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Crypto News

Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000, USD Hits 2-Week Low
Bitcoin News - 4 October 2022, 12:30 pm
Bitcoin was back above $20,000 on Tuesday, as the U.S. dollar fell to its lowest point in two weeks versus several G7 currencies. The stronger dollar has impacted purchasing power in cryptocurrencies, and commodities like crude oil, which last week fell to a nine-month low. Ethereum was also up, hitting a five-day high. Bitcoin Bitcoin…Read More
Basel Committee crypto asset prudential treatment proposals get detailed responses
Cointelegraph.com News - 4 October 2022, 12:00 pm
The international financial community went long form to speak up for its interests as the Basel Committee on Banking Supervision continues to optimize banking regulation. The comments period has ended for the Basel Committee on Banking Supervision (BCBS) “Second Consultation on the Prudential Treatment of Cryptoasset Exposures,” a document published in June 2022. International financial associations…Read More
Cryptocurrency Is Losing Popularity as Investment Vehicle in US, According to Bankrate Survey
Bitcoin News - 4 October 2022, 11:30 am
The popularity of cryptocurrency as an investment vehicle is dwindling in the U.S., according to a survey made by Bankrate. The survey found that trust in crypto has diminished across several groups, with millennials losing 20% of their trust in the assets — more confidence lost than in the other generational groups surveyed. Investors Losing…Read More
Ether exchange netflow highlights behavioral pattern of ETH whales
Cointelegraph.com News - 4 October 2022, 11:15 am
The Ethereum netflow chart shows that the spike in exchange flows has often come at a time when the price of ETH was trading at a short-term/long-term low. The exchange netflow of Ether (ETH) over the past couple of years highlights a behavioral pattern among Ether whales that market analysts believe is done to pump the…Read More