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Category Archives: Knowledge

China’s Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets

Digital Yuan

China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to an official with the Chinese central bank, the People’s Bank of China (PBOC). In addition, the government digital wallet has been downloaded by about 140 million people. Digital Yuan’s Adoption Rises, Nearly $10 Billion Transacted […]

Hong Kong re-evaluates retail sales for Crypto

hongkong crypto

The Securities and Futures Commission of Hong Kong has received many requests to approve crypto ETFs for trading. The Securities and Futures Commission, or SFC, in Hong Kong is reviewing regulations surrounding virtual currency transactions, including whether individuals can invest in exchange-traded funds, or ETFs. According to a report by South China Morning News on Wednesday, the […]

Will USA be the global crypto and blockchain leader ?

crypto usa scaled

The United States is rapidly embracing decentralized finance, the cryptocurrency sector and the innovative industry of blockchain technology. We have some great news coming out of the United States on the cryptocurrency industry this month with potentially more good news coming later this fall. On Oct. 6, Gary Gensler, head of the U. S. Securities […]

BTC Bulls might just be ready to hit $85K — analysis

bitcoins

Bitcoin (BTC) is “ready to rally” again as BTC price action flips bullish on crucial timeframes, trading platform Decentrader says. In its latest market update on Oct. 29, the firm predicted incoming fresh upside for Bitcoin, which has languished below old all-time highs this week. $150,000 end-of-year potential Despite sideways moves in BTC/USD keeping markets […]

Uptober or Low-vember?

Bitcoin November scaled

October 2021, with 40% gains, becomes the best for Bitcoin price action since December 2020, even beating the Q1 run. Bitcoin (BTC) sees a volatile start to a new week and a new month after its first ever monthly close above $60,000 — what’s next? After a highly anticipated end to “Uptober,” bulls are looking […]

Bitcoin’s $60K resistance is strong

Bitcoin Strenght

Bitcoin (BTC) appears to lack the strength to retest the $67,000 all-time high that it reached on Oct. 20 and this is causing investors to question whether or not the bullish moment has faded. Even with the price facing these hurdles, it’s still premature to call the $58,000 support level test the beginning of a […]

Top 5 cryptocurrencies that every trader should watch this week

Crypto Top Coins

Bitcoin is witnessing modest profit-booking, but the long-term trend remains intact and altcoins like ETH, BNB, MATIC and FTM may remain in focus in the short term. The weekend failed to ignite bullish momentum from crypto investors and both Bitcoin (BTC) and Ether (ETH) turned down on Oct. 31. The bulls will now try to […]

What’s the worst that could happen to Crypto Currencies in General

trading study

Original from Cointelegraph 1. Introduction Back on Oct. 31, 2008, a person — or a group of people — who called themself Satoshi Nakamoto published a nine-page paper describing a “purely peer-to-peer version of electronic cash” that introduced a brand-new online payments system called Bitcoin (BTC). Last year, for the white paper’s 12th birthday, Cointelegraph collected industry leaders’ wishes for Bitcoin. […]

Commonwealth Bank to allow Crypto Trading for Aussies, but will other financial institutions follow?

crypto aust

The CBA stated that it will support 10 crypto assets in its banking app, including Bitcoin, Ethereum, Bitcoin Cash and Litecoin. The Commonwealth Bank of Australia (CBA) is set to launch crypto trading services for the 6.5 million users of its CommBank app. The CBA will become the first bank in Australia to support crypto, […]

Ethereum could just enter into the $6K – $10k range

ether price

ETH’s breakout to a new all-time high is just the beginning and one 2017-era fractal pattern targets a $14,000 Ethereum price in the near future. Crypto markets have hit the ground running right from the start of November and as of Nov. 2, a near uncountable number of tokens have rallied to swing highs as […]