Europe faces mounting pressure to secure its financial future as reliance on U.S. and Chinese payment giants grows, with China’s digital currency threatening dominance. Europe Risks Payment Dependence on China and U.S.—Digital Euro Is Key to Sovereignty A member of the executive board of Germany’s central bank, Burkhard Balz, highlighted the digital euro’s role in […]
Binance Gains 21st Regulatory Approval – Crypto Giant Tightens Grip Worldwide
Binance has secured its 21st regulatory approval with Brazil’s central bank, bolstering its growing dominance and expanding its footprint in Latin America’s booming crypto market. Binance Expands Regulatory Dominance With Brazil Approval Crypto exchange Binance announced Thursday that it has secured approval from the Central Bank of Brazil to acquire Sim;paul, a licensed broker-dealer in […]
Bitcoin Technical Analysis: Bears Tighten Grip as Price Flirts with $93,000 Support
Bitcoin Holders Tighten Their Grip, Glassnode’s Latest Report Reveals
The latest onchain report from the analytics firm Glassnode highlights a resurgence in the holding (referred to as ‘HODLing’ in the report) behavior among bitcoin market participants, particularly long-term holders, despite the ongoing market volatility. Onchain data reveals that, following months of significant distribution pressure, the trend is now shifting back toward accumulation. Report Shows […]
Bitcoin Technical Analysis: Bearish Sentiment Tightens Grip as BTC’s Downtrend Continues
As of June 19, 2024, bitcoin’s price is $ 65,283, fluctuating within an intraday range of $ 64,149 to $ 65,633. On Wednesday, the leading cryptocurrency saw a trade volume of around $ 31.28 billion, with a market capitalization of $ 1.28 trillion. Bitcoin Bitcoin’s oscillators reflect mixed sentiment. The …