to Tesla’s website. The business hiked pricing by 3 percent to 5 percent in both the U.S. and China, Dan Levy, a Credit Suisse analyst, wrote in a letter to clients.

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.

Expert Opinion: Bitcoin and Other Cryptos Soar. There Are Big Hopes for Biden’s Executive Order.

Bitcoin, the most popular cryptocurrency, went up 9% in the last 24 hours to nearly $42,000, according to CoinDesk statistics. Ether, a smaller rival, also increased substantially, jumping 7% to $2,750.