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” Bitcoin holds $24K as USD taps 3-week lows on eurozone inflation report “ Bitcoin (BTC) sought to pin $24,000 as support before the July 29 Wall Street open as fresh inflation data sparked worries for the euro. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Eurozone inflation estimate shows no peak Data from Cointelegraph Markets…
“Euro falls below parity with dollar amid surging inflation” The euro fell below the dollar for the first time in two decades before inching back above parity after data on Wednesday showed US consumer price inflation surged to a more than 40-year high in June. The single currency plunged to $0.9998 against the greenback on…
” Bitcoin risks new lows as $20K looms amid dollar euro parity “ Bitcoin (BTC) headed for $20,000 after the July 11 Wall Street open amid fresh warnings to “prepare for new lows.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $20,300 eyed as next support zone to hold Data from Cointelegraph Markets Pro and TradingView…
” ECB may cap digital euro at 1.5T tokens — Executive board member “ Fabio Panetta, an executive board member of the European Central Bank, or ECB, proposed the central bank limit the total holdings of a digital euro in an effort to prevent the digital currency from being used as a form of investment….
” U.S. dollar index retreats from 20 year highs — but will DXY topping spark a Bitcoin recovery? “ The U.S. dollar index (DXY) retreated broadly from its prevailing bull run in the past two weeks, dropping by up to 3.20% after hitting its two-decade high of 105. Overvaluation risks grip dollar market Dollar’s correction…
” Digital euro could come as soon as 2026 — ECB official “ Fabio Panetta, an executive board member of the European Central Bank, or ECB, has said that a digital euro could come within four years, potentially designed with a person-to-person payment solution. In a Monday speech at the National College of Ireland, Panetta…
” Chairman of the Digital Euro Association: ‘The primary aim of the digital euro is still not clear’ “ The European Central Bank (ECB) is planning to launch a prototype of the digital euro in 2023. In the next five years, Europe could have its own central bank digital currency (CBDC) up and running. However,…
” European watchdog lists crypto next to lawyers, accountants as an AML threat “ Europe’s Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) watchdog, MONEYVAL, has listed monitoring the crypto sector along with “gatekeeper” professionals, such as lawyers and accountants, as priorities in European nations’ push to combat money laundering. In a media release…
” Proposed digital euro designs lack privacy options, ECB presentation shows “ Next to the fears of government overreach that the European Union’s ambitious digital euro project stirred, the main concern of the public is the prospective currency’s privacy framework. It appears that this worry might not be overblown after all: as the European Central…
” Macron or Le Pen: What promise does each presidential candidate hold for crypto? “ As France braces for the April 24 presidential election in a runoff, political pundits around the globe are making their bets. The choice is between the centrist incumbent Emmanuel Macron and right-wing populist Marine Le Pen. Much of the political…