The trial may lead up to the introduction of a CBDC in India before the end of this fiscal year, most likely in three steps; U.S.-based FIS is reportedly participating.
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Price analysis 9/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
The cryptocurrency markets have been quiet over the weekend. The sideways price action continues on Sept. 5 and there is unlikely to be any fresh triggers from the United States equities markets which are closed for Labor Day.
However, the bullish picture for cryptocurrencies looks clouded as the energy crisis in Europe sent the euro to a two-decade low versus the U.S. dollar. Meanwhile, the U.S. dollar index (DXY) which has an inverse correlation with the equities markets and cryptocurrencies soared above 110 for the first time since June 2002.
Daily cryptocurrency market performance. Source: Coin360A positive sign among all the mayhem is that Bitcoin (BTC) has not given up much ground over the past few days and continues to trade near the psychological level of $20,000. This suggests that traders are not panicking and dumping their positions in a hurry.
Could bulls push and sustain Bitcoin above $20,000 and will this trigger buying in altcoins? Let’s study the charts of the top-10 cryptocurrencies to find out.
BTC/USDT
Bitcoin has been stuck inside a tight range between $19,520 and $20,576 for the past few days. This indicates indecision among the bulls and the bears. Although bulls are buying the dips, they have failed to clear the overhead resistance.
Price analysis 9/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
Bitcoin and altcoins are holding their immediate support levels, but traders are searching for a trigger to push the market higher.
Price analysis 9/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
Bitcoin and altcoins are holding their immediate support levels, but traders are searching for a trigger to push the market higher.
What does the Fed’s fight against inflation mean for crypto? Macro analyst explains
Macro analyst Lyn Alden explains why the Fed's efforts to curb inflation may take longer than expected and how they will impact the crypto markets.
What does the Fed’s fight against inflation mean for crypto? Macro analyst explains
Macro analyst Lyn Alden explains why the Fed's efforts to curb inflation may take longer than expected and how they will impact the crypto markets.
Staking on Polkadot, explained
There's a big buzz around staking right now — but when it comes to Polkadot, there's a big difference between exchanges.
Law Decoded, Aug. 29–Sep. 5: Celsius is ready to give money back, but not much
Crypto lending platform is ready to return $50 million out of $210.
Liz Truss, who said UK 'should welcome cryptocurrencies' will be the next prime minister
Winning the election to be Conservative Party leader with 57.4% of the vote from members compared to Rishi Sunak’s 42.6%, Liz Truss will be the next U.K. prime minister.
Australian state police sets up crypto division to trace transactions
The use of crypto in criminal activity has reportedly significantly increased since the AFP made its first crypto seizure in early 2018.
Australian state police sets up crypto division to trace transactions
The use of crypto in criminal activity has reportedly significantly increased since the AFP made its first crypto seizure in early 2018.
Australian state police sets up crypto division to trace transactions
The use of crypto in criminal activity has reportedly significantly increased since the AFP made its first crypto seizure in early 2018.
Crypto noobs: What to tell newcomer friends about digital currency
A look at some of the questions that friends, family and acquaintances may have about crypto and some appropriate responses.
Crypto noobs: What to tell newcomer friends about digital currency
A look at some of the questions that friends, family and acquaintances may have about crypto and some appropriate responses.
Ripples of Bitcoin adoption at Biarritz’s Surfin Bitcoin Conference in France
Thanks to grassroots and big bitcoin displays of Bitcoin advocacy, could the tide be changing on France’s anti-Bitcoin sentiment?
Bank of Russia agrees to legalize crypto for cross-border payments: Report
Historically opposed to the idea of using crypto as a payment method, the Bank of Russia has reportedly agreed to allow cross-border payments in crypto due to geopolitical changes.
Bank of Russia agrees to legalize crypto for cross-border payments: Report
Historically opposed to the idea of using crypto as a payment method, the Bank of Russia has reportedly agreed to allow cross-border payments in crypto due to geopolitical changes.
Bank of Russia agrees to legalize crypto for cross-border payments: Report
Historically opposed to the idea of using crypto as a payment method, the Bank of Russia has reportedly agreed to allow cross-border payments in crypto due to geopolitical changes.
ETH Merge: CoinGecko co-founder shares strategy for forked tokens
Bobby Ong tweeted that holders can bridge their tokens back to the mainnet, unwrap their Ether and remove their liquidity to maximize ETH PoW airdrop eligibility.
ETH Merge: CoinGecko co-founder shares strategy for forked tokens
Bobby Ong tweeted that holders can bridge their tokens back to the mainnet, unwrap their Ether and remove their liquidity to maximize ETH PoW airdrop eligibility.