Turmoil in the crypto sector in 2022 will see the tech change hands to "more regulated and established institutions," said Circle's chief strategy officer.
Decentral Block Post
Access real-time blockchain and cryptocurrency news updates from around the globe.
Crypto technology will shift towards 'steadier hands' in 2023: Circle CSO
Turmoil in the crypto sector in 2022 will see the tech change hands to "more regulated and established institutions," said Circle's chief strategy officer.
Models and fundamentals: Where will Bitcoin price go in 2023?
The rapidly evolving cryptocurrency ecosystem is entering a new phase in 2023, with incoming regulations in the U.S. and European Union.
‘Tracers in the Dark’ presents a fun crime story — and lesson in privacy
Want to keep the government from snooping on your transactional history? Start studying the forensics of crime and privacy on the blockchain.
New year, same old troubles — The FTX saga continues in 2023: Law Decoded, Dec. 26-Jan. 2
Having been granted the opportunity to enjoy Christmas and the New Year with his family, former FTX CEO Sam Bankman-Fried has very few reasons for optimism in 2023.
US lawmakers could consider stock trading ban in next session of Congress
All members of Congress are already required to report most investments in stocks and cryptocurrency, but many have pointed to potential conflicts of interest.
Price analysis 1/2: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, LTC
The DXY has turned bearish and that could prove to be a boon for SPX, cryptocurrency and Bitcoin.
Price analysis 1/2: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, LTC
The S&P 500 index (SPX) fell 19.4% and the Nasdaq nosedived 33.1% in 2022, recording the worst performance since 2008. The crypto markets also had a horrendous year with Bitcoin (BTC) falling roughly 65% in 2022. In comparison, the United States dollar, which is perceived to be a safe haven, rallied nearly 9%, its best year since 2015.
There are several green shoots visible for the cryptocurrency sector for 2023. The U.S. dollar index (DXY), which usually moves in inverse correlation with Bitcoin may have topped out. This increases the likelihood that select cryptocurrencies may be close to forming a bottom.
Daily cryptocurrency market performance. Source: Coin360Several traders miss buying at lower levels because they attempt to catch the bottom. Instead, long-term investors who believe in the crypto story may consider building a portfolio or adding positions in batches. Thus, they will have some skin in the game and not repent when the next bull move begins.
Could the U.S. dollar index continue its correction and will that benefit risky assets? Let’s study the charts to find out.
SPX
The bears tried to extend the correction last week but the bulls managed to defend the 3,764 level. This indicates that the bulls are trying to form a higher low in the S&P 500 index.
Price analysis 1/2: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, LTC
The DXY has turned bearish and that could prove to be a boon for SPX, cryptocurrency and Bitcoin.
Italy approves 26% capital gains tax on cryptocurrencies
The Italian Senate approved the new tax rate for crypto trading as part of the budget legislation for 2023.
Italy approves 26% capital gains tax on cryptocurrencies
The Italian Senate approved the new tax rate for crypto trading as part of the budget legislation for 2023.
Crypto exchange adoption boosts ENS registrations over 2.2M
The Ethereum Name Service rounded off 2022 with over 2.2 million ENS domains registered, helped in part by integrations with exchanges and industry participants.
Trouble brewing for the US: Two-thirds of TradFi expects a 2023 recession
Recent research from major financial institutions tied to the Federal Reserve sees the U.S. facing a “shallow” or “mild” recession in 2023.
Türkiye to use blockchain-based digital identity for online public services
Shortly after the Turkish central bank completed the first CBDC tests, Türkiye announced a blockchain-based digital identity application.
Dogecoin Foundation announces new fund for core developers
72 Total views
10 Total shares
Listen to article
News
Ho-ho-ho! Get Limited Holiday Trait!
The Dogecoin Foundation announced a new fund for Dogecoin Core developers to promote the Dogecoin ecosystem further in the new year.
On Dec. 31, the foundation stated that it is allocating 5 million Dogecoin (DOGE), which is around $360,000 at the time of writing, to the new fund to support the development of the Dogecoin platform.
Dogecoin Foundation announces new fund for core developers
The Dogecoin Foundation allocated 5 million DOGE, which is around $360,000 at the time of writing, to the development of the ecosystem.
Sam Bankman-Fried’s Alameda Research troubles predate FTX: Report
SBF had claimed that the operations of FTX and Alameda were independent, but the recent lawsuit has revealed that both firms worked in conjecture from day one.
Sam Bankman-Fried’s Alameda Research troubles predate FTX: Report
SBF had claimed that the operations of FTX and Alameda were independent, but the recent lawsuit has revealed that both firms worked in conjecture from day one.
US will see new 'inflation spike' — 5 things to know in Bitcoin this week
Bitcoin starts 2023 with a whimper as volatility stays absent and BTC price tips favor fresh downside to come.
US will see new ‘inflation spike’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) begins the first week of 2023 in an uninspiring place as volatility stays away — along with traders.
After failing to budge throughout the Christmas and new year break, BTC price action remains locked in a narrow range.
Having sealed yearly losses of nearly 65% in 2022, Bitcoin has arguably seen a classic bear market year, but for the time being, few are actively predicting a recovery.
The situation is complex for the average hodler, who is watching for macro triggers courtesy of the United States Federal Reserve and economic policy impact on dollar strength.
Prior to Wall Street returning on Jan. 3, Cointelegraph takes a look at the factors at play when it comes to BTC price performance in the coming week and beyond.
