US stock traders are exacting a big influence on Bitcoin (BTC) prices, a South Korean crypto researcher has claimed. Per the media outlet KyungHyang Games, the comments came from Kim Min-seung, the head of the Korbit Research Center at the Korbit crypto exchange. BTC prices versus the South Korean won over the past five days....
It’s much the same for BTC’s relative strength index (purple), which has risen from nearly 20 a couple of days ago to around 60 today. This indicates that momentum has increased for Bitcoin, yet because the RSI hasn’t climbed over 70, we may see another wave of buyers very soon. One other interesting detail of...
The web3 move-to-earn app STEPN has launched a 100 million FSL Points ‘trailblazer’ airdrop campaign ahead of its partnership announcement. According to a press release shared with Cryptonews.com, the Solana-based non-fungible token (NFT) project would divide this airdrop worth a total of $30 million into two phases, as the FSL Points are redeemable for STEPN’s...
Arthur Hayes predicts a potential downturn in the Bitcoin market around the April 20 halving event, challenging the usual bullish sentiment. This Bitcoin price prediction reflects his analysis of market consensus, economic factors, and the impact of U.S. dollar liquidity on crypto assets. Crypto Billionaire Arthur Hayes Says BTC Will Drop Around Halving Time Arthur...
Matthew White, CEO of Dubai’s Virtual Asset Regulatory Authority (VARA), expressed the watchdog’s commitment to easing the regulation burden for smaller crypto entities. Speaking at a regulatory panel discussion during the Paris Blockchain Week, White acknowledged the imperfections in crypto regulations and emphasized the need for improvement. VARA CEO Advocates for Innovative Solutions to Regulatory...
Hong Kong’s securities regulator aims to approve the first batch of Spot Bitcoin ETFs on April 15. However, their availability is expected to commence roughly two weeks after approval, Tencent News reported Wednesday. Financial analysts were quoted as projecting that the first Spot Bitcoin ETF in Hong Kong could reach a size of $20b. This...
Bitfinex Securities El Salvador S.A. de C.V., a tokenized securities platform, is spearheading an initiative to fund the development of a Hampton by Hilton hotel complex at El Salvador International Airport through a tokenized debt issue. The token, known as HILSV, will trade against the U.S. dollar and tether (USDT) and will be issued on...
Bitcoin’s highly anticipated “halving” event may already be partially factored into the market, according to the CEO of Marathon Digital Holdings Inc., the largest cryptocurrency miner in the United States. In an interview with Bloomberg TV on Tuesday, Marathon CEO Fred Thiel expressed his perspective on the potential impact of the ETF approval on Bitcoin’s price...
BTC has fallen by 1% in the past 24 hours, with the Bitcoin price dropping below $70,000 on a day when the market has lost 2%. Bitcoin does remain up by 4% in a week, and while it’s down by 3% in the last 30 days, it also sits on a 140% gain in the...
International cryptocurrency exchange platform Coinbase is making it easier for UK customers to buy and sell cryptocurrencies with the launch of Apple Pay. The integration, announced on Wednesday, is part of Coinbase’s efforts to increase crypto adoption in the UK. Coinbase UK Launches Apple Pay For Customers The UK is a key market for Coinbase,...