Bitcoin is currently trading at $63,554, following a fluctuating 24-hour range between $62,479 and $64,687. Key technical indicators show mixed signals, with consolidation after recent resistance at $64,730. Traders are watching closely for potential entry points as market indecision sets in across multiple timeframes. Bitcoin On the 1-hour chart, bitcoin (BTC) shows signs of cooling […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-btc-consolidates-signaling-potential-breakout/
Hong Kong emerged as the fastest-growing Eastern Asian country in terms of global crypto adoption, with 40% of the region’s value received in stablecoins. Source: https://cointelegraph.com/news/stablecoins-crypto-threatening-fiat-money-dominance-eastern-asia?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
As Bitcoin surged past the $64,000 level early Monday, marking a 10% increase over the past week, analysts have pointed to an array of catalysts fuelling the momentum. They range from last week’s Fed interest rate cuts and increased demand for Bitcoin ETFs to bipartisan political support. Even if the reasons differ, analysts seem to agree they’ll drive a rally…
Digital asset investment products posted a second consecutive week of inflows last week, totaling $321 million, CoinShares reported. Source: https://cointelegraph.com/news/crypto-321-million-inflows-fed-50-bp-rate-cut?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Hemi Network team claims tunneling allows Bitcoin and Ethereum to coexist without the attack vectors associated with cross-chain bridges. Source: https://cointelegraph.com/news/hemi-network-tunneling-connects-bitcoin-ethereum-secure-cross-chain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The latest 10x Research report examines macroeconomic factors and seasonal patterns hinting at a Bitcoin rally while cautioning investors on potential risks. Source: https://cointelegraph.com/news/bitcoin-significant-rally-2024-10x-research?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Australian Securities and Investments Commission (ASIC) has announced new legislation requiring cryptocurrency exchanges to obtain financial services licenses. This expansion of the Corporations Act aims to provide clearer oversight of the crypto sector, ensuring that widely traded crypto assets, such as bitcoin, are appropriately regulated. The new regulations are set to be implemented by […] Source: https://news.bitcoin.com/australia-mandates-financial-services-licenses-for-crypto-firms-under-new-asic-regulations/
The stars are aligning for BTC price action as traders pin hopes on the Bitcoin bull market finally returning. Source: https://cointelegraph.com/news/rsi-classic-btc-price-breakout-5-things-bitcoin-this-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Matt Hougan, CIO of Bitwise, one of the world’s largest crypto fund managers, referred to the value of bitcoin as a hedge against the U.S. debt and the decline of the dollar. In social media, Hougan stated that bitcoin was an instrument that allowed investors to put funds in the market taking public debt into […] Source: https://news.bitcoin.com/bitwise-cio-highlights-bitcoins-role-as-a-hedge-against-u-s-public-debt/
Travala integrates Solana blockchain for seamless crypto payments, allowing hotel and flight bookings via SOL, USDT, and USDC. Source: https://cointelegraph.com/news/travala-solana-crypto-payment-partnership-expansion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
