Visa, Microsoft and others join Brazilian CBDC pilot
Both national and global companies will participate in the upcoming pilot project of the Brazilian central bank digital currency. Both...
Month: May 2023
‘Exhausted all options’ — Unbanked to close after being left hanging by investor
Unbanked is yet another crypto firm to wind down this month, joining BottlePay, HotBit, Teressa and, most recently, TradeBlock. Crypto...
Bitcoin nears $27K despite ‘hot’ PCE data sparking June rate hike bets
Bitcoin decides that bad news is not bad enough as upside volatility accompanies proof that U.S. inflation remains sticky. BTC/USD...
No ETH to trade? Ethereum exchange balance drops to a 5-year low
The ETH balance decline began in September 2022, dropping significantly in November and December after the downfall of FTX. The...
Bitcoin reaches ‘decision point’ — 4 BTC price metrics to watch
Bitcoin bulls are sitting on their hands but need to combat short-term sellers rapidly losing profitability, Glassnode warns. Bitcoin (BTC)...
Chinese city releases policy draft for metaverse industry development
The policies include a series of cash benefits to attract metaverse-related companies to set up shop in the city. On...
Memecoins: From memes to multibillion-dollar pumps, scams and rug pulls
Memecoins have come a long way from the early days of being joke cryptocurrencies. Memecoins, or meme cryptocurrencies, started as...
Fortune favors the brand: Why crypto marketing fails to live up to hype
Your brand establishes a bond. Without that bond, your customer base will simply erode more easily. As we appear to...
Binance and Gulf Innova to launch crypto exchange in Thailand in Q4 2023
Binance and its Thai partner Gulf Innova have secured digital asset operator licenses in Thailand to launch a new crypto...
EU regulator urges crypto firms to disclose regulatory status of products
The ESMA reminded investment firms that crypto would remain unregulated in most jurisdictions despite upcoming regulations. The European Union’s financial...
Bitcoin Price: Future Of Crypto In Germany As The Country Enters Recession
Bitcoin (BTC) price currently shares a similarity with Gold on value metrics, which explains why economists consider it a safe...
Bitcoin Price Holds At $26,400 – Is The 100 SMA BTC’s Achilles Heel?
Bitcoin (BTC) price remains range bound, moving lower as it eases towards the critical support at $26,200. The overall outlook...
Bitcoin Price Prediction for Today, May 25: BTC/USD Falls 0.53% to $25,950 Support
The Bitcoin price prediction sees a 0.53% decline over the past few hours as the cryptocurrency fails at $26,462 and...
Bitcoin’s Struggle Below $26.5K Persists -Evaluating the Debt Ceiling Implications and Impact of FOMC Minutes
Crypto markets experienced a slight shift in momentum after a stagnant period of two weeks. The trigger for this change...
China’s Crypto Narrative Takes a Turn – State-Owned Channel Airs News wFueling Optimism for Bitcoin
In a recent tweet, Changpeng Zhao (CZ), the CEO of Binance, highlighted that China Central Television (CCTV), a state-owned channel,...
