Entering a New Era of Decentralization Decentralization is a pivotal tool in democratizing crypto systems, promoting competition, and expanding user choices and ownership of Internet infrastructure. While challenges persist in achieving decentralization at scale, the evolution of web3 governance models, influenced by the “living laboratory” of web3, is paving the way for unprecedented levels of […]
BTCUSD is Hesitating to Make the Lunge Towards the $45,000 Price Bitcoin (BTCUSD) is hesitating in approaching the $45,000 price level. Despite a robust bullish trend initiated in October, the cryptocurrency has encountered resistance at the $45,000 level, facing swift rejection and subsequently retracting to the $40,200 support level. Bitcoin Key Levels Supply Levels: $45,000, […]
Nigeria’s Central Bank lifted the crypto ban, boosting Bitcoin’s bullish outlook. Nigeria’s Central Bank (CBN) has recently removed constraints for banks handling cryptocurrency transactions., signaling a bullish trend for Bitcoin (BTC). This move is expected to fuel heightened competition rising within Nigeria’s crypto-fiat exchanges and peer-to-peer (P2P) markets. CRYPTO BREAKING NEWSNigeria Central Bank Lifts Restrictions […]
Hong Kong regulators have expressed openness to approving spot cryptocurrency exchange-traded funds (ETFs), potentially ushering in a new era for digital assets in the region. The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) jointly declared on Friday a willingness to consider authorizing spot crypto ETFs. This marks a pivotal shift […]
BTCUSD Bullish Formation May Aid its Breakout Beyond $45,000 BTCUSD bullish formation is very promising at the moment. It is expected to potentially facilitate a breakout beyond the $45,000 threshold. The recent market movements suggest that Bitcoin is poised for an upward surge, surpassing not only the $45,000 price level but also initiating a breakout […]
Introduction: From its origins marked by speculative fervor, the evolution of crypto is now steering towards a phase where on-chain businesses are emerging, boasting clear business models, cash flows, and long-term economic value creation. This report delves into the ongoing transformation of the crypto landscape, exploring recent developments in on-chain data, crypto fundamentals, and the […]
BTCUSD is Set to Try the $45,000 Resistance Again BTCUSD is set for a renewed challenge to surmount the $45,000 resistance, embarking on another attempt after finding support at the $40,200 level, coinciding with the central axis of its parallel channel. Despite an earlier robust ascent to $45,000, the cryptocurrency encountered formidable resistance at this […]
Former BitMEX CEO Arthur Hayes radiates confidence in Bitcoin’s future, envisioning a significant surge to a $1 million price target. Presently hovering near $42,000.00, Bitcoin’s potential rise relies on its inherent value and transformative impact on finance, as per Hayes. This ambitious goal emphasizes Bitcoin’s shift from a volatile asset to a globally recognized standard, […]
In a recent interview on The Scoop podcast with The Block’s Frank Chaparro, Bloomberg Intelligence ETF research analyst James Seyffart shared his insights on the long-anticipated approval of spot bitcoin exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC). Seyffart predicts that the regulatory green light may come in January 2023, following months of […]
