Though the Justice Department declined to comment for the article, Bloomberg was able to report last week that the DOJ is investigating U.S. banks and the backers of popular stablecoin USDT. There is some ongoing speculation about how this might affect bitcoin’s price. What’s Supposedly Going on With Tether and the DOJ? The Justice Department...Read More
With the start of August, the global cryptocurrency market is in the black (today). The current market capitalization is $1.65 trillion. Bitcoin price is currently $41500, and its market share is 47.76 percent, down 1.16 percent from the previous day. To support the broader crypto market, Bitcoin would have to return to $42,500 levels. Meanwhile,...Read More
As the larger crypto markets continue to surge, a well-known crypto trader and analyst is laying out his predictions for Bitcoin, Ethereum, and Chainlink. Bitcoin Price Pentoshi, a pseudonymous crypto analyst, tells his 202,700 Twitter followers that he’s keeping a careful eye on Bitcoin (BTC), which is poised to break through previous resistance at $40,000...Read More
According to a new law coming into effect next week, some German investment funds will be able to hold up to 20% in digital assets. This comes amid growing demand from various institutions towards the industry. Germany’s Next Crypto Move As per a Bloomberg report from July 30th, Spezialfonds – German investment funds with fixed...Read More
Most cryptocurrencies closed higher in the last 24 hours, indicating that the upward momentum is still strong. Given the current technical price of Ether, one cannot help but expect further price increases. This is in line with the overall cryptocurrency market’s upbeat outlook. Following the recent crypto market crisis, Ether prices entered a period of...Read More
