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India Cracks Down On Crypto: Regulators Favor CBDC In Push Vs. Bitcoin & Co.

India is leaning toward the total prohibition of private cryptocurrencies like Bitcoin and Ethereum in an attempt to regulate risk in its current volatile market. The government said they will have a preference for Central Bank Digital Currencies (CBDC), as they provide all the benefits of private cryptocurrencies, without having the potential for instability or […] дальше »

2024-10-23 02:00


Bitcoin Price Nears $64K – Why Is the Crypto Market Up Today?

The second week of “Uptober” is starting just as crypto traders would wish. The Bitcoin price is up 3% while most top altcoins are up 4-10%. BTC is now trading slightly below $64K. During the early hours on Monday in the Central European timezone, the Bitcoin price was rejected at this level, indicating that $64K […] The post Bitcoin Price Nears $64K – Why Is the Crypto Market Up Today? appeared first on CaptainAltcoin. дальше »

2024-10-7 09:03


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El Salvador doubles down on Bitcoin, defies IMF concerns

El Salvador has doubled down on its Bitcoin moves despite ongoing pressure from the International Monetary Fund (IMF) regarding the country’s use of the digital asset. On Oct. 4, Juan Carlos Reyes, President of the National Commission on Digital Assets (CNAD), announced that the Central American country’s lawmakers had passed “important amendments to the CNAD […] The post El Salvador doubles down on Bitcoin, defies IMF concerns appeared first on CryptoSlate. дальше »

2024-10-4 14:09


Bitcoin Price Could Surge Following Chinese Economic Stimulus: Here’s Why

Bitcoin (BTC) could benefit from the People’s Bank of China’s (PBOC) decision to cut the reserve requirement ratio (RRR) by 50 basis points (bps). China Injects Economic Stimulus, Will Bitcoin Benefit? In an announcement on September 24, 2024, the Chinese central bank stated it had slashed the RRR by 50bps. The move bears semblance to […] дальше »

2024-9-26 02:00


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Bitcoin surges past $64k as expectations for monetary easing rise

Bitcoin continued its upward trajectory late Tuesday, surpassing $64,000 as traders anticipate further monetary easing measures from central banks around the world. The growing expectation of a second consecutive 50 basis point interest rate cut by the US Federal Reserve in November has provided a strong tailwind for the cryptocurrency market. At press time, Bitcoin […] дальше »

2024-9-25 06:39


Why We Won’t See CBDCs Everywhere

For all the talk of central banks launching digital versions of national currencies, only three projects have fully launched. For a host of reasons, we likely won’t see a global rollout of these difficult-to-build and not-particularly-wanted initiatives, says Fiorenzo Manganiello, co-founder and managing partner of investment firm LIAN Group. дальше »

2024-9-23 20:31


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Bitcoin Pumps To $61,000, Then Retraces After Fed Aggressively Cuts Interest Rates For First Time In Four Years

Bitcoin rallied above the $61,000 price point on Wednesday following the United States Federal Reserve’s decision to lower its benchmark interest rates by 50 basis points, marking the first rate cut since 2020 after the world’s most important central bank’s most aggressive hiking cycle. дальше »

2024-9-19 00:35