Fri, October 16

Bitcoin’s Price Analysis: Relief Rally on the Horizon?

In Q4 2023, Bitcoin, the largest market capitalization holder, faced a relentless bearish pressure that sent shockwaves throughout the market. As September rolled in, BTC found itself locked in a battle for stability, with prices oscillating between $26,409 and a low of $25,404, marking its lowest point in nearly five

September 8, 2023 2 mins read

G20 Summit To Address IMF and FSB’s Unified Crypto Regulation Framework

Thursday saw the release of a report outlining policy suggestions and guidelines for crypto regulation. This was from the International Monetary Fund (IMF) and the Financial Stability Board (FSB). India, as G20 president, has requested that the IMF and FSP create policy and regulatory frameworks. This is for a unified

September 7, 2023 2 mins read

Struggle Continues for Bitcoin as Price Hovers Below $26,000

There are presently around 560,000 unconfirmed transactions on the Bitcoin network. Moreover, there have been considerable increases in transaction costs and delays in processing due to this congestion. The unusual network demand is related to the excitement around Ordinals and BRC-20 minting. According to the Mempool, miners are straining to

September 7, 2023 2 mins read

Bitcoin Bears Regain Control, What’s Next?

In a rollercoaster ride of hope and despair, Bitcoin, the largest market capitalization Cryptocurrency, sent ripples throughout the community when its price soared from $25,912 to $28,089, following Grayscale Bitcoin Trust’s (GBTC) triumph over the Securities and Exchange Commission (SEC) on August 29. However, this bullish momentum proved to be

September 6, 2023 3 mins read

El Salvador All Set To Include Bitcoin Education in Schools

El Salvador’s Ministry of Education collaborated with the non-profit group Mi Primer Bitcoin (MPB), to include Bitcoin teaching into the national curriculum by 2024. MPB’s founder, John Dennehy, has stated that the initiative is a Ministry of Education initiative. And that MPB is contributing to it together with Bitcoin Beach.

September 6, 2023 1 min read

Hana Bank & BitGo Partner To Offer Crypto Custody in South Korea

KEB Hana Bank, one of the biggest banks in South Korea, has partnered with BitGo Trust Company, a leading crypto custody provider, to begin providing custody services. Yonhap, a South Korean news agency, claimed that KEB Hana Bank and BitGo have reached a strategic business deal to build up digital

September 5, 2023 1 min read

The Transformative Potential of Cloud Mining in the Cryptocurrency Landscape

● Cambridge Bitcoin Electricity Consumption Index (CBECI) estimated Bitcoin mining’s annual power demand to be 120.29 TWh. ● Cloud mining enables users to participate in crypto mining without the need for hardware. The cryptocurrency landscape is constantly evolving, with users adapting to changing trends and market patterns. As participants in

September 5, 2023 2 mins read

Bitcoin Price Hovers Below $26,000 Mark Amid Bear Dominance

After breaking below the support level of $26,000 earlier this week, Bitcoin is still under selling pressure. However, for few traders this would be a good moment to purchase the dips. The latest CoinShares data shows that institutional investors remain divided on the cryptocurrency market, with mild inflows and outflows

September 5, 2023 1 min read

Australian Senate Committee Opposes Crypto Regulation Bill

The Economic Legislation Committee of the Australian Senate has voiced strong opposition to a Bill that would support regulation of crypto trading platforms in Australia. InnovationAus.com, a public policy and commercial innovation think tank, said that the Committee’s rejection was based on the perception of internal strife within any movement

September 4, 2023 1 min read

Bitcoin (BTC) Below $25K Possible in Current Downtrend?

Bitcoin (BTC), the world’s largest cryptocurrency, has experienced a strong bearish momentum for the past few weeks. Recently, BTC has shown a slight recovery of 0.50% after staying below $26,000 for the past few weeks. With this price surge, BTC surpassed the $26K mark. However, it didn’t stay for long,

September 4, 2023 2 mins read