The Global System for Mobile Communications (GSMA) estimates that 49% of people use smartphones to access the internet worldwide. From social media to software distribution, mobile technology has sparked rapid transformation that has eventually reshaped society and shaped behavior in mainly unexpected ways. A number of Web3 companies are currently investigating ways to circumvent the […]
Retailers will be able to accept cryptocurrency payments, such as USDC, at the point of sale with Flexa Components. With the release of Flexa Components, Flexa has made it easier for retailers to accept cryptocurrency payments by enabling direct, fee-free digital wallet transactions. Seamless User Experience According to Flexa, Components will enable users to pay […]
Some traders anticipate market changes closer to Friday, the day when Jerome Powell, the head of the Federal Reserve, is expected to speak at the Jackson Hole conference. Early on 20th August 2024, Bitcoin (BTC) crossed $61,000 after U.S.-spot exchange-traded funds (ETFs) holding the cryptocurrency had their second-highest inflow activity of the month. According to […]
According to one analyst, cryptocurrency markets are prone to ongoing position adjustments based on traditional finance markets because they lack a distinct anchor. Over the weekend, a decline in bitcoin (BTC) sparked a selloff in the broader cryptocurrency market as traders sought signals ahead of a busy week to decide where to position themselves. According […]
The increased likelihood of an American recession is driving the continued Bitcoin sell-off, but overall, the prognosis is bright. In the last 24 hours, Bitcoin BTC $52,670 has dropped more than 4% and is already below $60,000. However, based on a developing Wyckoff reaccumulation pattern and growing odds of three rate cuts by the end […]
A Bitcoin specialist, Crypto Rover, expects that the cryptocurrency’s price will rise above $800,000 as a result of Trump’s promise to include it in the US’s strategic reserves. In Donald Trump’s recent lecture at the Bitcoin 2024 conference in Nashville, he went all in on Bitcoin BTC $65,974, telling voters that the US will become […]
A new set of bullish catalysts is driving up the price of bitcoin. On July 26, Bitcoin BTC $67,788 experienced a 6% rally and approached the $68,000 barrier level. Interestingly, this change corresponded with significant buying pressure on US Treasury bonds, with the 5-year yield falling to its lowest level since March 2024. Similarly, gold, […]
The price of Bitcoin is trapped in a downward trend because sellers aren’t willing to let up. The price of Bitcoin (BTC) has been trading between $55,000 and $58,200 for almost a week, with the 200-day exponential moving average (EMA) at $58,000 acting as a resolute resistance. The price of BTC is currently ticking down […]
How might Bitcoin mining benefit regular investors now that profit margins have been reduced by half? The block reward was decreased to 3.125 Bitcoin in 2024 because of the Bitcoin halving event. As a result, mining companies’ profits fell, and the supply of new Bitcoin slowed down. Based on the research done by Cointelegraph, let’s […]
Users can obtain cash without having to liquidate their Bitcoin holdings by using them as collateral for loans guaranteed by the cryptocurrency. These loans offer Bitcoin owners a special method to access liquidity while keeping control of their digital assets by fusing traditional lending with the world of cryptocurrency. The proliferation of cryptocurrency lending services […]
Bitcoin ETFs have had substantial withdrawals totaling $1.3 billion over the last two weeks. Analysts are nevertheless optimistic about a market rebound in the upcoming months in spite of this. Overview of Outflows United States spot Bitcoin exchange-traded funds (ETFs) have witnessed a substantial $1.3 billion outflow in the last fortnight. This decrease comes with […]
Binance, the world’s largest cryptocurrency exchange, has announced enhanced security measures to prevent the misuse of account features and ensure the platform’s integrity. This move comes after Binance discovered instances of account misuse, giving certain users unfair advantages. The new measures are designed to foster a healthy and sustainable market environment that prioritizes the interests […]