Bitcoin (BTC) has recently entered a short-term bearish phase, falling below the $60,000 mark and dropping beneath $59,500 and $58,000. After hitting a low of $57,690, the cryptocurrency has begun a modest recovery.
Read MoreBitcoin (BTC) has recently entered a short-term bearish phase, falling below the $60,000 mark and dropping beneath $59,500 and $58,000. After hitting a low of $57,690, the cryptocurrency has begun a modest recovery.
Read MoreIn recent comments, former Bank of Japan (BOJ) board member Makoto Sakurai suggested that the central bank would likely postpone any additional interest rate hikes until next year, signaling a preference for market stability in the near term.
Read MoreSamson Mow, CEO of JAN3 and a well-known Bitcoin advocate, has recently raised alarms about the security of Bitcoin stored in cold wallets. Despite cold storage being regarded as a secure method to protect cryptocurrency from online threats, Mow warns that even these solutions might be vulnerable. He suggests that Bitcoin holders should ensure their private keys are not easily accessible, even by themselves.
Read MoreBitcoin (BTC), Ethereum (ETH), and Ripple (XRP) each encountered significant resistance levels over the weekend, leading to declines that suggest potential continuation of downward trends in the coming days. Here’s a closer look at the technical analysis and current market conditions for these major cryptocurrencies.
Read MoreTether Limited, the issuer of the USDT stablecoin, has responded to a lawsuit filed by Celsius Network Limited, branding it as “baseless” and a “meritless shakedown.”
Read MoreThe Federal Reserve Bank of Boston’s President Susan Collins recently suggested that the central bank might consider easing interest rates soon. This potential shift, with cuts possibly beginning on September 18, could significantly impact financial markets, sparking a bullish trend.
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