On Jan. 9, 2024, discussions have been buzzing within the crypto community regarding the potential sale of $ 6.49 billion worth of bitcoin (BTC) by the U.S. Department of Justice (DOJ). This speculation arises from a court ruling issued on Dec. 30, in which U.S. Chief District Judge Richard Seeborg sanctioned the forfeiture of …
European Union banking regulations have provided a significant competitive advantage for crypto firms compared to the challenges faced by their U.S. counterparts, according to an analysis by Patrick Hansen, senior director of EU strategy and policy at Circle. Circle Exec: Regulatory Clarity Helps Europe Surpass U.S. in Crypto-Friendly Banks According to Hansen’s report, he highlights […]
As of April 12, 2024, bitcoin’s price exhibits resilience, trading at $ 70,748, with oscillators showing mixed signals while moving averages firmly suggest a bullish trend heading into the weekend. Bitcoin The relative strength index (RSI) on the daily scale sits at a neutral 56, indicating neither overbought nor oversold conditions, suggesting that BTC …
Ethereum plunged below the $ 1,600 level to start the week, as global markets reacted to the escalating tensions in the Middle East. Crude oil prices rallied from a six-week low, climbing by over 4% overnight. Bitcoin gave up recent gains, as traders fled to more traditional safe-haven assets. Bitcoin Bitcoin (BTC) slipped for …