Here’s Why Bitcoin Can’t Move Above $30,000
The Bitcoin price remains depressed within a narrow range due to selling by short-term holders and miners. Analysts and investors are perplexed by the Bitcoin price’s failure to move despite clinging to support at $30,000 even as skeptics draw a line at $32,000 resistance. According to on-chain insights from CryptoQuant, the largest cryptocurrency “been lodged […]
Binance Offers Bitcoin At $3K Discount
On Binance, Bitcoin is selling for just over $27,500.US, a discount of roughly $3,000 compared to global spot prices. Bitcoin is available at a discount of nearly $3,000 on Binance.US, which is substantially better than global spot prices; however, there is one catch. On July 9, many crypto users observed a widening price disparity between cryptocurrencies listed […]
Why Vitalik Buterin Suggests Bitcoin Scaling Solutions
This year, Vitalik Buterin lauded the development of Bitcoin Ordinals, stating that they represent a return to “builder culture.” Bitcoin (BTC), the largest cryptocurrency in the world, has firmly established itself as a store of value. However, some crypto devotees view the Bitcoin ecosystem as more than a payment system. Vitalik Buterin, a co-founder of […]
Wallet Upgrade : Binance to Retire Deposit Addresses
In the third quarter, Binance will retire specific deposit addresses and memos in segments by the network as part of wallet upgrade. In Q3, the largest cryptocurrency exchange in the world, Binance, will retire selected deposit addresses and memos in installments by the network. It is part of the company’s effort to upgrade its wallet infrastructure […]
June FOMC Meeting Minutes
The FOMC minutes for the month of June have been released, and the committee agreed to maintain interest rates for this month. According to the FOMC minutes released to the public on Wednesday, July 5, the U.S. Federal Reserve voted unanimously to maintain the status quo for interest rates. The vast majority of primary dealers […]