A recent IMF post was extremely favourable towards countries in Latin America and the Caribbean using central bank digital currencies, while denigrating El Salvador’s adoption of Bitcoin. The post by the International Monetary Fund suggested that Latin American and Caribbean (LAC) countries were making “significant strides in the introduction of central bank digital currencies (CBDCs). […]

BTC/USD Reaches 12-Month Peak:  Sally Ho’s Technical Analysis – 24 June 2023 Bitcoin (BTC/USD) retained positive upward momentum early in the Asian session as the pair worked to consolidate gains above the psychologically-important 30000 figure after escalating to the 31443.67 area, its strongest print since June 2022.  The rapid appreciation to its strongest level in […]

According to a Bloomberg report, other major depositors included Silicon Valley Bank, SVB Financial Group, biotechnology research company Altos Labs, and China-based firm Kanzhun. Stablecoin issuer Circle and venture capital firm Sequoia Capital were reportedly among the top 10 depositors at the collapsed crypto-friendly Silicon Valley Bank (SVB) in March. According to a June 23 […]

Cryptocurrency exchange Crypto.com said in a June 23 announcement that it received a Virtual Asset Service Provider (VASP) registration from the Bank of Spain, allowing it to offer its products and services to users in the country. The Singapore-based crypto platform stated that it underwent a “comprehensive review of its compliance with Anti-Money Laundering Directive […]

The post XRP Price is Preparing for a Bullish Reversal Above $0.5- Should You Buy the Dip? appeared first on Coinpedia Fintech News In the past few weeks, XRP’s price has seen a whirlwind of highs and lows, with no discernible pattern due to the ongoing uncertainty about its status as a security. This has […]

The post Bullish Frenzy: Litecoin and Cardano Gear Up for Uptrend Surge, Sparklo Presale Gains Momentum appeared first on Coinpedia Fintech News The dynamic of the blockchain arena has a riveting storyline for two key cryptos, Litecoin (LTC) and Cardano (ADA) are showing signs of potential growth amid market volatility. Meanwhile, Sparklo is preparing to […]

SEBA Bank exec Nasha Afshar believes that the question of institutions getting into crypto has shifted from “if” to “when,” indicating growing confidence in the industry. As more institutions go from only showing their interest in the crypto space into actually investing in Web3 projects, getting into crypto turns into a question of “when” rather […]

A serious watershed is on the horizon for BTC price, as Bitcoin shorters show signs of betting on a short-term trend turnaround. Bitcoin (BTC) denied the market fresh volatility at the June 23 Wall Street open as traders attempted to guess its next targets. BTC/USD 1-hour chart. Source: TradingView Bitcoin lacks “strong confirmation” of new […]

U.S. presidential candidate Robert F. Kennedy Jr. spoke in an interview with the New York Post on June 22, 2023, and discussed a wide range of topics, including vaccines and bitcoin. Kennedy stated that if he becomes president, he will ensure that the U.S. maintains “policies that support bitcoin and the freedom to transact.” RFK […]

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