According to the recent research “Are Cryptocurrency Markets Running Behind The Fed? A significant shift in crypto markets microstructure” published by GrinisRIT and Finery Markets, 2021 became a year when crypto markets significantly adjusted it’s behavioural patterns, showing an increasing institutional influence. The paper came with 2 major conclusions: In contrast to recent research, it was noted that BTC/USD was […]

Recently, prominent crypto analyst and trader Michaël van de Poppe shared his thoughts on $SOL, the native token of the Solana blockchain. This is what he had to say about $SOL’s price action in a video released on the “Crypto Michaël” YouTube on October 17 while looking at the $SOL-$USDT price chart (for Binance) from TradingView: “At this stage, jumping into […]

Bitcoin price is gaining pace above $60,000 against the US Dollar. BTC remains supported on the downside near the $62,000 and $60,000 levels. Bitcoin Price Analysis Bitcoin price formed a base above the $55,000 level. As a result, BTC started a fresh increase above the $58,000 and $60,000 resistance levels. The price gained pace for a move above the $62,000 […]

Mexico has no interest in making digital currencies legal tender, the country’s president has made clear. In a recent press conference, President Andres Manuel Lopez Obrador claimed that the country would retain its orthodox financial system and focus on streamlining different aspects of this system. Ever since El Salvador legalized BTC payments, there has been speculation on which country would […]

Bitcoin gained pace above the $63,000 resistance against the US Dollar. BTC is rising and it may soon clear the $65,000 resistance in the near term. Bitcoin is showing positive signs above the $61,000 and $62,500 levels. The price is now trading above $62,500 and the 100 hourly simple moving average. There is a key bullish trend line forming with […]

Galaxy Interactive, a venture capital firm focused on next generation interactive technolo, has announced it has raised $325 million for its second fund from 70 different investors. The fund is focused on virtual and augmented reality, artificial intelligence, and blockchain-based games. In an Oct. 19 announcement, Galaxy Digital, the majority owner of Galaxy Interactive, stated that $150 million from the […]

SEC Chair Gary Gensler and Proshares CEO Simeon Hyman discussed the launch of the first Bitcoin-linked ETF in a CNBC breaking news segment on Tuesday. Proshares Bitcoin Strategy ETF, also known as BITO, is based on CME Bitcoin futures contracts. CNBC commentator Bob Pisano shared concerns from some investors that BTC futures could deviate from the BTC spot price: “The […]

Pop icon Mariah Carey is the latest celebrity to embrace Bitcoin (BTC) through the Winklevoss-led Gemini cryptocurrency exchange, offering another sign that digital assets are becoming mainstream.  In a video message to her 10.2 million Instagram followers, Carey announced Tuesday that she is partnering with Gemini to boost Bitcoin adoption and support girls of color in their pursuit of STEM […]

The G20’s Financial Supervisory Board (FSB) has appointed new Chairs for two of its Standing Committees and the Resolution Steering Group on Tuesday. According to the announcement, Andrew Bailey, Governor of Bank of England (BoE), has been named as Chair of the Standing Committee on Supervisory and Regulatory Cooperation (SRC); Fahad Almubarak, Governor of Saudi Central Bank, has been appointed […]