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” Bitcoin ‘finally’ due for $32.8K as long-term BTC price metric flashes overvalued “ Bitcoin (BTC) briefly returned to $30,000 before the May 25 Wall Street open as range adherence lingered. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: BTC should challenge 2-week highs Data from Cointelegraph Markets Pro and TradingView showed BTC/USD managing to…
” Blockstream dreams up a whole new type of multisig called ROAST “ The research unit of Bitcoin (BTC)-focused blockchain tech firm Blockstream has published a proposal for a new type of multisig standard called Robust Asynchronous Schnorr Threshold Signatures (ROAST). It hopes to avoid the problem of transaction failures due to absent or even…
” Low inflation or bust: Analysts say the Fed has no choice but to continue raising rates “ As economic conditions continue to worsen, financial experts worldwide are increasingly placing the blame at the feet of the Federal Reserve after the central bank was slow to respond to rising inflation early on. Financial markets are…
“NFT auctions from Beeple, Madonna flop amid crypto crash” The once-sizzling market for NFTs has become a spectacular bust, as high-profile auctions increasingly flop and investors who plunked down millions for bizarre digital artworks now struggle to unload them at a tiny fraction of what they paid. Last spring, the little-known crypto artist Beeple sold…
” ECB: One in ten households in eurozone population centers now own cryptocurrency “ On Tuesday, the European Central Bank, or ECB, published the results of a new survey conducted in six eurozone areas; the Netherlands, Spain, Italy, Belgium, France, and Germany. Together, approximately 10% of respondents from the surveyed countries said they own cryptocurrencies….
” WEF 2022: Trust and clarity are missing in discussions of carbon emissions and crypto “ The need for a clear, balanced concept of the issue was a constant theme at the panel discussion of crypto’s carbon footprint at the 2022 World Economic Forum. There was general agreement that there has been a rush to…
” Crypto funds under management drop to a low not seen since July 2021 “ Digital asset investment products saw $141 million in outflows during the week ending on May 20, a move which reduced the total assets under management (AUM) by institutional funds down to $38 billion, the lowest level since July 2021. According…
” Bitcoin price returns to weekly lows under $29K as Nasdaq leads fresh US stocks dive “ Bitcoin (BTC) fell on the May 24 Wall Street open as weakness in stocks saw sell-side pressure return. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Equities give crypto no respite Data from Cointelegraph Markets Pro and TradingView followed BTC/USD…
” Enforcement and adoption: What do UK’s recent regulatory aims for crypto mean? “ In April, the United Kingdom’s Economic and Finance Ministry, also known as Her Majesty’s Treasury, announced its intention to put the United Kingdom at the forefront of technology by bringing stablecoins under the country’s payments regulation — a bold move that…
” Bitcoin price may bottom at $15.5K if it retests this lifetime historical support level “ Bitcoin (BTC) could be in for a return to levels not seen since before its 2020 bull market if history repeats itself. That was according to new analysis released on May 24, which studied Bitcoin’s interaction with its 200-week…