The return to inflation in the world means that real interest rates need to rise into positive territory, but with historically high levels of debt, such a move by central banks will not be popular, the Bank for International Settlements’ (BIS) head Agustín Carstens warned…. Read More: ‘New Inflationary Era’ Upon Us, Central Bank…
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Bitcoin price recovered losses and climbed above the USD 46,000 level. BTC even surpassed the USD 46,500 resistance zone. It is currently (11:48 UTC) trading in a range near USD 46,700 and might test USD 47,000. The price is now up over 1% in a day… Read More: Bitcoin and Ethereum Still Range-Bound, LUNA…
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MicroStrategy reveals a fresh BTC buy, but Bitcoin price action is still being held captive by the 200-day moving average. Bitcoin (BTC) fell into the Wall Street open on April 5 after briefly passing $47,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader shows importance of 200DMA for Bitcoin Data from Cointelegraph Markets Pro and…
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Bitcoin was back in the green during Tuesday’s session, as the world’s largest cryptocurrency rose above $47,000. ETH was also marginally higher today, as it continued to hover close to its $3,500 resistance level. Bitcoin Bulls were back in bitcoin on Tuesday, as the world’s largest cryptocurrency rose above $47,000 during the session. Following a…
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As decentralized finance (DeFi) and central banking share a number of objectives, building bridges between decentralized and centralized finance (CeFi) could open up new possibilities for the use of central bank digital currencies (CBDCs) , according to the participants of a debate held by the Innovation Hub of the Bank for International Settlements (BIS) and…
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The bitcoin mining startup Primeblock has announced plans to go public via a special purpose acquisition company (SPAC) deal. Primeblock will merge with a blank-check firm 10X Capital Venture Acquisition Corp. II, and the company’s shares will be listed on Nasdaq.
Primeblock Reveals SPAC Merger With Plans to Be Listed on Nasdaq in the Second…
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US-based enterprise software firm MicroStrategy has purchased another BTC 4,167, worth some USD 190.5m, the company’s CEO Michael Saylor announced on Tuesday. Tuesday’s announcement that the firm has added even more bitcoin (BTC) to its already massive holdings follows news from last week that the firm took a USD 250m loan from the crypto-friendly…
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The Ecuadorian Police and the prosecution of Ecuador have raided several locations linked to Fortunario Digital Assets, a company that was allegedly making illegal collections of money related to forex and cryptocurrency business. The operation also encompassed the seizure of more than $7 million from the accounts of the Ecuadorian company.
Ecuadorian Police Raid…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: New Bitcoin’s Chance to ‘Bitcoinze the Dollar’, Crypto Seizures + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
“We could be exposed to reputational risks brought by DT service providers created in Singapore, and which provide services relating to virtual assets,” said Alvin Tan. The Singaporean government has approved legislation that will give the Monetary Authority of Singapore, or MAS, additional power to respond to crypto firms doing business outside the country. Records…
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