Tag: bitcoin trader

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BTC price approaches $32K as analyst warns of ‘boring’ summer for Bitcoin

$32,000 comes back into view at 6% gains are helped by a return to strength on U.S. stock markets. Bitcoin (BTC) retained new higher levels at the June 6 Wall Street open after BTC/USD snapped a nine-week losing streak. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks could take BTC as high as $37,000 Data…
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Crypto 401(k): Sound financial planning or gambling with the future?

Cryptocurrencies may be coming to Americans’ retirement plans. Some see it as a sound financial strategy, while others remain skeptical. In April, United States-based retirement plan provider Fidelity Investments moved to allow 401(k) retirement savings account holders to invest directly in Bitcoin (BTC), the flagship cryptocurrency, making crypto a potential part of one’s savings for…
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Is Cardano ready for a go at $1? June’s hard fork FOMO lifts ADA price to weekly highs

Cardano’s previous hard forks sparked massive ADA price rallies. Will this time be different? Cardano (ADA) was among the best performers among the top cryptocurrencies on June 6 as traders assessed a key upgrade that promises to enhance its blockchain’s smart contract capabilities. Vasil hard fork FOMO Dubbed “Vasil,” the so-called hard fork event will…
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Purrfect match: The story of a young girl’s love of cats and NFTs

Inspired by her cat, Molly, 9-year-old Amelia launched her own NFT collection Ami’s Cats last year, raising over $2,000 for charities supporting animal welfare and Ukrainian child refugees. For all the cynical narratives that circulate the mainstream zeitgeist, which perceives nonfungible tokens (NFTs) as little more than means of inflating capitalistic principles, every so often,…
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New York’s push to ban crypto mining triggers response from community

In a tweet, lawyer Jake Chervinsky expressed his hopes that the governor will veto the bill “for the sake of New York.” As the state of New York pushes forward a bill that will ban proof-of-work (PoW) mining once approved, members of the crypto community express their disagreement through social media.  In a Twitter thread,…
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105 Countries Are Exploring Central Bank Digital Currencies, CBDC Tracker Shows

There are now 105 countries that are exploring central bank digital currencies (CBDCs). Among them, 50 countries are in an advanced phase of digital currency exploration (development, pilot, or launch). 105 Countries Are Exploring CBDCs The Atlantic Council’s Geoeconomic Centre has released a major update to its Central Bank Digital Currency (CBDC) Tracker. According to…
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Gate․io’s Ninth Anniversary: The Remarkable Crypto Ecological Landscape

Gate.io is building on its success and evolving to become a remarkable crypto ecological landscape for its users, its ecosystem encompassing a vast variety of digital assets that collectively offer a feature rich experience to its users. With the 9th anniversary celebrations now kicked off, Gate.io is bringing even more innovative features to its users…
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Bitcoin, Ethereum Technical Analysis: BTC Surges Above $30,000 to Start the Week

Following a weekend which saw bitcoin trading mainly in the red, prices rebounded to start the week. BTC was once again above $30,000 on Monday, while ETH climbed by over 5%. Bitcoin The world’s largest cryptocurrency was trading higher on Monday, as prices once again rose above the $30,000 level. Following a low of $29,574.45…
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Survey: More Than 70% of Salvadorans Believe the Bitcoin Law Has Not Improved Their Personal Finances

A recent survey has offered some insight into the real opinions Salvadorans have about the implementation of the Bitcoin Law in the country. The survey, carried out by the University Institute of Public Opinion of the José Simeón Cañas Central American University, found that most Salvadorans believe the inclusion of bitcoin as legal tender, through…
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Nigerian Blockchain and Crypto Association Introduces a Code of Conduct for VASPs

The Nigerian blockchain and crypto advocacy group, the Stakeholders in Blockchain Technology Association in Nigeria (SIBAN) recently announced the introduction of a code of conduct for Nigerian virtual assets service providers. The code of conduct, which was initiated by the office of the President of Nigeria, applies to all Nigerian VASPs. Making the Nigerian…
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