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Search Results for: RSI

Florida’s CFO Advocates Bitcoin to Diversify State Pension Fund

In a recent letter, Jimmy Patronis, Florida’s CFO, requested that Bitcoin and other digital assets be considered part of the state’s pension fund. It addressed Chris Spencer, the Executive Director of the Florida State Board of Administration.  Moreover, the letter emphasized Florida’s position as a leader in economic growth, persuading

October 30, 2024 2 mins read

Emory University Invests Over $15M in Grayscale Bitcoin Mini ETF

Emory University recently reported a notable $15 million investment in the Grayscale Bitcoin Mini ETF, marking it as the first American university to publicly disclose Bitcoin holdings. According to filings with the U.S. Securities and Exchange Commission (SEC) dated October 25, Emory held 2,678,906 shares in the ETF, valued at

October 26, 2024 2 mins read

Is Bitcoin (BTC) Price Facing a Persistent Downward Pressure?

While the world mourns the passing of tech giant Ratan Tata, cryptocurrency prices fell in the last 24 hours. The community also received news about the US FBI’s creation of a new token to entrap suspects involved in market manipulation. Meanwhile, the largest cryptocurrency has yet again initiated a bearish

October 10, 2024 2 mins read

Bybit Expands MT5 Platform with Global Indices Trading, Enabling Users to Diversify with Traditional Assets

With the addition of indices trading, Bybit—the second-largest cryptocurrency exchange globally based on trade volume—has enhanced its MetaTrader 5 (MT5) platform even further. Bybit customers now have access to international markets, including important benchmarks in China and Hong Kong, thanks to this new feature. Using Bybit MT5, cryptocurrency investors may

October 3, 2024 2 mins read

Hong Kong Strengthens Crypto Regulation with New Oversight for OTC Trading

According to an exclusive report from the South China Morning Post (SCMP), Hong Kong is considering involving the Securities and Futures Commission (SFC) and the Customs and Excise Department (C&ED) in regulating over-the-counter (OTC) virtual asset trading services. This initiative comes as the city grapples with the challenges of managing

September 12, 2024 2 mins read

BoJ Governor Signals Possible Rate Hikes as Inflation Persists

Bank of Japan (BoJ) Governor Kazuo Ueda has hinted at the possibility of further rate hikes. This comes as the BoJ continues to assess economic conditions and inflation trends. Ueda’s remarks signal a potential shift in the bank’s monetary policy, aiming to address ongoing inflationary pressures. According to recent reports,

September 3, 2024 2 mins read

Pure.cash: More Than a Decentralized Version of Ethena

Pure.cash countdown begins: game-changing protocol launches within a week. The project is built on Ethereum and aims to revolutionize the crypto industry, offering more than just a decentralized version of Ethena. Highlights From a fundamental perspective, Pure.cash is a decentralized version of Ethena, employing a delta-neutral strategy utilizing perpetual contracts

September 2, 2024 5 mins read