Bitcoin has been experiencing a tumultuous period recently, with its price fluctuating after a sharp drop below $60,000 and then struggling to surpass key resistance levels, most notably $63,500. This has created a bearish sentiment among investors, as many anticipate further price declines. Crypto analyst Alan Santana has recently entered the fray with a grim
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The Bahamas is set to expand access to its Central Bank Digital Currency (CBDC) known as the “Sand Dollar” by involving commercial banks, as stated by the country’s central bank governor. John Rolle, the Governor of the Central Bank of The Bahamas, outlined the plan to establish regulations within the next two years. The country
Silvergate Capital found itself in hot water when it settled with the SEC for $50 million, following demands from Federal Reserve governors and California financial regulators for an additional $63 million in fines. The allegations revolved around misleading investors about the strength of its BSA/AML compliance program and the monitoring of crypto customers, including popular
Circle made a significant announcement on July 1 by revealing that it had secured an e-money license from France, solidifying its position as the premier global stablecoin issuer to adhere to the EU’s Markets in Crypto-Assets (MiCA) regulations. This license, granted by the Autorité de Contrôle Prudentiel et de Résolution (ACPR), the financial regulator in
A crypto analyst recently discovered a new technical pattern in the Cardano price movements, suggesting the possibility of a significant rebound. This discovery has sparked optimism among investors, with some analysts speculating that Cardano may have reached its lowest point and could be poised for a comeback to $0.8. Falling Wedge Pattern Signaling a Potential
Vitalik Buterin, a co-founder of Ethereum, recently expressed his apprehensions about the current state of cryptocurrency regulation, particularly in the United States. He raised a crucial point regarding the paradoxical nature of the regulatory framework that he believes is hindering the growth and integrity of the industry. Buterin pointed out that the existing regulatory environment
In the rapidly evolving landscape of digital finance, the emergence of crypto assets has introduced unprecedented challenges and opportunities for regulators across the globe. One of the largest government bodies to tackle this issue is the European Union, which has implemented the Markets in Crypto-Assets regulation (MiCAR). However, a critical gap has emerged in the
Opeyemi is not your average writer. His passion and expertise lie in the intricate world of cryptocurrency. A realm that may seem daunting to many, but one that he has embraced wholeheartedly for over two years now. What started as a mere curiosity has now blossomed into a full-blown obsession for Opeyemi. While some may
The latest analysis from CryptoQuant highlights several key on-chain metrics that could indicate a potential bottoming out of the bitcoin price and a resurgence in cryptocurrency prices. One of the crucial signals to watch is the Bitcoin Bull-Bear Market Cycle indicator, which is currently showing that the market is at its least bullish state since
Recently, the European Central Bank (ECB) provided an update on the progress of its preparation phase for the digital Euro CBDC, set to conclude in October 2025. The central bank emphasized the importance of privacy and data protection in this digital currency endeavor. However, upon closer examination, several concerning aspects of the digital Euro came