Soaring Inflation Data Could Trigger Next Bitcoin (BTC) Collapse, Says Analyst Benjamin Cowen – Here’s His Target

Widely followed crypto analyst Benjamin Cowen says incoming inflation data could largely influence the trajectory of Bitcoin (BTC). In a new video, the analyst tells his 771,000 subscribers that interest for Bitcoin will likely come back if the price of the top crypto asset breaches the bull market support band. The bull market support band …

Crypto Analyst Says Bitcoin Could Triple in Price to $63,000 Before Next BTC Halving

The popular crypto analyst and host of the InvestAnswers YouTube channel says that Bitcoin (BTC) could easily go on a 3x rally before the next halving event. In a new strategy session, the analyst tells his 444,000 YouTube subscribers that strong BTC rallies usually precede Bitcoin’s halvings, an event when miners’ block rewards are cut …

Federal Prosecutors Take Over Tether Investigation, Looking Into Potential Fraud Committed by Executives: Report

The New York Justice Department is taking over a year-old investigation into top stablecoin issuer Tether. Washington federal prosecutors warned top Tether executives last year that they could be charged with crimes related to their banking policies and activities relating to USDT. According to a new Bloomberg report, US Attorney Damian Williams in Manhattan is taking …

Billionaire Changpeng Zhao Says Binance Wants To Help Elon Musk Bring Twitter Into Web3

The chief executive of the world’s largest crypto exchange by trading volume says he wants to assist Twitter in transitioning into the next phase of the internet. In a new interview with CNBC’s Squawk Box, Binance CEO Changpeng Zhao says his company’s $500 million investment in Elon Musk’s Twitter takeover was in the interest of free speech. …

Stablecoins have a new name in Great Britain: Law Decoded, Oct. 24–31

The first full week under the leadership of the newly-elected Prime Minister Rishi Sunak saw a major landmark for crypto regulation in the United Kingdom. The Financial Services and Markets Bill, made public on Oct. 25, aims to enhance the U.K.’s position as a “global leader in financial services” — but what is more important …

Singapore’s MAS says no urgent case for retail CBDC, but launches 4 fast trials of it

The Monetary Authority of Singapore (MAS) has wrapped up the first stage of its Project Orchid examination of a retail central bank digital currency (CBDC). According to the white paper released on Oct. 31, there is no “urgent case” for a retail CBDC in Singapore, but the study envisioned the infrastructure required in case a need arose. …

Ethereum flashes a classic bullish pattern in its Bitcoin pair, hinting at 50% upside

Ethereum’s native token, Ether (ETH), looks poised to log a major price rally versus its top rival, Bitcoin (BTC), in the days leading toward early 2023. Ether has a 61% chance of breaking out versus Bitcoin The bullish cues emerge primarily from a classic technical setup dubbed a “cup-and-handle” pattern. It forms when the price …

Bitcoin, not blockchain: Synonym launches mobile BTC wallet

Bitcoin and Lightning Network service provider Synonym has launched a new BTC-focused mobile wallet it says could enhance the user experience for holders of the flagship digital currency — and broaden Web3 adoption without relying on convoluted blockchain applications. Synonym unveiled its mobile Bitcoin (BTC) wallet, dubbed Bitkit, at the PlanB Forum in Lugano, Switzerland …

Chiliz ($CHZ) Sees Double Digit Gains Ahead of FIFA World Cup 2022

Chiliz ($CHZ) has gained as much as 24% over the weekend.  The upcoming FIFA World Cup has got investors and fans anticipating a surge in Chiliz’s price. The platform has undergone multiple upgrades in the past few days. Fan tokens of national football teams have seen an impressive price hike over the past week.  Chiliz, …

Tether ($USDT) Hits Back At Bloomberg For Report Over Renewed Fraud Probe

Bloomberg published a report outlining a “fresh: probe by the Department of Justice into Tether’s bank-fraud case.  Tether has responded to the report and accused Bloomberg of recycling old news.  The original investigation revolved around Tether executives who allegedly committed bank fraud. The stablecoin issuer has assured that it is cooperating with law enforcement agencies …

Shark Tank Star Kevin O’Leary Says Crypto Holders Will Witness Something ‘Remarkable’ in January 2023

Venture capitalist Kevin O’Leary is predicting that an upcoming meeting of world leaders will put crypto in the limelight. In a new interview, the Shark Tank investor says that digital assets will be one of the top issues that will be tackled during the World Economic Forum annual meeting that will take place in Davos, …

Dogecoin’s (DOGE) Explosive 114% Rally Is Not Over Yet, According to Top Analyst

Benchmark meme token Dogecoin (DOGE) is spearheading an altcoin market bounce, clocking in gains of 114% in the last seven days. DOGE first started moving on news that tech billionaire Elon Musk, one of Dogecoin’s most prolific supporters, had successfully taken over social media giant Twitter. Dogecoin rallied over 137% from around $0.059 to the …

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