Bitcoin Golden Cross Just Took Place: What Does it Mean and What’s Next for BTC?

Bitcoin’s recent price surge has led to the formation of a golden cross as the 50-day moving average has gone over the 200-day moving average. Although it’s considered a lagging…

Continue ReadingBitcoin Golden Cross Just Took Place: What Does it Mean and What’s Next for BTC?

State Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform

State Bank of India (SBI) has reportedly blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI). Payment processors have been told to disable the bank’s UPI for crypto…

Continue ReadingState Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform

Ray Dalio: If Bitcoin Succeeds, Regulators and Governments Will Try to Kill It

If the primary cryptocurrency’s mainstream adoption continues and the asset succeeds, regulators and governments will kill its progress, said Ray Dalio. At the same time, he believes most bigger countries,…

Continue ReadingRay Dalio: If Bitcoin Succeeds, Regulators and Governments Will Try to Kill It

Bitcoin Price Analysis: After BTC’s 2-Day Surge, Is $42.8k Local Bottom Confirmed?

BTC managed to close back above the critical 200-day moving average, boosting near-term technical momentum, driven by strong spot buying. The price pushed above a declining channel, signaling a near-term…

Continue ReadingBitcoin Price Analysis: After BTC’s 2-Day Surge, Is $42.8k Local Bottom Confirmed?

Bitcoin Will Not Become Legal Tender in Uzbekistan, Central Bank Official Insists

Cryptocurrency cannot be adopted as a means of payment in Uzbekistan, a high-ranking official from the country’s central bank has recently stated. Speaking to local media, the regulator’s representative also…

Continue ReadingBitcoin Will Not Become Legal Tender in Uzbekistan, Central Bank Official Insists

25% of South Africans Own Cryptocurrency With Average Value of Assets Held Below $70

According to the findings of a study by KLA, a market research and data specialist firm, some 47% of South African adults are holders of cryptocurrency, with the majority of…

Continue Reading25% of South Africans Own Cryptocurrency With Average Value of Assets Held Below $70