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Bitcoin, Ethereum Technical Analysis: BTC Moves Below $30,000, Following Latest US Retail Sales…
Bitcoin slipped below the $30,000 mark on Wednesday, as markets continued to react to the latest U.S. retail sales report. Sales rose by 0.2% last month, which is more than the 0.5% sum many had forecasted. Ethereum has remained resilient,…
First Mover Americas: Investors Pile Into Bitcoin ETPs Following BlackRock ETF Filing
The latest price moves in bitcoin (BTC) and crypto markets in context for July 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Nigeria Declares Food Emergency After Sixth Consecutive Increase in Inflation Rate
The Nigerian government declared a food price emergency after the latest data from the National Bureau of Statistics (NBS) showed that the country’s inflation rate had gone up by 0.38% to 22.79%. The NBS said the June inflation figure…
Ripple Expects Business to Pick Up in the US After Landmark Ruling
Ripple, a cryptocurrency and remittance services company, expects to start offering its services to U.S.-based businesses after the recent ruling that determines the XRP token is not “necessarily a security” on its face.…
BRICS Leaders to Talk Expansion at August Summit, Host Confirms
The leaders of the BRICS states will discuss the organization’s enlargement when they meet in South Africa, the country’s president indicated. The summit is set take place in August when over a dozen countries will hope to be given a path…
Another Big 4 Australian Bank Blocks Payments to ‘High-Risk’ Crypto Exchanges
National Australia Bank (NAB) has joined other major lenders in the country in blocking payments to some cryptocurrency exchanges. The banking institution said it’s introducing new customer protections regarding financial transactions with…
Economist Sounds Alarm on US Dollar Losing Reserve Currency Status
An economist with the Heritage Foundation has warned about the potential calamity of the U.S. dollar losing its reserve currency status. He stressed that “The Biden administration has taken so many actions to dethrone King Dollar that it…
US Lawmakers Call on SEC to Stop Regulatory Assault on Crypto Following XRP Ruling
U.S. lawmakers have called on the U.S. Securities and Exchange Commission (SEC) to drop its regulatory assault on the crypto industry following the landmark ruling on the SEC v. Ripple case regarding XRP. “The SEC has chosen to…
SEC Chair Advocates Increased AI Use for Market Surveillance and Enforcement
U.S. Securities and Exchange Commission Chairman Gary Gensler says the SEC could benefit from making greater use of artificial intelligence (AI) in several areas, including enforcement and market surveillance. However, he also raised a…
Bitcoin Remains Under Pressure Below $30K Following U.S. Retail Sales Numbers
Thursday's rally to a new 13-month high of $31,800 has now more than been fully nullified.