The bulls ceded the $150 level to the bears recently as selling pressure intensified. Further losses appeared likely, and $150-$160 is a firm resistance zone. On April 14th, Solana (SOL) bulls experienced a momentary relief as the price surpassed the psychologically significant level of $150. It’s possible that the v1.17.31 update played a role in … Read more
According to reports, Senator Sherrod Brown, who chairs the US Senate Banking Committee, intends to move forward with a substantial stablecoin legislation by linking it with proposals concerning marijuana companies and recovering banker compensation. Based on a Bloomberg article from April 16, Senator Brown expressed his willingness to support stablecoin legislation in Congress, under the … Read more
At WebSummit Rio on April 16, Animoca Brands’ founder Yat Siu participated in a discussion called “The Return of Bitcoin’s Vengeance: Is Web3 Regaining Popularity?” At the panel, Siu said he has no doubt that Bitcoin (BTC) will reach $1 million: “I believe that Bitcoin could reach over a million dollars at some point. But, … Read more
BNB looked bullish despite market turmoil. The Bitcoin halving might have a significant impact on major altcoins. Due to geopolitical conflicts between Iran and Israel, a sense of uncertainty and fear has spread over the cryptocurrency market, resulting in a significant downturn or crash. At the moment of writing this, Bitcoin’s price had dropped beneath … Read more
The cost of a bitcoin (BTC) decreased by 3% on the 16th of April due to crypto investors adopting a more cautious approach, triggered by weak demand for Bitcoin ETFs. Based on the data from CryptoMoon Markets Pro and TradingView, the Bitcoin price on Binance reached its lowest point of $61,709 around the time of … Read more
In contrast to the general apprehension regarding how central bank digital currency (CBDC) may affect commercial banks, Bank of Israel deputy governor Andrew Abir expressed an opposing perspective in a speech posted on the central bank’s website. Instead of worrying, he encouraged commercial banks to strive for competition. After decades of striving to boost competition … Read more