Auto Added by WPeMatico

Ethereum Technical Analysis: ETH Faces Pivotal Resistance

On Sept. 9, 2024, ethereum’s price hovers at $2,309 as it struggles to break free from a strong downtrend, observed across multiple timeframes. The market reflects uncertainty, with oscillators showing…

Continue ReadingEthereum Technical Analysis: ETH Faces Pivotal Resistance

Bitcoin Technical Analysis: Path to $58K Blocked by Heavy Resistance at $56,000

On September 9, 2024, bitcoin is trading for $55,321, rebounding from recent lows but facing strong resistance around the $56,000 mark. Oscillators and moving averages present a mixed picture, with…

Continue ReadingBitcoin Technical Analysis: Path to $58K Blocked by Heavy Resistance at $56,000

Trump Threatens Countries Leaving the U.S. Dollar With 100% Tariffs

Former President and Republican candidate Donald Trump announced future sanctions for countries supporting de-dollarization. At a rally held in Wisconsin, Trump declared: “You leave the dollar, and you’re not doing…

Continue ReadingTrump Threatens Countries Leaving the U.S. Dollar With 100% Tariffs

Moscow Exchange Opts out of Russia’s Crypto Trading Program

The Moscow Exchange (MOEX), Russia’s largest securities marketplace, will not participate in an experimental program for cryptocurrency trading, as confirmed by Nikolai Trunichkin, head of digital projects at the exchange.…

Continue ReadingMoscow Exchange Opts out of Russia’s Crypto Trading Program

Latam Insights: Venezuelan Opposition Leader Proposes Bitcoin Reserve; Maduro Wants to Retake the Crypto Path

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Venezuelan opposition leader María Corina Machado proposes creating…

Continue ReadingLatam Insights: Venezuelan Opposition Leader Proposes Bitcoin Reserve; Maduro Wants to Retake the Crypto Path

UK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements

The UK Financial Conduct Authority (FCA) has revealed that over 87% of crypto registrations were either rejected, withdrawn, or refused as part of its ongoing efforts to combat fraud and…

Continue ReadingUK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements

Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase

The Central Bank of Brazil disclosed a new set of use cases that will be part of the second phase of the ongoing pilot of its drex CBDC. Among the…

Continue ReadingCentral Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase

Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone

After breaking the July 25, 2024 record on Saturday, Sept. 7, Bitcoin’s hashrate has kept climbing, now reaching an impressive 692.28 exahash per second (EH/s) on Sept. 8, which is…

Continue ReadingBitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone

Corporate Bitcoin Adoption Surges in 2024, River Report Reveals

Corporate adoption of bitcoin has experienced a significant surge in 2024, according to a recent report from River, a U.S.-based bitcoin-focused financial services company. The report highlights the growing role…

Continue ReadingCorporate Bitcoin Adoption Surges in 2024, River Report Reveals

Vitalik Buterin Responds to Rumored Sales, Reaffirms Commitment to Ethereum and Charitable Causes

After some activity was noticed from wallets linked to Vitalik Buterin, co-founder of Ethereum, he took to the social media platform X to clarify the situation. He stated that all…

Continue ReadingVitalik Buterin Responds to Rumored Sales, Reaffirms Commitment to Ethereum and Charitable Causes