The U.S. dollar index (DXY) could continue its slide in Q4, according to a classic technical setup known as a “rising wedge.” The greenback’s bearish prospects may boost Bitcoin’s (BTC) price to new all-time highs as it holds above $62,000.DXY poised for another 1.75% dropRising wedges are bearish reversal patterns that begin wide at the bottom but contract as the…
Changelly continues to expand its family of over 200 cryptocurrencies available on the platform making it possible for users to quickly and easily exchange CELO tokens at floating rates. Celo is a blockchain ecosystem focused on increasing cryptocurrency adoption among smartphone users. By using phone numbers as public keys, Celo hopes to introduce the world’s billions of smartphone owners, including…
Concurrent to the United States finally launching its first Bitcoin (BTC) futures-based exchange-traded fund (ETF) Tuesday, France inches closer to a major Bitcoin-related ETF launch.Paris-based alternative investment firm Melanion Capital is preparing to launch its Bitcoin-linked ETF product already this Friday, the firm’s CEO Jad Comair announced to Cointelegraph on Monday.Called “Melanion BTC Equities Universe UCITS ETF,” the Bitcoin ETF…
Due to the growing popularity of large cryptocurrencies, such as Bitcoin and Ethereum, we often do not pay attention to other digital assets. And that’s in vain, as some of them from a certain point of view may be more reliable and profitable. Such an example was the IOTA cryptocurrency, the prospects and characteristic features of which we will try…
Bitcoin (BTC) hit $63,000 on Oct. 19 as the debut of the first regulated Bitcoin exchange-traded fund (ETF) saw solid uptake.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewETF launch sparks six-month BTC highsData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting its highest levels since April 16 as the ProShares Bitcoin Strategy ETF ($BITO) began trading on the New York Stock…
“After the U.S. experience during the Great Depression, and after inflation and rising interest rates in the 1970s and disinflation and falling interest rates in the 1980s, I thought the fallacy of identifying tight money with high interest rates and easy money with low interest rates was dead. Apparently, old fallacies never die.” –Milton Friedman, “Reviving Japan,” 1998 In this…
The first Bitcoin futures-linked exchange-traded fund in the United States began trading on the New York Stock Exchange, opening at a price of $40 per share.According to the New York Stock Exchange, ProShares’ Bitcoin (BTC) Strategy ETF, the first exchange-traded fund allowing U.S. investors direct exposure to cryptocurrency futures, opened at a price of $40 per share of BITO before rising…
Watch This Episode on YouTube Watch/Listen To This Episode: [00:00:07] P: Today we’re going to be going through, as I said, lightning wallets, specifically Blixt wallet, which I have just discovered myself recently and is incredible. It’s already one of my favorite lightning wallets. We’ll be speaking with Hampus, who is the creator/active developer on the project and diving in…
Hindu nationalist group Rashtriya Swayamsevak Sangh (RSS) has called on the Indian government to regulate cryptocurrencies. “The government has to ensure that it is regulated in the larger interest of the society,” the group reportedly said. Rashtriya Swayamsevak Sangh Calls for Crypto Regulation Mohan Bhagwat, head of the Rashtriya Swayamsevak Sangh (RSS), said during his speech at an annual event…
The gaming industry is a multi-billionaire dollar market traditionally dominated by giant corporations like Atari, Sony, Microsoft and Nintendo, among others. Throughout their history, these major firms have aimed to provide entertaining gaming experiences to attract new players and expand their market share.However, nonfungible tokens (NFTs) are attempting to give gamers a financial incentive for playing games in the form of…
